Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



Superforex

Member
  • Posts

    615
  • Joined

  • Last visited

  • Days Won

    2

Everything posted by Superforex

  1. No Deposit Bonus Our No Deposit Bonus is a free offer that grants you some bonus funds to be used in Forex trading, without having to make any deposits in advance. Any person can get it, as long as they meet the requirements stated in the bonus agreement. You will get $25 to trade with - and you don’t need to deposit even a cent! Either way, it is one of the most generous offers that SuperForex can provide to our customers. As such, we want to provide our clients with the opportunity to try as many ways to trade as possible. Note that the bonus money can be spent to open deals but can’t be withdrawn. However, the profit that you earn from trading is rightfully yours and you’re welcome to withdraw it.
  2. Micro Cent Account Only about 10% of all Forex brokers offer cent accounts in one form or another. SuperForex is one of these brokers. Our Micro Cent Account will be very useful for beginners, as it allows you to trade with a real deposit that doesn't need to be very big. Cent accounts can be perceived as a transitional stage between demo accounts and standard accounts, which are the first step in real trading. There are no special requirements for opening a cent account. Micro Cent Account Description: Accepted currency: USD and EUR Maximum deposit: 100USD/EUR (10000 cents) Compatable with bonuses: Welcome, Energy, Hot Lot size: 10 000 cents Maximum leverage: 1:1000 Unlimited EA trading: Allowed
  3. No Spread acccount The No Spread account gives you the unique advantage to trade without paying any spreads on the deals you open, regardless of the trading instruments used. It also allows you to accurately know the levels of input and output. In addition, you would be able to calculate in advance all of the costs that are not related to loss. To get the No Spread Account, please ensure that you make a deposit of 1000 USD or EUR within 24 hours of registration. Great news! We have decided to decrease the commission applied to No Spread accounts - it’s now up to 25% less than our regular rates.
  4. XAU/USD: Short Review & Forecast A new round of geopolitical tensions rapidly raised the value of Gold to its 10-month maximum. As expected, the prices for Gold began to rise rapidly and exceeded the psychological level of $1,300, even earlier than we hoped. Gold started to rise from August 25, according to the results of the economic symposium in Jackson Hole where Federal Reserve head Janet Yellen didn't make any statements regarding the further monetary policy in the United States. This disappointed investors who expected to hear some confirmation of a tightening monetary policy. The U.S currency fell and reached the level of January 2015 against the Euro. Thus, the value of Gold has also increased due to the weakened USD. This week the Gold got another incentive for strengthening based on increased geopolitical tensions. Yesterday North Korea successfully ran a ballistic rocket that flew over Japanese territories and landed in the Pacific Ocean, near the Japanese island Hokkaido. The demand for safe assets immediately increased then. As a result, the price for Gold reached $1,322, but then stabilized to the level of 1,309 dollars, which is the highest price since October 2016. After yesterday's peak at $1,322, the line of resistance has slightly shifted up. After the new round of geopolitical tensions we can expect a stabilizing of the prices for Gold as well as of the demand for safe assets. In the near future the price for Gold could retreat back to the level of $1,300 - $1,305. The rates will continue in the frames of the upward trend which was formed a few months ago. In this situation the most optimal course of action would be the short deals, which is also confirmed by the MACD oscillator.
  5. SuperForex Seminar SuperForex cordially invites you to visit our upcoming trading seminar which will be held in Kuala Lumpur in October. In order to make your trading as profitable as possible, you need to closely monitor any changes on the Forex market and to not be afraid to use new strategies that generate profit. You will learn the latest information about new techniques, strategies, and various types of philosophies of Forex trading at our seminar. In addition to the training information at this event, you can learn more about the offers and promotions of SuperForex. Speakers of the seminar are experts of the Forex market with many years of experience in trading. If you want to become a participant of the seminar, please indicate your desire by contacting our support team in any way convenient for you. Contacts of support department phone +65-3-1590282 (International format) email support@superforex.com Everyone who visits our seminar will receive valuable gifts and would also be able to participate in the drawing of three prize certificates. Thank you for your attention. We hope to see you at our seminar!
  6. Forex Copy System Are you a trader who want to earn money but you don't have enough experience to begin to trade on Forex? Let’s say you’re amateur at the moment and you’ll need a lot of time to learn how to trade. You’re not sure now will you be successful or not. To be a professional trader you’ll need the years of practice to get necessary experience and develop your skills. We have an offer for you. Earn with Forex Copy right now!
  7. NZD/JPY: Short Review and Forecast The downward trend was formed a month ago and continues amid positive economic news from Japan. The NZD is under the pressure of decreased prices for food and raw materials. The rates of the NZD/JPY since the beginning of the month are in the frames of the downward trend formed just a month ago. Despite the recent positive data about economy of New Zealand, where we can see a Federal budget surplus by 1.5 billion NZD, the New Zealand currency fell against major currencies. At the same time, it should be noted that the NZD did not have enough incentives for growth amid the absence of news about the economy. In addition, the NZD was under the pressure of the decreased prices for raw materials and food, which reached annual minimums this week. The price for wheat fell from $560 down to $403. At the same time the JPY had many stimuli to strengthen. The PMI index of business activity in August was 52.8 against the expected level of 52.3. The volume of imports and exports grew less than the expected - 16.3% versus 13.4%, respectively, and in the long term increased the pressure on the trade balance. However, in July the trade surplus in Japan narrowed by 17%, though it's 418 billion yen, exceeding the expectations of investors. A week earlier the yen strengthened due to the unexpected GDP growth by 1% and an increase in consumer spending which was almost twice higher than the market expectation. Therefore, the Japanese economy now looks better for investors. Tomorrow the NZD may get a chance to strengthen, if new data about the trade balance of New Zealand pleases investors. At the moment, oscillators (MACD, Stochastics, RSI) unanimously point to the rates in the oversold zone. The deals to BUY would be the most effective in this situation. There's a possibility to make a profit on the expected price correction.
  8. Have you ever dreamed about your own website for earning money? Now you can get it as a SuperForex partner. SuperForex took into consideration the fact that not everyone owns a website. This is why we have prepared a ready-to-use partner website for partners like you. It has everything you need as a start plus sections you can freely modify by placing your own content. The ready website is particularly useful because the resources appearing on it will contain your affiliate code, recording all of your referrals. You can choose your affiliate site from a number of options that our design team has prepared.
  9. SuperForex Money SuperForex Money is a payment method developed by SuperForex. It is a really unique offer on the market which will additionally give you a 7% discount on each deposit. How can you get the discount? Simply use SuperForex Money! How does it work? You can purchase money prepaid cards with a face-value of $10, $50, $100, $500 and $1000. However, you can get them at a price 7% cheaper than the actual amount (e.g. cards with a face-value $100 can be purchased for $93). Moreover, this is a great opportunity for you and your clients to avoid paying payment system fees. https://superforex.com/superforex-money
  10. Weekly Market Overview An update on the Euro and the American dollar in light of recent events. This week our gaze draws back to Europe. In our previous look at the euro we talked about how much it has strengthened this year, based on positive economic reports and favorable election outcomes. Let’s take a look at the situation in Europe now. The euro has been the shining star of Forex trading this year, gaining a remarkable 11.5% on the USD so far in 2017. In recent weeks investors’ appetites towards the euro increased amid an expectation that the European Central Bank will change its monetary policy toward a less dovish approach that supports an even stronger euro. Some analysts have even suggested that we may see a parity between the EUR and the British pound in the coming months. However, ECB chief Mario Draghi has not given any real indication that he plans to cut the stimulus program anytime soon. Now the euro is easing a little bit against the dollar as analysts prepare for the upcoming Jackson Hole conference on August 24-26, where Draghi will speak. The small drops in the price of the euro are likely a result of investors’ impatience regarding the ECB decision on monetary policy. On Wednesday the euro dropped from its 2015 height level and went 2% down to 1.1691 USD and 1.13960 CHF. Furthermore, the euro was able to gain on the dollar because of the political turmoil in the United States. Recent tensions with North Korea, as well as a neo-nazi attack both rattled the United States over the past two weeks. However, things seem to be cooling down with North Korea, and the US released some favorable data on retail sales (up by 0.6 in July) which helped the USD find a more solid ground. If the economy fares well and inflation increases, investors would again look to the dollar as an attractive trading instrument and expect the Federal Reserve to increase interest rates again. However, economic data from the United States has fluctuated throughout 2017. Inflation and wage growth haven’t been at the expected levels, and the Federal Reserve has been extremely careful about adjusting its policies. This is why right now another rate hike is unlikely. Even if rates are increased in the coming months, analysts don’t expect multiple hikes, as was initially planned.
  11. CAD/JPY: fundamental review and forecast Positive economic data from Japan significantly impacted the rates. Seems like formation of the new upward trend. The rates continue in the frames of the upward trend, but we can see on the chart formation of a weak downtrend. Formation of a new trend is based on the decreasing of oil prices and worsening of trade relations between the United States and Canada. This week the Japanese yen continued to strengthen due to the positive data on the economy. The country's GDP unexpectedly grew in the 2nd quarter by 1%, while it was expected growth in just 0.6%. Such a growth is the most rapid growth in the Japan's economy since more than 2 years. we hadn't seen the same significant growth since the 1st quarter of 2015. In annual terms, GDP growth was +4%, exceeding forecasts in 1.5%. It should also be noted that Japan's GDP grew for the sixth quarter in a row. Consumer spending indicator increased by 0.9% in Q2, exceeding the expected level in almost 2 times. And the volume of industrial production in June rose by 2.2% amid expectations of 1.6%. Thus, amid extremely positive statistics from Japan, it was very hard for canadian dollar to resist the yen. Strengthening of JPY would be even more rapid, but it was prevented by a factor of geopolitical tensions between the USA and North Korea, although the situation has been normalized to the usual level these week. Today the market is waiting for information from Canada's index of consumer prices in July, but likely it's not necessary to expect for significant strengthening of the CAD, given that oil is decreasing again amid information about achieving of the maximum levels of shale oil extraction in the USA over the past 2 years. Crude oil stocks fell significantly this week, but the increase in oil production will lead to rapid recovery of oil reserves. In addition, analysts have lowered their forecasts about demand of oil in China. It should be noted that If China started a massive shift to electric transportation, in accordance with the global trend, it would negatively impact the demand for oil in this country in the future. Oscillators MACD, Stochastics give contrary signals. In this situation, the most optimal would be to open the short deals upon medium term trading. For those who use short term strategies it's possible to open the deals to BUY, in accordance with Stochastics' signal making a profit on the price correction.
  12. Merchandise One of our chief goals at SuperForex is to provide our partners with as many attractive products as possible in order to make your business more convenient and help you reach potential clients in exciting new ways. That is why our design team has prepared a line of branded merchandise which can help you continue your recruitment process even offline - in your office or at home - by surrounding yourself with a collection of practical SuperForex items. T-shirts, mugs, notebooks, pens, you name it - we have it! Browse our merchandise to choose your favorite items.
  13. EUR/SGD: Fundamental Review & Forecast We have an extremely rapid upward trend but it seems like the peak has been reached. It is difficult to imagine a more rapid upward trend than we can see on the EUR/SGD chart. The Euro strengthened against many currencies, but this did not lead to such a significant increase relative to another currency. At the moment it is likely that the price has reached a peak, especially amid disappointing statistics from the Eurozone. This week the market received data that indicates slower economic growth in the EU. Germany's GDP in the 2nd quarter amounted to only 0.8% yoy, while the market expected a GDP growth of 1.9%. The volumes of industrial manufacturing in the Eurozone fell in June by 0.6%, although this is in line with expectations. The eurozone's GDP is only 0.6% in Q2, which is also in line with the expectation of investors. Thus, the Euro doesn't have enough stimulus for growth. The Singapore dollar gets the opportunity to consolidate at least at the current levels and prevent a further falling in price. During the last five months the SGD has changed in price from 1.4845 EUR up to EUR 1.602. It should be noted that the Singapore dollar is now at the level of November 2015. This is another reason why we say that the peak has been reached. Next week the Singapore dollar can be supported due to the release of new statistics about industrial production volumes for July and the consumer prices index. The latest data on the economy of Singapore is showing a pretty good economic situation: retail sales in June grew by 1.9% and continue to grow for the fourth consecutive month.
  14. Make deposits and withdrawals any way you like All financial transactions made with us are safe, fast, and transparent. You can open accounts and deposit funds in: United States Dollar (USD), Euro (EUR), and Russian Rouble (RUB). What's the main advantage? Our deposits start from just $1. With us clients are free to choose their deposit. We put no restrictions on deposit amounts. SuperForex does not charge any internal fees for deposits or withdrawals. We encourage our international clients to contact their banks regarding any fees they may charge for transferring funds, including currency conversion fees.
  15. GBP/AUD Technical Outlook & H4 Chart The bears are back this week to make new lows. After the GBP/AUD recorded its highest level this year at 1.7647 in May, it turned back to decline by more than 1350 pips and it’s trading now at 1.6480. Today the Australian Dollar rose in the beginning of the week because of the tension between North Korea and the United States, in addition to China's foreign ministry saying there is no future in a China-U.S. trade war and adding that issues of trade and North Korea are not connected. The ministry also said that China pays great attention to protecting its intellectual property rights and says the essence of U.S.-China trade is mutually beneficial and a win-win. The GBP/AUD currency pair is trading inside a downside price channel which may lead the pair to new lows this week. The pair’s trading between support and resistance areas representative at the trend lines and it’s expected that the pair will break the downside trend line to decline further. The moving average is trading above the prices which supports the negative vision, while the Stochastic indicator hasn't shown us the sell signal yet. The Next Few Days After we learned the outlook for the pair is down, we can take sell positions at the resistance levels, which means we can take sell positions now at the current level 1.6480, sell again if it reaches 1.6560, and place a third sell position at 1.6640, keeping our target for all of them at 1.6310. This week the market has some hot news from the UK like the Average Earnings Index and the retail sales. In addition, we expect the Monetary Policy Meeting Minutes for the Australian bank and the Unemployment Rate.
  16. The US vs. North Korea The markets are shaken amid the rising tensions between the United States and North Korea. While this week has been more or less quiet in terms of actual economic events affecting the financial markets, it was quite the opposite in terms of politics: this week US President Donald Trump made several controversial comments that sparked a discussion on whether the United States would be going to war with North Korea. Needless to say, such major fundamental events always have an effect on the markets. In this particular case it was Asian stocks (particularly in South Korea, which is dangerously close to a potential war zone) that dropped significantly – now they seem more insecure than ever, and investors are directing their attention to other safe-haven instruments such as gold, the Swiss franc, and the Japanese yen. The currency of Korea, the won, also suffered losses against the dollar, dropping to its lowest this month as a result of the growing tensions in the region. Australian markets are also somewhat affected, while the state of the markets in Japan is unclear since the country was celebrating a holiday and the market was not open. The American stock market also suffered amid the news, as did the stock markets in London, Paris, and Frankfurt. So, what happened exactly? North Korea, which has been more active in its testing of military weapons over the past few years, announced its intentions to fire missiles into Guam, which is officially a US-controlled territory. It is important to note that the Korean war never officially ended, so at least on paper relations between the United States and North Korea are not good. In recent months tensions with North Korea came to light also because the communist state released a prisoner who was an American citizen, who reached the US in a terrible physical state. The young man showed signs of extensive brain damage; his condition was so bad that it completely baffled American doctors, and he soon died. This story rattled the West and caused people to speculate that North Korea is up to something. Instead of addressing North Korea’s plans of attack through the accepted diplomatic channels, Trump took to Twitter to talk about retaliation, and then reaffirmed in an interview that he is ready to go to war if North Korea does attack any American territories. This newly-added level of serious political insecurity rattled the global financial markets. The dollar marked new decreases against the yen. In addition, the yen is gaining on the USD due to issues with the American treasury and a possible default coming in the next two to three months. Clearly this is a complex issue. So far neither country has attacked, but considering that President Trump and Supreme Leader Kim Jong-un have got to be the two most unpredictable leaders in the world right now, tensions are definitely growing steadily. Make sure you watch out for any related news and see how the markets are responding as more information is flowing in.
  17. Mobile Trading from SuperForex The SuperForex Mobile Platform is a unique mobile platform that allows traders to perform trading operations on the financial markets anywhere and anytime by accessing the trading terminal directly from their Android/iOS smartphone or tablet. With our mobile platform it does not matter where you are - you can be at work, at home, on a vacation resort somewhere or stuck in a traffic jam on the way to a party - as long as you are with a smartphone or a tablet connected to the Internet, you will always be able to trade on the Forex market.
  18. NZD/USD: Fundamental Review & Forecast The support line is moving down and the upward trend is weakening while the market is waiting for the RBNZ decision about the rate change and monetary policy. Since May the rates of the NZD/USD had been in the frames of an upward trend which is based on the weakened U.S. dollar. Now the market is almost frozen while waiting for the RBNZ's interest rate decision and the monetary policy report of the Central Bank. In the beginning of the month the NZD rate reached the level of May 2015, but then began decreasing to more reasonable levels because the value of the NZD seems overrated, given the worsening economic situation in the country and unconvincing economic statistics. Overall, we can definitely say there is a lack of incentives for the NZD to strengthen. In addition, the RBNZ has repeatedly stated that they're not interested in a strong currency rate. Investors are confident that the RBNZ will leave interest rates unchanged. Therefore, the probability of a further decreasing of the NZD is very high. The only thing we can expect that can help the NZD to remain at the same high level would be a significant easing in the monetary policy of the RBNZ. We can even expect some price hikes during the period of news from the RBNZ tonight. This is a rare case when we have to ignore all oscillators (Stochastic, MACD, RSI), which unanimously indicate a signal about the oversold zone and a good moment for the deals to BUY. Because of the given the fundamental factors, there is a high probability for a further decreasing of the NZD/USD rate to the level of 0.72 USD. The support line has already started to shift down, so the deals to SELL seem much more effective. Nevertheless, it is too early to speak about the trend reversal, but it's safe to talk about the weakening of the current uptrend.
  19. Deposit Insurance Program With SuperForex you never have to worry about the safety of your deposits. For maximum security during trading SuperForex offers its customers a Deposit Insurance service. By insuring your deposit with us you can be certain that you can always get it back, even if you make a losing deal. With the Deposit Insurance Program customers can insure up to 100% of their deposit and recover it entirely after suffering a loss.
  20. SuperForex 40% Welcome Bonus. Thanks to this highly popular bonus you can easily increase your trading volume and realize a much better trading profit! Our 40% Welcome Bonus is all the motivation you need to register an account in our company. Take advantage of the possibility of risk-free trading with the ability to withdraw profits. Get 40% on your deposit in just a few simple steps! All you need to do is register a live trading account with us and submit the “Get the 40% Welcome Bonus” button from the Client's Cabinet. Start trading with us using the advanced MT4 trading platform!
  21. British Struggles The fallout from Brexit is a deteriorating economic climate in the UK, and the British pound shows it. Despite the unexpected strength of economic growth in Europe, the struggles of the United Kingdom continue. After the devastating losses incurred immediately before and after the Brexit referendum vote last summer and the disastrous elections results earlier this year, Britain and its currency still find themselves in a tight spot. Yesterday we heard from the Bank of England, who this time announced that they are taking a more pessimistic prognosis of the UK’s economy and downgraded their forecasts for economic growth for 2017 and 2018 for the second time this summer. As a result, the British pound sterling suffered losses versus the American dollar of almost 1%. The Bank of England’s stance is likely rooted in the disappointing wages. Since the pound slumped, goods imported to the United Kingdom naturally cost more for Brits, essentially driving their purchasing power lower. The BoE expects this problem to worsen in the future and is somewhat apprehensive regarding wage growth. Bank of England governor Mark Carney expressed a concern for businesses who find it additionally difficult to invest amid the political struggle inside of the United Kingdom and the problematic negotiations with the European Union regarding Brexit. The United Kingdom is currently lagging behind its European counterparts, and Carney expects an even slower economic growth. Needless to say, the bank chose not to increase interest rates yet, in hopes of stimulating the economy. Despite the political discord within the United Kingdom due to Theresa May’s party failing to achieve a definitive majority in the preliminary parliamentary elections she called and the lack of strong British leadership that resulted from that, the UK has proceeded with the EU negotiations. However, even though negotiators have met several times now, not much has been decided, especially since the EU is putting pressure on the UK to meet its critical demands regarding immigration and payment. Overall, the situation seems really unclear right now. British politicians are not helping much, as they provide contradictory statements from time to time, indicating the British government is not on the same page. The British pound has already dropped 13% since the Brexit vote, and due to the lack of proper leadership and the absence of clarity regarding the negotiations with the European Union we expect the GBP to continue its decrease versus major currencies.
  22. No Intermediary Fees on Deposits SuperForex does not charge any internal fees for deposits or withdrawals. We encourage our international clients to contact their banks regarding any fees they may charge for transferring funds, including currency conversion fees. For an unlimited period of time, we will cover in full or partially the intermediary fees charged by the payment systems when customers deposit funds with us. Deposit fees are now covered for all payment systems. If you haven’t benefited from this option yet, open an account and enjoy trading with us. You can find more information here: https://superforex.com/no-fees-on-deposit
  23. CL/WTI: Short Review & Middle Term Forecast After the depressed period we have an upward trend again and preconditions for further growth, given the long-term perspectives for increasing demand. Between May and the end of June the market was depressed. Oil fell in price from $51 to $42. It seemed that the falling of oil prices is unstoppable. The oversupply of crude oil, the increase of oil extraction volumes even amid OPEC countries and the growth of oil reserves in the United States created a desperate situation, whereby market participants were unable to control the market and achieve a balance between demand and supply. However, in July oil began to recover due to the reduction of oil stocks in the United States and the reduction of drilling activity. In addition, the oil recovered in price amid the long-term forecasts which show perspectives for growth in the demand for oil, although some analysts disagree with that. Nevertheless, given the recent data such as the index of business activity in China from Caixin, which marks the increasing of business activity, there are good preconditions for an increasing demand for raw materials in China. The decreasing in oil reserves in the United States will ease the pressure on the oil market for the next few months. CL/WTI, H4 In the near future the market will focus on the upcoming OPEC meeting, which will take place on August 7-8. The volatility over the past few months has remained very high, but it's decreasing. We can expect for sure a continuation of the rates in the frames of the current uptrend. After the price correction, prices may recover to the level of 50-51 dollars. The Stochastic oscillator also indicates a good time to open the deals to BUY on the trend.
  24. Profi STP Account SuperForex has launched a special type of account for those who really want to tap into the full potential of Forex. This type of account is well-known to professional traders as the STP-account. The main advantage of this account type is that your trading operations go directly to a liquidity provider by using an FX Bridge that allows you to get better, more comfortable conditions for trading. Important conditions and advantages of the Profi-STP account: Minimum deposit: $20 000 (or its equivalent in EUR) Leverage from 1:1 to 1:200 All trading instruments available Minimum trading lot: 0.2, with a step 0.1 lot Stop out/margin call: 20%/50% Variable spreads, from 20% on basic pairs Unlimited trading using Expert Advisors Please note that this account is not compatible with our Bonus program, i.e. you cannot apply for bonuses with this kind of account.
  25. Earn more with the 120% Hot Bonus by SuperForex! If you are an active trader on the Forex market and you are looking for additional sources of income, this offer will be right you. SuperForex has developed a unique offer for its customers. Every time you fund your trading account, you get the incredible opportunity to receive 120% bonus funds in your trading account. In order to activate this bonus you just need to register a real trading account, then apply for the bonus and make a deposit.
×
×
  • Create New...