OctaFX_Farid

OctaFX.com- OctaFX King of the Road Contest Current update of OctaFX Champion Demo Contest! Currently our top contestant royanfx(86) from Malaysia has piled up with 187 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!

USD/CHF moves above resistance to test intraday highs FXstreet.com (New York) - The USD/CHF foreign exchange has been swinging slightly near the top end of its trading range today, clinging to widespread gains during US trading. USD/CHF breaks past resistance At the time of writing, the USD/CHF pair is operating at 0.9581, just shy of a session high of 0.9585, securing a gain of +1.18% during US trading. Following a move above the 0.9568 resistance, the Danske Research Team points to resistances at 0.9651. On the decline, the pair will face supports at 0.9447, ahead of 0.9438, and 0.9407. USD/CHF positive expectations remain “The USD/CHF is still trading around 0.9485, but failed to stabilize above Linear Regression Indicators supporting the intraday positive outlook. In general, we hold on to our positive intraday expectations today unless the pair breaks 0.9400 levels supported by the bullish harmonic pattern.” notes the Technical Analyst Team at ICN.com. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 04, 2013 OctaFX.Com News Updates

OctaFX.com- Success stories from Round 15 winners revealed!! Dear traders! We are glad to announce that OctaFX Champion Round 15 has been successfully finished. New 16th Round has started on July 1 and is gaining momentum! OctaFX Champion Demo Contest offers you a unique chance to test your trading skills and compete for the prizes! Everyone can participate and the winners can withdraw their prizes or even use them for live trading. OctaFX congratulates Round 15 winners! Mr. Diego Reppie showed the best results. He gets 500 USD for his 1st place Mr. Сheng Luo finished in 2nd place. He receives 300 USD Ms. Maria Karpova took the 3rd place. One hundred USD goes to her live account Another 100 USD receives Mr. Rinku Lath for coming last! Well done! As usual, we publish short interviews with the winners. We hope you will find their experience helpful. What is the key factor of your success? Why are you better than everyone else? Q:Mr. Diego Reppie: As traders, we are required to be patient and disciplined. Therefore, only trading opportunities with the highest probability are playable. (Selecting Trades) A:Mr. Сheng Luo: I think my success, at present, is most likely based on my good luck, because I’ve just traded for less than half a year. A:Ms. Maria Karpova: For me the key is persistence! A:Mr. Rinku Lath: I am trading on a daily basis and watching the frequency & fluctuation of market very attentively. I know that every pair have its up and down twice to thrice a day & it helps to maintain the profit/loss level. I do not know if I am the better than others, as everyone tries to be better, but some get success and some fail. Q:Which is better, EA or manual trading? A:Mr. Diego Reppie: Both have their own advantages and disadvantages A:Mr. Сheng Luo: I normally trade manually. A:Ms. Maria Karpova: I do not use EA and I trade only manually. A:Mr. Rinku Lath: : Manual trading is better as per my opinion as it helps to generate more profits. Q:What trading tools are most preferred by you? Majors or exotic, and why? A:Mr.Diego Reppie: Focus on Majors to maintain constant profit rather than divided attention maintaining too many pairs and lost focus. A:Ms. Maria Karpova: I trade only EUR/USD. A:Mr. Rinku Lath: USD/JPY & EUR/AUD as I think they have more swings & if you trade them, you can get more profit. Most prefer to trade majors but I like exotic because they are the most interesting pairs. Q:How long does it take to become a good trader? A:Mr. Diego Reppie: A good trader knows the way to maintain discipline, to control emotions and uses money management. A:Mr. Сheng Luo: From my point of view, to become an excellent trader, in the context of constant update oneself with new knowledge and trade experience, requires at least one year. A:Mr. Rinku Lath: If anyone traded in shares than it becomes easy to learn currency. Also if you take chance to trade in Demo; it also helps to generate profit in real trading faster. However, you must use only 10% of the balance for any traded pair. It helps to gain maximum profit. We appreciate their responses! We take this chance to remind you that Round 17 starts on July 29. Participate and win your share of the prize pool! 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!

AUD/USD eases off highs FXstreet.com (New York) - The AUD/USD technical pair retreated off session highs at 0.9183 Thursday, easing slightly during US trading in recent moments. AUD/USD holds onto the majority of its gains At the time of writing, the AUD/USD is still notching steadfast gains at +0.80% above it’s opening, navigating the region of 0.9160 presently. The Mataf.net analyst team has identified the next short-term measures of resistance at 0.9181 (session highs), then 0.9263, and 0.9335. Alternatively, support lies below at 0.9027, then 0.8955, and ultimately 0.8873. AUD/USD slide below 0.85/90 2014 range According to the TD Securities Team, “After two months of underperformance, we remain more bearish on the AUD overall. In fact, we have changed our call on the RBA (now expecting another 25bps rate cut by year end) and have accordingly cut our AUD outlook through this year and next. We now forecast the AUD/USD to trade closer to 0.90 for the second half of this year, and slide to the 0.85/90 range over 2014.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 04, 2013 OctaFX.Com News Updates

USD/JPY settling at support FXstreet.com (New York) - The USD/JPY foreign exchange rate has instigated a minor recovery Wednesday, with the markets gripped in risk appetite during US trading. USD/JPY trading at support In these moments, the USD/JPY technical pair is still down -0.84%, navigating the region of 99.78 during US trading. Mataf.net analysts postulate the next supports at 99.84, ahead of 99.02, and 98.52. USD/JPY could turn lower in coming days According to the TD Securities Team, “The JPY is the G10 outperformer and the USD/JPY could also be heading for an outside range day that would foretell a turn toward lower levels in the days ahead. Considering the large spec net short position out there at the moment, the JPY may be at risk of a short squeeze.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 03, 2013 OctaFX.Com News Updates

OctaFX.com- OctaFX.Com - SWAP FREE ACCOUNT Due to growing demand OctaFX introduced swap-free accounts. Whether your beliefs or trading strategy requires swap-free trading, you can always open a swap-free account at OctaFX. You can always apply for swap-free account at registration, no matter whether you choose Micro or ECN account. No overnight charges will be applied to your account. OctaFX respects various trading strategies and does its best to meet every possible client's requirements and expectations. To apply for a swap-free account please check the box "swap-free" when opening your account. Your account will be automatically assigned a swap-free status. Join OctaFX today and start your 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!

USD/JPY rockets to session highs FXstreet.com (New York) - The USD/JPY foreign exchange rate surged to session highs Tuesday during US trading, advancing steadfastly as the USD strengthens across the board. USD/JPY trading at resistance In these moments, the USD/JPY technical pair is botching a robust gain of +1.05%, establishing fresh highs at 100.71. According to the Danske Research Team, following a break above the 100.47 resistance, the pair will face the next measure of correction at 100.73. USD/JPY path clear towards 105.00/106.00? According to Head of Global Markets Research Tim Riddell at ANZ, “As the USD/JPY continues towards the secondary squeeze target of 100.00, the biggest concern is that this is not merely a sharp corrective squeeze, but could be an early resumption of JPY weakness and a push towards 105.00-106.00.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 02, 2013 OctaFX.Com News Updates

EUR/GBP jumps into positive territory FXstreet.com (New York) - The EUR/GBP technical cross has rallied higher Tuesday, breaking into positive territory and threatening the 0.8600 level. EUR/GBP cannot breach 0.8600 barrier At the time of writing, the EUR/GBP has edged higher to the 0.8590 level, still below its earlier highs at 0.8597. Presently however, the cross is notching a +0.04% advance, after a rapid recovery during US trading. The Mataf.net analyst team has identified the next short-term measures of resistance at 0.8602, then 0.8621, and 0.8648. Alternatively, support lies below at 0.8556, then 0.8529, and ultimately 0.8510. EUR/GBP still looks to break higher According to the Analyst Axel Rudolph at Commerzbank, “The EUR/GBP nears resistance at 0.8596/97 (the May high and cloud resistance). However, very shortly the cloud will thin and the risk of a break out from the 0.8470-0.8597 range will increase. Following repeated tests and recovery off 0.8470 the favored direction is still for a break higher.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 02, 2013 OctaFX.Com News Updates

A newer faster server in Asia! Dear traders! OctaFX is all about making your trading convenient! We are expanding our services geography and range all the time. Due to rapidly growing demand we are announcing the new faster server for our clients in Asia-Pacific Region. Since the server is located in Malaysia, it means faster connection, even faster execution and great forex trading experience! Try it today! Please note that you don’t have to change anything in your MT4 software setup. Your MT4 will automatically connect to the fastest server in your area. 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!

EUR/USD operating slightly off its intraday highs FXstreet.com (New York) - The EUR/USD foreign exchange rate has hung onto its robust gains during the entirety of the US session, still navigating slightly off its intraday highs at 1.3070. EUR/USD trading above its 20 and 50-day SMA Presently, the EUR/USD technical pair is still operating positively at 1.3062, up +0.38% in these moments. Technically speaking, the pair is trading above both its 20 and 50-day SMA. EUR/USD a sell above 1.3055 According to the Danske Research Team, “We look to sell the EUR/USD at 1.3055, targeting 1.2934. Moreover, we recommend placing a stop at 1.3110. Resistances are found at 1.3076, onto 1.3110. On the decline, a break below 1.2985 will open up supports at 1.2956 and 1.2934.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 01, 2013 OctaFX.Com News Updates

EUR/JPY operating at intraday highs FXstreet.com (New York) - The EUR/JPY technical cross is now operating at intraday highs during US trading, gradually augmenting its gains throughout the day. EUR/JPY upside doesn’t subside The EUR/JPY is presently trading at intraday highs at 130.27, having jumped +0.83% above its opening Monday. After breaching resistance at 129.89, the Danske Research Team identified further levels of resistance at 130.70, onto 131.30. Conversely, supports are found at 128.27, ahead of 127.60, and 127.49. EUR/JPY further bullishness intraday According to Technical Analyst Team at ICN.com, “The EUR/JPY managed to breach the resistance of the minor descending channel, forming the upside continuation Flag Pattern that supports extending the upside move in the upcoming period. Therefore, we expect further bullishness over intraday and short term basis, targeting areas from 131.05 then 133.75 as far as the pair maintains stability above 128.55.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 01, 2013 OctaFX.Com News Updates

OctaFX.com- OctaFX awarded Best Customer Service Broker Asia 2013!! Dear Clients! We are extremely proud to announce that OctaFX has been awarded as the Best Customer Service Broker Asia 2013 by Global Banking and Finance Review. Global Banking and Finance Review is an online portal which provides informative and independent news for the global banking and finance industry. Global Banking and Finance Review has objective and respected editorial contributions from all major sectors, such as FOREX, Asset Management, and more. The editorial contributions are from various Central Banks, independent organizations and independent bodies. The readership comprises of senior decision makers from fortune 500 companies, large banks, financial institutions and Central Banks from 170 different countries. OctaFX has achieved tremendous success in terms of Customer Service this year. Huge resources were used to improve our Customer Service drastically. And when we talk about customer service we talk about customer trading experience first of all. Forex trading is the main service we offer and it must be flawless. During this year we have amazingly improved our trades execution making it one of the fastest among Forex brokers. We were one of the first to remove requotes, so much hated by the traders. Not a single requote was ever shown to OctaFX customers. Finally we have introduced the lowest ECN spreads, making our clients happy and satisfied. This has become true as a result of our hard work to provide the best customer service level in forex industry. We would like to thank the reviewers and jury, as well as all our clients who supported us. OctaFX has reached yet another success level and became a multi-awarded world-recognized broker. Our effort has been valued by the team of international market professionals, who picked winners from a vast number of brokers. It’s been a tough struggle. We are pleased to be the winners of such a valuable and precious award. We would like to thank the trader’s community once again for supporting us during this year and promise to offer more and more amazing services and promotions to our clients worldwide. 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!

US markets mixed as month-end flows weigh Fxstreet.com (Edinburgh) - Shares in the US markets are closing the quarter with gains on Friday, propped up by rebalancing month-end flows and better-than-estimated US consumer sentiment. The greenback is trading in the upper end of today’s range, hovering over 83.50 after climbing as high as the boundaries of 83.60. The DowJones is losing 0.15% while the Nasdaq and the S&P500 are advancing 0.47% and 0.14%, respectively. Markets in Euroland closed in a ‘sea of red’ after jitters regarding the probable next steps of the US monetary policy re-emerged amongst traders. The IBEX35 was the worst performer, down 1.04%, followed by the CAC40, 0.62% and the FTSE100, 0.45%. After piercing the key resistance at 1.3100, the single currency plummeted to the area of 1.2990 just to stabilize later around the current area of 1.3000/10. After the recent sharp sell-off, the ounce troy of the precious metal is recovering some ground, advancing 1.23% at $1,227. The barrel of WTI is following suit, up 0.18% at $97.19. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 28, 2013 OctaFX.Com News Updates

EUR/USD steadies around 1.3000 FXstreet.com (Córdoba) - Following a sharp dip, EUR/USD managed to find support and stabilized around 1.3000 during the American afternoon. EUR/USD finds support at 1.2990 EUR/USD dropped from the 1.3100 area to a 2-day low of 1.2990 during the New York session amid strong USD buying interest into the month- and quarter-end. However, the decline slowed just ahead of this week's lows, confining the pair to a narrow range over the last hours, with the Cyprus downgrade by Fitch having no effect on the EUR/USD. At time of writing, EUR/USD is trading around 1.3000, where it is 0.3% below its opening price, with immediate supports at 1.2984 (Jun 26 low) and 1.2955 (Jun 3 low). On the other hand, resistances line up at 1.3100 and 1.3150 (Jun 21 high). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 28, 2013 OctaFX.Com News Updates

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!

EUR/CHF consolidates above 1.2300 FXstreet.com (Córdoba) - The euro has accomplished gains versus most competitors on Thursday, supported by better-than-expected German employment data and upbeat EMU confidence surveys. EUR/CHF rallied over 80 pips throughout the day, breaking above the 1.2300 mark, to score a 1-week high of 1.2336 at the beginning of the NY session. However, the pair lost momentum during the American afternoon and retreated slightly. EUR/CHF moves off 8-week lows At time of writing, EUR/CHF is trading at the 1.2325 area, still up 0.5% on the day. EUR/CHF has been steadily edging higher over the last days after bottoming out at 1.2216 on Monday. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 27, 2013 OctaFX.Com News Updates

US data boost markets, dollar flat Fxstreet.com (Edinburgh) - Positive data from the US economy are propping up today’s upside, with markets advancing for the third consecutive session. Fed’s officials also added to the upbeat momentum after confirming that the next steps in monetary policy will remain data-dependent. The greenback, gauged by the US Dollar Index, is alternating gains and losses, although keeping the trade above 83.00 the figure. The DowJones is advancing 0.73%, followed by the Nasdaq, 0.77% and the S&P500, 0.67%. Bourses in Euroland closed with strong gains spurred by the good performance of the US data. The British benchmark led the winners advancing 1.26% and followed by the CAC40, 0.97% and the DAX, 0.63%. The EUR/USD is currently navigating around 1.3030 in a choppy session, despite the positive employment data from Germany and mixed results in the EMU from the consumer confidence and business climate. In the commodities’ realm, the barrel of WTI is gaining 1.57% at $97.01 while the once troy of gold is extending its decline, falling 2.55% at $1,199. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 27, 2013 OctaFX.Com News Updates

EUR/USD shakes off earlier negativity FXstreet.com (New York) - The EUR/USD foreign exchange rate refused to settle negatively (1.3000 session lows) and has thus jumped ahead and reclaimed its earlier gains during US trading EUR/USD unable to breach 1.3000 level After falling earlier towards the 1.3000 barrier, the EUR/USD subsequently bounced, bringing it to 1.3035 presently, or up +0.16% Thursday. The Mataf.net analyst team has identified measures of upward resistance at 1.3079, onto 1.3134, and ultimately 1.3181. Conversely, a push below the 1.3000 barrier will initiate support at 1.2977. EUR/USD move down to 1.2840 could come into play According to Xiomara Vargas at FXCM, “The EURUSD sliced through support at 1.3070/80 (38.2% Fib July 2012 low to February 2013 high, 50% Fib April low to June high) yesterday. A break here suggests 1.2960 and 1.2840 before the trend support off of the November and March lows comes into play.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 27, 2013 OctaFX.Com News Updates

OctaFX.com- Octawelcome 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 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. Start Now! 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!

GBP/USD in 3-week lows Fxstreet.com (Edinburgh) - The sterling continues to grind lower on Wednesday, dragging GBP/USD to fresh 3-week lows in the boundaries of 1.5330. GBP/USD heading to 1.5300 The sterling remained apathetic to the BoE’s Financial Stability Report and Osborne’s Spending Review, while it seems to be more affected by MPC’s Miles, who advocated for further easing. The pound is also taking the hit after dovish comments by ECB’s Draghi. Camilla Sutton, Strategist at Scotiabank noted that the outlook on the pair remains bearish in the short term, adding “with most signals in sell territory and spot suggesting building downside momentum. In addition, spot has broken through the 50-day MA of 1.5387 and now flirting with a break of the 100-day MA at 1.5312. We expect further near-term weakness with a test down to 1.5200 in the near-term”. Recall that the bank holds a year-end target of 1.45 for GBP/USD. GBP/USD critical levels As of writing, the pair is down 0.39% at 1.5361 with the immediate support at 1.5300 (psychological level) ahead of 1.5293 (50% of 1.4832-1.5753) and then 1.5290 (low Jun.5). On the flip side, a break above 1.5442 (high Jun.26) would open the door to 1.5480 (high Jun.25) and finally 1.5500 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 26, 2013 OctaFX.Com News Updates

USD/CAD bounces off support FXstreet.com (New York) - The USD/CAD foreign exchange rate has broken off a tight consolidation Wednesday, paring losses now after a 13 pip rise during US trading. USD/CAD paring losses Given the recent movement higher, the USD/CAD technical pair still has a ways to go before crossing the threshold into positive territory. Presently, the pair is now trading at 1.0485 in these moments, negotiating a decline of -0.28%. According to the Mataf.net analyst team, a further decline in the exchange rate will bring the USD/CAD to support at 1.0464, then 1.0417, and 1.0375. If the rally continues however, resistances will be encountered at 1.0553, then 1.0595, and 1.0642. USD/CAD bull trend has lost some momentum “The USD/CAD continues to consolidate – short-term price action and studies suggest that the bull trend has lost some momentum over the past day or so, leaving the door open perhaps for a deeper correction of the sharp gains seen over the past week, especially of losses accumulate just a bit more from here.” notes the TD Securities Team. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 26, 2013 OctaFX.Com News Updates

USD/CAD stabilizes in negative territory FXstreet.com (New York) - The USD/CAD technical pair has fallen lower during US trading, stabilizing in the region of 1.0470 Wednesday. In the United States, the EIA Crude Oil Stocks change (June 21) was reported at 0.018M, against expectations of -1.900M and compared with a figure of 0.313M previously. USD/CAD entrenched in negative territory At the time of writing, the USD/CAD is entrenched in negative territory, operating at 1.0472 in these moments, unable to shake a -0.40% decline off its opening. Despite the recent stagnation, the Mataf.net analyst team has identified the next short-term measures of support at 1.0464, then 1.0417, and 1.0375. Alternatively, resistance lies higher at 1.0553, onto 1.0595, and 1.0642. USD/CAD downside extension below 1.0530 According to the Technical Analyst Team at ICN.com, “The USD/CAD is trading a bit to the downside, which is expected to extend as long as the pair is stable below 1.0530. Meanwhile, the stochastic and RSI are reflecting the pair’s need for a downside correction.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 26, 2013 OctaFX.Com News Updates

OctaFX.Com - MASSIVE Spread Reduction at OctaFX! This is a revolution in lowering the spreads that happened in OctaFX! We have reduced major currency spreads! Now you can enjoy trading with as low as 0.2 pip spreads. They’ve never been that tight. 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!

Flash: Treasuries a buy on global volatility – RBS FXstreet.com (New York) - According to the RBS Research Team, “Global markets remain highly unsettled as rising volatility 'shakes down' months/years of policy-induced carry trades.” While we ultimately believe that the odds are against the US economy performing well enough to elicit a September tapering (especially given events of the past few weeks), we have little confidence that the positioning imbalances that have pushed rates higher (in emerging markets, MBS, dividend rich stocks, municipal bonds, REITS, etc.) have wrung themselves out. As such, we prefer to ride out the storm in cash or maybe front end Treasuries (2-years around key support ~0.40%) until there are clearer signs that investor positioning is better geared to a world of less central bank policy activism (US and China), elevated geopolitical risks (Middle East, Turkey, Brazil, etc) and renewed strains within the Eurozone. Total Treasury inter-dealer broker volume was 137% of the 10-day average through this morning. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 25, 2013 OctaFX.Com News Updates

EEUR/CHF recovery capped by 100-day SMA FXstreet.com (Córdoba) - After falling to a 7-week low on Monday, EUR/CHF found support and bounced, with the euro trimming losses along the day. EUR/CHF moves away from SNB danger zone On Tuesday, EUR/CHF has climbed more than 60 pips as the Swissy lost some of its safe-haven shine on better risk appetite, and reached a high of 1.2295 before the 100-day SMA halted the advance. At time of writing, EUR/CHF is trading at the 1.2285 area, where it records a 0.4% daily gain. In terms of technical levels, EUR/CHF could find immediate resistances at 1.2295 (daily high/100 day SMA) and 1.2350 (Jun 20 high), while supports are seen at 1.2230 (daily low) and 1.2215 (200-day SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 25, 2013 OctaFX.Com News Updates