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OctaFX_Farid

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  1. OctaFX_Farid
    Flash: USD/JPY to smart from dollar weakness - OCBC Bank FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank is expecting no surprises expected out of the BOJ’s Wed-Thu meeting. Key Quotes “The USD/JPY may well continue to smart from broad based dollar softness in the near term.” “The pair is currently contemplating the 98.00 floor with the next support expected at 97.60 before 97.00.” “In the interim, 99.00 should cap barring further USD positive rhetoric from the Fed.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 6, 2013 OctaFX.Com News Updates
  2. OctaFX_Farid
    EUR/JPY correcting lower FXstreet.com (Edinburgh) -The EUR/JPY is hovering over the area of 130.25/30 on Tuesday, down from session highs in the proximity of 130.70. EUR/JPY well supported around 129.00 The par is meandering between 129.00 and 133.00 since early July, reflecting the lack of clear direction in the single currency so far. Strategists Geoffrey Yu and Gareth Berry at UBS remain bullish on the cross, arguing, “The cross advanced after the test of critical support at 129.77. With the MACD still above the zero line, the risk is for further upside. Resistance is at 133.80”. EUR/JPY support and resistance levels The cross is now losing 0.01% at 130.31 and a breach of 129.81 (low Aug.6) would expose 129.38 (cloud top) and finally 129.35 (low Jul.31). On the upside, the next hurdle aligns at 130.72 (high Aug.6) followed by 130.91 (Tenkan Sen line) and then 1.31.55 (high Aug.5). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 6, 2013 OctaFX.Com News Updates
  3. OctaFX_Farid
    USD/CHF offered sub 0.9300 FXstreet.com (Barcelona) - USD/CHF attempted a recovery overnight from support zone 0.9260 but has since been rejected just shy of 0.9300. USD/CHF is holding up at 0.9280 for the time being on what has been a quiet European session so far across the board. . Today on the event side of things we have a little bit of US data starting out wit the Trade Balance (Jun) expected -$43.10B. Then we will see Redbook Index (YoY) and (MoM) (Jul 28). For Switzerland, we will wait for tomorrow and see the outcomes of CPI (MoM) and (YoY) (Jul). USD/CHF moves below pivot 0.9293 USD/CHF has filed to the topside of its overnight run and has ticked below the pivot 0.9293. The 20d ma is 0.9370, 50 d ma is 0.9393 and the 200 d ma 0.9359. RSI (9) reads 38.02. Supports are ascending from 0.9130, 0.9176, 0.9226, 0.9246 while spot is currently trading at 0.9275. Resistances are 0.9280, 0.9310, 0.9333 and 0.9395 OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 6, 2013 OctaFX.Com News Updates
  4. OctaFX_Farid
    thank you for your compliments, we wish you best of luck
  5. OctaFX_Farid
    Dear clients! We would like to congratulate you on the ending of Ramadan:) and inform you that during 6 - 11 August 2013, BCA, Mandiri and BNI banks will be closed with exception of ATM Transaction, SMS Banking & Internet Banking. This may cause delays in processing your requests. Please accept our sincere apologies for any inconvenience that may be caused. 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!
  6. OctaFX_Farid
    Precious metals sail higher after US data, crude breaches 107.00 FXstreet.com (New York) - Precious metals sailed higher on the release of US data earlier, sending hold and silver soaring towards resistances that threaten to allay any bearishness. Gold needs to hold above 1300.00 The US employment figures were mixed, as the U.S. economy added 162,000 jobs in July lower then expected, however unemployment rate ticked lower to 7.4%. The NFP number was slightly negative as markets were expecting a solid reading following the flow of strong economic data. Given these insights, a preferably neutral stance on gold is advised, despite the recent jump in prices – likely it is better to monitor how spot prices end the trading session today, and if till be able to close the session above the key 1300.00 barrier. At the time of writing, gold prices are trading at USD $1313.12 per oz. Friday. Silver tests 20.00 The white metal has managed to hold its 19.25 support level, which if broken will clear the way to 18.70 and 18.20 downside targets. However, the advent of payroll data has sent silver spot prices surging back up the 20.00 region, though ultimately a bearish bias is maintained below 20.00. The price of silver has now moved to USD $19.94 per oz. during US trading. WTI bullishness portended? WTI crude oil continued to push lower, after the major bullish rally, which is a normal pullback after being excessively overbought. The price pushed through the 107.30-107.35 region as an initial downside support for today, which might force price to resume the bullish direction. In these moments, WTI crude oil is negotiating a price of USD $106.93/bbl Friday. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 2, 2013 OctaFX.Com News Updates
  7. OctaFX_Farid
    OctaFX..com- Deposit bonus increased to 50%! Dear traders! OctaFX is proud to announce that our famous deposit bonus is now increased to 50% due to high demand from our clients! We value our clients greatly, your opinion is truly important to us, and we perfectly understand how important it is to have some additional margin for your trading. The bonus is available for each your deposit in both Micro and ECN account types. Any client, whether new or existing, can enjoy the benefits of the offer. We have also upgraded the bonus system, so that you can setup your Personal Area to receive bonuses automatically every time you deposit your account. The new bonus amounts available for you are: 10%, 30% and 50%. You are absolutely free to choose the bonus amount you want. No other conditions have changed, you are still eligible for the bonus upon each your deposit and it is still withdrawable! Deposit bonus increased to 50% Getting your bonus is a piece of cake: Step 1: Open a new account at OctaFX and make a deposit Step 2: Login to your Personal Area and click “Bonuses” link in the header Step 3: Select your bonus amount and receive it Step 4: Enjoy your trading with even more funds in your account! Please visit the deposit bonus promotion page (http://www.octafx.com/promotions/deposit-bonus/) for the rules and details of the promotion. OctaFX is all about making your trading experience convenient and outstanding, driving forex trading to a whole new level. Deposit to your account and we will give you a bonus of 10% to 50% of your deposit for free! This is a perfect way to increase total amount of funds in your account! 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!
  8. OctaFX_Farid
    USD/JPY collapses to 98.00 FXstreet.com (San Francisco) - The Dollar continues with its decline against the Japanese Yen and after collapsing around 60 pips from 98.60 in the last few minutes, the USD/JPY has fallen to break the 98.20 key level and to test the 98.00 support, lowest since June 27th. Currently, the USD/JPY is trading at 98.10, 1.20% negative on the day. The short term perspective remains slightly bearish according to the FXstreet.com trend index in the 1-hour chart. Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish. Below the 98.00, next supports are 97.60 and 97.20. On the upside, resistances are now at 98.20, 99.00, 99.10 and 99.85. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 26, 2013 OctaFX.Com News Updates
  9. OctaFX_Farid
    OctaFX.com- China Unionpay deposits now available! Dear clients! OctaFX moves on with its expansion into Chinese market and glad to announce another convenient deposit option for our clients. Our clients in China can now deposit their accounts via China Unionpay cards. This is a very popular payment system in China, counting hundreds of millions of users worldwide. OctaFX supports major Chinese banks and China Unionpay cards. The deposit is instant and absolutely free of charges, no commissions or other hidden fees are applied. Just as usual you can deposit your account in your Personal Area or by following this link (Personal Area login required). https://my.octafx.com/deposit/new/ We are very proud to serve our clients in China and we do promise to offer more convenient deposit options and promotions this year! 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!
  10. OctaFX_Farid
    OctaFX.com- Deposit bonus increased to 50%! Dear traders! OctaFX is proud to announce that our famous deposit bonus is now increased to 50% due to high demand from our clients! We value our clients greatly, your opinion is truly important to us, and we perfectly understand how important it is to have some additional margin for your trading. The bonus is available for each your deposit in both Micro and ECN account types. Any client, whether new or existing, can enjoy the benefits of the offer. We have also upgraded the bonus system, so that you can setup your Personal Area to receive bonuses automatically every time you deposit your account. The new bonus amounts available for you are: 10%, 30% and 50%. You are absolutely free to choose the bonus amount you want. No other conditions have changed, you are still eligible for the bonus upon each your deposit and it is still withdrawable! Deposit bonus increased to 50% Getting your bonus is a piece of cake: Step 1: Open a new account at OctaFX and make a deposit Step 2: Login to your Personal Area and click “Bonuses” link in the header Step 3: Select your bonus amount and receive it Step 4: Enjoy your trading with even more funds in your account! Please visit the deposit bonus promotion page (http://www.octafx.com/promotions/deposit-bonus/) for the rules and details of the promotion. OctaFX is all about making your trading experience convenient and outstanding, driving forex trading to a whole new level. Deposit to your account and we will give you a bonus of 10% to 50% of your deposit for free! This is a perfect way to increase total amount of funds in your account! 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!
  11. OctaFX_Farid
    GBP/USD in red within the range FXstreet.com (Edinburgh) -The GBP/USD is posting meager gains at the time of writing, hovering over 1.5355/60 as the GBP rally is showing signs of exhaustion around the key 1.5400 handle. GBP/USD recovery faltering Same as its European counterpart, the pound is recovering ground lost in the recent USD rally from mid-June to early July, although the pair seems to lack vigour to surpass 1.5400 the figure so far. In the opinion of Nick Mannion and Paul Robson, Strategists at RBS, “Risks would be more two-way up at 1.54 and turn to downside as spot approaches 1.57. While we’re still concentrating on the policy event risks of early August to provide the next directional signal, talk of sustained recovery in the UK should be mildly GBP supportive. On this, we continue to believe that the scope for UK data to surprise is becoming increasingly limited”. GBP/USD levels to watch At the moment the pair is down 0.06% at 1.5358 with the next support at 1.5315 (low Jul.24) ahead of 1.5289 (MA30d) and finally 1.5258 (low Jul.22). On the flip side, a break above 1.5390 (high Jul.24) would open the door to 1.5393 (high Jul.23) and then 1.5442 (high Jun.26). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 24, 2013 OctaFX.Com News Updates
  12. OctaFX_Farid
    Flash: USD/JPY downside held by 98.57 support – UBS FXstreet.com (New York) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's majors and outline the technical positions. Key quotes Beginning with the USD/JPY, Any downside will be held by strong support at 98.57, which was held previously on a closing basis. Focus is on resumption of upside, with resistance at 101.53 ahead of the key resistance at 103.74, suggesting a bullish intraday outlook.” “As for the GBP/USD, upside is held by a strong resistance at 1.5394. A closing break above this would be a bullish development. Initial support is at 1.5258 ahead of 1.5171. Finally, “regarding the USD/CHF, with the MACD settled below the zero line, our focus is on further downside, with initial support at 0.9242 ahead of critical 0.9130.Resistance is at 0.9416 ahead of 0.9478.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 24, 2013 OctaFX.Com News Updates
  13. OctaFX_Farid
    Flash: China weighing on AUD – TD Securities FXstreet.com (London) - Research teams at TD Securities noted the performance of AUD post Chinese data overnight. Key Quotes: “A miss on the flash HSBC Chinese manufacturing PMI contrasted the better than expected PMI’s from German and France overnight, and the reaction in the FX space reflects that divergence with the EUR at the top of the G10 performance ranks and AUD at the bottom”. “The AUD had a lot to digest in a short period, with a mixed but overall better than expected Australian inflation report initially lifting the currency above 0.9300 before the flash Chinese PMI unwound any positive tone shortly after”. “The somewhat better inflation report suggests the threat of an RBA rate cut next month has diminished slightly, but the more pressing concern for markets is the state of activity in China”. “The flash PMI raises fears of a sub-50 print for the official PMI next week, and such an outcome could re-ignite fears of a ‘hard landing”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 24, 2013 OctaFX.Com News Updates
  14. OctaFX_Farid
    OctaFX.com- Free 8 USD bonus is now easier to receive! Dear clients! We would like to inform you that 8 USD free welcome bonus conditions have been changed since 01.10.2012. The changes are intended to make you receive the bonus easier and faster and also to provide higher security level. Here are the main changes: You don’t need to verify your account any more. The bonus is now deposited into your account INSTANTLY and you don’t have to wait for verification. You also don’t need to verify your account upon withdrawal. A wise system introduced to prevent multiple bonus accounts registrations. It also works instantly. We do not tolerate multiple bonus account opening. We would like to ask about some feedback about our services during withdrawal. You opinion matters, so please help us improve our services. 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!
  15. OctaFX_Farid
    AUD/USD extends the correction higher FXstreet.com (Edinburgh) -After hitting session lows around 0.9230, the Aussie dollar is picking up pace and pushing the AUD/USD to the current area of 0.9260/65.] AUD/USD trimming losses The pair is thus paring earlier losses from overnight tops around 0.9290, ahead of key inflation data in Australia due tomorrow. Gareth Berry, FX Strategist at UBS commented, “Our economists think inflationary pressure will be weak enough to trigger a 25bp RBA cut on August 6. Only 17bp of easing is currently priced in, so we expect significant Australian dollar sensitivity to any surprise in either direction”. AUD/USD levels to watch At the moment the pair is advancing 0.19% at 0.9267 with the next hurdle at 0.9286 (high Jul.23) ahead of 0.9292 (high Jul.17) and then 0.9301 (38.2% of 0.9792-0.8998). On the downside, a breach of 0.9187 (MA10d) would open the door to 0.9180 (MA21d) and then 0.9175 (low Jul.22). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 23, 2013 OctaFX.Com News Updates
  16. OctaFX_Farid
    EUR/USD in fresh 5-week highs around 1.3230 FXstreet.com (Edinburgh) -The euro is accelerating its pace now, lifting the EUR/USD to fresh highs in the boundaries of 1.3230, levels last seen in late June. EUR/USD bolstered by USD weakness The heavy selling is still hovering over the greenback, testing the key support at 82.00 and posting multi-week lows at the same time in terms of the US Dollar Index. BBH Global Currency Strategy Team suggested, “Even though the greater uncertainty about the timing of Fed tapering remains the strongest driver in FX markets, the news flow out of Europe also supports our near-term dollar consolidation call. We see scope for the euro to stage a break of the $1.3250 level this week. On the other hand, a move down to the $1.3050-80 area would put this view in doubt”. EUR/USD critical levels At the moment the pair is up 0.28% at 1.3223 and a break above1.3255 (high Jun.21) would open the door to 1.3261 (76.4% of 1.3417-1.2755) and then 1.3302 (high Jun.20). On the downside, support levels align at 1.3164 (low Jul.23) followed by 1.3115 (low Jul.22) and finally 1.3106 (cloud base). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 23, 2013 OctaFX.Com News Updates
  17. OctaFX_Farid
    Start your successful trading with OctaFX today! Trade Forex with OctaFx and get: 30% 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 Demo accounts Clients Funds Protection Lowest Spread Low as 2.0 Metatrader PC, IOS Mobile, Android, (News in your Metatrader 4 from OctaFX and FXstreet.com) 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!
  18. OctaFX_Farid
    Flash: Portuguese politics remain split – Deutsche Bank FXstreet.com (New York) - The impending situation in Portugal took a different turn this weekend, culminating in new chapter of drama, notes Macro Strategy Analysts J. Reid and C. Tan at Deutsche Bank. Key quotes In Europe, “a major political development of note on Sunday was in Portugal where the major parties failed to agree on a national salvation pact. However the President announced a new solution to the political situation late last night which involves the ruling coalition government remaining in office after the ruling bloc gave the President additional guarantees that they would keep their coalition together to see through the country’s EU program.” The President ruled out calling a snap general election two years ahead of schedule and said the ruling coalition would shortly table a confidence motion setting out its economic plans until the end of it term in 2015. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 22, 2013 OctaFX.Com News Updates
  19. OctaFX_Farid
    USD/CAD unable to shake negativity FXstreet.com (New York) - The USD/CAD foreign exchange rate has been unable to muster a sustained push Monday capable of eliminating the entirety of its losses after a prolonged rebound that has already risen out of the depths at 1.0319 (daily low). In these moments, the USD/CAD is unable to shake its negatively, relegated to losses of -0.22%, currently trading at 1.0340. Technically speaking, the USD/CAD remains capped well fortified by short-term supports at 1.0326, ahead of 1.0296, and 1.0269, notes the Danske Research Team. USD/CAD strategic bias According to the Technical Analyst Team at ICN.com, “The USD/CAD is still trading negatively within the normal bearish correction in the ascending channel. The downside move might extend this week especially that the pair is stable below 1.0430 and Linear Regression Indicators tends to be negative. Breaking 1.0315 might clearly extend the downside move in the upcoming period.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 22, 2013 OctaFX.Com News Updates
  20. OctaFX_Farid
    OctaFX.com- OctaFX King of the Road Contest Current update of OctaFX Champion Demo Contest! Currently our top contestant OnePLN (67) from Poland has piled up with 133.6 Points. So, come and grab the opportunity and be the part of matchless traders. Deposit to your account today, register for the contest and let the most proficient trader win! How to take part in the contest Start Now! Thank you for trading with OctaFX. 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!
  21. OctaFX_Farid
    OctaFX.com- Deposit and withdrawal option via MoneyBookers is currently not available! Dear customers! Due to the technical reasons deposits and withdrawals via MoneyBookers payment system will currently not be available. You can use one of the other payment options listed here:https://www.octafx.com/deposit/The withdrawals will be processed in a usual way, through any convenient method. We will notify you about the resumption of deposit and withdrawal opportunity via MoneyBookers. Please follow the news. We apologize for the inconvenience caused 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!
  22. OctaFX_Farid
    OctaFX.com- China Unionpay deposits now available! Dear clients! OctaFX moves on with its expansion into Chinese market and glad to announce another convenient deposit option for our clients. Our clients in China can now deposit their accounts via China Unionpay cards. This is a very popular payment system in China, counting hundreds of millions of users worldwide. OctaFX supports major Chinese banks and China Unionpay cards. The deposit is instant and absolutely free of charges, no commissions or other hidden fees are applied. Just as usual you can deposit your account in your Personal Area or by following this link (Personal Area login required). https://my.octafx.com/deposit/new/ We are very proud to serve our clients in China and we do promise to offer more convenient deposit options and promotions this year! 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!
  23. OctaFX_Farid
    GBP/USD retreats back to 1.5200 barrier FXstreet.com (New York) - The GBP/USD technical pair retreated back to the 1.5200 region Thursday, having experienced pressure from a strengthening USD during US trading. In these moments, the GBP/USD has now moved into negative territory, presently incurring a loss of -0.12% off its opening. The GBP/USD remains fortified by supports at 1.5154, ahead of 1.5120, and 1.5080, notes the Danske Research Team. GBP/USD strategic bias According to Karen Jones, an analyst at Commerzbank, “The GBP/USD shot higher yesterday, but has still not cleared the 1.5300/05 resistance. We continue to view the rebound from support at as corrective and Elliot wave counts on the 240-minute chart suggests the rally will fail circa the more important 1.5305 level (50% retracement). Provided it does so, attention should revert to the 1.4854/32 support.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 18, 2013 OctaFX.Com News Updates
  24. OctaFX_Farid
    USD/CHF held by 0.9475 resistance FXstreet.com (New York) - The USD/CHF foreign exchange rate surged higher as the USD notched solid gains across the board during US trading, peaking recently at 0.9474 (intraday high). At the time of writing, the USD/CHF is now settling near its highs at 0.9469, presently notching a robust +0.59% above its opening. Technically speaking, the USD/CHF will encounter resistive means at 0.9475, onto 0.9497, and finally 0.9535, calculates the Danske Research team. USD/CHF strategic bias According to the Karen Jones, an analyst at Commerzbank, “The USD/CHF has sold off towards and is showing signs of recovery from the 200-day MA at 0.9358. Rallies will need to regain the 0.9568 March high in order to alleviate immediate downside pressure and retarget the 0.9753 July high. We have a TD perfected set up on the 240 minute chart and favor recovery.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 18, 2013 OctaFX.Com News Updates
  25. OctaFX_Farid
    Flash: Tapering implications - BMO FXstreet.com (London) - Stephen Gallo, European Head of FX Strategy at BMO suggests high-level global coordination is needed to manage QE tapering risks and developing market strains. Key Quotes: “Versus key funding currencies such as the EUR, JPY, CHF and USD, we see reasons to be upbeat on developing markets once the QE tapering adjustment is complete”. “ We view the Q2 instability in key Asian and other developing market currencies largely as a healthy correction away from speculative excess, and a tempering of “QE-related” capital flows”. ”US monetary policy settings have increasingly been at odds with the needs of the rest of the global economy; the advent of QE may OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 18, 2013 OctaFX.Com News Updates
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