Julia NordFX Posted May 19, 2015 Report Share Posted May 19, 2015 19.05.2015 08:20 GMT EUR/USD Reached 1.12 Rate Yesterday world financial markets closed mixed. In Europe as such, the British FTSE 100 grew 0.12 percent to 6,968.87 points, the German DAX advanced 1.29 percent up to 11,594.28 points, and the French CAC 40 gained 0.37 percent up to 5,012.31 points. On the Russian floors, the MICEX index fell 0.76 percent to 1,678.55 points whereas the RTS index posted a slight rise of 0.07 percent making 1,075.47 points. In the USA, the Dow Jones grew 0.14 percent to 18,298.88 points, the S&P 500 added 0.3 percent reaching 2,129.20 points, and the NASDAQ picked up 0.6 percent getting to 5,078.44 points. On the NYMEX, the cost of June futures for WTI oil went down by $0.26 and made $59.43 a barrel. On London’s ICE, the price of Brent oil futures for June was down by $0.54 and reached $66.27 a barrel. Yesterday on the Forex market, EUR/USD started to pull back from the daily MA and reached 1.12 today. Anna Gorenkova NordFX Analyst Quote A good place to start from is where you are. Murphy's Law Link to comment Share on other sites More sharing options...
tavaNordFX Posted May 20, 2015 Report Share Posted May 20, 2015 NordFX has several advantages that make trading in financial markets more secure, convenient, effective and easy to learn. One of the critical factors of success of your trading in the FOREX market is by choosing companies NordFX as your Broker. Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted May 21, 2015 Report Share Posted May 21, 2015 NordFX has integrated a new payment system – FasaPay ( deposit in Indonesian rupees (IDR)). How does it work? • Open a FasaPay account • Make a deposit into your FasaPay account • Fund your trading account via FasaPay in the NordFX Trader’s Cabinet NordFX regularly introduces new products and payment systems taking into consideration opinions and needs of traders from various countries. The integration of FasaPay makes funds deposits and withdrawals handier, especially for Indonesian customers. We trust that with FasaPay your work with NordFX trading accounts will become even more convenient and effective. Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted May 22, 2015 Report Share Posted May 22, 2015 “DemoCup” Contes at NordFX - Prize Real Money Results Stage 5 Demo Contest NordFX in 1 2015 : http://i230.photobucket.com/albums/ee252/saniku123/stage5_zpsgbxxnqfj.png Registration for next stage (Stage 6) have been opened : Start: 01.06.2015 00:00 (server time) Finish: 12.06.2015 22:00 (server time) Free to participate in the contest. More Info : DEMOCUP NordFX Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted May 22, 2015 Report Share Posted May 22, 2015 NordFX provided Credit leverage up to 1:1000 allows you to get a larger trading capital, even with a small deposit, and thus increase your potential profits. In Accounts 1:1000 you’ll find advantageous trading conditions in Account 1:1000 NordFX - New Open an Account !!! Quote Link to comment Share on other sites More sharing options...
Julia NordFX Posted May 24, 2015 Report Share Posted May 24, 2015 Generalized Forex Forecast for 25-29 May 2015 First, a few words about the forecast for the past week. We then regarded with suspicion the analysts’ opinions that unanimously predicted growth for all four pairs, and our doubts were justified: - taking into account graphical analysis and an almost complete Inverted Hat pattern, it was suggested that on drawing the second brim of the hat, EUR/USD would sharply go downwards to 1.1070, which happened in fact; - the forecast for GBP/USD was also fulfilled 100%. The pair predictably bounced off the upper boundary of the corridor and finished near the corridor’s lowest mark – 1.5500; - over the last few months it was often said that USD/JPY would try to reach the height of 122.00. However, all that time the pair couldn’t pass the level of 120.50. Finally, the long awaited breakthrough happened, and the pair almost reached the coveted peak, finishing the week at 121.55; - considering USD/CHF movements, we predicted a rise to at least 0.9290-0.9380. The pair quickly completed the set task and between Tuesday and Friday it remained in this corridor. Only at the end of the week did the pair move further up, taking after the US Consumer Price Index. *** Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be said: - it very well may be that EUR/USD’s story with the second brim of the Inverted Hat isn’t over yet. Judging by the experts’ opinions (↑ – 42%, → – 6%, ↓ – 52%), it can’t be ruled out that the pair will go up, although almost all the indicators point towards its fall (↑– 9%, → – 9%, ↓ – 82%). The level of 1.1000 may become a very strong support for the pair, from which it will move upwards. If the pair manages to overcome the resistance around 1.1110, it will enter into a sideways trend of 1.1110-1.1400 and continue to draw the hat pattern. On the other hand, if the indicators are right and EUR/USD, having broken through the support at 1.1000, goes down, it may reach the zone of 1.0660-1.0800; - GBP/USD also appears to have reached a strong support level of 1.5500. The analysts each have their own opinion (↑ – 38%, → – 32%, ↓ – 30%), so do the indicators – on the H4 timeframe the consensus is for a downward movement, on D1 – for a rise. Thus, we’ll venture to suggest that in the next few days the pair will be fluctuating in the 1.5500-1.5800 range; - the opinions of the experts also diverge regarding the future of the USD/JPY pair (↑ – 38%, → – 12%, ↓ – 50%). The indicators, however, are clearly on the side of the bulls (↑ – 91%, → – 9%, ↓ – 0%), which most probably will rely on the support of 120.70 and push the pair up to 122.00. The second strong support level will be 120.20; - a strong inverse correlation between USD/CHF and EUR/USD has been mentioned repeatedly in the forecasts, which is why there are two possible scenarios for USD/CHF: the first is a rise to a very strong resistance level of 0.9500 followed by a rebound downwards; the second is a fall starting already on Monday. In this case, support will be at the levels of 0.9370 (weak) and 0.9300 (main). Roman Butko, NordFX Quote A good place to start from is where you are. Murphy's Law Link to comment Share on other sites More sharing options...
tavaNordFX Posted May 25, 2015 Report Share Posted May 25, 2015 Analysis of NordFX is very good information and interesting with very accurate results because it was based decision making from a variety of sources and in a professional manner. Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted May 26, 2015 Report Share Posted May 26, 2015 NordFX - Best Trading Condition, Fast Server, Fast Deposit/Withdrawal, Fast Execution. No Limit : - Accept all electronic Advisors. - Accept Any Trading Strategy, Include Scalping and News Trading. Direct Access to ECN : - Best Spread - Low Commission - Fast Execution - Professional Terminals - Qualified Support Advanced Trading Technologies : - MetaTrader 5 - MetaTrader 4 - MetaTrader Mobile - MetaTrader MultiTerminal - MetaTrader for iPhone/Android - Integral NFX Trades As fast As possible : - Order Execution less then 1 Second Open Your Account! Quote Link to comment Share on other sites More sharing options...
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tavaNordFX Posted May 28, 2015 Report Share Posted May 28, 2015 Your Broker prohibit your profits ??? Your Broker bother your Trading ??? Prove all this condition that will not happen in NordFX. All trading techniques allowed without limited and your profits are your rights can be withdrawn at any time without restriction. http://i230.photobucket.com/albums/ee252/saniku123/tpfom_zps9837ffef.jpg Prove now ....... by Join NordFX Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted May 29, 2015 Report Share Posted May 29, 2015 NordFX currently have a promotion : “Demo Cup” competition every 2 weeks. Join “DemoCup” at NordFX - Prize Real Money Participation is free of charge. Real prize money! 10 prize places! And 10 consolation prizes. DEMOCUP NordFX Bonus on Deposit - Up to 25% of Deposit! Open a Trading Account and Get a Bonus 25% after account registration and verification. To receive a bonus, you need to make a deposit : Deposit: $100 Bonus: $25 Lots: 3 Deposit: $500 Bonus: $100 Lots: 10 Deposit: $1,000 Bonus: $228 Lots: 25 Deposit: $5,000 Bonus: $1,180 Lots: 120 Deposit: $10,000 Bonus: $2,380 Lots: 240 Deposit Bonus NordFX Quote Link to comment Share on other sites More sharing options...
Julia NordFX Posted May 31, 2015 Report Share Posted May 31, 2015 Generalized Forex Forecast for 1-5 June 2015 Let us start with a review of the forecast for the previous week: - two scenarios were suggested for EUR/USD. One of them, supported by 52% of the analysts and 82% of the indicators, came true – the pair broke through the strong support at 1.1000, reached the zone of 1.0800 and, after a rebound, on Friday returned to where it had started – the level of 1.1000, which has now changed from support to resistance; - there was total discord regarding GBP/USD among both analysts and indicators last week. Yet this pair also behaved decisively by immediately breaking through the strongest support at 1.5500 and running stepwise to the level below – the next support around 1.5300; - the forecast for USD/JPY was fulfilled and even exceeded expectations. The pair was predicted to go up to 122.00 while it actually managed to rise above 124.00, reaching the high of July 2007; - the behavior of USD/CHF has become very predictable lately – a strong mirror correlation with EUR/USD. Something similar took place last week – USD/CHF was expected to rise to a very strong resistance level of 0.9500 followed by a rebound downwards, which did happen. Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be said: - the majority of experts (↑ – 69%, → – 12%, ↓ – 19%) predict a steady rise for the EUR/USD pair. The technical indicators on the H4 timeframe concur. Yet on D1 they show the opposite – a downward movement. Furthermore, the systems of graphical analysis clearly draw a rebound downwards from the strong level of resistance 1.1000 to at least last week’s support around 1.0800. In fact, this appears to be a most likely scenario; - there’s a real clash between the analysts and the indicators regarding the forecast for GBP/USD. Most of the former are for a rise (↑ – 61%, → – 15%, ↓ – 24%) whereas the latter predict a fall (↑ – 17%, → – 8%, ↓ – 75%). Considering that last week, contrary to the expectations, instead of rebounding off the support of 1.5500, GBP/USD broke through it, the pair can be expected to hold out in the range of 1.5250-1.5500 for at least a week this time. Already on Monday or Tuesday it should be clear whether the pair will take a timeout or continue its fall to 1.5000; - both experts (↑ – 57%, → – 14%, ↓ – 29%) and indicators (↑ – 78%, → – 18%, ↓ – 4%) foretell USD/JPY to rise further to the next symbolic high of 126.00, which the pair reached last all of 15 years ago. This historic charge may turn out not so easy to execute, and the pair may have to keep charging, pushing off the support in the area of 123.20-123.60; - yet again, there is nothing original for USD/CHF – an inverse correlation with EUR/USD and no independent escapades. The most probable scenario is a rebound from 0.9400 to 0.9540. Or alternatively, a fall to 0.9280. Roman Butko, NordFX Quote A good place to start from is where you are. Murphy's Law Link to comment Share on other sites More sharing options...
tavaNordFX Posted June 1, 2015 Report Share Posted June 1, 2015 Generalized Forex Forecast for 1-5 June 2015 Let us start with a review of the forecast for the previous week : two scenarios were suggested for EUR/USD. One of them, supported by 52% of the analysts and 82% of the indicators, came true – the pair broke through the strong support at 1.1000, reached the zone of 1.0800 and, after a rebound, on Friday returned to where it had started – the level of 1.1000, which has now changed from support to resistance; there was total discord regarding GBP/USD among both analysts and indicators last week. Yet this pair also behaved decisively by immediately breaking through the strongest support at 1.5500 and running stepwise to the level below – the next support around 1.5300; the forecast for USD/JPY was fulfilled and even exceeded expectations. The pair was predicted to go up to 122.00 while it actually managed to rise above 124.00, reaching the high of July 2007; the behavior of USD/CHF has become very predictable lately – a strong mirror correlation with EUR/USD. Something similar took place last week – USD/CHF was expected to rise to a very strong resistance level of 0.9500 followed by a rebound downwards, which did happen Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be said : the majority of experts (↑ – 69%, → – 12%, ↓ – 19%) predict a steady rise for the EUR/USD pair. The technical indicators on the H4 timeframe concur. Yet on D1 they show the opposite – a downward movement. Furthermore, the systems of graphical analysis clearly draw a rebound downwards from the strong level of resistance 1.1000 to at least last week’s support around 1.0800. In fact, this appears to be a most likely scenario; there’s a real clash between the analysts and the indicators regarding the forecast for GBP/USD. Most of the former are for a rise (↑ – 61%, → – 15%, ↓ – 24%) whereas the latter predict a fall (↑ – 17%, → – 8%, ↓ – 75%). Considering that last week, contrary to the expectations, instead of rebounding off the support of 1.5500, GBP/USD broke through it, the pair can be expected to hold out in the range of 1.5250-1.5500 for at least a week this time. Already on Monday or Tuesday it should be clear whether the pair will take a timeout or continue its fall to 1.5000; both experts (↑ – 57%, → – 14%, ↓ – 29%) and indicators (↑ – 78%, → – 18%, ↓ – 4%) foretell USD/JPY to rise further to the next symbolic high of 126.00, which the pair reached last all of 15 years ago. This historic charge may turn out not so easy to execute, and the pair may have to keep charging, pushing off the support in the area of 123.20-123.60; yet again, there is nothing original for USD/CHF – an inverse correlation with EUR/USD and no independent escapades. The most probable scenario is a rebound from 0.9400 to 0.9540. Or alternatively, a fall to 0.9280. Roman Butko, NordFX Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted June 3, 2015 Report Share Posted June 3, 2015 NordFX currently offer the most popular programs for Internet trading Platform in options - Trade Integral NFX, MetaTrader 5, MetaTrader 4 and MetaTrader 4 Mobile to help our clients to access their personal accounts and quotes from anywhere in the world. You do not need to come to our office and spend a lot of time to fill and send the document agreed to open an account with us. Fill out a short form on our site and your account will open in a few minutes. Fill Register Form Here! Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted June 4, 2015 Report Share Posted June 4, 2015 For smoothness and ease of customer deposit and withdrawal in NordFX, has been providing a variety of ways that is easy and safe to use. http://i230.photobucket.com/albums/ee252/saniku123/metode_zps588930cb.jpg One of the advantages of NordFX, Deposit by Credit Card (Visa / MasterCard) is Instant Deposit. Also No deposit fee imposed by NordFX, eg. deposit $ 100 then they entry in the account is $ 100 as well. I've proved many times the deposit by credit card, always processed Instant. Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted June 5, 2015 Report Share Posted June 5, 2015 Premium account NordFX The Company NordFX offers you an opportunity to get Premium status. Premium clients are provided with: Complimentary debit card for quick and convenient funds withdrawal; Decreased spreads for currency pairs; Individual service. To get Premium status you should open trading account with deposit more than 50000 USD. To receive more detailed information apply to the manager of the Premium program [email protected] Open Account Company NordFX offers various types of trading accounts suitable for beginner and professional trader, please select your account here. Quote Link to comment Share on other sites More sharing options...
Julia NordFX Posted June 7, 2015 Report Share Posted June 7, 2015 Generalized Forex Forecast for 8-12 June 2015 First, a review of last week’s forecast: - the majority of experts (↑ – 69%, → – 12%, ↓ – 19%) predicted a stable rise for EUR/US. The technical indicators on the H4 timeframe concurred. However, the systems of graphical analysis drew a downward rebound to the level of resistance at 1.1000. The rebound did happen, though not as strong as expected – the pair rolled down by 100 points and then, validating the experts’ opinion, moved upwards again reaching the strong resistance level of 1.1280-1.1300; - the forecast for the GBP/USD pair was fulfilled 100%. It was predicted that despite the obvious gravitation towards the 1.5000 mark, the pair would spend the whole week in a sideways trend, which happened. The pair ended up where it had started the week – around 1.5270; - the forecast for USD/JPY was also 100% accurate. It was expected that when assailing the height of 126.00, the pair would stage charge after charge, pushing off the support around 123.60. There were three such charges the previous week, and only on Friday did the pair break through the Japanese defence line at 124.60, almost reaching the target after a powerful surge; - nothing original was predicted for the USD/CHF pair – an inverse correlation with EUR/USD and two possible scenarios: the first being a rebound from 0.9400 upwards, the alternative being a fall to 0.9280. The pair managed to execute both scenarios, after which it returned to the start mark of 0.9400. Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be said: - an absolute majority of the experts and the indicators (61%) predict that EUR/USD will complete Friday’s correction and continue to move up to 1.1500. It should be noted, however, that the very same experts agree that in July-August the pair ought to move back down to at least 1.0400-1.0500. According to graphical analysis, on Monday the pair should grow to the level of 1.1190 and then dash downwards to 1.1000; - the clash between the analysts and the indicators regarding the future of GBP/USD continues. Most of the former (77%) are for the pair’s rise while the latter (100%) are for its fall. Considering that last week the pair was in a sideways trend, it can be assumed that this week the pair will be fluctuating around the axis of 1.5270, remaining in a 1.5150-1.5450 range. On a larger timeframe, the pair can be expected to return to the area of 1.5000; - last Friday, USD/JPY already arrived at the level of June 2007, and the next record high will be 135.00 where the pair was in the winter of 2002. However, for this purpose the pair must first take hold around 126.00. The technical indicators offer two possible Pivot Points – 124.30 and 125.40. It seems more probable that 124.30 will become a support level for USD/JPY, leaning on which the bulls will push the pair upwards to the area of 126.70-127.40; - 70% of the experts, 61% of the H4 indicators as well as the systems of graphical analysis predict that USD/CHF will rise to at least 0.9530. The main support level should be at 0.9340, to which the pair may descend at the start of the week in order to shoot upwards then. Roman Butko, NordFX Quote A good place to start from is where you are. Murphy's Law Link to comment Share on other sites More sharing options...
tavaNordFX Posted June 8, 2015 Report Share Posted June 8, 2015 Generalized Forex Forecast for 8-12 June 2015 First, a review of last week’s forecast : the majority of experts (↑ – 69%, → – 12%, ↓ – 19%) predicted a stable rise for EUR/USD. The technical indicators on the H4 timeframe concurred. However, the systems of graphical analysis drew a downward rebound to the level of resistance at 1.1000. The rebound did happen, though not as strong as expected – the pair rolled down by 100 points and then, validating the experts’ opinion, moved upwards again reaching the strong resistance level of 1.1280-1.1300; the forecast for the GBP/USD pair was fulfilled 100%. It was predicted that despite the obvious gravitation towards the 1.5000 mark, the pair would spend the whole week in a sideways trend, which happened. The pair ended up where it had started the week – around 1.5270; the forecast for USD/JPY was also 100% accurate. It was expected that when assailing the height of 126.00, the pair would stage charge after charge, pushing off the support around 123.60. There were three such charges the previous week, and only on Friday did the pair break through the Japanese defence line at 124.60, almost reaching the target after a powerful surge; nothing original was predicted for the USD/CHF pair – an inverse correlation with EUR/USD and two possible scenarios: the first being a rebound from 0.9400 upwards, the alternative being a fall to 0.9280. The pair managed to execute both scenarios, after which it returned to the start mark of 0.9400. Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be said : an absolute majority of the experts and the indicators (61%) predict that EUR/USD will complete Friday’s correction and continue to move up to 1.1500. It should be noted, however, that the very same experts agree that in July-August the pair ought to move back down to at least 1.0400-1.0500. According to graphical analysis, on Monday the pair should grow to the level of 1.1190 and then dash downwards to 1.1000; the clash between the analysts and the indicators regarding the future of GBP/USD continues. Most of the former (77%) are for the pair’s rise while the latter (100%) are for its fall. Considering that last week the pair was in a sideways trend, it can be assumed that this week the pair will be fluctuating around the axis of 1.5270, remaining in a 1.5150-1.5450 range. On a larger timeframe, the pair can be expected to return to the area of 1.5000; last Friday, USD/JPY already arrived at the level of June 2007, and the next record high will be 135.00 where the pair was in the winter of 2002. However, for this purpose the pair must first take hold around 126.00. The technical indicators offer two possible Pivot Points – 124.30 and 125.40. It seems more probable that 124.30 will become a support level for USD/JPY, leaning on which the bulls will push the pair upwards to the area of 126.70-127.40; 70% of the experts, 61% of the H4 indicators as well as the systems of graphical analysis predict that USD/CHF will rise to at least 0.9530. The main support level should be at 0.9340, to which the pair may descend at the start of the week in order to shoot upwards then. Roman Butko, NordFX Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted June 9, 2015 Report Share Posted June 9, 2015 NordFX having received multiple international awards as evidence and recognition of service excellence NordFX. Forex Awards Ratings: Best Micro Forex Broker 2014 Best Forex Broker, Russia 2014 China Forex Expo Awards: Best Micro Forex Broker 2014 Academy Masterforex-V: World Best Micro Forex Broker 2014 World Best Broker with Trading Signals Services 2014 World Best Forex Dealing Service 2014 We’re delighted to have won World Best Forex Dealing Service for the 4th time in a row. Many thanks to all traders and panel experts who hold NordFX in such high esteem! This recognition certainly empowers us and encourages to strive for new heights and constantly improve our services. More Infor visit NordFX Quote Link to comment Share on other sites More sharing options...
Julia NordFX Posted June 9, 2015 Report Share Posted June 9, 2015 Crownless Krone Currency Basket 2015-2016: How to Avoid Financial Setbacks Causes and Effects of Black Thursday Without question, the reliability of a currency concerns not only representatives of the IMF, central banks and other systemically important financial institutions but anyone deciding what country’s banknotes will at the very least safeguard their savings and ideally increase them. For the past five or six years, currency ratings have been topped mostly by the Norwegian krone and the Swiss franc rather than by the US dollar or the euro. Back in 2008, HSBC analysts declared the Norwegian krone the most stable currency in the world. The same was said about the Swiss franc by nearly all world leading experts. In 2011, the Swiss National Bank (SNB) reaffirmed its commitment to the minimum exchange rate of CHF 1.20 per euro and was prepared to buy foreign currency extensively in order to maintain it. Thus, taking into account the average interest rate Libor, the pair was supposed to be trading at 1.22-1.24 in the medium term. Rumor had it that the SNB might raise the EUR/CHF rate to 1.3-1.4 due to a sluggish economic situation in Switzerland. Over the recent years, the Swiss National Bank kept the established rate. On 12 January 2015, SNB vice president Jean-Pierre Danthine officially called the cap on the franc a cornerstone of the country’s monetary policy. But already on Thursday, 15 January, catching the majority of financial market players off guard, the SNB decided to abandon all the restrictions for the currency market. As a result, the franc soared up almost instantaneously, even up to 30 percent at a time, which hasn’t happened for the past 25 years. Who were the losers? In fact, there were many: ■ Firstly, it’s the SNB itself, whose assets were kept mainly in dollars and euros. As these currencies depreciated, the bank sustained a loss of about 60 billion. ■ Secondly, Switzerland’s economy was dealt quite a heavy blow. According to national stock market data, on Thursday, 15 January, the Swiss Market Index (SMI), comprising 20 largest companies, dropped 8.67 percent. One of the country’s main revenue items is exports. Swiss goods aren’t generally cheap, and if, for instance, Swiss chocolate becomes more expensive even by 15 percent, it will quickly start giving way to French and Belgian chocolate. The same applies to medicines and other export products. In Jean-Pierre Danthine’s words again, exporters may come short of 5 billion francs. On top of it, the share of tourism might contract whereas it currently stands at 7 percent of Switzerland’s GDP. ■ Thirdly, steep losses were sustained by those who had taken out Swiss franc loans as they got more expensive by 20 percent overnight. In France, for one, such contracts made 50 percent. Millions of private borrowers in other countries were affected by that turn of events – they considered the franc the most stable currency and thus believed that Swiss franc mortgages would be the most secure. ■ Deutsche Bank lost nearly €130 million due to the exchange rate, about the same as the US group Citibank in Europe and Barclays. John Gordon, a leading analyst with international brokerage NordFX comments, “The exchange rate plunged so swiftly that brokers simply couldn’t close positions fast enough and those who traded against the franc suffered huge losses. The consequences for the Forex market were very grave, and hundreds of thousands of people ********* said goodbye to their capitals.” The next logical questions are why all that happened and who benefitted from it? Some analysts tend to believe it was a plot by financiers (like what George Soros did with the British pound on Black Wednesday 1992). To prove it, they refer to a recoil 20 minutes after the fall of the dollar and euro rates – the profits gained by the initiators of the crash. They say that the initiators actually skimmed a 20 percent profit in just a few minutes! Despite the fact that such a recoil did happen, most international experts hold a different view of the event. According to Alessandro Bee, a strategist at J. Safra Sarasin AG in Zurich (one of the oldest banks in Switzerland), the Swiss National Bank didn’t see any future for the franc rate cap, considering the strong US dollar and quantitative easing ahead in the eurozone. Pick your reason (a possible Grexit, imminent ECB plans or the UK’s in-out EU referendum), the euro itself is facing a serious crisis and soon – so much so that, in Swiss bankers’ opinion, there’s just no time to contrive smart moves. Therefore, regardless of the losses, they decided to unpeg the franc from the euro. Otherwise, the sinking ‘euro Titanic’ would inevitably pull down the Swiss economy in its wake. Switzerland’s GDP certainly looks impressive with its $600 billion but, in comparison with the EU’s total GDP of 15,669 billion, it’s just too small to keep the euro afloat. “What occurred has once more proved that it’s hardly possible to find an absolutely quiet and all-around sheltered haven for one’s savings,” says John Gordon from NordFX. “For instance, see what happened to the exchange rates of two of the most stable currencies supposedly. On January 15th, the Norwegian krone fell against the Swiss franc by over 17 percent. Krone investors lost majorly. Recently, I’ve come to realize once again that only a multi-currency basket can provide real capital protection. As for its makeup for the upcoming year or two, I wouldn’t concentrate on Norway’s krone. It’s just too dependent on oil prices and has dropped against the US dollar by about 25 percent over the past year alone. So, despite the Black Thursday developments, I still wouldn’t get rid of euros but actually stick with the classic combination – euros, US dollars and Swiss francs. NordFX analysts believe that these three currencies aim at exchange rate parity around 1.0000, and the formation of such a congruent triangle should become the main trend for the next 6 months to a year. By the way, it’s not just our opinion but according NAB (National Australia Bank) forecasts, the EUR/USD exchange rate will reach 1.0000 already by this December and stay around it till at least the summer of 2016. Besides, SNB vice chairman Bruno Gehrig assured that the Swiss Central Bank would carry out large-scale interventions in order to curb growth of the domestic currency. To sum up, the tri-currency basket may not yield spectacular profits but, in any case, will help to prevent any tangible setbacks by acting like a gyroscope in a stable position regardless of the fluctuations on financial markets.” Quote A good place to start from is where you are. Murphy's Law Link to comment Share on other sites More sharing options...
tavaNordFX Posted June 10, 2015 Report Share Posted June 10, 2015 NordFX is regulated broker with very good service and stable server, Instant execution, Pending order always open without slippage during news, deposit by Online payment system are Instant, Deposit with Credit Card (Visa/Master Card) also process Instant. Withdrawal Less then 6 hours, average 2 hours. NordFX also allow all the techniques and strategies trading make the clients are free to conduct transactions to earn unlimited profit. Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted June 11, 2015 Report Share Posted June 11, 2015 NordFX is a licensed and regulated international broker. Trade in NordFX with fully satisfied quality services and server. http://i230.photobucket.com/albums/ee252/saniku123/nrdnew_zpsvn6zf56o.png Company registration: Nord Group Investments Inc., (reg.# 082831 C1/GBL), Mauritius Regulation: FSC of Mauritius (license No C108006311), IFSC Belize. Quote Link to comment Share on other sites More sharing options...
tavaNordFX Posted June 12, 2015 Report Share Posted June 12, 2015 NordFX is Best Broker with Fast Server, Fast Execution, Fast Deposit and Withdrawal. http://i230.photobucket.com/albums/ee252/saniku123/nord06_zpsdjeooiex.png Also provide you : QUALIFIED SUPPORT PROFESSIONAL TERMINALS FAST EXECUTION LOW COMMISSIONS SCALPER PARADISE BEST SPREADS Quote Link to comment Share on other sites More sharing options...
Julia NordFX Posted June 14, 2015 Report Share Posted June 14, 2015 Generalized Forex Forecast for 15-19 June 2015 First, a few words about the forecast for the past week: - most experts and technical indicators (61%) predicted that EUR/USD would rise further to 1.1500. The pair indeed went up, quickly reached a very strong level of resistance in the zone of 1.1280-1.1300 and then rolled back, repeating the scenario of the first week of June and finishing the five days at 1.1260; - last week saw a continued battle between the analysts and indicators regarding the future of GBP/USD. The former, for the most part (77%), were for the pair’s rise, the latter – for its fall. Looking at the chart, you can see how convincing the victory of the experts turned out to be – climbing up at an angle of 45 degrees, the pair reached the symbolic mark of 1.5550 by Friday; - USD/JPY apparently decided that it was ascending too fast and, instead of the expected continuation of growth, made a swift nosedive, turning the 123.80 support level into resistance; - USD/CHF was expected to fall to 0.9340 at the beginning of the week and then rebound upwards. The pair indeed went down but, dashingly breaking through the level of 0.9340, changed it from support to a Pivot Point under somewhat prevailing bearish tendencies. Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be concluded: - the majority of the experts (71%) predict that EUR/USD may fall to 1.1050, assuming the pair’s monthly sideways trend will be in a 1.1050-1.1350 corridor. The indicators on H4 and D1 also support the idea of a sideways trend with Pivot Points on the line of 1.1260. With this, they don’t rule out the pair may rise at the start of the week; - as for the future of GBP/USD, the analysts are at a total loss (↑ – 29%, → – 29%, ↓ – 42%). The indicators however are clearly (83%) for the pair’s rise to the level of 1.5680. Support is around 1.5440 – if you consider graphical analysis, the pair is bound to fall to this level first; - there’s no unanimity among the experts about USD/JPY either. The summary of their forecasts produces a 122.45-125.00 corridor with a Pivot Point at 123.50. On the D1 timeframe, the indicators totally agree with the analysts. As for the indications on H4, they show a possible fall to the bottom boundary of the corridor early in the week; - as for the USD/CHF pair, 67% of the experts predict its rise at least to the main level of resistance of the previous week around 0.9400. In case the pair manages to break through this defence line, its next target will become 0.9500. However, the indicators on H1, H4, D1 and even W1 persistently assert the opposite, giving a distinct advantage to the bears. Acting usually as a third force, graphical analysis has sided with the human mind this time – it shows the pair’s rise to 0.9400 first and then its return to support at 0.9300 or 0.9250. Roman Butko, NordFX Quote A good place to start from is where you are. Murphy's Law Link to comment Share on other sites More sharing options...
tavaNordFX Posted June 15, 2015 Report Share Posted June 15, 2015 Generalized Forex Forecast for 15-19 June 2015 First, a few words about the forecast for the past week: most experts and technical indicators (61%) predicted that EUR/USD would rise further to 1.1500. The pair indeed went up, quickly reached a very strong level of resistance in the zone of 1.1280-1.1300 and then rolled back, repeating the scenario of the first week of June and finishing the five days at 1.1260; last week saw a continued battle between the analysts and indicators regarding the future of GBP/USD. The former, for the most part (77%), were for the pair’s rise, the latter – for its fall. Looking at the chart, you can see how convincing the victory of the experts turned out to be – climbing up at an angle of 45 degrees, the pair reached the symbolic mark of 1.5550 by Friday; USD/JPY apparently decided that it was ascending too fast and, instead of the expected continuation of growth, made a swift nosedive, turning the 123.80 support level into resistance; USD/CHF was expected to fall to 0.9340 at the beginning of the week and then rebound upwards. The pair indeed went down but, dashingly breaking through the level of 0.9340, changed it from support to a Pivot Point under somewhat prevailing bearish tendencies. Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be concluded : the majority of the experts (71%) predict that EUR/USD may fall to 1.1050, assuming the pair’s monthly sideways trend will be in a 1.1050-1.1350 corridor. The indicators on H4 and D1 also support the idea of a sideways trend with Pivot Points on the line of 1.1260. With this, they don’t rule out the pair may rise at the start of the week; as for the future of GBP/USD, the analysts are at a total loss (↑ – 29%, → – 29%, ↓ – 42%). The indicators however are clearly (83%) for the pair’s rise to the level of 1.5680. Support is around 1.5440 – if you consider graphical analysis, the pair is bound to fall to this level first; there’s no unanimity among the experts about USD/JPY either. The summary of their forecasts produces a 122.45-125.00 corridor with a Pivot Point at 123.50. On the D1 timeframe, the indicators totally agree with the analysts. As for the indications on H4, they show a possible fall to the bottom boundary of the corridor early in the week; as for the USD/CHF pair, 67% of the experts predict its rise at least to the main level of resistance of the previous week around 0.9400. In case the pair manages to break through this defence line, its next target will become 0.9500. However, the indicators on H1, H4, D1 and even W1 persistently assert the opposite, giving a distinct advantage to the bears. Acting usually as a third force, graphical analysis has sided with the human mind this time – it shows the pair’s rise to 0.9400 first and then its return to support at 0.9300 or 0.9250. Roman Butko, NordFX Quote Link to comment Share on other sites More sharing options...
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