OctaFX_Farid

Euro on recovery mode after Nowotny, eyeing Draghi – BBH FXStreet (Delhi) – Research Team at BBH, note that the euro recovered toward $1.1150, with the help of ECB's Nowotny playing down the urgency of expanding or extending the asset purchase program. Key Quotes “Draghi is expected to reiterate the flexibility of the current program before the European Parliament today, while the Bundesbank's Weidmann can be expected to resist such notions when he speaks to a business association in Germany later today. The euro is consolidating after approaching $1.11 in Asia. Key chart support is seen near $1.1080.” Sep 23,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

Too early to discuss new ECB stimulus – ECB’s Jazbec FXStreet (Mumbai) - Slovenian central bank head and the European Central Bank member Bostjan Jazbec was on the wires stating today that it is too early to talk about new ECB stimulus. Earlier today, ECB member Nowotny also played down the urge to do more. Key Quotes Currently not discussing QE exit, nor discussing prolonging QE It is too early to discuss new ECB stimulus Monetary policy is working with a delay so it's too early to discuss any other scenario that has been agreed Sep 23,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

USD/JPY bearish below 120.35/80 – Commerzbank FXStreet (Edinburgh) - The pair’s outlook remains negative while below the 120.35/80 area, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “USD/JPY is consolidating – it faces a number of resistances directly overhead from 120.42 to 121.80”. “It is side lined in a converging space, and below lies the near term support line, this is located at 119.20 today. Currently we remain negative below the 121.35/80 zone”. “The market has failed recently at the 61.8% retracement at 121.80. We look for this to continue to cap the topside and we then look for a retest of 118.33/25 (March low) en route to the 116.15/115.85 2015 low and the recent low”. Sep 23,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

ECB adjusts the purchase process in its QE program FXStreet (Mumbai) - The European Central Bank (ECB) announced on Wednesday that the Governing Council has decided to adjust the purchase process in its bond-buying program and increase the proportion of purchases by national central banks rather than external managers in its quantitative easing (QE) program launched in March this year. Starting on October 27, the Bank of France and the National Bank of Belgium will act as Eurosystem asset managers executing purchases, the ECB stated, and the contracts of two of its current external executing asset managers will be extended. In a press release, ECB noted, "The executing asset managers will continue to conduct eligible ABS purchase transactions on explicit instructions from, and on behalf of the Eurosystem. The Eurosystem will maintain its role in undertaking price checks and due diligence prior to approving transactions." Sep 23,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/CHF purchasing power parity well above 1.20 – Swiss Economic Minister FXStreet (Mumbai) - The Swiss Economic Minister was on the wires today stating the purchasing power parity of the EUR/CHF is well above 1.20 and the Swiss National Bank (SNB) is working towards the same. Key Quotes Strong franc endangers price stability Certain risk of deflation It is clear that Switzerland remains an attractive place to do business Sep 23,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

OctaFX.com-Our sincere congratulations on Eid Al-Adha! Dear clients, OctaFX company congratulates you with one of the greatest holidays in Islam – the Feast of the Sacrifice! Let you spend these days in happiness and harmony surrounded by your family and friends! Let your home prosper, your wishes be fulfilled and all your hopes and prayers be heard by Allah. We wish you to share your kindness and spread love among-st neighbors and friends during these days, aiming to reach mutual understanding and peace. We believe your beneficial actions during celebrations will serve for the greater good and this Feast of the Sacrifice will be memorable and bright. “From the face of OctaFX Company I would like to congratulate all our Muslim clients on the occasion. Spend this day in good health, surrounded by your family and friends. I wish you personal success and a well-being to the whole Muslim community”. OctaFX CEO Happy Eid al-Adha! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX! OctaFX-Most Reliable Forex broker 2014 by FX Empire!

OctaFX.com-Our sincere congratulations on Eid Al-Adha! Dear clients, OctaFX company congratulates you with one of the greatest holidays in Islam – the Feast of the Sacrifice! Let you spend these days in happiness and harmony surrounded by your family and friends! Let your home prosper, your wishes be fulfilled and all your hopes and prayers be heard by Allah. We wish you to share your kindness and spread love among-st neighbors and friends during these days, aiming to reach mutual understanding and peace. We believe your beneficial actions during celebrations will serve for the greater good and this Feast of the Sacrifice will be memorable and bright. “From the face of OctaFX Company I would like to congratulate all our Muslim clients on the occasion. Spend this day in good health, surrounded by your family and friends. I wish you personal success and a well-being to the whole Muslim community”. OctaFX CEO Happy Eid al-Adha! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX! OctaFX-Most Reliable Forex broker 2014 by FX Empire!

GBP/USD keeps falling, near 1.5450 FXStreet (Edinburgh) - The selling pressure around the sterling is now gathering further traction, sending GBP/USD to test daily lows in the mid-1.5400s. GBP/USD in 4-day lows Spot is extending its weekly decline towards the 1.5450 area today against the backdrop of a generalized context of USD-strength. The pair continues to trade lower after last week’s rejection around the key resistance area at 1.5660, as market participants keep assessing the potential timing of a rates lift-off by the Federal Reserve. In the data space, UK’s Public Sector Net Borrowing has widened to £11.30 billion, surpassing expectations at £8.65 billion. Across the pond, the Richmond Fed manufacturing index and the speech by Atlanta Fed D.Lockhart will be the main highlights. GBP/USD significant levels As of writing the pair is down 0.38% at 1.5448 and a breakdown of 1.5373 (low Sep.14) would aim for 1.5330 (low Sep.16) and finally 1.5299 (low Sep.8). On the flip side, the next up barrier lines up at 1.5569 (high Sep.21) ahead of 1.5660 (high Sep.18) and then 1.5717 (high Aug.26). Sep 22,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

AUDUSD: AUD/JPY drops, hints at risk aversion? FXStreet (Mumbai) - The AUD/JPY pair fell to an intraday low of 85.18 levels as weaker commodity prices dragged AUD and equities lower, thereby triggering safe haven demand for the Yen. AUD/JPY a risk barometer? The pair is increasingly being tracked as an indicator of overall market sentiment. The slowdown in China and weakness in commodity prices weighs directly on the AUD, while the resulting risk aversion leads to strength in the traditional safe haven assets like JPY, CHF, Treasuries. Accordingly, the cross has been on the declining trend of late and remained mute even though the US stocks witnessed a bounce back on Monday. AUD/JPY Technical Levels The pair currently trades around 85.36. The immediate resistance is located at 85.91 (hourly 200-MA) and 86.32 (hourly 100-MA). On the lower side, support is seen at 84.78 (Sep 11 low) and 84.14 (Aug 26 low). Sep 22,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

GBP/USD ignores Osborne’s hawkish comments FXStreet (Mumbai) - The weak tone on the GBP/USD remained intact, pushing it to a session low of 1.5462 even though UK finance minister Osborne talked up BOE rate hike expectations. Trades below hourly 200-MA, UK borrowing rises The pair is trading around the support of the hourly 100-MA located at 1.5469 levels as the rise in the government borrowing overshadowed the comments from Osborne; who said the exit from loose monetary policy is coming. The UK public sector net borrowing in August ticked higher to GBP 11.3 billion, compared to the estimate of GBP 8.8 billion. Heading into the US session, the spot could continue to track the broader market sentiment. Fed’s Lockhart speech later today could also influence the pair. GBP/USD Technical Levels The immediate support is seen at 1.5460 (61.8% of June rally), under which the spot could drop to 1.54 levels. On the higher side, a break above the hourly 100-MA at 1.5526 could open doors for a re-test of 1.5568 (previous day’s high). Sep 22,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

USD strength pointing towards improving global sentiment – SocGen FXStreet (Delhi) – Kit Juckes, Research Analyst at Societe Generale, suggests that weakness in Asian/European equities yesterday morning was followed by a US rally, and that in turn took Treasury yields back up and dollar’s status as a funding currency or as a safe-haven currency for that matter is lost. Instead, it’s a barometer of the global mood which, is improving (today, at least). Key Quotes “The trouble is that the more the mood is positive, the more noise the FOMC hawks will make and the better the chance of a 2015 rate hike. At the moment, significant further dollar strength is dependent on both longer-dated US yields and equities rising. That’s possible on a quiet day like today, but if we get back to more risk-averse markets, the dollar is unlikely to out-perform the yen and Euro, even as all three do well against everything else.” “The most visible loser as the better risk mood was the Euro. Psychologically, a close last night below the 200-day moving average (1.1209) and a failure to break back above it this morning puts the September low at 1.1087 in the market's sights, but I think it would take a move back through 1.10 to signal that this is more than just noise.” Sep 22,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/USD drops to lows near 1.1160 ahead of European open FXStreet (Mumbai) - EUR/USD failed to resist the 1.12 barrier and fell back into the red in the early moves, as the US dollar resumed its correction higher amid improving risk sentiment. EUR/USD rejected at 1.1200 The EUR/USD pair trades -0.21% lower at 1.1166, hovering close to fresh session lows struck at 1.1163 some minutes ago. The main currency pair stalled its tepid recovery just ahead of 1.12 handle and slipped back in the negative territory as the USD bulls jumped back into the bids on the back of a better risk environment. Moreover, markets are predicting a higher for the European stocks, following a stronger performance by the Asian equities, which diminish the demand for the euro as a safe-haven, thereby weighing on EUR/USD. The pan-European benchmark, the Euro Stoxx 50 futures, trade 0.50% higher while the DAX futures are also seen marginally higher. Meanwhile, markets are likely to stay focussed on Fed officials’ speeches in the day ahead as the macro calendar for today’s trading session remains fairly light. EUR/USD Technical Levels The pair has an immediate resistance at 1.1206 (Today’s High), above which gains could be extended to 1.1245 (Sept 3 High) levels. On the flip side, support is seen at 1.1130 (Sept 9 Low) below which it could extend losses to 1.1088 (Sept 4 Low) levels. Sep 22,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

OctaFX.com-OctaFX Supercharged REAL CONTEST current position! Win Tesla Model S, Smart Fortwo or Renault Twizy! Open a Contest Account and Deposit it. Trade and receive achievements. Interact with other traders. Win one of 10 amazing prizes. View contest standings Stand out for outstanding 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!

OctaFX.com-How IB program works! How it works How to become an IB? Open a partner account at OctaFX. Receive your referral link in the "IB Area" section of your Personal Area at OctaFX. That's it, you are now an IB for OctaFX! IB conditions! Promo items for IB. Stand out for outstanding with OctaFX! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

OctaFX.com-How IB program works! How it works How to become an IB? Open a partner account at OctaFX. Receive your referral link in the "IB Area" section of your Personal Area at OctaFX. That's it, you are now an IB for OctaFX! IB conditions! Promo items for IB. Stand out for outstanding with OctaFX! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

ECB’s QE to stay longer – Danske Bank FXStreet (Edinburgh) - Analysts at Danske Bank see the possibility that the ECB could extend its current ‘quantitative easing’ programme beyond the original date of September 16th. Key Quotes “ECB President Draghi was very dovish at the latest meeting at the beginning of September and based on this we expect the ECB to extend QE purchases beyond September 2016”. “Our changed expectation comes mainly from the fact that the ECB now projects headline inflation to be only around 0.9% in Q2 16 and 1.2% in Q3 16 when the ECB is set to end QE purchases”. “In our view, the ECB will continue its purchases if inflation is around these levels and we continue to believe that the ECB is too optimistic on its outlook for core inflation, as slack in the labour market will still be a headwind to higher wage growth in 2016”. Sep 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

UK: Labour market strengthening, unemployment data awaited - TDS FXStreet (Delhi) – Prashant Newnaha, Rates Strategist at TD Securities, suggests that the UK labour market has been showing relatively healthy underlying dynamics in recent months, and we expect this to continue into July. Key Quotes “We see small downside risks to the 3MMA unemployment rate, which is likely to have notched down a tenth to 5.5% (consensus: 5.6%), putting it back at its March/April level.” “We’ll also be looking carefully at private-sector regular pay growth, which is favoured by the MPC for signs of tightness in the labour market. This measure has been drifting up in recent months (3.4% y/y in June), sitting comfortably in a range that leaves it at its fastest rate of annual growth since mid-2008.” Sep 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/CHF losing altitude, near 1.0970 FXStreet (Edinburgh) - The Swiss franc is now reclaiming some of the ground lost to the single currency during the Asian trading hours, taking EUR/CHF to the 1.0970 area. EUR/CHF upside capped at 1.1000 The upside momentum in the cross seen overnight has found tough resistance around the psychological barrier at 1.1000 today, triggering the current correction lower ahead of the opening bell in Euroland. Data wise in the region, Swiss ZEW Survey-Expectations is due later, followed by the final CPI figures in the euro area during last month. Consensus expects headline prices to have risen 0.2% YoY while the core reading is seen at 1.0%. EUR/CHF relevant levels At the moment the cross is losing 0.06% at 1.0972 with the next support at 1.0922 (low Sep.10) ahead of 1.0878 (low Sep.9) and finally 1.0832 (low Sep.7). On the other hand, a break above 1.1011 (high Sep.15) would aim for 1.1049 (high Sep.11) and then 1.1100 (psychological level). Sep 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

UK annualised CPI stalls in August FXStreet (Mumbai) - The data released by the UK Office for National Statistics (ONS) on Tuesday showed the UK annualised CPI in August stalled as expected, compared to the 0.1% rise seen in July. Month-on-month, the CPI printed in line with the estimates at 0.2%, compared to the 0.2% drop seen in July. Core inflation dropped to 1.0% year-on-year as estimated. As per the ONS report, “A smaller rise in clothing prices on the month compared with a year ago was the main contributor to the slight fall in the rate. There were also downward effects from changes in motor fuel prices and sea fares. Rising prices for soft drinks and for furniture and furnishings partially offset the fall.” Sep 15,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

OctaFX.com-OctaFX ECN trading! What is ECN/STP trading? It is a broker's business model (which, generally, makes the difference between brokers and "market makers"), in which clients' orders are sent directly to one or several liquidity providers to be executed on their end. There may be an unlimited number of liquidity providers (that is, banks, aggregators, other financial institutions). The more liquidity providers a broker has, the better the execution for its clients (more liquidity available, less slippage). What makes a true STP broker is that it doesn't internalize the orders, but sends them to liquidity providers, acting as an intermediary between the client and the real market. Do you have requotes? No, we don't. Any broker who re-quotes your orders is definitely a dealing desk broker. A requote occurs whenever the dealer on the other side of the trade (whether human or automatic) sets an execution delay during which the price changes. Therefore he can't open your order and sends you a message that the price has changed. That is, a requote. You usually get a new price which can be significantly different from the one you requested (especially when the market is volatile). In most cases it's not profitable for the trader but quite profitable for the broker. OctaFX doesn't have any requotes simply because we don't have a dealing desk, human or automatic (a piece of software usually referred to as a virtual dealer, automatic dealer and so on). Click Here for more info about ECN Trading! What is slippage and why does it happen? Slippage is a slight order opening price movement which is a result of lack of liquidity (when it's already taken by other traders' orders). It may also happen during market gaps. It is important to understand that we do not guarantee that your order will be filled exactly at the requested price; our system is setup to fill it with the next best price from another liquidity provider. So during these news times it's possible that there will be no liquidity available at the price you requested. Let's say you want to open a 5 lot Buy order, EUR/USD, price is 1.30000. Now, in this case we can see the following liquidity available: Provider 1: price is 1.30010, 20 lots available Provider 2: price is 1.30005, 5 lots available Provider 3: price is 1.30000, 1 lot available In this case your order will be offset with Provider 2, since he has the best price and enough liquidity to fill your order. And the open price will be 1.30050, which is 0.5. pips away from the price you requested. But, again, your order will not be requoted, since we are more interested in your profitable trading. Why don't you guarantee stop orders? Again, in the real market there is no such thing as a "guaranteed stop"; it is offered by dealing desks only. As stated above, market makers do not offset your orders anywhere, rather they keep them inside. So when your "guaranteed" stop loss is triggered, it means that your whole loss amount is already in the dealer's pocket. This causes so-called "stop-loss hunting" practice. The dealing desk can see where your stop orders are, so it's easy for them to manipulate the price, so that it hits your stop-loss. In real market any stop order is considered as pending until its price is hit. After that the order is offset to a liquidity provider (which, again, may or may not involve slippage depending on the available liquidity). Therefore it's simply impossible to either "guarantee" or "hunt" your stop orders. Stand out for outstanding 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! OctaFX-Most Reliable Forex broker 2014 by FX Empire!

GBP/USD next target aligns at 1.5492 – BBH FXStreet (Edinburgh) - The research team at BBH signalled the next target for GBP/USD could be around the 1.5492 level. Key Quotes “It tested the 20-day moving average (~$1.5465). It too has retraced a little more than 38.2% o the losses from the last August spike (~$1.5420) and the early September low (~$1.5165)”. “The next objective (50% retracement) is just above $1.5492. The 50- and 100-day moving averages around found in the $1.5515-$1.5525 range”. “Soft inflation and retail sales data may be mitigated by an uptick in average weekly earnings and a generally healthy labor market report. However, if the $1.5340 level goes, sterling may retest its recent lows”. Sep 14,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/USD muted post-EMU data FXStreet (Edinburgh) - The single currency remained apathetic after EMU releases on Monday, with EUR/USD keeping the trade around the 1.1330 area. EUR/USD indifferent on data The pair paid no attention to the better-than-expected Industrial Production figures in the euro bloc during July, expanding at a monthly pace of 0.6% and taking the annual expansion to 1.9% vs. initial estimates at 0.2% and 0.6%, respectively. Spot has surrendered initial gains to the boundaries of 1.1380 and is now visiting session lows around 1.1330 as risk-off trends seem to be losing momentum. Further releases in the region saw Italian consumer prices rising 0.2% MoM and 0.2% YoY during the last month. EUR/USD key levels The pair is retreating 0.04% at 1.1331 and a breach of 1.1327 (low Sep.14) would target 1.1253 (low Sep.11) en route to 1.1147 (low Sep.9). On the other hand, the next hurdle lines up at 1.1374 (high Sep.14) followed by 1.1498 (high Aug.23) and finally 1.1523 (high Aug.27). Sep 14,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/USD off highs, eases to 1.1340 FXStreet (Edinburgh) - EUR/USD has faded the spike to multi-day tops in the vicinity of 1.1380 on Monday, now returning to the 1.1345/40 band. EUR/USD propped up by risk aversion Spot is extending its bullish momentum from last Friday, quickly advancing towards the upper-1.1300s while remains sustained by the Chinese-led risk aversion sentiment dominating the global markets so far. Nothing worth noting data wise in Euroland, with Italian inflation figures and EMU’s Industrial Production, both in the pipeline later on in the day. EUR/USD key levels The pair is advancing 0.05% at 1.1341 facing the next hurdle at 1.1374 (high Sep.14) followed by 1.1498 (high Aug.23) and finally 1.1523 (high Aug.27). On the other hand, a breach of 1.1327 (low Sep.14) would target 1.1253 (low Sep.11) en route to 1.1147 (low Sep.9). Sep 14,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

Switzerland Producer and Import Prices (YoY) fell from previous -6.4% to -6.8% in August FXStreet.com (Barcelona) For more information, read our latest forex news. Sep 14,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

OctaFX.com-OctaFX cTrader for Apple released! OctaFX is ready to present one more improvement for cTrader users! We are now supporting cTrader for Apple devices! Good news for every cTrader user in OctaFX community! You can now trade 48 currency pairs using cTrader for iOS! The application can be downloaded free of charge and is compatible with iPhone, iPad and iPod touch. Our app is also optimized for iPhone 5, iPhone 6 and iPhone 6 Plus. cTrader gives you the very best in FX trading as a native app. Enjoy fast execution for FX and commodities and easy-to-use interface with full balance, margin and P&L information. View all symbols and rates, including your favorites list. You’ll get the same core functionality as cTrader Web for Mobiles, with faster launch times and the same easy-to-use interface. Click here to dowload cTrader for iOS: Having any questions? Contact our award-winning Customer Support with all your queries. Experience our best trading conditions trading on cTrader for iOS! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX! OctaFX-Most Reliable Forex broker 2014 by FX Empire!