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EUR current levels uncomfortable? - Investec FXStreet (Barcelona) - Jonathan Pryor, Corporate Treasury Analyst at Investec, underlined the rising concerns from the current EUR strength. Key Quotes "The main news from over the weekend came from comments from the head of the European Central Bank, Mario Draghi, indicating that the central bank would implement more monetary stimulus if they witnessed further appreciation of the Euro". "Whilst GBPEUR has been on a steady climb in recent months as the pound has been one of the best performing currencies in the G10, the single currency has appreciated against most other major currencies and it’s clear that European officials are now uncomfortable with the impact this is having on European exporters". "‘Further monetary stimulus’ could come in the form of negative interest rates and/or quantitative easing and the news led to weakness in the euro earlier today." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 14, 2014 OctaFX.Com News Updates

OctaFX.com-Good Friday and Easter Trading Schedule! Dear traders, OctaFX Technical Department would like to inform you that due to the coming Good Friday holiday and Easter on April 18, we have altered a trading schedule for XAU/USD and XAG/USD trading instruments. Please, consider the following schedule while planning your trading: Friday, April 18, 2014 the trading is closed. For your convenience, we provide you with this timetable: Instrument ------------------------- Friday, April 18, 2014 XAU/USD-------------------------------------------->> Closed XAG/USD-------------------------------------------->> Closed Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day. We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to support@octafx.com 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 - Happy Weekend to all! Open account today and enter the world of requote-free trading and the fastest execution! Thank you for choosing OctaFX as your top-notch Forex Broker.

OctaFX.com-Atep, PERSIB midfielder, shows contagious competitive spirit! Our partnership with FC PERSIB encouraged us to create a series of interviews with the most prominent players, as we want you to draw inspiration from people we have common values with. This week, vice-captain Atep will win you over with his positive attitude towards the game. Atep can surely become your role model! Click here to watch online! As perceived by midfielder PERSIB, Atep, to obtain a myriad of achievements, you have to pass hard tests. This professional football player started his way from Football School (SSB) and different teams, until joining PERSIB for five seasons. Atep Ahmad Rizal, known as Atep A7 was born in Cianjur, West Java, 5 June 1985. Atep started his football career at the junior football club PS UNI. At that time he was a potential young player in attacking midfielder position. His shoot power and accuracy along with good individual skills, made his way into the Indonesian national team in various international championships. In the season 2008/2009, Persib Bandung finally managed to sign Atep, after failing to get him in the previous season. Although his arrival was greeted so positively by the bobotoh, Persib supporters community, he did not get so many chances to play in early matches of the season. So, many predicted that he would leave in the transfer window during the break between matches. However, he was persistant and eventually started to get a chance to play as a substitution player. In his second season (2009/2010) with Persib Bandung, Atep managed to enter the Main Persib squad after replacing Siswanto. After four seasons with Persib Bandung, Atep got an award from club management. In his fifth season, he earned a two-year contract from Persib. Atep became one of three Persib players who signed a two-year contract this season. Although his position is safe, at least for the next two seasons, Atep admitted that his adrenaline only boosted by a two-year contract. Showing his dedication to football, Atep Ahmad Rizal made the breakthrough by establishing Football School (SSB) A7. SSB which was founded in 2009 is headquartered in his hometown, Cianjur. The idea of establishing SSB A7, originated from ATEP who wants to contribute something to his hometown. “The difficulty of making football accessible, both in education and facilities, makes me want to establish a football school. I would like to find talents through this SSB, it may appear any moment, that there is a boy who shines. I also try to promote my students to several teams, one of them is PBR U-21". Atep intends to stay at Persib Bandung. "If the management entrusted me to continue to strengthen this team, I intend to retire as a footballer at Persib Bandung. I was born in Cianjur and grown up in Bandung. Indirectly, I have a bond with Persib. So, if management does want me to continue playing here, I am not interested in moving to another club," Atep confirmed. “I loved football since I was a kid. Incidentally, my house was close to the football field and my family also loved football, both my grandfather and my father. Although I was asked by my father not to pursue a career in football because he thought that football is not a promising career, I have no regrets. I have my own faith". Follow your dreams with OctaFX - a proud sponsor of PERSIB Bandung FC. Thank you for choosing OctaFX as your top-notch Forex Broker.

USD/JPY attempting to make further lows below 101.40 FXStreet (San Francisco) - The USD/JPY is extending its decline from 102.00 and currently it is attempting to make further lows below 101.40 as the pair is pricing at lows since March 19 at 101.35. According to Chris Tevere from Forex.com: the "USD/JPY is attempting to break below channel support, drawn from the Feb. Low around 101.50." Tevere affirms that a "daily close below needed for confirmation." Currently, USD/JPY is trading at 101.38, down -0.59% on the day, having posted a daily high at 102.16 and low at 101.35. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish. USD/JPY levels to watch Supports can be found at 101.38 (Daily Low), 101.36 (Monthly Low) and 101.00 (YTD Low). On the upside, the USD/JPY would face resistances at 101.50, 101.80 and 102.00. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 10, 2014 OctaFX.Com News Updates

GBP/USD extends correction FXStreet (Córdoba) - The GBP/USD extends a downward correction from 2-month highs during the American session in quiet trading. The GBP/USD peaked at 1.6819 during the Asian session, stalling just 2 pips shy of its 2014 high, and it has continued to move south at a slow pace throughout the day, with the Bank of England decision to keep policy unchanged having virtually no impact on the pound. Having hit a daily low at 1.6754, the GBP/USD is down -0.15% on the day and presently trading at 1.6768. GBP/USD technical outlook Technically, short term charts are gaining a bearish tone although the dominant trend remains bullish, said Valeria Bednarik, chief analyst at FXStreet, supporting a downward corrective movement towards 1.6720 strong static support area. "Corrective movements may extend down to 1.6660, but the dominant bullish change will hardly be affected; on the other hand, a break above 1.6820 high should trigger further gains, eyeing 1.6880 in the short term". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 10, 2014 OctaFX.Com News Updates

ECB's Praet says Governing Council 'comfortable' with forward guidance FXStreet (Łódź) - ECB Chief Economist Peter Praet said Thursday that the central bank hadn't changed its assessment that interest rates should remain at their present or lower levels for an extended period. Speaking on the sidelines of the IMF-World Bank Spring meetings, Praet assured that the forward guidance was having a positive impact on money markets, as their reaction to external developments “has been much more insulated." Markets trust the ECB to do what's needed in the face of low inflation, he stressed. Furthermore, ECB's chief economist said that a high degree of slack remained in the Eurozone economy. He pointed out that the recovery in the area remained "modest, uneven" and "increasingly broad-based." He also acknowledged the fact that while confidence indicators picked up considerably, activity hasn't and that should be carefully monitored. He added that the output gap "is unlikely to be closed before 2017 for the euro area as a whole." “EUR/USD has hardly reacted to the comments or the earlier US data as it consolidates in the 1.3860/70 zone,” remarks Adam Button from Forex Live. “There’s nothing in his comments that suggests the ECB is any close to cutting rates or QE. That’s a greenlight for buying the euro and the market doesn’t seem to care about the softer-than-expected French CPI numbers released today.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 10, 2014 OctaFX.Com News Updates

EMEA EM Express: Ukrainian hryvnia plunges to record low on rising tensions with Russia FXStreet (Łódź) - Russian President Vladimir Putin informed EU leaders on Thursday that Ukraine's gas debt situation was “critical” and that the country's failure to meet its obligations would have an impact on the supplies of gas to European countries which receive it via pipelines which cross Ukraine. Putin met with government ministers on Wednesday and decided that no critical measures against Ukraine would be taken until further talks with EU officials were held. PM Dmitry Medvedev said that Ukraine owed Russia 2.2 billion dollars for the supplied gas. Earlier on Tuesday Ukrainian Energy Minister Yury Prodan said that the country was temporarily reducing gas imports from Russia and halting the payments for March, until the issue was settled. PM Arseniy Yatsenyuk called Gazprom's recent 80% gas price hike an “aggression against Ukraine.” Jamie Coleman from FXBeat suggests that because Ukraine is the key transit route for Russian gas to Europe, “Putin could leverage that fact to get Europe to cover Ukraine's gas debt in order to keep supplies flowing.” “With Europe in the midst of a weak recovery, the last thing it needs is an energy crisis,” the expert adds. Kiev meanwhile is searching for alternative sources of gas supply and if Poland and Hungary start providing it soon enough, Ukraine might cope without the energy from Russia. Economic data On Thursday Romania's National Institute of Statistics informed that March CPI was at 1%, down from 1.1% seen in February. Also Industrial Production data was released, showing a 1.3% month-on-month decline in February, compared with 6.4% growth in January. South Africa's Manufacturing Production Index climbed 1.4% in February year-on-year, following 2.2% growth recorded the previous month, according to data released today by Statistics South Africa Head Office. Technicals Ukrainian hryvnia tumbled to a new record low against the dollar at 12.70 on Thursday, on the exacerbation of the gas row with Russia, separatist unrest in its eastern regions and the ongoing negotiations on rescue funds On Wednesday USD/UAH jumped by 4.39% to 12.40. The daily FXStreet Trend Index was slightly bullish, and the OB/OS Index extremely overbought. RSI was at 89 at the last close. This year so far the hryvnia rate has fallen by 44.69% from 8.2730 UAH/USD to 11.97 UAH/USD in the interbank market. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 10, 2014 OctaFX.Com News Updates

AUD/USD cae a 0.9400 FXStreet (San Francisco) - El AUD/USD extiende su rechazo desde máximos de 5 meses alrededor de 0.9465 y ahora está poniendo a prueba el soporte de 0.9400 con la apertura del mercado americano. Actualmente, el AUD/USD se cotiza a 0.9402, sube 0,12% aún en el día, después de haber contabilizado un máximo diario en 0.9465 y mínimo a 0.9370. "El comportamiento del precio hace que te preguntes si la oleada de esta mañana a 0.9461 era un top de purga. Tiene ese tipo de sensación", comentó recientemente Jamie Coleman de FXBeat. "La advertencia de Lagarde de un aterrizaje forzoso de China podría ayudar a soplar un poco de espuma fuera del Aussie también." Niveles AUD/USD Hay paradas vistas alrededor de 0.9390/95, mientras que las ofertas se encuentran en 0.9370. Otros soportes se encuentran en 0.9350 y 0.9335. Al alza, las resistencias se encuentran en 0.9430 y 0.9465. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 10, 2014 OctaFX.Com News Updates

USD/CAD jumps above 1.0900 FXStreet (San Francisco) - The US dollar is currently gaining ground against its Canadian counterpart as the pair has reacted to the upside after the good data in the US. The USD/CAD was initially well supported by the 1.0875 area in the European morning; however movements were limited until the jobless claims report that came better than expected. Data fueled pair to break above the 1.0900 key level and to trade at daily highs around 1.0920. Currently, USD/CAD is trading at 1.0909, up 0.31% on the day, having posted a daily high at 1.0922 and low at 1.0868. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish. USD/CAD levels If the pair holds above the 1.0900 area, next resistances are at 1.0922 (Daily High), 1.0944 (Yesterday's High) and 1.0960. On the downside, supports are at 1.0875, 1.0865 and 1.0955. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 10, 2014 OctaFX.Com News Updates

Thank you very much for your kind feedback. OctaFX wishing you happy trading. Stay tuned for more exciting contests from OctaFX, your top Forex broker! 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!

OctaFX.com-Join the “Word it out” Contest! “Word it out” to every trader in the community . We have asked our customers to perform successful trades during our contests, but today it’s merely an opinion that will determine your success! Follow three simple steps to get into participants list: Write a review on distinctive features of trading with OctaFX Share it on any Forex forum or upload it to your personal blog Send us a link to your review by filling the form View March monthly round position! February Clients Choice award goes to Mr. Apip Yudiana from Indonesia! His review, describing OctaFX as a company giving trading freedom, gathered 335 likes! Congratulations from OctaFX! Participants: Round started: 01.03.2014 Round ends: 31.03.2013 View OctaFX Special Choice award nominees! The ultimate winner of Word it Out review contest is Mr. Putro Setiobudi from Indonesia! OctaFX team have chosen his review among the best in the whole competition! Congratulations from OctaFX! Participants:43 Award Ceremony: 20.03.14 What we like is fresh, constructive thoughts with a bit of jokes and illustrations, positive attitude and complete honesty. We would like to mention though that it is strictly prohibited to black other traders and brokers. Show us how unique your experience is – do not plagiarize. You can read all the terms and conditions at our website, still we advise you to start gather your thoughts and use your right to word it out! “It was and remains our main goal to be responsive to any trader’s needs – there’s nothing more inspiring than the feedback from you” The Head of OctaFX Development Department states! Open account today and enter the world of requote-free trading and the fastest execution! Thank you for choosing OctaFX as your top-notch Forex Broker.

USD expected to rebound on economic strength in the US – UBS FXStreet (Córdoba) - The UBS analyst team commented that despite recent weakness seen in the dollar, the currency is expected to rebound eventually given improved economic strength in the US. Key Quotes "The dollar lost recent gains on Tuesday. Traders cited the decline in US treasury yields, which has put pressure on the USD. Cooling expectations about quant easing measures by the ECB certainly helped to weaken the USD against the Euro and the Swiss franc". "But improved risk taking also helped a broad recovery of most emerging market currencies versus the USD". "We continue to expect the USD to rebound eventually on improved economic strength in the US". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 09, 2014 OctaFX.Com News Updates

AUD/USD holds onto gains FXStreet (Córdoba) - The AUD/USD continues to consolidate yesterday's gains, oscillating near multi-month highs at the area but unable to resume the rally as investors await the FOMC minutes release. The AUD/USD spiked to a fresh 4-month high of 0.9386 in the wake of solid Australian confidence and housing data, but lacked follow-through and was confined to a range, contained by the 0.9350 zone on the downside. Currently, the AUD/USD is trading at the 0.9365 area, virtually unchanged Wednesday. AUD/USD technical perspective "The AUD/USD hourly chart shows price consolidating above its 20 SMA that turns flat and losses upward potential, while indicators aim slightly higher after correcting overbought readings", said Valeria Bednarik, chief analyst at FXStreet. "In the 4 hours chart the overall bullish trend prevails albeit some downward corrective movement towards 0.9330 support can't be ruled out". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 09, 2014 OctaFX.Com News Updates

USD/CAD testing 1.0900 FXStreet (Edinburgh) - The weakness around the greenback is gathering traction on Wednesday ahead of the FOMC minutes, dragging the USD/CAD to multi-week lows in sub-1.0900 levels. USD/CAD in 3-month lows Spot is testing levels last seen in mid-January below the 1.0900 handle following the generalized selling mood around the greenback. The pair, which is falling for the third consecutive week, will face the FOMC minutes this evening in Europe followed by some Fedspeak (Evans and Tarullo). According to Shaun Osborne, Chief FX Strategist at TD Securities, “The daily picture for USDCAD shows spot holding in a narrow range a little above the 1.0910 low registered in February. This is key support for funds; a break below here to new cycle lows will shift the balance of risks more obviously towards a drop to the low 1.07s”. USD/CAD levels to consider At the moment the pair is losing 0.15% at 1.0904 with the immediate support at 1.0900 (psychological level). On the flip side, a breakout of 1.1001 (low Mar.27) would expose 1.1078 (high Mar.28) and finally 1.1095 (weekly Tenkan Sen). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 09, 2014 OctaFX.Com News Updates

US EIA Crude Oil Stocks change registered at 4.03M to beat forecasts (1M) in April 4 Consumer prices in Brazil rose to the highest level in 11 years by 0.92%, increasing the possibility that the country's central bank carries out another rate hike at the upcoming monetary policy meeting. The CPI acceleration, considerably above forecasts, also could weigh against President Dilma Rousseff's reelection in October. She already saw support wane from 44% in February to 38% this month. The Brazilian real strengthened on the news, as investors believe that markets will gain from Rousseff's leaving the office. Economic data On Tuesday and Wednesday a slew of March CPI data was released in Latin America. Chilean month-on-month inflation came in slightly above consensus of 0.7% at 0.8% and up from the previous 0.5%. Core CPI was at 0.7%, following a 0.4% reading. Brazil's IPCA inflation, released by the Instituto Brasileiro de Geografia e Estatistica grew 0.92% in March, up from the 0.69% rise in February. On an annual basis CPI increased 6.15%, following +5.68% and above forecasts of 6.08%. Mexico's 12-month inflation slowed down to 3.76% in March from 4.23% in February. Core inflation was at 0.21%, down from 0.28% and Headline inflation at 0.27%, following a 0.25% reading. Technicals The USD/BRL rose by 0.82% to 2.2129 on Wednesday. The daily FXStreet Trend Index was slightly bearish, with the OB/OS Index extremely oversold. RSI sat at 22 at the last close, and has reached 61 so far today. Daily 2-StDev Volatility Bandwidth was expanding at 478 pips, with ATR (14) at 312 pips. The 1D 200 SMA was at 2.3078 , while the 1D 20 EMA was at 2.2837. The USD/MXN climbed 0.13% to 13.0654. The daily FXStreet Trend Index was slightly bearish, with the OB/OS Index neutral. RSI sat at 41 at the last close, and has headed higher to 69 so far today. Daily 2-StDev Volatility Bandwidth was expanding at 884 pips, with ATR (14) at 886 pips. The 1D 200 SMA was at 13.0533, while the 1D 20 EMA was at 13.1201. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 09, 2014 OctaFX.Com News Updates

US EIA Crude Oil Stocks change registered at 4.03M to beat forecasts (1M) in April 4 Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 09, 2014 OctaFX.Com News Updates

IMF warns weak EU banks, low US rates can hurt global recovery FXStreet (Barcelona) - The International Monetary Fund said today that global recovery could be hampered by the instability of the EU banking system. China's slowdown, the end of low rates in the US and potential tensions in emerging markets were other adverse factors mentioned by the organization. The IMF urged EU officials to step up efforts to create a common backstop for failing banks and launch the banking union as soon as possible in order to prevent further destabilization. Moreover, the fund warned that keeping rates low for an extended period of time in the US would make the QE exit even more difficult “The key message is that strong policy actions are needed to definitely turn the corner from the great financial crisis and engineer a successful shift from 'liquidity-driven' to 'growth-driven' markets,” said José Viñals, IMF financial counselor. He also pointed to the problems in emerging markets where corporations will become more vulnerable to shocks along with the tightening of financial conditions. “Higher debt loads and lower debt servicing capacity make corporates more sensitive to tighter external financing conditions and to a potential reversal of capital flows that could trigger a rise in borrowing costs and a drop in earnings,” Viñals suggested. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 09, 2014 OctaFX.Com News Updates

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EMEA EM Express: Russian, Ukrainian and EU officials to meet on renewed separatist tensions FXStreet (Łódź) - Tensions in Ukraine have started growing again, following the outbreak of pro-Russian demonstrations in three eastern Ukrainian cities over the weekend. Protesters in Donetsk, Luhansk and Kharkiv took over government buildings and called for an independence referendum, such as that conducted in Crimea. Meanwhile Russia warned that this might be a beginning of a civil war. Ukraine's Prime Minister Arseny Yatseniuk said that the protests were a Russian provocation, aimed at fomenting unrest and making way for another intervention in Ukraine. Also the US said there was evidence that the demonstrators were not local people and warned Russia not to aggravate the situation. US Secretary of State John Kerry said that it would “incur costs.” Following a telephone conversation with Russian Foreign Minister Sergei Lavrov Kerry announced that withing the next ten days Russian, Ukrainian and EU officials will hold a meeting to discuss the situation. The BBH Global Currency Strategy Team comment: “The situation remains fluid, but such cat-and-mouse actions are to be expected. We maintain our base case that despite the likelihood of periodic flare-ups in Ukraine, Russia will not risk antagonizing the West with further military actions. Instead, the battle seems likely to shift further to financial channels (sanctions and counter-sanctions) and away from the battleground itself in eastern Ukraine.” Meanwhile in Hungary, Prime Minister Viktor Orban's governing Fidesz party won parliamentary elections held over the weekend, despite growing criticism that under their rule the independence of the judiciary and the media has been drastically reduced. Economic data Statistics Estonia revealed don Monday that the Estonian CPI accelerated to 0.3% in March (MoM), from 0.1% registered in February. On Tuesday Hungary and Turkey published Industrial Production data for February. On an annual basis Hungary's Industrial Output jumped 8.1%, following a 6.1% increase and considerably above consensus of +6%. Turkey's Industrial Output grew 4.9%, down from the 7.3% rise and almost in line with forecasts of a 5% increase. Jacqui Douglas, Senior Global Strategist at TD Securities points out that “IP headline and details show that weakness of economic activity is starting to pass through into the economy.” The Czech Unemployment rate, also released on Tuesday ticked down to 8.3% in March from 8.6% in February, beating expectations of a slide to 8.4%. South Africa's Business Confidence Index increased from 91.9 in February to 92.7 in March, the highest level in a year. Technicals Despite investor concerns about the possibility of further sanctions being imposed on Russia, the ruble posted a strong performance on Monday. USD/RUB fell by 0.31% to 2.0917. The daily FXStreet Trend Index was slightly bearish, and the OB/OS Index oversold. RSI was neutral at 48 at the last close. The Daily 2-StDev Volatility Bandwidth was expanding at 4909 pips, with ATR (14) expanding at 4234 pips. The 1D 200 SMA was at 33.4937, while the 1D 20 EMA was at 35.6935. The Turkish lira has been consolidating gains since Prime Minister Recep Tayyip Erdogan's Justice and Development Party (AKP)won local elections last week. USD/TRY dropped by 0.87% on Monday to 2.0917. The daily FXStreet Trend Index was slightly bearish, and the OB/OS Index oversold. RSI was neutral at 29 at the last close and moved up to 32 so far today. The Daily 2-StDev Volatility Bandwidth was shrinking at 459 pips, with ATR (14) shrinking at 278 pips. The 1D 200 SMA was at 2.0701, while the 1D 20 EMA was at 2.1736. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 08, 2014 OctaFX.Com News Updates

AUD/USD extends advance to 0.9350 FXStreet (San Francisco) - The Australian dollar is extending gains above the 0.9300 area against the US dollar as the AUD/USD is reaching fresh 2014 highs around 0.9350. The AUD/USD finally broke the 0.9300 area in the European session to 0.9340 as market seems to be looking for high yielders. Then the pair extended gains just ahead of the American opening bell to highst since November 20. Currently, AUD/USD is trading at 0.9344, up 0.79% on the day, having posted a daily high at 0.9351 and low at 0.9261. The hourly FXStreet OB/OS Index is showing overbought conditions, alongside the FXStreet Trend Index which is slightly bullish. AUD/USD levels to watch Market says a barrier option interest at 0.9350 and 0.9400. Resistances are at 0.9351 (Daily High), 0.9400 and 0.9440. On the downside, supports are at 0.9325, 0.9300 and 0.9290. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 08, 2014 OctaFX.Com News Updates

USD/JPY extends the decline to 102.20 FXStreet (Edinburgh) - The Japanese yen continues its appreciation against the greenback on Tuesday, dragging the USD/JPY to fresh 2-week lows in sub-102.20 levels. USD/JPY capped by 104.00 so far The pair is extending its consolidation pattern although it remains unable to convincingly break above the 104.00 handle despite the recent risk-on context. In the data front, Japanese current account surplus surprised investors to the upside, coming in at ¥612.7 billion in February. Further data showed the BoJ stayed put in today’s monetary policy meeting, matching the broader consensus. Analysts at BBH commented, “BOJ Governor Kuroda continues to signal a desire to look past the sales tax increase and expects the economic recovery not to be derailed. This means that there is no sense of urgency to respond to some immediate weakness. He will likely assume whatever disruption is seen is transitory”. USD/JPY levels to watch The pair is now retreating 0.85% at 102.20 with the immediate support at 102.06 (daily cloud base) ahead of 102.02 (low Mar.28) and finally 101.71 (low Mar.27). On the upside, a breakout of 103.10 (daily cloud top) would open the door to 103.81 (low Apr.3) and then 104.12 (high Apr.3). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 08, 2014 OctaFX.Com News Updates

EUR/USD at fresh highs as dollar weakness persists FXStreet (Córdoba) - The EUR/USD spiked to fresh daily highs ahead of the Wall Street opening amid general dollar weakness. The shared currency took advantage of a weak dollar, which is losing ground versus both high-yielding and safe-haven currencies, and climbed to a high of 1.3783 in recent dealings. At time of writing, the EUR/USD is trading at the 1.3775 zone, recording a 0.25% gain on the day. With only second-tier US data scheduled for today, FX market will likely continue to monitor stocks' market, Fed speakers and Ukraine situation. EUR/USD outlook "EUR continues to fade the weakness infused by last week’s ECB meeting, encouraged by comments from some Governing Council members that cast doubts on how unanimous the body actually is towards QE. The Fed Minutes tomorrow might reignite the trek higher in UST yields, helping EUR/USD to resume its path lower", said the TD Securities team. "However, until we cross that bridge, today we might be in for a day of range-trading in the 1.3755/75 area". EUR/USD levels to watch On the upside, next resistances line up at 1.3800 (psychological level) and 1.3809 (21-day SMA) ahead of 1.3820 (Apr 2 high). On the flip side, supports could be found at 1.3736 (daily low), 1.3700 (psychological level) and 1.3688 (100-day SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 08, 2014 OctaFX.Com News Updates

USD/CHF feels the force of gravity FXStreet (Moscow) - USD/CHF is trading at 0.8860, down -0.20% on the day, having posted a daily high at 0.8881 and low at 0.8850. Where is the bottom? USD/CHF extended the downside during the European session as the Swiss Frank is supported by positive macroeconomic data and heightened anti-risk sentiments. USD is under pressure across the board, that adds to USD/CHF woes. Obviously, we need to see an improvement of the American stock market development and positive US economic forecasts from IMF to reverse this shor-tern bearish USD trend. From the technical point of view the strong support is seen at 0.8850 with fresh demand on approach, The resistance comes at 0.8870 where a number of important technical levels is clustered (0.8871 (Hourly 200 SMA), 0.8871 (Yesterday's Low), 0.8876 (Hourly 20 EMA)). What are today’s key USD/CHF levels? Today's central pivot point can be found at 0.8893 with support below at 0.8857, 0.8835 and 0.8799, with resistance above at 0.8915, 0.8951, and 0.8973. Hourly Moving Averages are mixed, with the 200SMA at 0.8870 and the daily 20EMA bullish at 0.8852. Hourly RSI is bearish at 33. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 08, 2014 OctaFX.Com News Updates

OctaFX.com-Spreads and conditions! Please find information about OctaFX forex spreads and other trading conditions on this page. You can find the lowest spreads in history here, actual swap rates, pip prices for various currency pairs and all the relevant information for your successful trading. * 1 point (pip) is calculated as: For 5-digit pricing currency pairs - by 4th digit (0.0001); For 3-digit pricing currency pairs - by 2nd digit (0.01). 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!