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Everything posted by OctaFX_Farid
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OctaFX .com-OctaFX wins “Best broker Central and Eastern Europe” and “Best Broker Central Asia” at the World Finance Awards 2013 Our priority has always been providing the most comfortable trading experience for our clients. Undoubtedly, the most desired and treasured award for us is recognition by our clients and a fast-growing number of them. The hard work of OctaFX team has been noticed! In 2012 OctaFX has been awarded as “Fastest Growing Micro Forex Broker” by Global Banking and Finance Review However, we never stop improving our performance! In 2013, OctaFX has won three awards! For the second year in a row, Global Banking and Finance Review have recognized us as Best Customer Service Broker Asia 2013. This year we have also received two prestigious awards “Best Broker Central Asia” and “Best Broker Central and Eastern Europe” at the World Finance Awards. World Finance magazine (published by World News Media, London) is one of the leading and most competent financial publications all over the world. Since 2007, World Finance has been publishing the rating lists of the best companies in different financial sectors and branches. It is a great success of OctaFX to won two awards this year! We are happy to be the winners and we would like to thank the World Finance team, our customers and followers for the high evaluation of our efforts! These achievements represent that OctaFX is moving forward to be the leader of the Forex industry. We are constantly evolving and improving services as well as developing innovative services. Here, at OctaFX, we take pleasure in providing our customers with top brokerage service and comfort! 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!
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OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
EUR/USD clings to 1.3100 FXstreet.com (Córdoba) - Despite some intraday volatility, EUR/USD is trading little changed on the day around 1.3100, mark that has acted as a magnet to the pair on Monday. EUR/USD consolidates around 1.3100 EUR/USD saw a short-lived dip to a 3-week low of 1.3058 at the beginning of the New York session but the USD lacked momentum to drag the pair below that level. With the subsequent bounce capped by the 1.3115 zone, EUR/USD was confined to a phase of consolidation around 1.3100 where it is nearly flat on the day. As for technical levels, a break above 1.3122 (daily high) could pave the way to the 1.3200 level and 1.3245 (100-hour SMA). On the other hand, if the pair falls below 1.3058, next supports are seen at 1.3040 (Jun 4 low) and 1.3000 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 24, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: AUD/USD faces bearish extension – UBS FXstreet.com (New York) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's commodity-based currencies and outline the technical positions. In terms of the AUD/USD, “The pair faces a strong support 0.9143. A closing break below this would be further negative. Resistance is at 0.9313 ahead of 0.9415, suggesting a bearish outlook.” The pair is moving higher and posting new highs – resistance is at 1.0524 ahead of 1.0658. Support is at 1.0363. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 24, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
USD/CHF entrenched in negative territory FXstreet.com (New York) - The USD/CHF technical pair has been trading sporadically Monday, having oscillated continuously during US trading, whilst easing shortly after. USD/CHF continues to swing Presently, the USD/CHF is now operating in negative territory at 0.9342, down -0.31% in these moments. According to the analyst team at Mataf.net, supportive structures will trigger at 0.9281, ahead of 0.9198, and finally 0.9155. Conversely, the pair will face resistance at 0.9407, ahead 0.9450, and eventually 0.9533. Earlier today in the United States, the Chicago Fed National Activity Index (May), which was reported at -0.3, compared with a figure of -0.52 previously. Moreover, the Dallas Fed Manufacturing Business Index (June) came in at 6.5, climbing from a previous figure of -10.5 in May. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 24, 2013 OctaFX.Com News Updates -
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. Please feel free to open a new welcome bonus account on the bonus page. We would like to thank you for trading with OctaFX and being our client. Start your successful trading with OctaFX today 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!
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OctaFX.com- Happy Weekend to all 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!
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OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: 10-year US treasuries offer nice buys long-term – RBS FXstreet.com (New York) - According to the RBS Research Team, “The odds favor a September start to Fed tapering, with the burden of proof on the data to prove otherwise. Our read after the Fed was that 10-years were likely to test towards key 2.40% support between now and payrolls, but we have already broken it.” In addition, we favored covering shorts at the close yesterday but have not moved to buy recommendations and still have not. “We like the market long term and 2.40% support is key (watch the close), but its overnight breaking and the fact that the charts are not yet oversold, positions still need to be flushed (and are not yet short), and sentiment is not quite extreme makes us wait. Wait for daily momentum to cross bullishly and weekly momentum to get a bit more oversold and let this one play out.” the team recommends. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 20, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: 10-year US treasuries offer nice buys long-term – RBS FXstreet.com (New York) - According to the RBS Research Team, “The odds favor a September start to Fed tapering, with the burden of proof on the data to prove otherwise. Our read after the Fed was that 10-years were likely to test towards key 2.40% support between now and payrolls, but we have already broken it.” In addition, we favored covering shorts at the close yesterday but have not moved to buy recommendations and still have not. “We like the market long term and 2.40% support is key (watch the close), but its overnight breaking and the fact that the charts are not yet oversold, positions still need to be flushed (and are not yet short), and sentiment is not quite extreme makes us wait. Wait for daily momentum to cross bullishly and weekly momentum to get a bit more oversold and let this one play out.” the team recommends. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 20, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
USD/CHF spikes and retreats after US data FXstreet.com (Córdoba) - The USD/CHF saw quick spike after the Philly Fed manufacturing index came out stronger than expected, boosting the USD across the board. USD/CHF spike short-lived However, USD/CHF is back to pre-data levels as the greenback is having a hard time finding momentum as indicators correct from overbought levels following the sharp USD rally. At time of writing, USD/CHF is trading at the 0.9295/0.9300 area, where it records a 0.2% gain on the day and having hit a 10-day high of 0.9360 during the European trade. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 20, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: Markets supportive of Bernankes language - BMO FXstreet.com (London) - Stephen Gallo at BMO feels that Bernanke’s usage of the word “measured” as regards to his description of how asset purchases might be wound down in future was an interesting Greenspan-era “twist”, which gives balance sheet shrinkage an important “tightening feel” to it. He said that although QE tapering is not by any means an actual tightening of policy, from the dual perspectives of market psychology perspective and asset prices, it will almost certainly feel as if it is. For now, however, he would tend to argue that this may be precisely what the Fed wants in order to gradually restore a sense of normality to things, and force market participants to allow fundamentals to drive overall behaviour and broader market conditions going forward. Unsurprisingly then, he say’s, overall conditions this morning in London were supportive of a new layer of QE tapering-adjustment (i.e in terms of USD strength, weakness in equities, strength in bond yields and weakness in high-yield FX), but things generally had a “controlled” feel to them, which is rather important in their view. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 20, 2013 OctaFX.Com News Updates -
OctaFX.com- Updated and more convenient economic calendar from OctaFX Dear traders! OctaFX is constantly working on the improvement and enhancement of our services. We are considering your feedback and doing our best to make your trading experience convenient. With this in mind, we are proud to present our new and updated Economic Calendar . Now you can view all the important news releases, sort and filter them in the way you like it. This will keep you updated about all the news in the market. You can also set your time zone to know exactly the time of a particular news release. We have several other great features in development, so please stay tuned for the news. Thank you for trading with OctaFX. Start your successful trading with OctaFX today Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
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OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
US equities pause ahead of FOMC FXstreet.com (New York) - The US stock market tepidly opened to the downside, with the FOMC on tap later this afternoon at 18:30 GMT. Beginning with the indices and composites, the NASDAQ fell -0.10% as it settles in region of 3478.65, down -3.40 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1648.35, descending -3.29 points or -0.20% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 15282.41, presently -0.18% after a movement of -35.82 points. Sectors are mostly lower at the opening, however the Telecommunications and Energy sectors have distinguished themselves as the losers thus far, falling -0.62% and -0.24% respectively. Moreover, the price of gold has settled at $1374.58 per oz., while silver is now negotiating a spot price of $21.73 per oz. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 19, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: BoC Poloz Speech – TD Securities FXstreet.com (London) - TD Securities research teams remind us that BoC Governor Poloz makes his maiden public speech this afternoon/ early eve. Mr. Poloz speaks at 12.40ET and his comments will hit the wires just before at 12.25ET. There is an audience Q&A at the event and there will be a press conference after at 14.15ET. At his recent parliamentary appearance, the new BoC Governor’s position on many things sounded just like his predecessor’s so locals may be excused for focusing more on developments in Washington if a similar tone is struck today, explains the teams at TD Securities. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 19, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: Gilts poised for bullish correction – RBS FXstreet.com (New York) - The price of Gilts is poised for a recovery, as the MACD has turned bullish and candlestick’s Dragonfly Doji followed by a bullish engulfing marked a local bottom. According to Technical Strategist Dmytro Bondar at RBS, “There is however a strong obstacle in the way – 20-day MA, which proved to be a trailing support/resistance. A break above is required to see a recovery to 116.26 and potentially 116.87.” Yield’s negative divergence with the slow stochastic confirms the market is likely to see a bullish correction to 1.94%, which is the 38.2% retracement from the same move and the level of 100-day MA. However, after the correction is completed, the long-term bearish view would come into play again with 2.27% in focus. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 19, 2013 OctaFX.Com News Updates -
OctaFX.com.Com - No-Deposit Bonus 8 USD + 30% Bonus on each deposit OctaFX .com Octa Markets Incorporated is a worldwide recognized forex broker. OctaFX provides forex brokerage services to its clients in over 100 countries of the world. OctaFX uses the most up-to-date technology and knowledge to make your forex trading experience outstandingly convenient. Our top goal is the trust and satisfaction of each client's need and requirements. OctaFX sets the highest service level standards and maintains them as well as constantly develops new services and promotions. We are Regulated: Start your successful trading with OctaFX today Customer Support and contact details support@octafx.com nfarid@octafx.com info@octafx.com China Toll Free Phone 4001-200970 Indonesia Toll Free Phone 001-803-015-203-9780 Malaysia Toll Free Phone 1-800-815-304 Belgium +32 2792 4855 © 2012 Octa Markets Incorporated Business license no. 19776 IBC 2011 Legal Address: Cedar Hill Crest, Villa, Kingstown, St. Vincent and the Grenadines 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!
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OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: USD recovery no sure thing – RBS FXstreet.com (Córdoba) - Fitch Ratings affirmed Switzerland AAA long-term rating Tuesday while keeping a stable outlook on the country. Fitch cited diversified and wealthy economy, strong public finances and Switzerland's strong external finances and institutions. The stable outlook reflects Fitch's assessment that the downside risks to the 'AAA' rating are currently not material. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 18, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Cyprus calls for bailout redesign to avoid country's collapse FXstreet.com (San Francisco) - The Cypriot president Nicos Anastasiades has asked Eurozone leaders for the redesign of it €10Bn bailout approved in March. In a last's week letter obtained by Financial Times, Anastasiades said that the bailout was “implemented without careful preparation” wiping out the working capital of Cypriot industry. The president warned the Troika that the "economy is driven into a deep recession, leading to a further rise in unemployment and making fiscal consolidation all the more difficult." Anastasiades also urges leaders "to review the possibilities in order to determine a viable prospect for Cyprus and its people." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 18, 2013 OctaFX.Com News Updates -
OctaFX.com-New updated Personal Area in Mandarin! Dear customers! OctaFX is rapidly moving on in its development, which has been recently confirmed by a number of prestigious awards (http://www.octafx.com/company/awards/). Today we are proud to announce that our Personal Area is available in Mandarin Chinese! We value our customers from China greatly and therefore doing our best to make your experience with OctaFX as flawless and convenient as possible. Now Personal Area speaks your language! Your OctaFX Personal Area is designed to manage your OctaFX account. You can deposit, withdraw, make internal transfers, take part in our great contests, view account stats, manage your profile and many-many more using OctaFX Personal Area. In the nearest future we are planning to introduce even more languages in OctaFX Personal Area to make it closer to you and more convenient! Thank you for trading with OctaFX and wishing you best luck! 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!
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OctaFX .com -Indonesian local bank deposits now available! Dear traders! We are glad to inform you that the long-awaited deposit opportunity is now available. OctaFX launches Indonesian local bank deposits via FasaPay payment system. Whether you have a BCA or Mandiri or any other bank account in Indonesia, you can now easily deposit and withdraw from your account in Indonesian Rupees via FasaPay! All you need is an account with FasaPay. FasaPay allows you to deposit your account in seconds with Indonesian local banks. Here is how to do it: Open an account with FasaPay Load funds into your FasaPay account Deposit your OctaFX real account with FasaPay You can find a detailed guide on the FasaPay account opening and deposit here. We are glad to make deposit and withdrawal options easier for our respected clients from Indonesia! 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!
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OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: USD/CAD faces bearish headwinds – UBS FXstreet.com (New York) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's commodity-based currencies and outline the technical positions. In terms of the AUD/USD, “The pair is consolidating; however with the MACD below its zero line upside should be limited with resistance at 0.9731. Support is at 0.9416 ahead of 0.9326, suggesting a bearish outlook.” In addition, in looking at the USD/CAD, our focus is on the key support at 1.0120 ahead of 1.0027. Meanwhile resistance is at 1.0226 and is indicating a bearish outlook. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 17, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
USD/CAD remains capped by 100-day SMA FXstreet.com (Córdoba) - As most pairs in the FX space, the USD/CAD has spent most of the day in quiet consolidation, as investors' focus turns to central banks. Having bounced from a low of 1.0150 during the European session, USD/CAD managed to trim losses but the recovery was short-lived as the pair was capped by the 100-day SMA at the 1.0180 zone. At time of writing, USD/CAD is trading at the 1.0170 area, where it is virtually unchanged since opening. Central banks eyed In the absence of major data, the pair will likely remain within a tight range till Wednesday when the Fed will decide on monetary policy and release its economic projections and Bank of Canada Governor Stephen Poloz will make his first public speech. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 17, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
GBP/USD continues drifting higher FXstreet.com (London) - GBP/USD is drifting higher still, from printing below the figure this morning to record recent highs in 1.5750’s. GBPUSD has reclined a little back down along the 200d ma and is currently oscillating in the 1.5730 and 1.5740’s again while a bullish NAHB Housing Market Index was just printed for the Us economy as 52 against previous 44 and consensus of 45. The market is mostly awaiting FOMC and a raft of other data for an indication for where the next hint of any tapering might appear in the US. For the UK, we wait for further signs to see whether the economy can stay on track for a recovery. GBP/USD downside risk Technically GBP/USD may find it tuff to continue much higher until there are more confirmations that the risk of tapering the QE programme in the US will not be commencing in the near future and that the UK economy really is improving. Analyst at Commerzbank, Karen Jones, said a break below the 1.5490 June 7 low is needed to alleviate immediate upside pressure and signal a slide back to the 55 day moving average at 1.5352 en route to the base of the channel at 1.5044 OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 17, 2013 OctaFX.Com News Updates -
OctaFX.com- Happy Weekend to all OctaFX wins “Best broker Central and Eastern Europe” and “Best Broker Central Asia” at the World Finance Awards 2013 OctaFX awarded Best Customer Service Broker Asia 2013! OctaFX.com-A newer faster server in Asia! 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!
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OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
AUD/USD returns to sub 0.9600 FXstreet.com (Edinburgh) - The AUD/USD is netting strong gains during the week, managing to recover ground from multi-month lows around 0.9320 on Tuesday to Thursday’s tops near 0.9670. AUD/USD posed for further pullbacks However, the pair would resume its more ample negative trend as soon as the USD extreme positioning reverses and the Fed’s ‘tapering’ returns to the headlines. In the view of I.Spivak, Currency Analyst at DailyFX, “Prices are attempting a recovery from support at 0.9388, the 38.2% Fibonacci expansion, as expected. A break above near-term resistance at 0.9542, the 23.6% level, exposes the June 3 high at 0.9791. Alternatively, a push beneath 0.9388 exposes the 50% Fib at 0.9264”. Key levels to watch in AUS/USD At the moment the pair is retreating 0.53% at 0.9588 and a breakdown of 0.9571 (MA10d) would open the door to 0.9567 (low Jun.14) and finally 0.9430 (low Jun.13). On the upside, resistance levels are located at 0.9675 (high Jun.4) ahead of 0.9792 (high Jun.3) and then 0.9828 (high May 22). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 14, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: Monetary policy needs revamping in Nordic countries? – Goldman Sachs FXstreet.com (New York) - “Much has been made of the below-target inflation in Scandinavia, which is the result of external factors (exchange rate and foreign prices) that are largely exogenous to the Riksbank and Norges Bank.” notes the Economics Research Team at Goldman Sachs. Domestic inflation is currently around target and a sizeable easing would be required to raise domestic inflation sufficiently to reach the aggregate inflation target in the near term. Such easing would come with risks: creating a sizeable domestic boom risks spurring excessive credit growth and would likely result in more volatile monetary policy in the medium term. According to the team, “This suggests that small (very) open economy inflation targeters, such as the Riksbank and Norges Bank, should adopt a longer-than-usual time horizon for monetary policy.” The Riksbank and Norges Bank appear effectively, although not officially, to have done this. This underlies our view that both central banks will hike in 2014, despite a below-target inflation rate, as imported inflation (exogenously) reverses its recent declining trend, and in order to limit the upward trend in domestic inflation and credit growth. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 14, 2013 OctaFX.Com News Updates