Volkov Yuriy

No surprises should be expected from EuCB Review of the past week Quotes of major currency pairs continued its emergence in the past week as well. According to results of the week, USDX index lost 0,2% and the largest loss was received by US currency against British pound. Euro zone provided mixed statistics. Negative data on German labor market and retails were changed by moderately positive inflation and unemployment reports in Euro zone. Weak report on US consumer confidence CB showed the lowest values for the last 7 months and along with decline in durable goods orders figure supported demand in European currency. Eur/Usd closed trading week near to 36. Upon overcoming strong resistance level 1.6260, British currency accelerated its growth. Investors were encouraged by growth of consumer spending index, which is a crucial part of the economy, as well as by the comments of Bank of England Governor Mark Carney told about withdrawal of support package for mortgage lending as from January, 2014. He also stated that improvements in Euro zone are required to continue growth of the UK economy and internal demand solely is not able to ensure a serious recovery, when spoke in the Parliament's hearings. Nevertheless, British pound managed to establish a fresh high of 2013 at the point of 1.6382. Japanese news background was also mixed. Inflation remained on October level at the point of 1.1%, which is undoubtedly positive for Japan coping with inflation. However, the data on unemployment and industry output was negative. In general, Jpy/Usd shows a steadily ascending tendency and 5th trading week in succession is closed above the previous one. Read the Forecast

“Europeans” can undergo downward correction EUR/USD Monthly chart: so, bulls have formed a pinbar, whereof they seemed to guarantee themselves mid-range outlook for growth to 1.4260. Nevertheless, our main review indicator ADX went down, which predetermines either monthly bounce down (or to 50% of pin in the area of 1.3440) or a deeper correction to the area of Bollinger medium band (1.3106). This plan is described by a red arrow. Upon that, this ADX position can lead to even a more profitable bearish line: it is a touch of 1.3834 and an active move down, to continue accumulation of volumes in a giant triangle range. Alternative option in this case is a dash upwards, for the 1.4285 point. This plan can only be considered in the position above 1.3834. http://freshforex.ru/netcat_files/Image/eurusd,%20m(11).jpg Read more

«FreshForex» prolongs "Spreads in half" promotion Dear Clients! By your popular demands, "Freshforex" company prolongs a favorite bonus of traders "Spread in half" till 31st of January, 2014 Connect your trading account to "Spreads in half " bonus and get the highest spread rebate in the Forex market. Choose what's better for you: · 5 USD for each trading lot on profit trades. · 10 USD for each trading lot on loss trades. Bonus advantages have been already appreciated by more than thousand of traders. Join us! You can start using promotion, as well as get acquainted with other profitable bonus offers for traders on our website in the "Promotions and bonuses" section. Wish you successful trading! “FreshForex” - a fresh view on money

«FreshForex» prolongs "Spreads in half" promotion http://freshforex.ru/netcat_files/Image/spread.png Dear Clients! By your popular demands, "Freshforex" company prolongs a favorite bonus of traders "Spread in half" till 31st of January, 2014 Connect your trading account to "Spreads in half " bonus and get the highest spread rebate in the Forex market. Choose what's better for you: • 5 USD for each trading lot on profit trades. • 10 USD for each trading lot on loss trades. Bonus advantages have been already appreciated by more than thousand of traders. Join us! You can start using promotion, as well as get acquainted with other profitable bonus offers for traders on our website in the "Promotions and bonuses" section. Wish you successful trading! “FreshForex” - a fresh view on money

Will Pound be able for a new High? Review of the past week The past market week was marked by growth of three major currency pairs. Records of the last FRS meeting exerted a pressure on Eur/Usd quotes. FRS stated that on coming December meeting it can consider QE3 cutting. Rumors about a probable introduction of negative rates coming from EuCB were also like oil in the flame. These both factors supported US dollar, whereupon EUR/USD dropped down to 1.3399. Positive PMI data in industrial sector and German IFO supported demand in Eur/Usd pair, which closed trading week at the point of 1.3556. From the one hand, positive statistics from the leading economy of Euro zone is positive for the united European currency, from another hand, the only Germany is not enough to drive European economy. Apart from the records of the FRS meetings, records of the last BoE meeting were published as well. British regulating authority stated that inflation will decline in the nearest months, whereas unemployment will on the contrary drop. It was also stated that increase in interest rates may not necessarily follow right after the target level is reached. Positive data on the balance of industrial orders by Confederation of British Industry also supported cable in pairs with Euro and USD. Gbp/Usd closed trading week at the point of 1.6225 closer and closer reaching high of 2013. Meeting of the Japanese CB did not give surprised to participants of the market. GDP decline in 3rd quarter in the rate of 1,9% per annum was marked by the JCB management as a temporary delay. Also it was stated that now it is too early to discuss the policy of leaving stimulus programs. Positive mindset of investors on Japanese stock exchanges encouraged bulls to take new highs. The week was closed by USD/JPY at the point of 101.27. Forecast for the week 25 – 29 of November

Will Pound be able for a new High? Review of the past week The past market week was marked by growth of three major currency pairs. Records of the last FRS meeting exerted a pressure on Eur/Usd quotes. FRS stated that on coming December meeting it can consider QE3 cutting. Rumors about a probable introduction of negative rates coming from EuCB were also like oil in the flame. These both factors supported US dollar, whereupon EUR/USD dropped down to 1.3399. Positive PMI data in industrial sector and German IFO supported demand in Eur/Usd pair, which closed trading week at the point of 1.3556. From the one hand, positive statistics from the leading economy of Euro zone is positive for the united European currency, from another hand, the only Germany is not enough to drive European economy. Apart from the records of the FRS meetings, records of the last BoE meeting were published as well. British regulating authority stated that inflation will decline in the nearest months, whereas unemployment will on the contrary drop. It was also stated that increase in interest rates may not necessarily follow right after the target level is reached. Positive data on the balance of industrial orders by Confederation of British Industry also supported cable in pairs with Euro and USD. Gbp/Usd closed trading week at the point of 1.6225 closer and closer reaching high of 2013. Meeting of the Japanese CB did not give surprised to participants of the market. GDP decline in 3rd quarter in the rate of 1,9% per annum was marked by the JCB management as a temporary delay. Also it was stated that now it is too early to discuss the policy of leaving stimulus programs. Positive mindset of investors on Japanese stock exchanges encouraged bulls to take new highs. The week was closed by USD/JPY at the point of 101.27. Forecast for the week 25 – 29 of November

Will Pound be able for a new High? Review of the past week The past market week was marked by growth of three major currency pairs. Records of the last FRS meeting exerted a pressure on Eur/Usd quotes. FRS stated that on coming December meeting it can consider QE3 cutting. Rumors about a probable introduction of negative rates coming from EuCB were also like oil in the flame. These both factors supported US dollar, whereupon EUR/USD dropped down to 1.3399. Positive PMI data in industrial sector and German IFO supported demand in Eur/Usd pair, which closed trading week at the point of 1.3556. From the one hand, positive statistics from the leading economy of Euro zone is positive for the united European currency, from another hand, the only Germany is not enough to drive European economy. Apart from the records of the FRS meetings, records of the last BoE meeting were published as well. British regulating authority stated that inflation will decline in the nearest months, whereas unemployment will on the contrary drop. It was also stated that increase in interest rates may not necessarily follow right after the target level is reached. Positive data on the balance of industrial orders by Confederation of British Industry also supported cable in pairs with Euro and USD. Gbp/Usd closed trading week at the point of 1.6225 closer and closer reaching high of 2013. Meeting of the Japanese CB did not give surprised to participants of the market. GDP decline in 3rd quarter in the rate of 1,9% per annum was marked by the JCB management as a temporary delay. Also it was stated that now it is too early to discuss the policy of leaving stimulus programs. Positive mindset of investors on Japanese stock exchanges encouraged bulls to take new highs. The week was closed by USD/JPY at the point of 101.27. Forecast for the week 25 – 29 of November

Bulls marked their advantage EUR/USD Monthly chart: bulls are vehement in their task and do not let a full rollback to happen. In the terms of trend's structure, they need one more Low in the beginning of December so they can get a completed rollback (further to which they can proceed to a full attack). Current resistance is located into the upper band (1.3809), whereas support line is based on the medium one (1.3106). After a possible rollback to the medium one, we can consider about the possibility of very profitable entrances to purchases with medium target as for 1.4260. http://freshforex.com/analitics/fresh-forecast/potencial/week_84.html'>Learn forecast

Bulls marked their advantage EUR/USD Monthly chart: bulls are vehement in their task and do not let a full rollback to happen. In the terms of trend's structure, they need one more Low in the beginning of December so they can get a completed rollback (further to which they can proceed to a full attack). Current resistance is located into the upper band (1.3809), whereas support line is based on the medium one (1.3106). After a possible rollback to the medium one, we can consider about the possibility of very profitable entrances to purchases with medium target as for 1.4260. http://freshforex.com/analitics/fresh-forecast/potencial/week_84.html'>Learn forecast

Bulls marked their advantage EUR/USD Monthly chart: bulls are vehement in their task and do not let a full rollback to happen. In the terms of trend's structure, they need one more Low in the beginning of December so they can get a completed rollback (further to which they can proceed to a full attack). Current resistance is located into the upper band (1.3809), whereas support line is based on the medium one (1.3106). After a possible rollback to the medium one, we can consider about the possibility of very profitable entrances to purchases with medium target as for 1.4260. http://gifok.net/images/2013/11/25/eBF5z.png Learn forecast

Sketches for the week EUR/USD Monthly chart: half of the month is behind and one can see how hard it is for bears to get rollback. General tendency is that it is difficult to continue to move up without touching zone of Bollinger medium band (1.3060). Besides, this rollback swing can become full only after a new Low will have been reached by December bar (with all that it implies in terms of time) Getting below the medium band would be a warning bell for buyers, but break of beginning up-trend would be only possible under the breaking of 1.2749. Until it happens, present things must be taken as the preparation for the impetus to zone 1.4260. Read more eurusd,%20m(9).jpg Read more: http://forum.italkmoney.com/topic/47292-freshforex-broker/#ixzz2lRnrzrQt

Sketches for the week EUR/USD Monthly chart: half of the month is behind and one can see how hard it is for bears to get rollback. General tendency is that it is difficult to continue to move up without touching zone of Bollinger medium band (1.3060). Besides, this rollback swing can become full only after a new Low will have been reached by December bar (with all that it implies in terms of time) Getting below the medium band would be a warning bell for buyers, but break of beginning up-trend would be only possible under the breaking of 1.2749. Until it happens, present things must be taken as the preparation for the impetus to zone 1.4260. Read more

Sketches for the week EUR/USD Monthly chart: half of the month is behind and one can see how hard it is for bears to get rollback. General tendency is that it is difficult to continue to move up without touching zone of Bollinger medium band (1.3060). Besides, this rollback swing can become full only after a new Low will have been reached by December bar (with all that it implies in terms of time) Getting below the medium band would be a warning bell for buyers, but break of beginning up-trend would be only possible under the breaking of 1.2749. Until it happens, present things must be taken as the preparation for the impetus to zone 1.4260. Read more http://freshforex.ru/netcat_files/Image/eurusd,%20m(9).jpg

EUR and GBP need drivers for growth Review of the past week The past week, quotes of Eur/Usd, Gpb/Usd and Yen/Usd pairs grew. We will traditionally start from the review of Eur/Usd. Core event of the week for the united European currency was GDP report for the 3rd quarter published on Thursday, 14th of November. As we expected, the data was just little worse than forecasts, on the point of 0.1% per quarter. GDP reports for the 3rd quarter were also published for the leading economies of Euro zone: German, French and Italian. All countries showed decline against the 2nd quarter, in particular, Italian data stands out. GDP of this country gives negative data for as long as 9 months in succession! On the background of such negative data, Euro weakened down to the point of 1.3418. However, weak data on the trade balance and industry output of the US let Eur/Usd quotes grow to the 35 figure and trade week closed at the point of 1.3495. The speech of the future FRS Chief Janet Yellen in the Senate Banking Committee also must be mentioned, where she told that now it is not the time to curtail QE3and it is required to wait until the economy steps into the phase of sustainable development. This factor added to growth of the European currency. Over the past trading week, the British Pound was at risk, further to release of weak inflation data. Consumer Price Index dropped down to 2.2%. The last time such weak data was received in September, 2012. On this background, quotes declined to the point of 1.5853. However, the next day the pair started a confident upward movement. As we mentioned in our previous week review, British currency demonstrated its strength. On Wednesday, 13th of November, Bank of England presented its quarter report on inflation. It raised forecast on growth of the UK economy and it the possibility of the interest rate increase in the end of 2014 under reach of target level of unemployment was also stated. Investors reacted positively and started active openings of long positions on Gpb/Usd. Trade week closed at the point of 1.6119, near to strong resistance level. Participants of trades with Yen/Usd managed to reach the point of 100.00. Over the last two weeks, bears actively resisted, but bulls overwhelmed at last. Japanese GDP for the third quarter showed decline, but is above expectations. Japanese currency neglected this report and investors focused on Janet Yellen's speech in the Senate Banking Committee. Future FRS chief stated that it is necessary to remain current monetary policy unchanged within near months, which encouraged bulls to open long positions. Growth of Nikkei 225 stock index over the entire week also added to optimism of bulls and Yen/Usd closed the week at the point of 100.19. Forecast for 18 – 22 NovemberEUR and GBP need drivers for growth Review of the past week The past week, quotes of Eur/Usd, Gpb/Usd and Yen/Usd pairs grew. We will traditionally start from the review of Eur/Usd. Core event of the week for the united European currency was GDP report for the 3rd quarter published on Thursday, 14th of November. As we expected, the data was just little worse than forecasts, on the point of 0.1% per quarter. GDP reports for the 3rd quarter were also published for the leading economies of Euro zone: German, French and Italian. All countries showed decline against the 2nd quarter, in particular, Italian data stands out. GDP of this country gives negative data for as long as 9 months in succession! On the background of such negative data, Euro weakened down to the point of 1.3418. However, weak data on the trade balance and industry output of the US let Eur/Usd quotes grow to the 35 figure and trade week closed at the point of 1.3495. The speech of the future FRS Chief Janet Yellen in the Senate Banking Committee also must be mentioned, where she told that now it is not the time to curtail QE3and it is required to wait until the economy steps into the phase of sustainable development. This factor added to growth of the European currency. Over the past trading week, the British Pound was at risk, further to release of weak inflation data. Consumer Price Index dropped down to 2.2%. The last time such weak data was received in September, 2012. On this background, quotes declined to the point of 1.5853. However, the next day the pair started a confident upward movement. As we mentioned in our previous week review, British currency demonstrated its strength. On Wednesday, 13th of November, Bank of England presented its quarter report on inflation. It raised forecast on growth of the UK economy and it the possibility of the interest rate increase in the end of 2014 under reach of target level of unemployment was also stated. Investors reacted positively and started active openings of long positions on Gpb/Usd. Trade week closed at the point of 1.6119, near to strong resistance level. Participants of trades with Yen/Usd managed to reach the point of 100.00. Over the last two weeks, bears actively resisted, but bulls overwhelmed at last. Japanese GDP for the third quarter showed decline, but is above expectations. Japanese currency neglected this report and investors focused on Janet Yellen's speech in the Senate Banking Committee. Future FRS chief stated that it is necessary to remain current monetary policy unchanged within near months, which encouraged bulls to open long positions. Growth of Nikkei 225 stock index over the entire week also added to optimism of bulls and Yen/Usd closed the week at the point of 100.19. Forecast for 18 – 22 November

EUR and GBP need drivers for growth Review of the past week The past week, quotes of Eur/Usd, Gpb/Usd and Yen/Usd pairs grew. We will traditionally start from the review of Eur/Usd. Core event of the week for the united European currency was GDP report for the 3rd quarter published on Thursday, 14th of November. As we expected, the data was just little worse than forecasts, on the point of 0.1% per quarter. GDP reports for the 3rd quarter were also published for the leading economies of Euro zone: German, French and Italian. All countries showed decline against the 2nd quarter, in particular, Italian data stands out. GDP of this country gives negative data for as long as 9 months in succession! On the background of such negative data, Euro weakened down to the point of 1.3418. However, weak data on the trade balance and industry output of the US let Eur/Usd quotes grow to the 35 figure and trade week closed at the point of 1.3495. The speech of the future FRS Chief Janet Yellen in the Senate Banking Committee also must be mentioned, where she told that now it is not the time to curtail QE3and it is required to wait until the economy steps into the phase of sustainable development. This factor added to growth of the European currency. Over the past trading week, the British Pound was at risk, further to release of weak inflation data. Consumer Price Index dropped down to 2.2%. The last time such weak data was received in September, 2012. On this background, quotes declined to the point of 1.5853. However, the next day the pair started a confident upward movement. As we mentioned in our previous week review, British currency demonstrated its strength. On Wednesday, 13th of November, Bank of England presented its quarter report on inflation. It raised forecast on growth of the UK economy and it the possibility of the interest rate increase in the end of 2014 under reach of target level of unemployment was also stated. Investors reacted positively and started active openings of long positions on Gpb/Usd. Trade week closed at the point of 1.6119, near to strong resistance level. Participants of trades with Yen/Usd managed to reach the point of 100.00. Over the last two weeks, bears actively resisted, but bulls overwhelmed at last. Japanese GDP for the third quarter showed decline, but is above expectations. Japanese currency neglected this report and investors focused on Janet Yellen's speech in the Senate Banking Committee. Future FRS chief stated that it is necessary to remain current monetary policy unchanged within near months, which encouraged bulls to open long positions. Growth of Nikkei 225 stock index over the entire week also added to optimism of bulls and Yen/Usd closed the week at the point of 100.19. Forecast for 18 – 22 November

EUR and GBP need drivers for growth Review of the past week The past week, quotes of Eur/Usd, Gpb/Usd and Yen/Usd pairs grew. We will traditionally start from the review of Eur/Usd. Core event of the week for the united European currency was GDP report for the 3rd quarter published on Thursday, 14th of November. As we expected, the data was just little worse than forecasts, on the point of 0.1% per quarter. GDP reports for the 3rd quarter were also published for the leading economies of Euro zone: German, French and Italian. All countries showed decline against the 2nd quarter, in particular, Italian data stands out. GDP of this country gives negative data for as long as 9 months in succession! On the background of such negative data, Euro weakened down to the point of 1.3418. However, weak data on the trade balance and industry output of the US let Eur/Usd quotes grow to the 35 figure and trade week closed at the point of 1.3495. The speech of the future FRS Chief Janet Yellen in the Senate Banking Committee also must be mentioned, where she told that now it is not the time to curtail QE3 and it is required to wait until the economy steps into the phase of sustainable development. This factor added to growth of the European currency. Over the past trading week, the British Pound was at risk, further to release of weak inflation data. Consumer Price Index dropped down to 2.2%. The last time such weak data was received in September, 2012. On this background, quotes declined to the point of 1.5853. However, the next day the pair started a confident upward movement. As we mentioned in our previous week review, British currency demonstrated its strength. On Wednesday, 13th of November, Bank of England presented its quarter report on inflation. It raised forecast on growth of the UK economy and it the possibility of the interest rate increase in the end of 2014 under reach of target level of unemployment was also stated. Investors reacted positively and started active openings of long positions on Gpb/Usd. Trade week closed at the point of 1.6119, near to strong resistance level. Participants of trades with Yen/Usd managed to reach the point of 100.00. Over the last two weeks, bears actively resisted, but bulls overwhelmed at last. Japanese GDP for the third quarter showed decline, but is above expectations. Japanese currency neglected this report and investors focused on Janet Yellen's speech in the Senate Banking Committee. Future FRS chief stated that it is necessary to remain current monetary policy unchanged within near months, which encouraged bulls to open long positions. Growth of Nikkei 225 stock index over the entire week also added to optimism of bulls and Yen/Usd closed the week at the point of 100.19. Forecast for 18 – 22 November

Evaluate our updated forex economic calendar Dear clients! We invite you to evaluate our updated economic calendar of Forex market events. By popular demand, one of the most required services  on our web-site got an improved interface. We tried to pay attention to all your needs and made our calendar more convenient. Not only design of the calendar was changed, but its functional as well: 1) News is updated immediately at the moment of publication; 2) The most important news is marked not only with stars rating, but also with the colour; 3) Description of important events is added; 4) Graphs of economic indicators are added; 5) The calendar is available in three languages: English, Russian and Chinese. Right now you can find review of coming  events of the Forex market in our updated economic calendar in "Analytics" section of our web-site . Be ready to the most important events of currency market with «Freshforex» company! Wish you successful trading! “FreshForex” - a fresh view on money

"FreshForex" will participate in the web-research held by “Interfax” Dear clients! We are glad to inform you that FreshForex company is aiagn going to take part in the most prestigious research of global market of Forex services held by the centre of economic research of the “Interfax” information agency - one of the biggest news agencies in Russia. Advantage of the "Interfax" rating is that Forex broker companies are estimated by traders from all over the world according to different categories. That’s why the rating results are objective, unbiased and trustworthy. The result of this research will be building of rating of the best Russian and foreign Forex-companies rendering service on global financial markets. Wish you successful trading! “FreshForex” - a fresh view on money

“FreshForex” company became a member of KROUFR Dear clients! We are glad to inform you that “FreshForex” company was certified to become a member of non-profit organization - the Financial Regulation Agency (KROUFR). From Russian its name stands for as the Commission on Regulating Relations between Participants of Over-the-counter market. Joining KROUFR is not only a big step towards consolidation of trust relationship with traders, but is also a sign of a full commitment to long-terms and fruitful cooperation with all participants of financial markets aimed to improve standards of the Forex industry in general. Director of “FreshForex” company Denis Korolev comments on this event: “Joining KROUFR is a consistent step in our development, we strive for a maximum possible transparency in relationship with clients and partners, stand for a honest and open competition on the Forex market. We plan to take an active part in developing this organization, which is currently the most reputable entity uniting traders and ready to comply with the rules and procedures adopted by the KROUFR professional community”. Reference about KROUFR The agency started its operation in 2004 year. As of today, its activity is aimed to develop services and manage relationship between Russian participants of international financial markets. The main protection mechanism is the KROUFR public commission including representatives of brokers, traders and investors. Read more Wish you successful trading! “FreshForex” - fresh view on money

Setup for trend does not seem complete EUR/USD Monthly chart: rollback in the direction of Bollinger medium band continues (1.3081), from where start to upwards movement for the target 1.4260 is supposed to be. Only upon breaking of 1.2749, we can consider any middle-term bearish scenario. Weekly chart: we witness support from the medium band (1.3328), whereas rollback swing has been fully formed. That can allow bulls to start directly from current levels. Bollinger envelopes boost upward movement, but probable deepening to 1.3081 still should be considered. In case of downward movement one can speak for a local O&U with the outlook described by the red arrow. Conclusion: main option is touching of zone 1.3081 and start for upper targets: 1.3328, 1.3612. An alternative option is growth of Euro without continuation of down trend, directly from zone 1.3328. There is a point for buyers to keep Stops below 1.3081, cause under breaking of this point, a strong impetus for reversal will appear. Learn more

Setup for trend does not seem complete EUR/USD Monthly chart: rollback in the direction of Bollinger medium band continues (1.3081), from where start to upwards movement for the target 1.4260 is supposed to be. Only upon breaking of 1.2749, we can consider any middle-term bearish scenario. http://freshforex.ru/netcat_files/Image/eurusd,%20m(8).jpg Weekly chart: we witness support from the medium band (1.3328), whereas rollback swing has been fully formed. That can allow bulls to start directly from current levels. Bollinger envelopes boost upward movement, but probable deepening to 1.3081 still should be considered. In case of downward movement one can speak for a local O&U with the outlook described by the red arrow. Conclusion: main option is touching of zone 1.3081 and start for upper targets: 1.3328, 1.3612. An alternative option is growth of Euro without continuation of down trend, directly from zone 1.3328. There is a point for buyers to keep Stops below 1.3081, cause under breaking of this point, a strong impetus for reversal will appear. Learn more

Setup for trend does not seem complete EUR/USD Monthly chart: rollback in the direction of Bollinger medium band continues (1.3081), from where start to upwards movement for the target 1.4260 is supposed to be. Only upon breaking of 1.2749, we can consider any middle-term bearish scenario. Weekly chart: we witness support from the medium band (1.3328), whereas rollback swing has been fully formed. That can allow bulls to start directly from current levels. Bollinger envelopes boost upward movement, but probable deepening to 1.3081 still should be considered. In case of downward movement one can speak for a local O&U with the outlook described by the red arrow. Conclusion: main option is touching of zone 1.3081 and start for upper targets: 1.3328, 1.3612. An alternative option is growth of Euro without continuation of down trend, directly from zone 1.3328. There is a point for buyers to keep Stops below 1.3081, cause under breaking of this point, a strong impetus for reversal will appear. Learn more

How clients of “FreshForex” company traded in October? Dear Clients! October has come to an end, which means that it is the right time to have summarize results and give attention to the most significant events of the past month. In October, all participants of the currency market had been looking forward to results of the battle between USA President Obama and the Congress regarding increase of the debt ceiling. On October, 13th, political games had been over and result was positive for the USA. Weak data on labor market of the US boosted main rivals of USD and the European currency succeeded the most by establishing a fresh High of 2013 year at the point of 1.3831. End of the month was also eventful. FRS of the USA remained its monetary policy unchanged, because budget crisis did not allow getting macroeconomics statistics. FRS dropped a hint that the decision on narrowing of QE (quantitative easing) program can be made on December meeting. Eurozone provided markets with the data about decline in inflation and growth of unemployment. In the nearest future, such negative data can lead to decline of the major interest rate by EuCB – the measure essential for priming of the economy. Below we offer you to have a look at results of trading of “FreshForex” clients for October: Relation between profitable and loss-making trades: Percentage of profitable trades exceeded percentage of loss-making trades and amounted to 54% . Highest income per month: Amounted to 8574% of deposit. The most active client, number of trades per month: The most active client conducted 1317 trades. We remind that you can find the most important figures regarding company's operation in “Facts and figures” section of our web-site. Wish you successful trading! “FreshForex” - fresh view on money

Now RBK Money depositing is available for all «Freshforex» clients! Dear clients! The «Freshforex» company keeps doing their best to make trading of every single client most convenient. We are glad to inform you about the RBK money worldwide spreading. Now all our clients can use «RBK Money» and «Visa/MasterCard (RBK.Money)» to deposit in their trading accounts. Using this system you can deposit fast, easily and FREE. You can look through all the instructions on our web-site at the category «Deposit and withdrawal». To use these deposit methods, you need just confirm your Personal Data. RBK Money depositing is free of charge! Remember, more than 20 deposit and withdrawal methods are available for «Freshforex» clients. Wish you lucky trading! “FreshForex” - fresh view on money

Bullish structure of markets remained EUR/USD Monthly chart: bulls were not able to break upper Bollinger band, though I am far from thoughts about southern direction. The reason is a fairly high Close and that Bollinger bands are still ascending (watch upper band). In case Northern movement gets confirmed, we cannot see Euro below a medium band (1.3081). If breakthrough is lower, the pair will move to the bottom band (1.2404). We need to recognize one more supportive zone is here though - 1.2749 — protecting up-structure of trend and able to send Euro upwards in the same way. Medium target of buyers is still 1.4260. Read more