OctaFX_Farid

OctaFX.com- 2013 FX Empire awards announced! Year 2013 is over, but we are still getting new awards for our amazing services! This time, internet giant FX Empire proclaimed us Best Customer Service Broker 2013! FXEmpire.com itself is the Forex flagship site of the FX Empire Network. The FX Empire Network provides readers with expert and timely technical analyses, fundamental analyses and news-pieces; in order to empower traders to make the best possible financial decisions. Undoubtedly it makes us proud to be featured at the portal as one of the best Forex Brokers. We have spoken to the Head of Customer Support Department, Dean Trent, to get the insight into active and eventful life of our CS department. Dean, congratulations on being appreciated by FX Empire! How do you feel about this award? We feel immensely proud to be that trusted by traders, it motivates the whole team to improve the service and to step up – you know, we have achieved a lot, we lifted the bar of the whole industry and now we should comply with the highest level of services. How do you treat your clients? We are happy to be useful and are always ready to help. We do everything in our power to use individual approach to every issue. Our team would like our customers to perceive us as personal assistants, who are true to one’s word. How about your international team? Has it reached integrity? It is incredibly exciting to observe the progress and development of our international team. The atmosphere in our department is friendly and supportive. I can also say that business ethics is a cornerstone in building this team. Having a common goal is exactly what makes our department cooperate and deliver qualified customer support services. What perspectives lie ahead of your Department at OctaFX? We have already achieved a tremendous success in the field, and now we all await new groundbreaking services from OctaFX. Apart from innovative quality control, every member of a team will find the sphere to specialize in, in order to provide more accurate and swift replies. As Dean Trent stated, OctaFX is moving towards perfection in giant steps. We would like to thank FX Empire for high evaluation of our services. The award given to us is of great value and we appreciate every customer feedback. You can always read the FX Empire Review and leave one of your own at the website. For more profound news and coverage, visit our Company News page. Our multiple awards can be viewed here. Thank you for trading with OctaFX! Thank you for choosing OctaFX as your top-notch Forex Broker.

GBP/USD remains below 1.6700 FXStreet (Córdoba) - The GBP/USD continues to consolidate below the 1.6700 mark Wednesday with the latest string of US data having little impact on the pair. The GBP/USD was weighed by disappointing UK employment data during the European trade and fell to a low of 1.6636 before finding support. The GBP/USD has managed to trim losses during the last hours and it is currently trading around 1.6675, virtually unchanged since opening. GBP/USD technical levels "Yesterday's rebound above 1.6654 low failed to break through 1.6740 crucial resistance and there is a risk of a deeper drowning towards 1.6580 area before renewal of the general uptrend beyond 1.6821", said Stoyan Mihaylov, analyst at DeltaStock.com. "Crucial on the upside is 1.6740". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 19, 2014 OctaFX.Com News Updates

US Redbook index (MoM) (February 9): -1.2%; 3.2% (YoY) Read more in OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 19, 2014 OctaFX.Com News Updates

US January Housing Starts (MoM) falls to 0.88M vs 1.048M (December) Read more in OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 19, 2014 OctaFX.Com News Updates

OctaFX.com- Word it Out January Clients Choice award goes to trader from Indonesia!! Our Word it Out Contest is designed for traders who want to share the opinion on OctaFX services with OctaFX trading community. The January round had rather competitive atmosphere and the amount of reviews submitted added up to the spectacular race for success. OctaFX would like to thank everyone who submitted their review - you still have chance to win the main prize of the contest - MacBook Air! January Clients Choice award goes to Mr. Yeyean Pmula from Indonesia! His nicely structured review gathered 1849 likes, outlining all OctaFX features! As a reward, Mr. Yeyen receives the latest iPhone! OctaFX team evaluated this splendidly structured review and found it most satisfying, therefore we can witness the case when public and official points of view joined in unison. There is nothing more satisfying than getting such a deliberate review. Mr. Yeyen even included some tips and secrets for other traders to follow. Describing the whole OctaFX experience from registration point, types of accounts, getting bonuses and some more, till the customers support team reliability, Mr. Yeyen concludes: “Overall, OctaFX highly recomended both for beginner traders (like me), and traders who are already professionals. Some facilities and trading features offered are very interesting and nice. Once again, if you want to succeed in trading activity, I highly recommend OctaFX as your trading partner!” Here is some feedback from Mr. Yeyen Pamula upon getting the January Clients Choice Award: “I was very happy and did not expect to win this award.I started promoting my review to my Facebook friends and it turns out my friends also helped promote my review, so the number of likes on my review would be many. Thank you all, thank you OctaFX. With OctaFX I learned many things about trading and I will continue to promote OctaFX, because OctaFX is forex broker really recommended”. February round awaits for the winner and we encourage our customers to take part and be as competitive as NJanuary Round participants. Take your time, consider our every advantage and don’t forget to mention our weakest points – leave your review on any Forex Forum and send us a link – that’s it – you can start gathering likes, as we are sure your viewpoint is relevant not only to OctaFX, but also to your fellow traders! At OctaFX every opinion matters! Go Word It Out! Thank you for choosing OctaFX as your top-notch Forex Broker.

BoE Minutes: Scope remains to absorb spare capacity further before raising bank rate FXStreet (Łódź) - The BoE Minutes from the MPC monetary policy meeting held on 5 and 6 February and released today revealed that the Committee voted unanimously in favor of maintaining the interest rate at 0.5% and the stock of asset purchases at £375 billion. UK inflation slowed down back to the 2% target in December, partly due to the strength of the pound. The MPC expects the CPI rate to stay close or slightly below the 2% over the forecast period and indicates that the inflation outlook depends on “the pace at which slack was absorbed and the impact that slack had on wages and prices” as well as the moves in commodity prices and in the exchange rate. Domestic recovery has been advancing steadily, in line with projections, while unemployment had fallen more sharply than expected. Growth remained robust, although productivity has been lagging behind. The MPC expects UK recovery momentum to continue in coming quarters. The recent emerging volatility poses a downside risk to the recovery, but on the other hand concerns about the Eurozone economy have eased. Furthermore, the MPC indicated that with the unemployment rate still above the 7% threshold, it was decided that the current policy guidance should remain unchanged. According to the minutes: “The Committee judged that there remained scope to absorb spare capacity further before raising Bank Rate. When Bank Rate did begin to rise, it expected that the appropriate path, so as to eliminate slack over the next two or three years and keep inflation close to target,would be gradual.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 19, 2014 OctaFX.Com News Updates

US sells $30 Bn in 6-month bills at 0.075% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 18, 2014 OctaFX.Com News Updates

Hungary further cuts rates in bid to unfreeze economy FXStreet (London) - The Hungarian central bank showed today that it has not finished with its easing cycle that began in August 2012. The latest 15bps cut takes the benchmark interest rate set by the Magyar Nemzeti Bank from 7 percent at the beginning of its cycle to a current 2.7 percent. The rate cut went further than expectations of a 10bps drop, and comes after the forint hit a two-year low against the dollar. The aggressive approach from the Hungarian central bank has been driven by concerns over retreating investor demand for emerging market economies as the US Federal Reserve scales back its asset purchases. Though the central bank remains dovish in its outlook, there was some change in language accompanying the rate cut. “Further cautious easing may follow,” was replaced by “will decide on the need and possibility for continuing the easing cycle”. However projections for Hungarian inflation remain benign, with the central bank stating that it sees “a significant degree of unused capacity in the economy”. While Turkey has drastically hiked rates in an attempt to slow lira depreciation, the Hungarian central bank has argued that, unlike Turkey and others who have run a current account deficit which places them at greater risk in tightening conditions, Hungary’s current account puts it in a much stronger position. The central bank argues that its flatlining inflation (albeit largely as a result of state directed utility price controls) gives it space to ease monetary policy. In addition to the 430 bps of headline interest rate cuts carried out over 19 consecutive months by the Hungarian central bank, it has also mooted a HUF2.75trillion/USD12.2bn credit facility in a bid to prop up private lending and stimulate growth. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 18, 2014 OctaFX.Com News Updates

Flash: UK Inflation outlook is bearish - RBS FXStreet (Guatemala) - Strategists at RBS noted that the January 2014 inflation data in the UK is forecast to fall to 1.7% in February. Key Quotes: “CPI inflation fell to 1.9% in January, its first sub-target outturn since November 2009 and below City forecasts (consensus & RBS: 2.0%). The fall was driven by core CPI inflation, which declined to 1.6% from 1.7%, some way below consensus expectations at 1.9% (RBS: 1.7%). There were broad-based declines in inflation in January: of the 12 main CPI inflation sub-categories, 6 were down, 3 unchanged, 3 higher”. “CPI inflation is forecast to fall to 1.7% in February, primarily reflecting energy price disinflation (powerful base effects)”. “Core CPI inflation is forecast to remain at 1.6%. The core rate has fallen rapidly but declines have been broad-based”. “RPI & RPIX inflation are forecast to fall to 2.7% in Feb from 2.8% in Jan”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 18, 2014 OctaFX.Com News Updates

USD/CAD keeping to a tight range FXStreet (Guatemala) - USD/CAD has remained in sideways mode this week, but despite this, the daily chart shows USD/CAD nearing the 40-day MA (1.0927) which was strong support for the market at the start of the year. Strategists at TD Securities explained that USD/CAD’s drift lower has slowed over the past few days, leaving the market’s sideways shift to put the spot rate in touch with the upper boundary of the corrective channel in place from the late January high above 1.12. “Short-term trend momentum remains geared to the downside and we continue to view the 1.09 area as reachable in the near-term before the broader corrective pattern starts to slow and risk/reward considerations shift towards favouring USD longs. Above 1.0985/95 near- term will be more USD-supportive more immediately and reduce the risk of an extension lower towards 1.09”. The analysts continued and said, “The 40-day MA plus the corrective retracement supports noted on the short-term chart above imply very strong support for funds in the low 1.09 area. We favour looking to buy USD dips against this support zone”. USD/CAD Levels The 20 DMA is 1.1066, the 50 DMA is 1.0852 and the 200 DMA is 1.0503. RSI (14) reads 52.60. Supports are ascending from 1.0842, 1.0875, 1.0905, 1.0940 Spot is 1.0964 while resistances are 1.1026, 1.1095, 1.1123 and 1.1138. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 18, 2014 OctaFX.Com News Updates

GBP/USD pushing through 1.6720 FXStreet (Guatemala) - GBP/USD has continued on and is looking better bid now with the release of the lowest read NAHB housing read in the US since May. GBP/USD got a slight lift and has been attempting 1.6730 and towards yesterdays highs in 1.6740 after NAHB housing read 46 vs the 56 consensus and previous 56 indicating the housing market trend in the US has taken a turn for the worst. Next up for tomorrow, BoE minutes and the Unemployment Rate for the UK. GBP/USD Levels The 20 DMA is 1.6502. The 50 DMA is 1.6445 and the 200 DMA is 1.5874. RSI (14) reads 52.37. Supports are ascending from 1.6623, 1.6644, 1.6667 and1.6694. Spot is 1.6724 while resistances are 1.6757, 1.6796, 1.6823 and 1.6845. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 18, 2014 OctaFX.Com News Updates

Eurozone ZEW Survey - Economic Sentiment: 68.5 in February Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 18, 2014 OctaFX.Com News Updates

Octawelcome free 8 USD bonus TRADE A FREE BONUS AND MAKE REAL PROFIT! Get real money by trading a free bonus! Complete only 2 lots and the profit is all yours for withdrawal. Open a bonus account Open a Welcome account today! Get your bonus You will get a free 8 USD bonus Promotion rules No agent commission is credited for trading on bonus accounts A special welcome account is opened for bonus trading. The bonus cannot be added to any other account type (Micro, ECN or IB) Welcome account conditions are the same as Micro Swap Free account conditions You can not deposit to a welcome account It is required to finish 2 standard lots to withdraw profit from the welcome account So-called "reverse trading" on bonus accounts is strictly prohibited. "Reverse trading" denotes opening the same position in reverse destinations on 2 or more bonus accounts. E.g. open 0.01 lot BUY on EURUSD in one account and 0.01 lot SELL on EURUSD in another at the same time. The Client acknowledges that such accounts will be blocked, and bonuses and profits will be canceled Maximum leverage for non-deposit bonus accounts is 1:500 Minimum and maximum volume for welcome account is 0.01 lot Maximum number of simultaneously open positions is 3 Opening multiple bonus accounts (including those registered for relatives. etc) is prohibited. In case of a partial or complete match of IP address or personal data, or other signs of accounts belonging to the same person, such accounts will be blocked, and bonuses and profits will be canceled A bonus may be cancelled byt the Company anytime. In this case 8 USD will be charged against your account Bonuses can't be canceled by the Client ANY IP match between 2 accounts regardless of trading style, name, email, country, etc. will be considered as multiple bonus accounts. Such accounts will be blocked, and all withdrawals will be rejected Each client can have only one bonus account OctaFX may reject a client's bonus application(s) at anytime without prior notification or providing reasons for such decision OctaFX reserves the right to change, update or cancel this promotion, with notification in the Company news Individuals from certain countries may be restricted from getting bonuses Start Now! Please stay tuned for the news and updates from OctaFX! Thank you for choosing OctaFX as your top-notch Forex Broker.

Flash: EUR/GBP broke below key support - BTMU FXStreet (Guatemala) - Lee Hardman, currency analyst at The Bank of Tokyo-Mitsubishi UFJ, Ltd explained that the pound continues to strengthen following the release last week of the BoE’s latest Quarterly Inflation Report and updated forward guidance which has served to reinforce investor expectations that the BoE will begin to raise its key policy rate ahead of the other major central banks. Key Quotes: “EUR/GBP has broken below key support at around the 0.8200-level encouraging accelerated pound strength in the near-term”. “The release of the latest Rightmove house price survey which revealed a further solid monthly increase of 3.3% in February has also provided support for the pound". "BoE Governor Carney in an interview yesterday reiterated that interest rate increases will be “limited and gradual” with some very big persistent forces likely to conspire collectively to keep the level of interest rates down”. “However with other major central banks not yet even seriously considering rate hikes, even the prospect of very gradual and modest BoE rate hikes ahead is likely to continue boosting the relative attractiveness of the pound further”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 17, 2014 OctaFX.Com News Updates

Flash: IMM positions; Sterling on the up - Rabobank FXStreet (Guatemala) - Strategists at Rabobank reported the International Monetary markets positions in some of the G10's that are covered. "EUR shorts halved. The impetus for the move was likely the news that ECB President Draghi did not step up his dovish rhetoric at the February ECB meeting. Better than expected Q4 Eurozone GDP data may lend a little further support this week". "USD longs continued to creep higher potentially in continued response to the exit from emerging markets. Continued weak US economic data could lead to some hesitation from USD bulls". "The level of JPY shorts increased slightly after the recent sharp falls. There has been a significant degree of yen short covering in recent weeks which has pulled the level of JPY shorts back from the extraordinary levels that persisted between Nov2013 and January 2014". "Sterling long positions held steady after the previous week’s drop. Sterling rallied in the spot market during the latter part of last week in response to the upward revision to growth from the BoE. This could lead to an additional upward extension in longs in the next set of data". "Net CHF positions fell back but remain in positive territory". "Short-covering pushed CAD shorts slightly lower for the third consecutive week". "AUD short-covering is also evidence as the market adjusts to a less dovish RBA". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 17, 2014 OctaFX.Com News Updates

EUR/GBP bounces off 1-year low FXStreet (Córdoba) - The EUR/GBP found support and managed to bounce off a 1-year low scored at the beginning of the Asian session amid broad GBP strength. The EUR/GBP fell to its lowest level since January 2013 at 0.8156 but it recovered ground during the European trading turning intraday positive. However, with the recovery being capped by the 0.8200 psychological level, the EUR/GBP was confined to a phase of consolidation. EUR/GBP levels to watch At time of writing, the pair is trading at the 0.8190 zone, up 0.2% on the day, with immediate resistances lining up at 0.8200 (psychological level) and 0.8218 (100-hour SMA). Meanwhile, supports are seen at 0.8175 (Feb 14 low) and 0.8156 (Feb 17 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 17, 2014 OctaFX.Com News Updates

USD/JPY resistance sighted 102.42 FXStreet (Guatemala) - USD/JPY is just below the 102 handle after climbing higher after the Japan GDP figures disappointed. The global currency strategy team at Brown Brothers Harriman explained and note that the disappointing Q4 GDP figures spurred speculation that maybe the BOJ will have to do more after all. “This saw the greenback climb back to the JPY102 area…It renews concerns about a flagging economy as April 1 retail sales tax looms”. As far as the calendar from here, the US is out today but later in the week the real sector data is largely confined to the housing market and the FOMC minutes. However, after Yellen’s Q & A’s last week, the minutes are unlikely to contain many surprises. Technically, Karen Jones, Head of FICC Technical Analysis and Alex Rudolph, Senior Technical Analyst, explained that USD/JPY rallies will find stronger resistance at 102.42, 103.45 (20 day ma day ma and 29th Jan high). This guards 104.45 en route to the more important 105.45/50 recent high and long term Fibo”. USD/JPY Levels The 20 DMA is 102.55, the 50 DMA is 103.46 and the 20 DMA is 100.18. RSI (14) reads 51.07. Supports are ascending from ,100.76, 101.07, 101.25 and 101.38. Spot is 101.90 while resistances are 101.99, 102.13 and 102.41. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 17, 2014 OctaFX.Com News Updates

OctaFX.com- President’s day Trading Schedule! Thank you for choosing OctaFX as your top-notch Forex Broker.

OctaFX.com- President’s day Trading Schedule! Thank you for choosing OctaFX as your top-notch Forex Broker.

Session Recap: USD softer, EUR advances FXStreet (Córdoba) - The dollar came under broad pressure during the European session for no apparent reason, falling against major competitors. The EUR/USD spiked to a fresh 2-week high of 1.3685 in a sudden move that wasn't news driven. The GBP/USD also advanced to a 3-week peak of 1.6653 while the USD/JPY broke below 102.00. Currencies linked to commodities are nearly flat with the AUD underperforming in the wake of disappointing Australian jobs data. During the New York session, the US will release jobless claims, Jan retail sales and Dec business inventories data. Main Headlines in Europe: Germany: Annual HICP inflation up 1.2% in January, as expected Switzerland: Producer and Import Prices flat in January Flash: What’s the perspective for the EUR/USD today? – Commerzbank and Societe Generale Europe open: Focus on ECB monthly report on increasing intervention expectations ECB lowers inflation forecasts for this and next year in its February Monthly Report ECB's Coeure warns Eurozone recovery still weak OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 13, 2014 OctaFX.Com News Updates

Flash: GBP/USD has scope to test 1.6745 - FXStreet FXStreet (Barcelona) - Valeria Bednarik, FXStreet Chief Analyst notes that GBP/USD flirted with this year high, reaching 1.6653 so far today, amid a general weakness of the greenback particularly against its European rivals. Key Quotes “With no headlines behind the move, the pair stands around 1.6640 with the 4 hours chart showing indicators maintaining a strong upward momentum despite in extreme overbought levels, with no signs the pair may pull lower at the time being.” “Immediate support stands at current daily low around 1.6590 and approaches to the level should be seen as buying opportunities towards this year high of 1.6666.” “A price acceleration beyond 1.6670, should see the pair extending its rally up to next big resistance, the 1.6745 price zone, monthly high for April and May 2011.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 13, 2014 OctaFX.Com News Updates

GBP/USD toying with 1.6650 FXStreet (Edinburgh) - The sterling continues its relentless march north on Thursday, with the GBP/USD extending its rally near 1.6650. GBP/USD in 3-week highs The pair is thus extending its bounce off sub-1.6300 levels in early February, looking to challenge ytd peaks in the vicinity of 1.6670 (January 24th) backed by the recent upbeat tone from the BoE’s Quarterly Inflation Report. In the opinion of BBH Global Currency Strategy Team, “The bottom line is that while the general view remains of a risk of a BOE rate hike in Q1 2015, many observers and investors see heightened risk of an earlier hike, as in late 2014. The market went into this week thinking that it was a close call who would raise rates first the Fed of the BOE, Yellen seemed ultimately more convincing than Carney”. GBP/USD levels to consider At the moment the pair is gaining 0.30% at 1.6643 with the next up-barrier at 1.6668 (2014 high Jan.24) ahead of 1.6700 (psychological level). On the downside, a breach of 1.6425 (low Feb.12) would aim for 1.6392 (low Feb.11) and then 1.6384 (low Feb.10). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 13, 2014 OctaFX.Com News Updates

Flash: RBA can still cut rates this year - BTMU FXStreet (Barcelona) - The recent worsening of the labour market in Oz could prompt the RBA to cut the refi rate later this year, according to Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ. Key Quotes "The Australian dollar has weakened sharply following the release of the weaker than expected Australian employment report for January,, with the AUD/USD rate falling back below the 0.90- level. The report revealed that employment in Australia unexpectedly declined by 3.7k in January and the unemployment rate increased by 0.2 point to 6.0% reaching its highest level since July 2003." "The only piece of encouraging news within the report was that hours worked increased by 1.3% in January consistent with strengthening economic growth potentially pointing to stronger employment growth ahead. Still employment growth in Australia continues to prove disappointing despite the improving outlook for economic growth as evident by stronger retail sales growth and the rising housing market." "Over the last six months the Australian economy has shed 15.6k jobs and added only 1.3k jobs over the last twelve months. The weak employment report supports our view that the RBA will not begin to raise its key policy rate until at least well into 2015, and if the labour market does not show signs of improvement it will likely encourage investor expectations of further monetary easing later in 2014. In these circumstances, we continue to believe that the scope for the Australian dollar to strengthen in the near-term on the back of the improving domestic economic outlook is only modest." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 13, 2014 OctaFX.Com News Updates

OctaFX.com- Forex Calculator, Economic Calendar and more available at OctaFX.com! Dear clients! A section of our website with everyday trader’s tools for your convenience. 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. Thank you for choosing OctaFX as your top-notch Forex Broker.

OctaFX Champion - A Splendid Demo Contest from your top Broker! Current update of OctaFX Champion Demo Contest! *Currently our top contestant Kim_Dung_Forex from Vietnam has piled up with Equity/Balance $52 701.35. So, come and grab the opportunity and be the part of matchless traders. Please visit here to see full contestants list http://www.octafx.com/contests/octafx-champion/rating/ Wishing you luck and profitable trading! 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!