Super Forex company news

[Super Forex]

SuperForex 40% Welcome Bonus  
Thanks to this highly popular bonus you can easily increase your trading volume and realize a much better trading profit!
For an unlimited period of time SuperForex’s new members will get a 40% bonus on each initial deposit. To obtain the 40% Welcome Bonus all you need to do is register a live trading account with us and submit the “Get the 40% Welcome Bonus” button from the Client's Cabinet.

Read more here https://superforex.com/welcome-bonus

[Super Forex]

Tesla CFDs Review & Forecast  
Most traders prefer to trade with currencies and don't pay attention to the possibility to earn on the shares of leading companies. If you trade with currencies, you need to analyse many factors, which often contradict each other. All this requires much of your attention, knowledge and skills as a trader. Even if you are a trader with years of experience, the risk of losses is high. In contrast, trading with contracts of difference (CFDs) is much simpler.

We offer you to start trading with CFDs now in order not to lose an opportunity to get profit. We would like to direct your attention to the shares of TESLA. This young company is growing rapidly and has enormous potential. Now everything becomes predictable as never. Volatility becomes high and it is possible to make good money. The company is rapidly increasing its production of electric cars, becoming more and more profitable. In its 14 years of operations, TESLA is near in value to the cost of Ford Motor, which is more than 110 years old. 

We can confidently expect that in the future this company will become the world leader of the automotive industry amid the comprehensive transition to electric cars and the desire to save the environment. Nowadays, even countries like China are beginning to use electric cars. All car manufacturers are increasing the volumes of electric cars production; the demand for electric cars is rapidly growing. Everybody understands that electric cars are the future of the automotive industry. This will certainly increase the value of TESLA's shares - in fact, it is increasing rapidly right now.

On the chart of the #TSLA, you can see an incredibly rapid upward trend. Nowadays you won't see anything like that.  We can say for sure that this trend will continue in the future. We are waiting for further rapid growth, giant hikes and price corrections, which you can use to earn a profit with any trading strategy, both long- and short-term. 

Thousands of traders have already noticed the potential of TESLA and trade on it actively. Now you can join them and trade profitably with #TSLA today.

We wish you luck in your trades!

Read more articles at https://superforex.com/analytics

[Super Forex]

USD/SEK – review and short term forecast.  

The rates of the USD/SEK is in the frames of upward trend. Dollar continues also to strengthen against the Krone, this week. It should be noted about unusually high volatility for this currency pair. Positively impacted the dollar  a strong statistics from the USA this week. Employment in the agricultural sector increased to 263К against forecasted 187К. The number of applications for unemployment allowance dropped significantly to 234 thousand. It's been predicted reductions the number of applications from 258 to 250 thousands. In addition, received information about the reduction of the trade deficit: from - 44,8 - up-to -43,6.  Also, it has been noticed the FED representatives, who said that  current situation in the US economy is not only allows to increase the interest rate, but need it in the near future. 
As for the Sweden, the market has not received new information that could affect the value of the Swedish Krona. At the moment there are only data for February. The most significant of them are increased volume of orders in industry by 12% and the growth of industrial production at 4.1% in February, year-on-year. Trade balance has been fixed at almost zero value, and in the period December 2016 - February 2017 amounted -0.6 billion SEK.
At this moment the most optimal can be the deals on the trend, which in the medium term can generate some profit. We can expect  achieving the level 9.05. Oscillator MACD also show potential to growth. Though probability of a price correction remains high, but opening the short deals, seems less promising at the moment. 

Read more at https://superforex.com/analytics

[Super Forex]

Don't miss your chance to get $300 from SuperForex!  

There are millions of people who dream about winning the lottery, especially when there is such a big prize at stake - we give you a chance to try your luck!
       SuperForex holds a raffle for the prize of $300 every 2 months. The SuperForex Bonus Prize can be used to operate with a larger trading volume, which could earn you much more profit.
        All that is required for participation in the lottery is a verified account and a balance of $50 for the entire period of the Lottery. Also, you need to confirm your participation by clicking the ""Get a lottery ticket"" button in the Client's Cabinet.
You can spin wheel of fortune  in your clients cabinet https://my.superforex.com/login-client

 

[Super Forex]

The GBPCAD in Crossroads & H4 Chart

 When you take a look at daily chart for the GBPCAD currency pair, you will see that we have the last 3 candles are bearish candles which led the pair to 1.6513 the lowest level  in two weeks after it recorded the highest  1.6798 in this month and for minutes ago the CPI released from the UK and came as the previous one at 2.3% and better than the forecasting figure at 2.2%, after this news the GBPCAD  rose more than 55 pips to trade now around 1.6560.

The pair is trading inside a wedge since last November and I think it's the time for the breaking, when we look at the pair on smaller time frame like H4 we see the pair touched the lowest level  and we can't predict now it will break it or will back to rise again, the Stochastic indicator is in oversold levels it means we can buy the pair from here.

The Next Few Days 

From this analysis on daily and h4 chart we have to wait for a bullish candle on H4 chart and buy the pair and place our take profit at 1.6650 at the resistance level and around the SMA and the next target at 1.6760, but if the pair didn’t form a bullish candle and broke the wedge down we can sell it and keep our target at 1.6300.
We have to be careful in the upcoming days regarding hot news like the overnight rate and monetary policy from Canada in addition to BOC press conference.

[Super Forex]

Have you ever dreamed about your own website for earning money? Now you can get it as a SuperForex partner.  

SuperForex took into consideration the fact that not everyone owns a website. This is why we have prepared a ready-to-use partner website for partners like you. It has everything you need as a start plus sections you can freely modify by placing your own content. The ready website is particularly useful because the resources appearing on it will contain your affiliate code, recording all of your referrals. You can choose your affiliate site from a number of options that our design team has prepared. 
You can find more info via this link https://superforex.com/superforex-ready-website

 

[Super Forex]

You can start trading Forex without any funds with our No Deposit Bonus  

Getting started with Forex trading can seem like an overwhelming experience - it doesn’t have to be!

Trading can be simple and easy with SuperForex. Now you don’t even need to risk your own capital in order to begin trading. Our No Deposit Bonus is here to help with that.

The No Deposit Bonus is a unique one-time offer that you can apply for. If you meet the necessary requirements stated in the bonus Terms and Agreement, you will get $25 to trade with - and you don’t need to deposit even a cent! 

Note that the bonus money can be spent to open deals but can’t be withdrawn. However, the profit that you earn from trading is rightfully yours and you’re welcome to withdraw it.
You can find more info via this link https://www.superforex.com/no-deposit-bonus

[Super Forex]

 AUD/CAD: review and forecast  

The upward trend of the  AUDCAD chart, which steadily continued amid decreasing of oil prices and other factors, is in the risk to be completed. Rising of oil prices and strengthening the USD allowed the canadian currency to strengthened amid disappointing statistics on the economy of Australia. The support line has been broken and greatly displaced down. So, now we can see that the downtrend is formed, though it's early to talk that current upward trend is over. It can be restored next week. Australian currency may take again the initiative, considering that in the near future, the market is not expected any important data on the canadian economy.
At the same time, next week, we expect important information from China and New Zealand, which may impact the value of the Australian currency, as Australia is a leading trade partner of these two countries. Yesterday, the AUD has increased significantly during 1 day - with 0,997 - up to 1,008 CAD thanks to latest information about economy of China, where in March, exports grew 16.4% year-on-year, and imports by 20%. In particular, imports from Australia grew by 74.8%. Also, positively impacted the strengthening of the Australian dollar, strong statistics on a labour market - recent report of the Australian Bureau of statistics show "the employment change" indicator was 60.9 K, against predicted 3 times less 20.
Today, we can't expect some volatility on the market because of Easter's holiday in Australia and Canada. So the the rates of the AUD/CAD probably will come to consolidation phase, but in Monday trading will be more active and probability of a price correction will increase. Oscillators give mixed signals, but in the current situation, low volatility in the market, we can pay attention to the entry points 1,0072 and 1,0085. At the moment, upon medium-term trading, we'd  recommend to open the deals to SELL, trusting the Stochastics oscillator.

Read more at https://superforex.com/analytics

[Super Forex]

The EUR/JPY Review & Forecasting Uptrend  

Since March 13 the EURJPY currency pair has changed the direction and became strongly down and it declined since this day till yesterday around 790 pips, so large number or big loss for the pair, but after yesterday close I think the pair finished the bleeding journey and will start rising now, so if you want to make money read all this report till the end.
Firstly, we have so strong support area and the prices gave us the buy signal let's take a look at the chart:

    1. The rising wave after the Brexit on June 24 till the top on Dec 15, the pair has reached to 61.8%, and it's the golden correction percentage and expected the pair will rise from there.
the smaller rising wave from Feb 27 till March 13, the pair has reached to 161.8, the golden extension percentage.

    2. The rising trend line from July 6 which the prices touched it 4 times before and rose, the prices have touched again this week and expected to rise again.

    3. On the daily chart, yesterday candle is bullish engulfing candle which refers to the uptrend.

The Next Few Days 

From this analysis on daily we can buy the pair now at 115.95 and keep our first target at 118.20 and the second one at 120.10 especially after we saw the RSI indicator give buy signal and rose to 37 level.
This week we don't have any hot news from the European Union or even from Japan but be careful from any unusual news can change the market direction.

Read More at https://superforex.com/analytics

[Super Forex]

Earn more with the 120% Hot Bonus by SuperForex! 

If you are an active trader on Forex and you are looking for additional sources of income, this offer will be right you. SuperForex has developed a unique offer for its customers. Every time you fund your trading account, you get the incredible opportunity to receive 120% bonus funds in your trading account.
In order to activate this bonus you just need to register a real trading account, then apply for the bonus and make a deposit.
For more details click here https://superforex.com/id/hot-bonus

[Super Forex]

Get a 1000% bonus at your account  
SuperForex invented a bonus that allows each trader to begin trading with a higher amount of funds. Now you can get 1000% of the amount of your deposit! This means that if you make a deposit of just $10, you will get a full $100 as a bonus, allowing you to trade much more at a very low cost. Once the bonus is credited, your deposit will be counted together with it as bonus funds.
Learn more via this link https://superforex.com/easy-deposit-bonus

[Super Forex]

NZD/JPY: short market review and forecast

The NZD/JPY rates is in the frames of rapid downward trend. However, the new Zealand dollar had stopped falling and consolidated in the range 76,0 - 76,76 JPY. Yesterday it's been received important statistics related with 2 currencies. Economic statistics from New Zealand, positively impacted the NZD. The consumer price index grew in 2.2% year on year, exceeding forecasts. It is also the highest annual growth rate since 2011. For the 1st quarter of the year the index grew in 1%, slightly exceeding forecasted 0.8% level. At the moment, that was enough to stabilize the exchange rate of the NZD. In a week, the market expects new data about trade balance of New Zealand that may affect the value of the NZD.
On the other hand, the trade balance of Japan, already known, and taking into account seasonal fluctuations, amounted to only 0.17 T, although it was expected that this indicator will be 3 times more, and will be at 0.61. That's disappointed investors, although overall the economy of Japan is at good level. Volume of exports and imports grew, and exceeded predicted forecasted values. This also becomes the main growth factor of the Japanese economy in the future. Investors expect growth by 1% in 2017.
At this moment, the oscillators MACD, Stochastics, the RSI are neutral. It should be noted that since April 10, we can see formation of the flat  trend, thought at the moment, it is early to say about ending of the downtrend. There're no enough preconditions for that. You should pay attention to the points of entry 76.75 and 76.2 JPY. At the moment, upon medium-term trading, it is recommended to open the short deals on the trend.

Read more at https://superforex.com/analytics

 

[Super Forex]

Profi-STP Account

SuperForex has launched a special type of account for those who really want to tap into the full potential of Forex. This type of account is well-known to professional traders as STP-account.
The main advantage of this account type is that your trading operations go directly to a liquidity provider by using an FX Bridge that allows you to get more comfortable and better conditions for trading.

Important conditions and advantages of the Profi-STP account:

• Minimum deposit: $20 000 (or its equivalent in EUR)
• Leverage from 1:1 to 1:200
• All trading instruments available
• Minimum trading lot: 0.2, with a step 0.1 lot
• Stop out/margin call: 20%/50%
• Variable spreads, from 20% on basic pairs
• Unlimited trading using Expert Advisors
  

Please note that this account is not compatible with our Bonus program, i.e. you cannot apply for bonuses with this kind of account.

Learn more at https://superforex.com/profi-stp-accounts

[Super Forex]

 CAD/JPY: fundamental review and forecast  

While the Euro has strengthened sharply against the Japanese yen, showing a giant price hike from 116.8 JPY up to 121 JPY based on results of the 1st round of elections in France, while the yen is losing positions against most currencies because it is under the pressure, mainly due to the tense situation on the Korean Peninsula, the canadian dollar failed to take the initiative and the rates CAD/JPY continues in the frames of downward trend. Though it's strengthened a bit yesterday.
At the moment, the Canadian dollar is under the pressure of many factors, firstly because of the falling in oil prices. The price for black gold fell again, and fell below the psychological point in $ 50. Forecasts here aren't good for the CAD because the United States continues to increase oil production, and President D. Trump supporting it and trying to make conditions for energy companies easier for developing oil extraction on the continental territory in the U.S. and on the shelf. Also, the canadian dollar decreasing in value because D. Trump continues to demand revision of trade relations with its neighbors and contradictions between Canada and the United States becomes more and more serious.  
This week is full of important events, and the market will get a lot of macroeconomic statistics, which will affect the rates of CAD/JPY. Today, the market awaits important information about the volume of retail sales in Canada, conference of the President of the United States. Also, tomorrow we'll get the Report of the Bank of Japan about perspectives for Japanese economy, and on Friday we expect data about Canada's GDP, consumer price indices and volume of production in Japan. Therefore, this week, volatility may increase. Probably we can expect for further strengthening of JPY in the frames of current downtrend. The oscillators Stochastics and MACD unanimously indicate the good moment to open the deals to SELL, after the price correction, which occurred yesterday.

Read more reviews  at https://superforex.com/analytics

 

[Super Forex]

SuperForex Mobile Applications  

SuperForex recognizes that in order to be truly successful, sometimes you need to make close calls and think on your feet when you trade. In order to do this, you need to be able to find Forex-related information quickly and make lightning-fast trading decisions. What better way to achieve this than having a set of reliable tools for mobile trading? Now we offer a set of free mobile apps prepared exclusively for SuperForex customers that will allow you to take care of everything from your smartphone or tablet. 

You can download it via this link https://superforex.com/forex-mobile-app

[Super Forex]

SuperForex Trading Seminar in Selangor  

On April 22, 2017 SuperForex held a special workshop dedicated to helping our traders from Selangor learn more about how to be successful on the Forex market.

This workshop was put together by Mr. Dan Imran, a Forex analyst and official SuperForex representative for the region. Imran is also known as the founder of Sky Nova Ventures, a project that provides training and education for Forex traders and partners in Indonesia. 

The event was structured around a diverse field of ideas designed to improve the Forex knowledge of traders and lead them toward developing successful strategies for making a profit with SuperForex. 

This type of gathering, which SuperForex is very interested in conducting regularly, is open to both professional and inexperienced traders alike. In our Selangor gathering there was something useful for everyone. At the event we discussed the most popular trading tools and strategies. We also talked about how to use and benefit from the Local Depositor and SuperForex Money services we offer.

Vladimir Syrov, CEO of SuperForex, took part in the event by answering all questions that our customers had in mind. Furthermore, he led a discussion on How to Be a Successful Trader with SuperForex.

Thank you to everyone who joined us for the event, we hope you learned a lot of useful tips!

Important: Our next such gathering will be held between 9:30 am and 5 pm on May 13 (Saturday) in the Sky Nova Training Center, Bandar Puncak Alam, Selangor. Sign up here:
Email: [email protected]
Whatsapp/Phone: +6016-6344660
Telegram: @DanImran

Want to organize a similar event in your region? Please contact our Partnership Department with any questions and suggestions.

Here is our little photo report: 

Edited April 28, 2017 by Super Forex

[Super Forex]

OIL (CL/WTI): middle term review and forecast 

Oil prices continue weakening but the rates are still in the frames of upward trend which began over a year ago. However, the trend is near the completion, and now on the daily chart, you can see signs of the flat trend formation, as the prices from November 2016, keep in the range of 47 - $ 54 per barrel. Support and resistance lines hadn't been broken for all the time. Uncreasing of the drilling rigs in the United States, 15 consecutive week, continue to adversely affect the price of oil. The price of oil reached a minimum level, which for 6 months has been  achieved only 2 times.

On the market we can see uncertain situation: on the one hand, OPEC countries are going to continue the agreement “On the reduction of oil production”, and investors believe that it will be done at the next meeting, may 25. On the other hand, the USA abolishes all these efforts with  their growth of oil production. Increasing of oil demand will unlikely resolve the issue with the overabundance of oil on the market. Amid this, long-term forecasts of some analysts, in particular experts from Citigroup (NYCE:C) about further increasing the price of oil to $ 65 in the second half of the year, does not seem probable cause oil prices are constantly under the pressure from a number of factors. This week it was the recovery of oil production in Libya, the recession of business activity in China and  mentioned before, constant increasing in drilling rigs in the United States. Factors that could unambiguously support the price of oil are not enough, but the situation may change at the end of the month on the results of the OPEC meeting.

At this moment, the entry point to the market we can call the levels of 47.4 and 48.2. The most optimal for the moment we can determine the deals to BUY which can be effective to get the profit on the price correction. MACD, RSI, oscillators partially confirm this. It is most likely that after reaching a new minimum level, the price will move up. Soon investors will focus on  the next OPEC meeting, and news from countries-participants of the Agreement “On the reduction of oil production”. It can slightly enhance the price of black gold in the short term.

[Super Forex]

SuperForex IB Training Seminar in Jakarta  

SuperForex recently organized a special training event for our Introducing Broker partners in Jakarta.

The main goal of these SuperForex seminars for Introducing Brokers is to show how easy  trading on the Forex market can be with the proper training, as well as how to attract new customers and get more profit from their trades. 

The SuperForex training seminars are designed to be helpful to Introducing Brokers from all levels of proficiency - not only experienced ones, but also beginners. At this particular event we met a lot of Forex newcomers who were also able to gain useful insights. The main topics covered during the seminar dealt with different strategies for building a successful business by using our Local Deposit Facility and marketing approaches that utilize our wide range of promo materials. In addition, the participants in our seminars asked a lot about our SuperForex Money offer and the company support available for offline marketing promotions. 

The CEO of SuperForex was present to shed light on all of these questions; he also gave a motivational talk on How to Be a Successful IB with SuperForex.

We would like to express our thanks to all participants. We would be glad to see you again on our next events in Indonesia and Malaysia. 

Subscribe to our social media channels and keep up with the latest news! Please do not hesitate to contact our Partnership Department if you have any questions about organizing a similar event in your region.

[Super Forex]

USD/SEK – review and short term forecast.  

USD/SEK  becomes one of the most underrated currency pairs on the market, considering very high volatility and predictability. It helps to see how the results of the Presidential elections in France affected the rates. Of course, the main reason for the strengthening of the Swedish Krona, which strengthened against the dollar, was the strengthening of the Euro. Question of the victory of E. Makron is a question of the EU future. Sweden is highly depending on the EU. That's why it happened but the giant price hike from 9.02, to 8.7 SEK surpassed all expectations from the predictable outcome of these elections. Traders who are focused on currency pairs related with Euro - EUR/USD, EUR/JPY, EUR/GBP and others, missed a great opportunity to earn on USD/SEK.
At the moment, the rates consolidated at the level of 8.83 - 8.84 SEK for $ 1. The market is waiting for the unemployment report in the United States. Also, in the evening, we expect the speech of the FED Chairperson Yellen and FOMC members. It can affect the rates and strengthen the dollar. But recently received information about Swedish economy, in particular, increase of the volume of industrial production in 3.8% year on year, the increase in orders for the industry, achieving one of the highest levels over the past 10 years, will not allow the Swedish krona to lose a lot in price. Though the main event is the 2nd round of the French elections, where the victory of E. Makron is obvious for investors. It definitely will lead to further strengthening of the EUR and SEK.
At the moment the rates of the USD/SEK are in the frames of the flat trend but high volatility, which can be seen on the chart since the beginning of this year, makes this trend special: the rates are in a very wide range from 9.07 - up to 8.76 SEK. The most clear the trend  can be seen only on the hourly and daily chart. Points of entry can be considered on the levels 8.817 and 8.855. Oscillator MACD is neutral while the Stochastic is showing a signal to open the short deals, which is absolutely right decision upon medium-term trade, considering possible impact of the upcoming elections in France, on the rates of USD/SEK. Upon short-term trading, you can open the deals to BUY, though volatility won't be high today. 

read more reviews at https://superforex.com/analytics

 

[Super Forex]

NZD/USD: fundamental review and forecast  

Situation for the NZD has not changed yet. the rates continue to be in the frames of the downward trend, though it lost its intensity. The dollar continues to strengthen against the NZD, although we can not say that the New Zealand economy is in a bad state. Despite the rising inflation, the country's economy gradually develops and demonstrates growth. However, it does not allow the New Zealand currency to hold against the strong U.S. dollar.

Last week, the dollar strengthened amid the positive statistics  about unemployment and the results of the FED meeting, which decided to leave interest rate unchanged, but considering sure growth of the US economy, reducing in unemployment, they plan to do it in June if nothing changes. Therefore, the probability of a rate hike is rated as very high.

At the moment, the rates of the NZD/USD stabilized in the range of 0.688 - 0,694 USD. We can also say that these levels are also good entry points to the market. Until the next day, volatility will be low because investors are waiting for the meeting of the Federal Reserve Bank of New Zealand (RBNZ) and their decision to change the rate. Now it's 1.75%. Investors don't expect for the rate changes just because the RBNZ in March, said that they don't not plan to change the rate until the 2019. Though continued weakening of the NZD can make them to change their decision because the rate increase would strengthen the NZD. 

Oscillators are neutral for the moment and in this situation, the best solution is to open the deals on the trend. We can say that also, considering that there're no any real reasons for the trend change and strengthening of the NZD in the near future. Therefore, the deals to SELL can be the most effective now, upon the short and medium-term trading. 

Read more at https://superforex.com/analytics

[Super Forex]

Seminar for traders in Selangor!  

You are cordially invited to attend a free event organized by our Introducing Broker in Selangor, Mr. Dan Imran. The event will take place on Saturday, May 13 from 09:30 until 17:00 at the following address:
Sky Nova Ventures Training Centre
No 13, Jln PPAJ 2/7,
Pusat Perdagangan Alam Jaya,
Bandar Puncak Alam, Selangor
The event will be led by analyst and certified Forex trainer Dan Imran. He is the founder of Sky Nova Ventures, a company that he would like to develop as a training hub for traders. Imran has been active on the Forex market since 2007. He can relate from personal experience to how difficult it might be for beginners to find the right approach to trading. Learning from his own mistakes and gradually expanding his methods of analysis, Imran experimented with new techniques and tested them in his trading.
Through trial and error he was finally able to devise a strategy for success - and now he is willing to share it with you! Join us for this seminar and learn the ins and outs of Forex trading.
Here is the program for the seminar: 
9:30 am - 10.00 am - Registration
10.00 am - 12.30 pm - Module 1 (by Ali)
12.30 pm - 2.00 pm - Lunch break/prayer
2.00 pm - 3.00 pm - Module 1 continued (by Ali)
3.00 pm - 4.30 pm - Module 2 (by Dan Imran)
4.30 pm - 5.00 pm - Closing ceremony
Module 1 will cover basic introductory topics such as: 
1. What is forex?
2. Forex Platform
3. Forex Order Type
4. Risk Management
5. Forex Psychology
Module 2 covers more advanced issues: 
1. Analysis using Support & Resistance
2. Analysis using QM level
3. Analysis of buy and sell zones
This seminar is absolutely free of charge. All you need to do is reserve a spot and come to gain invaluable knowledge of the Forex market, as well as a free SuperForex t-shirt.
You can reserve a place by getting in touch with Mr. Imran:
Email: [email protected]
Whatsapp/Phone: +6016-6344660
Telegram: @DanImran
Come and join us for a productive day and finally discover the perfect trading strategy to bring you success!

[Super Forex]

AUD/CAD: review and forecast 

The rates of the AUD/CAD continues in the frames of the upward trend. The canadian dollar remains under the pressure of low oil prices. Volatility for this currency pair remains very high. So, in early may, disappointing statistics about economy of Australia and China, have led to significant falling of the AUD value. During 1 day it has been lost 2 CAD cents. It was influence of the data about the trade balance of Australia. Investors expected the growth of the surplus to 3.4 billion while it was just 3.1 billion; also disappointed the value of the  business activity index in the services sector in China.
By the end of next week, the volatility in the market can be decreased. The market don't expect any important data until next Friday. Then, the market will receive information about retail sales and consumer prices in Canada, for April. A day earlier, also expect information on employment in Australia in April. It should also be noted that this month will be the summit of the OPEC and volatility will be gradually increasing together with the oil prices. So it can strengthen the CAD because it is expected that on the upcoming summit countries-exporters will extend the agreement about Reduction of the oil  extraction. Therefore, oil prices will rise for some time, but countries which didn't join the agreement, mainly the US, unlikely will let oil to rise significantly in price for a long period because if prices increase the USA increasing the volume of oil production, adversely affecting the market.
Oscillators are neutral at the moment, but considering perspectives of oil prices growth in the near future, and consequently the strengthening of the Canadian dollar, the optimal solution now is to open the deals to SELL upon medium term trading. Upon the short-term trading, it is also possible to open the deals on the trend.

Read more analytic reviews at https://superforex.com/analytics

[Super Forex]

SuperForex Trading Advantages:

• Trading instruments - we offer more than 300 currency pairs, 34 contracts of difference (CFDs), futures, and indices.
• We use MetaTrader 4 - an award-winning platform that is the most popular choice among professional traders.
• Opening an account is easy: minimum deposits start from just $1!
• Leverage up to 1:1000 for your multiple increased profit.
• SuperForex also provides customers with analytics - news, trends, quotes, analyses and other types of information that can aid in trading.
• Fixed spreads on all accounts.
• Free access to Pattern Graphix - a plugin that will provide expert guidance in your trading, making it easier than ever.
  

For more details visit https://superforex.com/

[Super Forex]

Forex Distance Educational course! 
To help you become better acquainted with Forex trading SuperForex has prepared a special Distance Education Course for you. Over the span of these lectures you would be able to learn key concepts about Forex trading such as pricing and reading quotations, the elements of technical analysis, pattern recognition and interpretation, reading different types of charts, and many more trading essentials. You would be provided with visual and quantitative examples to enhance your learning process. Each lecture also contains a set of sample questions to test your knowledge after completing the reading.
The Distance Education Course is entirely free of charge for SuperForex customers!
Now it's available on Indonesian Bahasa! 
Read more at https://education.superforex.com

 

[Super Forex]

EUR/SGD: review and forecast 

Strengthening of the Euro, which began since the 1st round of elections in France, continues now. Political risks for the EU has been decreased and future of the EU does not cause serious doubts among investors anymore. Good economic indicators in the Eurozone, allow the Euro to grow, against most of currencies including the SGD. So we can see that on the chart of the EUR/SGD was formed by the rapid upward trend which may continue in the future. The value of the Euro reached the price 1.5455 SGD which is the highest level for the last 12 months.This week, the Euro also strengthened significantly against the USD, reaching the highest for the 6 months level.

Obtained data on GDP matched with expectations of investors, as well as recently received data about the consumer price index, so they continue to invest in Euro. At the same time, the Singapore dollar is losing value and can't find an incentive to strengthen. Received today data about Domestic Exports of Non Oil (NODX) in Singapore decreased to - 0.7 % yoy while investors were expecting for 12.4% growth considering that last month  NODX volumes increased up to 16.5% yoy  It should be noted that fall of exports, has been fixed for the first time in 6 months, so the market took it negatively.
New upward trend will probably continue, but in the near future we can expect for price correction. Oscillators MACD, Stochastics, RSI, unanimously indicate a good moment to open the short deals against the trend. Though upon medium-term trading it is better to open the deals on the trend. 

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