OctaFX_Farid

United States IBD/TIPP Economic Optimism (MoM) down to 44.5 in August from previous 45.6 Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 05, 2014 OctaFX.Com News Updates

United States Markit PMI Composite declined to 60.6 in July from previous 61 Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 05, 2014 OctaFX.Com News Updates

EUR/USD offered near 1.3380 FXStreet (Edinburgh) - The selling interest remains alive around the single currency on Tuesday, dragging the EUR/USD to a test of recent lows around 1.3380. EUR/USD focus on US docket The euro has reacted adversely after the mixed results from Services PMIs in the euro bloc, with sellers stepping in to fade the recent spike to levels around 1.3440/50. Next of note will be US Factory Orders (0.6% exp.) and the ISM Non manufacturing for the month of July (56.3 exp.). In the view of Camilla Sutton, Chief FX Strategist at Scotiabank, “The combination of ongoing downside pressure on inflation, weak confidence, disappointing PMIs and the negative impact of falling trade with Russia are likely to keep a relatively cautious tone at the ECB and support EUR downside”. EUR/USD relevant levels As of writing the pair is losing 0.27% at 1.3385 with the next support at 1.3366 (2014 low Jul.30) followed by 1.3359 (low Nov.12 2013) and then 1.3345 (low Nov.11 2013). On the other hand, a break above 1.3425 (high Aug.25) would target 1.3433 (high Aug.4) en route to 1.3445 (high Aug.1). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 05, 2014 OctaFX.Com News Updates

USD/CAD loses around 4.00% of face value in less than a month - ForexTrading.TV FXStreet (Łódź) - Nicole Elliott, currency analyst at ForexTrading.TV, observes that the USD/CAD has lost around 4.00% of face value in less than a month. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 05, 2014 OctaFX.Com News Updates

Morgan Stanley: EUR/USD year-end forecast at 1.31 - eFXnews FXStreet (Łódź) - The eFXnews team note that Morgan Stanley sees EUR/USD standing at 1.31 at the end of 2014 and the downward move continuing in 2015 towards 1.24. Key quotes "'Indeed, we believe relationships established over the past two years between the EUR and financial markets have already started to break down, leaving the EUR exposed to the underlying bearish fundamentals,' MS argues." "'Private investor flows into peripheral bonds, equity markets, and central bank diversification will be declining sources of support for the EUR in our view. The increased potential for currency hedging of European assets in an environment of rising volatility is another EUR negative,' MS adds." "In line with this view, MS maintains a short EUR/USD position in its medium-term portfolio from 1.3620, with a revised profit-stop at 1.35, and a target at 1.31." "Short-term, MS looks to use any EUR/USD rebounds to add short positions via a limit order at 1.3480, with a stop at 1.3580, and a target at 1.31." 'This content has been provided under specific arrangement with eFXnews.' OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 05, 2014 OctaFX.Com News Updates

OctaFX Champion - A Splendid Demo Contest from your top Broker! Current update of OctaFX Champion Demo Contest! *Currently our top contestant Gwie09 from Indonesia has piled up with Equity/Balance $32 058.61. So, come and snatch the opportunity and be the part of matchless traders. http://www.octafx.com/contests/octafx-champion/28/member/muhammadfarooq/ Contests schedule Current round (EET) Registration: Jun 30, 2014 00:00 - Jul 28, 2014 00:00 Duration: Jul 28, 2014 00:00 - Aug 23, 2014 00:00 Next round (EET) Registration: Jul 28, 2014 00:00 - Sep 1, 2014 00:00 Duration: Sep 1, 2014 00:00 - Sep 27, 2014 00:00 Please visit here to see full contestants list http://www.octafx.com/contests/octafx-champion/rating/ 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!

Resilience is the name of the game for USD - Investec Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 04, 2014 OctaFX.Com News Updates

Stock markets collapse as predicted- ForexTrading.TV FXStreet (Łódź) - Nick Jordan, currency analyst at ForexTrading.TV, comments on SP 500's break lower, in the steps of European markets. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 04, 2014 OctaFX.Com News Updates

USD/JPY is closer to 103.00 every coming minute FXStreet (Moscow) - USD/JPY slid to 102.50 area after reaching 102.72 session high. Not a knockout yet The pair got a knockdown from the Non-Farm Payroll data, but not a knockout meaning the comeback above 103.00 area is still a possibility especially given quite interesting events calendar for the week ahead. We must say, there are practically no first-tier fundamental releases except for ISM report, but the still going on earnings season, and the behavior of stocks and credit market may help to settle above 103.00 area again. What are today’s key USD/JPY levels? Today's central pivot point can be found at 102.67, with support below at 102.29, 101.96 and 101.58 with resistance above at 103.00, 103.38, and 103.71. Hourly Moving Averages are bullish, with the 200SMA bullish at 102.07 and the daily 20EMA bullish at 101.96. Hourly RSI is bearish at 47. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 04, 2014 OctaFX.Com News Updates

OctaFX.com - OctaFX introduces Free VPS solution! Always giving our clients the support and attention they deserve we created a perfect way to increase your profit! The great news is that starting from today, we provide you with our free VPS hosting solution for your Metatrader Expert Advisors. Having a problem with running a PC all the time to perform EA trading? Then, our splendidly tailored VPS solution is developed and designed exactly for you. Step up to be more independent even from a PC or internet connection – have your EA trade safely! OctaFX offers our clients to request personal VPS and run a pre-installed Metatrader 4 software and any EAs they want on a remote server at any time and have it trade automatically 24 hours a day. Here’s some thoughts of our CEO concerning that matter: “Our new service is created by our effective team to make your trading last longer and give you the profit you deserve. It has always been our top priority to provide you with high quality services in accordance with international standards”. OctaFX CEO Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

India FX Reserves, USD rose from previous $317.85B to $320.56B Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 01, 2014 OctaFX.Com News Updates

EUR/USD hinging on upcoming US NFP data - FXStreet FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik comments that the EUR/USD remains in wait and see mode ahead of the release of crucial US employment numbers for July. Key quotes "Earlier on the day, Europe suffered another economic setback, with local manufacturing PMIs missing expectations, albeit the pair ignored the news." "Right now, everything depends on US Payrolls: if the data is stronger than expected, investors will likely turn back to the greenback, and self EUR weakness may do the rest." "A break below recent low of 1.3370 should lead to a quick extension towards the 1.3320/30 price zone, with a final target at 1.3295, past November monthly low." "On the other hand, data needs to come below 200K to be considered disappointing, and may trigger some upward corrections in the pair: above 1.3400, resistances stand at 1.3440 and 1.3475, former year low." "If the rally is unable to extend beyond this last, the pair may resume the downside from there." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 01, 2014 OctaFX.Com News Updates

Austria Unemployment up to 286.4K in July from previous 281.6K Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 01, 2014 OctaFX.Com News Updates

Turkey Exports remains unchanged at $12.54B in July Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 01, 2014 OctaFX.Com News Updates

What’s the sentiment around the EUR/USD today? – Commerzbank and OCBC Bank FXStreet (Edinburgh) - The EUR/USD is seeing a recovery attempt to the 1.3400 handle today, despite the softer tone from the final manufacturing PMIs in Euroland and ahead of July’s Payrolls. “We are waiting for a rebound to reinstate shorts and are not willing to chase this lower as momentum indicators remain in oversold territory. Nonetheless following the demise of the 2 month uptrend we remain in sell the rally mode, and a negative bias will remain entrenched below the 1.3535 2 month downtrend”, noted Karen Jones, Head of FICC Technical Analysis at Commerzbank. In addition, FX Strategist Emmanuel Ng at OCBC Bank, suggested, “Note that the pair has leaked below 1.3400 this week and a sweater may be in order for EUR bulls as the balance of risks emanating from the US/EZ headline flow (ECB meeting next Thursday) may continue to guide the pair towards the 1.3300 neighborhood in the coming sessions”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 01, 2014 OctaFX.Com News Updates

European Monetary Union Markit Manufacturing PMI below forecasts (51.9) in July: Actual (51.8) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 01, 2014 OctaFX.Com News Updates

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. Please stay tuned for the news and updates from OctaFX! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

USD/CAD climbs to 1.0930 FXStreet (Edinburgh) - The USD gained further impulse on Thursday following the release of the US and Canadian dockets, briefly lifting the USD/CAD to session peaks near 1.0930. USD/CAD firmer despite US releases After hitting multi-week tops in the vicinity of 1.0930, spot is now returning to the comfort zone around 1.0920/15, following mixed data from the US economy: Initial Claims increased to 302K in the week ended on July 25th vs. estimates at 301K, while the Employment Cost index rose above forecasts 0.7% during the second quarter. On the other hand, the Canadian economy expanded at a monthly pace of 0.4% in May, surpassing both estimates and April’s print. “USDCAD still trades ‘rich’ relative to its current main drivers, but despite that ‘richness’, we can highlight three reasons for the upward bias in the pair: long USD positioning is adjusting upwards to align with rate differentials and market sentiment, AUD and CAD are moving lower to catch up with currencies like EUR, NZD, NOK and SEK which have been weaker for longer, and the main drivers of USDCAD may be migrating towards interest rate differentials which are very much in the USDs favour”, assessed Stephen Gallo, European Head FX Strategy at BMO. USD/CAD levels to consider As of writing the pair is up 0.12% at 1.0916 and a breakout of 1.0949 (50% of 1.1279-1.0620) would aim for 1.0962 (high Jun.5) and then 1.1007 (high May 2). On the downside, the immediate support lines up at 1.0900 (low Jul.31) ahead of 1.0850 (low Jul.30) and finally 1.0840 (200-d MA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 31, 2014 OctaFX.Com News Updates

EUR/USD falls to 1.3370 after US Data FXStreet (San Francisco) - The Euro broke below the 1.3380 support against the US dollar and now it is testing the 1.3370 following US jobless claims and employment cost index data. Employment cost index advances 0.7% in Q2; biggest rise since Q2 2011; on the other hand, initial jobless claims rose to 302K new claims in the Jul 25 week while previous week was revised down to 279K from 284K. Currently, EUR/USD is trading at 1.3395, down 0.10% on the day, having posted a daily high at 1.3416 and low at 1.3367. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish. EUR/USD sentiment "So far we've been down to 1.3372, near the 1.3368 lows posted a bit over 24 hours ago," comments Jamie Coleman from FXBeat. "US yields continue to rise, up another 5 bp this morning to 2.605%. 1.3350 barriers are the next hurdle for EUR/USD." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 31, 2014 OctaFX.Com News Updates

United States Initial Jobless Claims came in at 302K, above forecasts (301K) in July 25 Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 31, 2014 OctaFX.Com News Updates

Russia Central Bank Reserves $ dipped from previous $472.5B to $472.4B Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 31, 2014 OctaFX.Com News Updates

USD Strength Hurting the Canadian Dollar - ForexTrading.TV FXStreet (Łódź) - Nick Jordan, currency analyst at ForexTrading.TV, observes that the strength of the greenback has been hurting the Canadian dollar and wonders if we will see the 1.10 level shortly. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 31, 2014 OctaFX.Com News Updates

US economy posted strong GDP in Q2 - BTMU FXStreet (Barcelona) - Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ, underlined the solid data from US GDP in the second quarter. Key Quotes "The report revealed that the US economy rebounded more strongly than expected after the sharp contraction in Q1 providing further reassurance that it was only a temporary slowdown. Real GDP expanded by a robust annualized rate of 4.0% in Q2 which was boosted by a large inventory build adding 1.66 percentage points." "The underlying pace of growth firmed with personal consumption growth accelerating to an annualized rate of 2.5% and capital investment expanding by an annualized rate of 7.0%. There were also upward revisions to growth in the previous three quarters revealing that economic growth was stronger over the past year." "As a result of the revisions and despite the temporary economic contraction in Q1, real GDP expanded on average by annual rate of 2.4% over the last twelve months accelerating from an expansion of 2.0% in the previous twelve months. The report reinforces our view that the US dollar will likely continue to strengthen in the year ahead alongside the strengthening US economy. The release yesterday of the latest ADP survey also revealed that employment growth likely remained robust in July remaining consistent with non-farm employment increasing in line with its’ average over the last six months of around 230kjobs/month." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 31, 2014 OctaFX.Com News Updates

Italy Producer Price Index (YoY) came in at -1.6%, above expectations (-1.8%) in June Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 31, 2014 OctaFX.Com News Updates

South Africa Producer Price Index (YoY) dipped from previous 8.7% to 8.1% in June Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 31, 2014 OctaFX.Com News Updates