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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/GBP falls back below 0.8500 FXstreet.com (San Francisco) - After bouncing at 0.8495, the EUR/GBP's recovery was capped at 0.8525 with the pair trading back to previous lows. Currently the pair is trading at 0.8500. The EUR/GBP is 0.48% negative on the day right now. Short term perspective is strongly bearish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish. As for technical levels, immediate resistances are seen at 0.8525 (intraday level) and 0.8545 (daily high), while supports could be found at 0.8495 (daily low) and 0.8475 (May 14 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 5, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
USD/CHF hits 1-month low FXstreet.com (Córdoba) - The US dollar fell to a fresh 1-month low versus the Swiss franc following mixed economic data for the US. USD/CHF initially found support at the 0.9420 area but recently broke below that level and stretched to its lowest since May 9 at 0.9410. However, the pair has managed to bounce from lows and it is currently trading around 0.9435, still down 0.3% on the day. In terms of technical levels, immediate supports could be faced at 0.9410 (daily low) and 0.9390 (100-day SMA), while resistances are now seen at 0.9490/95 (daily highs) and 0.9520 (100-hour SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 5, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
NZD/USD dips further, around 0.7945/50 FXstreet.com (Barcelona) - The kiwi dollar is giving back its weekly gains so far, now hovering over the mid 079s after hitting highs above 0.8060 overnight. According to I.Spivak, Currency Strategist at DailyFX, “Prices put in a Bullish Engulfing candlestick patter above major support at a rising trend line set from June 2009, hinting a move higher is ahead. Initial resistance is at 0.8112, the 23.6% Fibonacci retracement. A break above that targets the 38.2% level at 0.8219. Trend line support is now at 0.7893”. The NZD/USD is now retreating 0.90% at 0.7946 facing the immediate support at 0.7937 (low May 31) ahead of 0.7922 (61.8% of 0.7456-0.8670) and finally 0.7915 (low Sep.5 2012). On the flip side, a surpass of 0.8061 (high Jun.5) would open the door to 0.8072 (MA10d) en route to 0.8111 (23.6% of 0.8676-0.7937). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 5, 2013 OctaFX.Com News Updates -
OctaFX.com- OctaFX.Com - Our Client's Funds Security is Our Top Priority. Our client's funds security is our top priority. With OctaFX you can be absolutely sure your deposits are secured in every possible way. Here are some of the measures we take to ensure funds protection: Segregated Accounts In accordance with the international regulation standards OctaFX uses segregated account to keep protected customers' funds segregated from the company's balance sheets. This makes your funds secure and untouched. SSL-protected Personal Area We use highly secured technology to protect your personal data and financial transactions. SSL-secured Personal Area is protected with 128-bit encryption, which makes your browsing safe and your data inaccessible to any third parties. Account verification OctaFX recommends you to verify your account by submitting your personal ID scan and an address proof. This simple measure will make sure your transactions are authorized and secured. Secure withdrawal rules Since a withdrawal from a real account requires an email confirmation, no one can ever access your account but yourself. It is also required that you use the same payment details for deposits and withdrawals. Thus, under no circumstances can OctaFX transfer your withdrawal to an unauthorized third party. 3D secure Visa/Mastercard authorization We apply 3D secure technology when processing credit and debit cards. This technology makes all the Visa/Mastercard transactions transparent and safe. Advanced protection OctaFX technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. They have developed and maintain top level protection, so any data loss, damage or other technical issues are highly unlikely. 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: UK Construction PMI offered upside surprise – Brown Brothers Harriam FXstreet.com (London) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that the UK construction PMI offered an upside surprise, following yesterday's better than expected manufacturing PMI. “We are struck by the rebound that has been recorded since the 46.8 reading in February (to 50.8 in May). On top of that the BRC sales figures (1.8% in May vs. consensus of 1.3%) suggest that perhaps the CBI distributive trades survey was too pessimistic. Sterling is trading with a heavier bias, straddling the $1.53 level through the London morning”. He went onto say that the 5-day moving average is crossing above the 20-day average for the first time since mid-May, a constructive technical development and provided the $.5240 area holds, sterling can retest the $1.5400 area. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 4, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
EUR/CHF muted at 1.2400 FXstreet.com (London) - Surprisingly, the EUR/CHF has remained onto the 1.2400 handle since the release of EMU Producer Price Index (YoY) that arrived in at -0.2% in April, vs. expectations of +0.3%. Analysts teams at ANZ said that the “…bias since late-2012 has been for an eventual break through 1.2650 (38.2% of the fall from 2007’s 1.6830 high) for a range flip towards the next retracement and so a target zone of 1.3260-1.3450. However, failure to breach 1.2650 and sliding back into the 1.2350-1.2450 area is unwinding upside potential. A sharp move above 1.2550 is needed to avoid a return to dull range trading”. Support is seen at 1.2380 ahead of 1.2350 with the ECB on Thursday as the main event in focus for the pair this week. USD/CHF continues to be offered weighing on the cross. In the opinion of Commerzbank, the USD/CHF’s correction lower has extended lower towards the 200 day ma at 0.9358, the intraday charts have turned more negative and at this stage they are unable to rule out further weakness to the 0.9324 2013 uptrend, which they look to ideally hold. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 4, 2013 OctaFX.Com News Updates -
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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@Adnan, Its, 100% free real bonus for every new customer who can trade with real money either its small or big because, everyone have chance to take advantage by this special offer. We wish you happy 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!
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OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
AUD/USD soars, reaches pass 0.9760 FXstreet.com (Buenos Aires) – Aussie extended its advance to a fresh 2-week high above 0.9760, having been positive since early weekly opening, favored by positive Chinese data released past Saturday. Having been grinding higher for most of the European session, US disappointing data and the promise of a lively future for QE, gave the pair a reason to recover ground, after being steadily bearish for over the past 3 weeks. While short term technical readings suggest now an upward continuation, the pair has not yet filled the weekly opening gap around 0.9570. Immediate resistance comes at 0.9777, May 23rd daily high, followed by 0.9820 price zone, 20 DMA. Supports are at 0.9710, May 17th daily low, followed by strong static 0.9660 level. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 3, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
US sells $30 Bn of 3-month bills at 0.045% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 3, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: USD/CHF could extend correction with push below 0.9527 – UBS FXstreet.com (Barcelona) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's majors and outline the technical positions. Beginning with the USD/JPY, the potential is for extension of the correction phase. The next important support is at 99.58 ahead of 97.02. Resistance is at 101.80 ahead of 103.74, suggesting a neutral outlook. As for the GBP/USD, “There is a major resistance at 1.5308. As long as this holds, the pair is vulnerable as bearish conditions prevail and a break below 1.5111 would expose 1.5009, suggesting a bearish near-term outlook.” Finally, regarding the USD/CHF, with bull trend in place, the recent downside move should be limited in time and extent, which has tested support at 0.9527. A closing break below would prolong the correction to 0.9431. Resistance is at 0.9651 ahead of 0.9791. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 3, 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!
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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 keeps 1.3000 after US PCE FXstreet.com (Barcelona) - The euro remained apathetic after the US inflation figures, in terms of the PCE, came in below market forecasts during April. In fact, the Core Personal Consumption Expenditures posted an annualized increment of 1.1%, a tad higher than the median, while the rest of the readings came in below forecasts. The headline advanced 0.7% on a yearly basis and contracted 0.3% inter-month. Further data showed that Personal Income came in flat while Personal Spending contracted 0.3% during the same period. The pair is now losing 0.37% at 1.3001 and a violation of 1.2965 (MA21d) would target 1.2934 (low May 30) en route to 1.2931 (MA10d). On the other hand, resistance levels line up at 1.3062 (high May 30) ahead of 1.3072 (61.8% of 1.3243-1.2796) and then 1.3114 (MA100d). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 31, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
Flash: EUR/USD holds bearish bias – BTMU FXstreet.com (Barcelona) - Bank of Tokyo Mitsubishi UFJ analysts expect EUR/USD to hold a bearish bias ahead and range between 1.2850 and 1.3200. They begin by noting that they expect the euro to weaken modestly in the week ahead with EUR/USD increasingly struggling to trade above the 1.30-level. They see that the euro is being undermined against the US dollar by rising real yields in the US supported by heightened investor expectations that the Fed may taper QE in the coming months. Further, the release of the non-farm payrolls report for May will prove crucial for near-term dollar direction. They add that unless the report reveals that employment growth has weakened materially, the US dollar should continue to trade on a firmer footing. US dollar direction will also be impacted by the release of the latest PCE deflator report for May. Overall, they feel that a weaker US dollar could result if disinflationary pressures exceed expectations pushing back Fed QE tapering expectations. They finish by commenting that, "The main event for euro direction will be the upcoming ECB meeting. We expect the ECB to leave monetary policy unchanged although it remains a close call. With President Draghi likely to maintain an easing bias, an unchanged policy stance will likely still weigh modestly upon the euro. Any signal that the ECB is moving closer to implementing negative deposit rates would weigh more heavily." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 31, 2013 OctaFX.Com News Updates -
OctaFX.com-Deposit your OctaFX account with Moneybookers! OctaFX is all about meeting the clients' needs and requirements. We are introducing the most popular account deposit options for our clients. We introduce now account deposit by Moneybookers (Skrill). It’s never been that easy to deposit your account by Moneybookers. The deposit is instant and free! To deposit your account by Moneybookers please and follow the wise deposit wizard. Your account will be deposited in the shortest terms. 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/JPY testing higher FXstreet.com (London) - The EUR/JPY has rocketed from 130.20 to test 132.00 throughout the European day. The EUR/USD has drifted higher nicely while the Yen has also gained some 180 pips on the day, moving well away from the 100.00 mark which was anticipated from overnight moves lower. EUR/JPY is still some way off from the top side of the previous ascending trend line and downside risk applies with closes below 131.60 and 132.50 resistance lines set up last week as a double top before the break of the supporting line. The majority of the market is not expecting the ECB to follow through with the mentions of negative interest rates, for now. Meanwhile, Japanese officials speaking of late have had little calming effect on JGB or equity markets. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 30, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
EU to lower the tax on financial transactions FXstreet.com (Barcelona) - According to Reuters, the EU is considering considerably scaling back the financial transactions tax, in the light of the banking sector's and the UK's firm opposition towards the measure. European officials plan to impose a small levy of 0.01% (compared with the previous proposition of 0.1%) initially only on share transactions. After assessing the first impact of the FTT it will be decided whether other types of products should be taxed as well. Under the current proposition, the EU would raise only up to 3.5 billion euros a year, instead of 35 billion euros, as initially planned. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 30, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
EUR/USD edges higher as US data disappoints FXstreet.com (Córdoba) - EUR/USD bounced from session lows and spiked to the 1.2980 area after data showed US GDP was revised slightly lower to 2.4% from 2.5% in Q1, while jobless claims unexpectedly rose to 354K last week. Soft growth and employment data undermined expectations that the Fed could begin to taper its bond buying program and weighed on the greenback, which was staging a mild comeback ahead of the data. EUR/USD rose nearly 30 pips within the last minutes, but has been capped by 1.2980 so far. At time of writing, EUR/USD is trading at the 1.2970 zone, where it is still up 0.2% on the day. On the upside, immediate resistances are seen at 1.3000 (psychological level) and 1.3020 (200-day SMA), while supports are seen at 1.2930/20 (daily lows/100-hour SMA) and 1.2880 (May 28 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 30, 2013 OctaFX.Com News Updates -
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. 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
Flash: BoJ fails to create waves – Deutsche Bank FXstreet.com (Barcelona) - In Japan, 10yr JGB yields are up 4bp as they edge closer to the 1% mark – Kuroda's speech at a BoJ conference had little effect on markets with the Governor's key message being that no financial system is perfect in the face of global uncertainty. In other BoJ-related headlines, there were some interesting comments PM Abe's economic adviser, Koichi Hamada, who was quoted as saying that Korea "shouldn't blame" the Japanese central bank if Korean growth slows due a weaker yen, but instead "they should demand the Korean central bank have a proper monetary policy". Hamada also urged Kuroda to ease monetary policy further should it be needed. According to Macro Strategy Analysts J. Reid and C. Tan at Deutsche Bank, “The news comes as PM Abe unveiled a 5yr plan that details a number of structural reforms to achieve growth, but the issue of corporate tax rate cuts is reportedly undecided at this stage.” Attention then shifted to the BoJ's meeting with JGB-market participants later today, which may provided more detail on the central bank's upcoming market operations. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 29, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
EU extends budget deficit reduction targets for six Member States FXstreet.com (Barcelona) - According to the economic guidelines for the 27 EU Member States, published by the European Commission on Wednesday, more emphasis should be put on measures aimed at spurring growth in the area, rather than on austerity. “Now is the time to step up the fundamental economic reforms that will deliver growth and jobs, which our citizens, especially our young people, anxiously expect,” European Commission president José Manuel Barroso said at a press conference following the release of the national budgets review. “This is the only way to address the two lasting legacies of this crisis – the serious loss of competitiveness in many of our Member States, and persistent unemployment, with all its social consequences.” Brussels announced that six EU countries had been granted more time to bring down their budget deficits below the 3% of GDP limit. France, Spain, Poland, Slovenia will have two more years for implementing structural reforms while the Netherlands and Portugal were given one extra year. At the press conference José Manuel Barroso said that France is expected to use the additional time to realize labor and pension reforms and deal with its economic competitiveness problems. On the other hand, the European Commission recognized Italy's success in reducing its deficit below the 3% limit and eliminated it from the list of EU countries under the 'excessive deficit procedure' together with Hungary, Latvia, Lithuania and Romania. Barroso stressed however that the country should continue carrying out its austerity program, as its national debt still exceeds 120% of GDP. EU leaders are expected to give the green light to the recommendations during the June summit. Marc Chandler, Global Head of Currency Strategy at BBH comments on European Commissions decisions: “Barroso wants countries to use the 'grace period' to take the structural reforms necessary to boost competitiveness. This of course is easier said than done. What needs to be done seems clear. We think that World Bank's Doing Business studies offer insight into low hanging fruit to bolster entrepreneurial activity, from easing the procedures and costs to start a business, register property, through closing businesses. The problem, at the risk of over simplifying, political in nature--the balance of power between rent seekers and profit-seekers.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 29, 2013 OctaFX.Com News Updates -
OctaFX.Com - Financial News and Analysis
OctaFX_Farid replied to OctaFX_Farid's topic in Technical Analysis
GBP/JPY extending losses FXstreet.com (London) - The pound is continuing to be prodded with the ugly stick and wasn’t able to hold onto yesterdays performance to the crosses 154.60 high. From the bear’s perspective, GBP/JPY is heading towards 152.00. The pair is testing 153.20 resistance in an overall broad bearish trend from the lows of 152.40. Momentum indicators offer impetus for the bears with hourly MA’s signalling towards lower levels. The dollar crosses are testing 1.5000 in Sterling and has completed an ascending triangle pattern in the Yen, neither look too well for the cross. In a dollar positive environment, it appears that the pound is suffering with a backdrop of poor sentiment for the economy. With a light calendar for the rest of this week, support is 152.70 and 152.00 and 154.60 as resistance. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 29, 2013 OctaFX.Com News Updates -
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