OctaFX_Farid

EUR/USD jumps after US new home sales drop FXStreet (Córdoba) - The EUR/USD bounced off session lows and resumed the upside as the dollar weakened after US new home sales fell to an 8-month low in March. US new home sales dropped 14.5% last month, posting the biggest fall since July 2013. The EUR/USD received a lift and reached an hourly high of 1.3845 but lacked follow-through to retest highs at 1.3854. At the time of writing, the pair is trading at 1.3835, still up 0.22% on the day. EUR/USD technical outlook "The EUR/USD holds above former resistance of 1.3825 with the hourly chart showing indicators losing upward potential in positive territory, and price developing well above a bullish 20 SMA", said Valeria Bednarik, chief analyst at FXStreet. "Last week's high of 1.3860 comes as immediate resistance level, as only above it the pair will be able to extend further". Bednarik sees immediate resistance levels at 1.3860, 1.3890 and 1.3920, while the analyst locates supports at 1.3825, 1.3780 and 1.3750. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 23, 2014 OctaFX.Com News Updates

United States EIA Crude Oil Stocks change registered at 3.524M to beat expectations (2.6M) in April 18 Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 23, 2014 OctaFX.Com News Updates

USD/JPY remains bullish - UOB FXStreet (Barcelona) - The Market Strategy Team at UOB Group keeps the bullish stance for the USD/JPY. Key Quotes "Despite the lack of follow through, we continue to maintain a marginally bullish view for further USD strength towards 103.40. Expect any pullback to hold above the key support at 102.00" OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 23, 2014 OctaFX.Com News Updates

USD/JPY remains bullish - UOB FXStreet (Barcelona) - The Market Strategy Team at UOB Group keeps the bullish stance for the USD/JPY. Key Quotes "Despite the lack of follow through, we continue to maintain a marginally bullish view for further USD strength towards 103.40. Expect any pullback to hold above the key support at 102.00" OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 23, 2014 OctaFX.Com News Updates

Start your successful trading with OctaFX today! Trade Forex with OctaFx and get: upto 50% Bonus Free 8 USD No Deposit Bonus! Requote-free Trading 1000 USD Demo Champions Contest Road King contest chance to win "Porsche Panamera, Ipads, Mac, Iphones & more Daily reviews and trading ideas Deposit & Withdrawal Instant Convenient and easy deposit & withdrawal methods High Commission for IB's Partners Demo accounts Clients Funds Protection Lowest Spread Low as 0.2 Metatrader PC, IOS Mobile, Android, (News in your Metatrader 4 from OctaFX and FXstreet.com) Write a 1500 characters review. post on a Forex forum and "Join the Word It Out" Contest! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

USD/CAD soars to 2-week highs FXStreet (Córdoba) - The USD/CAD bounced to the upside from 1.1000, despite better-than-expected economic data from Canada and climbed to 1.1042, reaching the highest price since April 3. Currently trades at 1.1035/37, up 0.23% from today’s opening price. USD/CAD rebound sharply at 1.100 After the release of the wholesale sales report of February in Canada, that rose 1.1% above the 0.7% expected, the USD/CAD fell to 1.1000, the lowest price since last Friday. When it was ready to break the trading range and the 1.1000 mark, that limited the price since the beginning of the week, reversed sharply and jumped. Price broke above 1.1030, the upper limit of the range and rose quickly to 1.1042. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 22, 2014 OctaFX.Com News Updates

The AUD/USD tears apart the 0.9370 FXStreet (San Francisco) - The Aussie jumped above the 0.9370 following the latest set of upbeat economic data including housing and manufacturing index in the United States and the consumer confidence in the Eurozone. After rallying around 20 pips from 0.9355 in the latest few minutes, the AUD/USD broke above previous highs of 0.9370 and it has reached fresh daily highs at 0.9380. Currently, AUD/USD is trading at 0.9371, up 0.47% on the day. AUD/USD levels Above the 0.9380, the AUD/USD would face next resistances at 0.9390, 0.9425 and 0.9460. On the downside, supports are at 0.9320, 0.9310 and 0.9270. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 22, 2014 OctaFX.Com News Updates

The AUD/USD tears apart the 0.9370 FXStreet (San Francisco) - The Aussie jumped above the 0.9370 following the latest set of upbeat economic data including housing and manufacturing index in the United States and the consumer confidence in the Eurozone. After rallying around 20 pips from 0.9355 in the latest few minutes, the AUD/USD broke above previous highs of 0.9370 and it has reached fresh daily highs at 0.9380. Currently, AUD/USD is trading at 0.9371, up 0.47% on the day. AUD/USD levels Above the 0.9380, the AUD/USD would face next resistances at 0.9390, 0.9425 and 0.9460. On the downside, supports are at 0.9320, 0.9310 and 0.9270. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 22, 2014 OctaFX.Com News Updates

US: Existing Home Sales down to 4.59M in March FXStreet (Łódź) - US Existing Home Sales were at 4.59M in March, down from 4.60M in February the National Association of Realtors informed on Tuesday. Analysts projected a 4.55M result. This is a change of -0.2% from last month. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 22, 2014 OctaFX.Com News Updates

United States Existing Home Sales Change (MoM) up to -0.2% in March from previous -0.4% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 22, 2014 OctaFX.Com News Updates

USD/JPY fails to sustain gains FXStreet (Córdoba) - The USD/JPY failed to sustain gains and pulled back from 2-week highs during the European session as the greenback weakened broadly as volume returns to normal after the long weekend. The USD/JPY peaked at 102.71 and retreated to a low of 102.40 before finding support and settling in a slim range where it has spent the last hours. At time of writing, the USD/JPY is trading at 102.52, a few pips below its opening price. In the macroeconomic domain, the US will release Feb housing price index and Mar existing home sales. USD/JPY technical levels In terms of technical levels, the USD/JPY could find immediate resistances at 102.71 (Apr 22 high), 102.89 (100-day SMA) and 103.00 (psychological level). On the downside, supports are seen at 102.41/37 (Apr 22 low/50-day SMA) and 102.00 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 22, 2014 OctaFX.Com News Updates

OctaFX.com-Become Fan on our Official Face Book Community! Become our fan on Official Facebook community? Have you already declared yourself as our fan? We invite you to be part of OctaFx for your success future, OctaFx offering 50% each deposit bonus as well 8USD no deposit bonus, fast server no re-quoutes guaranty so, join right away to became successful trader. We are here to help 24/7 because its our pleasure to server you! Feel free to ask any question about OctaFX. we are glad to serve you the right way. Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

USD/JPY treading water around 102.50 FXStreet (Edinburgh) - The USD/JPY is now trading in a 102.50-102.60 narrow range, a bit lower than overnight peaks just beyond 102.70. USD/JPY boosted by data A much wider than expected trade deficit in the Japanese economy during March weakened the yen in the very first hours of trading, lifting spot to session highs above 102.70. A risk-friendly context also prompted the pair to escalate to higher levels. Moving forward to tomorrow’s Japanese docket, February’s Leading Economic Index will be the only event of note followed by US Existing Home Sales. “, we do expect the JPY to lose ground against USD, with USDJPY rising to 110 by June-end, mostly on reflection of diverging monetary policy outlooks between the two countries”, noted Shaun Osborne, Chief FX Strategist at TD Securities. USD/JPY significant levels The pair is now up 0.14% at 102.57 with the next hurdle at 102.71 (high Apr.21) ahead of 102.95 (100-d MA) and finally 102.99 (low Apr.7). On the downside, a break below 102.49 (daily cloud base) would target 102.40 (low Apr.21) en route to 102.33 (low Apr.18). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 21, 2014 OctaFX.Com News Updates

AUD/USD emerges to fresh highs FXStreet (Córdoba) - The AUD/USD gathered momentum and pushed to fresh daily highs early New York session, supported by a positive opening in Wall Street. The AUD/USD rose to a high of 0.9346, but the 100-hour SMA offered resistance forcing the pair to recede a tad. At time of writing, the Aussie is trading at the 0.9340 zone, up 0.15% on the day. AUD/USD technical outlook Valeria Bednarik, chief analyst at FXStreet notes the AUD/USD shows no directional bias in short-term charts but "the pair remains in control of bears after reaching 0.9460 early April, with scope to extend down to 0.9260 strong midterm support". Bednarik sees immediate support levels at 0.9320, 0.9290 and 0.9260, while she places resistance levels at 0.9355, 0.9390 and 0.9445. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 21, 2014 OctaFX.Com News Updates

GBP/USD breaks below 1.6800 to daily lows FXStreet (San Francisco) - The Sterling is extending losses against the US Dollar as the GBP/USD just broke the 1.6800 in the American opening bell and now it's pricing at daily lows around 1.6790. Currently, GBP/USD is trading at 1.6793, flat on the day, having posted a daily high at 1.6821 and low at 1.6782. GBP/USD levels If the pair remains below the 1.6800 area, the GBP/USD would face supports at 1.6775, 1.6750 and then 1.6720. On the upside, resistances are at 1.6805, 1.6815 and 1.6840. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 21, 2014 OctaFX.Com News Updates

USD/CAD prints fresh daily highs FXStreet (Córdoba) - The USD/CAD rose to fresh daily highs at the beginning of the American session following the Chicago Fed National Activity Index, although it lacked follow-through to stage a steepest rally. The USD/CAD climbed to a peak of 1.1029, surpassing its Friday's high, and it was last at 1.1025, virtually unchanged on the day. On the upside, the 1.1045 area, April top, stands as immediate resistance to clear. USD/CAD technical perspective "We think USD/CAD has done enough to steady and improve going forward from a medium-term technical point of view and feel that a firm base is developing now below 1.0950. We look for a better bid tone to emerge for funds as North American trade picks up today", said the TD Securities analyst team. "USD-supportive US-Canada spreads in the belly of the curve suggest limited downside and more upside potential (towards 1.13) in the near-term. We think gains through 1.1060/70 will be supportive for the near-to-medium-term outlook for USD/CAD". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 21, 2014 OctaFX.Com News Updates

United States Chicago Fed National Activity Index dipped from previous 0.53 to 0.2 in March Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 21, 2014 OctaFX.Com News Updates

United States Chicago Fed National Activity Index increased to 0.2 in March from previous 0.14 Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 21, 2014 OctaFX.Com News Updates

OctaFX Champion - A Splendid Demo Contest from your top Broker! Current update of OctaFX Champion Demo Contest! *Currently our top contestant yasircheema from Pakistan has piled up with Equity/Balance $28 946.06. Total 1561 contestants competing each-other right now. So, come and snatch the opportunity and be the part of matchless traders. Contests schedule Current round (GMT+2) Registration: Mar 3, 2014 00:00 - Mar 31, 2014 00:00 Duration: Mar 31, 2014 00:00 - Apr 26, 2014 00:00 Next round (GMT+2) Registration: Mar 31, 2014 00:00 - Apr 28, 2014 00:00 Duration: Apr 28, 2014 00:00 - May 24, 2014 00:00 Please visit here to see full contestants list http://www.octafx.com/contests/octafx-champion/rating/ Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

Latin America EM Express: Chile's central bank holds rates steady in April FXStreet (Łódź) - Chile's central bank held its monetary policy meeting on Thursday, during which it decided to keep the main interest rate unchanged at 4%, in line with forecasts. The recent pickup in inflation was the main reason for staying on hold. Nevertheless, in the statement released after the decision was announced, the central bank signaled its readiness to reduce rates further: “The board will consider the possibility of making additional cuts to the policy rate in line with the evolution of domestic and external macroeconomic conditions and its implications on the inflationary outlook.” The Banco Central de Chile cut borrowing costs four times over the last six months: from 5% to 4.75% in October, then to 4.5% in November, to 4.25% in February and to 4% in March. Meanwhile, inflation started accelerating above 3%, the the midpoint of the central bank's target, reaching 3.2% in February and then 3.5% in March. Economic data Brazil released its Unemployment Rate on Thursday, which showed a slide to 5% in March from 5.1% in February, against expectations of a rise to 5.4%. Brazil's April Mid-month Inflation was also published, revealing a 0.78% increase, up from 0.73% seen previously. Technicals The Chilean peso was at 557.26 against the dollar on Thursday, down 11% since the October rate cut. On Friday it was almost unchanged at 557.35. USD/BRL was down 0.67% at 2.2370 today. On Thursday the daily FXStreet Trend Index was slightly bearish, with the OB/OS Index neutral. RSI sat at 45 at the last close, and has declined to 40 so far today. Daily 2-StDev Volatility Bandwidth was shrinking at 407 pips, with ATR (14) at 271 pips. The 1D 200 SMA was at 2.3065, while the 1D 20 EMA was at 2.2540. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 18, 2014 OctaFX.Com News Updates

EMEA EM Express: Pro-Russian separatists in Donetsk refuse to vacate occupied buildings FXStreet (Łódź) - The talks between Ukrainian, Russian, EU and US leaders in Geneva, aimed at finding a solution to the Ukraine crisis ended in an agreement that efforts will be made to reach a peaceful settlement. The deal delays the imposition of further sanctions on Russia by the West, but this state of affairs may not last long as pro-Russian separatists have already refused to comply with the agreement. Under the deal, pro-Russian militants are required to disarm and cease the occupation of government buildings in Ukraine, in exchange for amnesty. Kiev on the other hand is to undertake public consultations on constitutional reform. The success of the agreement has been put into question already on Friday however, as the pro-Russian separatists occupying government buildings in Donetsk refused to vacate them. “We will lay down our weapons only if the National Guard and other Ukrainian military structures stop attacking us, and if we and our families feel safe,” one of the militants leaders told the Interfax news agency today. Meanwhile, Ukrainian PM Arseny Yatsenyuk said that the parliament was prepared to approve the amnesty bill for protesters, but that he wouldn't hope for a definite resolution of the crisis. Many voices were raised asking about the effectiveness of the EU and US response to Russia's aggressiveness and their unwillingness to use force. The BBH Global Currency Strategy Team believe that even though Ukraine and NATO have already responded to Russia's moves, by strengthening forces in the region, no such thing should be expected from the US, which “will not sanction a confrontation with Russia over areas in Europe where it does not have a defense treaty or any strategic interests.” Despite the skepticism about the validity of the agreement on Ukraine, Russian shares rose by 2.2% in Friday, which is the biggest increase in three weeks. Economic data The only piece of important EMEA data released on Friday was Hungary's Gross Wages, which showed 1.7% growth year-on-year in February, up from the 0.9% rise recorded the previous month. Technicals The Russian ruble fell against the central bank’s basket of dollars and euros to 41.6574 on Friday, following a 1.4% increase on Thursday. USD/RUB is up 0.25% at 35.5617. On Thursday the USD/RUB daily FXStreet Trend Index was slightly bearish, and the OB/OS Index neutral. RSI was at 45 at the last close and rose to 51 so far today. The Daily 2-StDev Volatility Bandwidth was shrinking at 3290 pips, with ATR (14) expanding at 4105 pips. The 1D 200 SMA was at 33.6023, while the 1D 20 EMA was at 35.7553. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 18, 2014 OctaFX.Com News Updates

USD/JPY glued to opening levels FXStreet (Córdoba) - After reaching a fresh 10-day high during the Asian session, the USD/JPY pulled back and settled around its daily opening levels, where it has spent the last hours. The USD/JPY retreated from a high of 102.56 and entered a consolidative phase amid low volume given that most financial markets remain closed for the Easter weekend. At time of writing, the USD/JPY is trading at the 102.38, virtually unchanged since opening. USD/JPY technical levels In terms of technical levels, the USD/JPY could find immediate resistances at 102.56 (Apr 18 high), 102.89 (100-day SMA) and 103.00 (psychological level). On the flip side, supports could be found at 102.34 (Apr 18 low), 102.00(psychological level) and 101.85 (Apr 17 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 18, 2014 OctaFX.Com News Updates

OctaFX.com-Economic Calendar,Forex Calculator and more available at OctaFX.com! Dear clients! Whenever you need market information, a forex calculator or the time of the important news release – it’s all here for you: Forex Calculator - a very useful tool for all the traders out there. It allows calculating required margin, pips price and many other parameters. Economic Calendar – a must-use tool for any trader. It lists all the important news releases for the upcoming week. Real Time Live Quotes – quotes for all the OctaFX forex currency pairs are available on this page so you always know the current rates And a lot of other important information for you is now available in the Markets sectionof OctaFX.com. We are proud to be providing top forex brokerage services to our clients all around the world. Stay tuned for the news and updates from OctaFX! Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day. Thank you for choosing OctaFX as your top-notch Forex Broker. Open account today and enter the world of requote-free trading and the fastest execution!

OctaFX.com - Free VPS solution! Always giving our clients the support and attention they deserve we created a perfect way to increase your profit! We provide you with our free VPS hosting solution for your Metatrader Expert Advisors. Having a problem with running a PC all the time to perform EA trading? Then, our splendidly tailored VPS solution is developed and designed exactly for you. Step up to be more independent even from a PC or internet connection – have your EA trade safely! OctaFX offers our clients to request personal VPS and run a pre-installed Metatrader 4 software and any EAs they want on a remote server at any time and have it trade automatically 24 hours a day. Here’s some thoughts of our CEO concerning that matter: “Our new service is created by our effective team to make your trading last longer and give you the profit you deserve. It has always been our top priority to provide you with high quality services in accordance with international standards”. OctaFX CEO Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

AUD/USD pressuring against daily lows FXStreet (Córdoba) - The Australian dollar is trading on the defensive Thursday, with the AUD/USD having lost nearly half a cent from Asian session highs. The AUD/USD is currently threatening daily lows, weighed by gold and stocks pullback. However, the downside remains contained by the 0.9335 area, with the Aussie having printed a low of 0.9336 so far and could remain that way as stocks begin to recover. AUD/USD technical levels At time of writing, the AUD/USD is trading at the 0.9340 zone, recording a 0.29% loss on the day, with next supports lining up at 0.9331 (Apr 16 low) and 0.9300 (psychological level) ahead of 0.9286 (20-day SMA). On the other hand, resistances are seen at 0.9389 (Apr 17 high), 0.9423 (Apr 15 high) and 0.9460 (Apr 10 high). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 17, 2014 OctaFX.Com News Updates