NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Mon May 13, 2013 5:21 am

Congratulations to the winners - DemoCup 12 stage results:

Stage results:

3579479, Ukraine $1 000
3564958, Russia $700
3578027, China $500

3575164, India $200
3580709, China $100
3578729, Ukraine $100
3576425, Indonesia $100
3579890, China $100
3580622, China $100
3582836, China $100



Consolation prizes :


3579429, $50
3578985, $50
3578914, $50
3574892, $50
3571457, $50
3587210, $50
3582553, $50
3580904, $50
3566393, $50
3587277, $50

Disqualified accounts:
3587955, 3583612 – Same IP;
3579812, 3568897 – Same IP;
3579109, 3581968, 3579259, 3579648 – Same IP;
3580486, 3580212 – Same IP.

Date and time of the next contest stage :

Start: 27.05.2013 00:00 (server time).
Finish: 07.06.2013 22:00 (server time).


More Info : http://contest.nordfx.com

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Thu May 23, 2013 5:49 am

The International Association of Forex Traders (IAFT) has finalized the results of voting for the Best Forex Broker 2012. The voting was held on the IAFT Awards website for two months 18 March - 17 May 2013. The IAFT partners include a large number of major and dynamically developing brokers that, in fact, competed to be called the best in 14 categories.

NordFX is very pleased to announce it has won the "Best Broker for Trading with Advisors" IAFT award. The nomination featured 15 other companies but most of the IAFT traders and site visitors chose NordFX. We are thankful for the support and trust extended to our company and will continue to perfect the quality of our work.

In addition, NordFX became one of the IAFT Awards sponsors as we consider such events conducive to healthy competition, professional development, business openness and more reliable services.

At all times NordFX strives to make trading easy, convenient and effective for its customers!

http://nordfx.com/106-NordFX_-_the_Best_Broker_for_Trading_with_Advisors.html

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Tue Jun 18, 2013 6:43 am

NordFX Affiliate Program
 
High incomes having zero investments? It is real if you use NordFX affiliate program!
 
Neither start-up capital nor special Forex market preparation is required. All you need is your desire to build and develop your own business!
 
Our affiliate program is very simple and effective. You attract the clients and obtain commission from their trading activity.
 
We offer you 30% of spread of every transaction of your client!

Read more here
http://nordfx.com/affiliate_program.html

 

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Fri Jun 21, 2013 12:44 pm

NordFX and Currensee, a leading provider of automated Forex trading systems, are pleased to announce the launch of their partnership. Now, thanks to the Currensee Trade Leaders™ Investment Program, a unique auto trading service, you gain the opportunity to automatically execute the trades of professional traders (Trade Leaders) in your account online while preserving full control over your own account. Rest assured that your selected Trade Leaders have gone through a rigorous due diligence process at Currensee based on their performance and risk management track records.
 
It is very easy to work with a Currensee account:
 
1. For your portfolio you select Trade Leaders whose trades you want to execute in your account;
2. Allocate your funds to each Trade Leader;
3. You can add, delete or modify your Trade Leaders at any time;
4. Your Trade Leaders’ transactions are automatically executed in your trading account;
5. You always have access to risk management controls – features that allow you to modify your investment portfolio and trading performance metrics. Besides, you can independently make any changes for trading in your account;
6. Evaluate trading performance and profitability in real-time.

With a Currensee account, you get the most favorable terms:
 
A broad choice of Trade Leaders;
Minimal deposit $1,000;
A unique system of investment and risk management;
Automated trading at any time, even with your computer switched off.

 
Professional strategies and auto trading in your Currensee account, advantageous terms and top quality service open up a new realm of possibilities on the Forex market both for beginners and experienced traders.
 

NordFX news: http://nordfx.com/108-Currensee.html

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Tue Jul 02, 2013 2:29 pm

ZuluTrade Platform

ZuluTrade Ltd. Was founded in 2006 and quickly became popular among traders due to developing its auto trading system. Daily ZuluTrade registers hundreds of signals for buying and selling currencies from world best traders - signals providers. With an account in a broker company partnering with ZuluTrade, any trader gets an opportunity to use providers’ signals for automatic trade on his account.

Advantages of the ZuluTrade auto trading system:

No need for developing your own trading strategy. It’s necessary only to choose a successful trader (a signals provider) and follow their trading instructions automatically;
Full control of the account, including manual trading;
Automatic trade is based on laws of logic and precludes emotions;
Trading instructions come in at any time, even with the computer switched off;
Funds security is guaranteed;
The initial deposit level is very low, which meets the demands of an average investor;
A broad choice of signals providers.


ZuluTrade Account

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Mon Jul 15, 2013 12:55 pm

NordFX is pleased to announce the start of a joint promotion with the payment system NETELLER – “55% Bonus.” Receive up to $4,400 on your deposit and experience a new level of trading! The promotion is running from 8 July up to and including 8 August 2013.

How to receive the bonus?

1. Register an account at NordFX or use an existing one.
2. Deposit $500 – $8,000 or more into your NordFX account via NETELLER.
3. Get a bonus up to $4,400 on the deposit and enjoy your trading!
The promotion has been developed for “Micro” and “Standard” MT4 accounts. The bonus becomes available after account registration and verification and is designated for trading.


Make the best of the opportunity to boost your deposit now!

For the rules and details please visit the “55% Bonus” promotion page:

http://nordfx.com/promo/neteller.html

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Thu Aug 08, 2013 1:58 pm

Forex Affiliate Program by NordFX

Start your internet business with the professional partner!!!

NordFX Affiliate Program

Neither start-up capital nor special Forex market preparation is required. All you need is your desire to build and develop your own business!

Our affiliate program is very simple and effective. You attract the clients and obtain commission from their trading activity.

We offer you 30% of spread of every transaction of your client!

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Thu Aug 29, 2013 12:42 pm

Dear Customers!

In line with its vision for advancing globally and constantly improving the quality of service, NordFX is pleased to announce the opening of a new representative office in Kyiv (Ukraine). Its aim is to provide our Ukrainian customers with efficient and quality services.

The doors are open for all interested in learning about Forex and exchange trade. You’ll always be welcome at the NordFX Kyiv office and receive as thorough consultations as possible in regard to various nuances of trading on international financial markets. And this is not all – here you can attend a free introductory seminar about the Forex market and NordFX products, get basic training and sign up for master classes.

The representative office is open from 10 am till 7 pm local time, Monday through Friday. It’s also possible to make a personal appointment with a company manager on prior notice. For our contact information please visit our site.

You are very welcome at our new office!

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Sat Sep 21, 2013 5:59 am

Dear Customers,

NordFX cancels all commissions for funds withdrawals via the payment system NETELLER!

Now operations with a trading account become easier and more profitable. Just as you deposit into your NordFX account via NETELLER without fees, you also get the chance to withdraw funds via NETELLER at zero cost.

We’re happy to provide our clients with an even more convenient and efficient way to work with their accounts. Make the best of the new opportunity to withdraw funds via NETELLER free of charge!

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Sun Oct 13, 2013 11:57 am

Dear customers! From October 7th NordFx will be changing some of our trading terms.

1) Micro and Welcome! accounts will have changes in the size of fixed spreads:

2) Due to the extremely low demand on standard accounts (and, where applicable, MT-ECN) we stop supporting the following currency pairs USDSGD, AUDSGD, NZDSGD, USDHKD, SEKJPY, USDMXN, USDDKK, CHFNOK, CHFSEK. From October 7th, they will be available on-Close Only terms, and before the closing of the market on October 11th all the remaining positions will be manually closed at market price. This will help reduce the load on our servers and focus technical resources on those currency pairs that are actually demanded by our customers.
3) The commission for MT-ECN accounts will be reduced from $7 to $5 for 1 lot (from $5 to $3.5 on a turnover in the account above 900 lots per month).

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Mon Nov 25, 2013 3:39 am

NordFX further expands its range of payment systems. Now Elecsnet and HandyBank, an Internet banking system, are at your disposal and will allow for an easy transfer of money to your trading account.

Funds deposits become even faster and handier also due to the fact that you don’t have to register a wallet in a payment system to use Elecsnet. All you need to do is find one of many Elecsnet payment terminals in your city and deposit money into our HandyBank account. Deposit details and a step-by-step instruction are provided in the Trader’s Cabinet where you can simply select “Elecsnet and HandyBank” as a funding method.

Elecsnet is a leading Russian company that makes possible round-the-clock instant payments for goods and services as well as fast money transfers. The company has about 3,700 terminals in 49 regions of Russia and keeps enlarging its geographic reach.

We are confident that our partnership with Elecsnet and HandyBank will help you manage your trading account with greater ease and convenience.

http://nordfx.com/113-Elecsnet_and_HandyBank.html

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Thu Dec 05, 2013 12:38 am

NordFX is pleased to announce the release of the latest version of the mobile platform MetaTrader 5 iOS. The new application contains revised charts and market depth, updated chat as well as “News” and “Mailbox” tabs, so important to traders. The number of timeframes has been increased – weekly and monthly time intervals are now available.

Using charts in the mobile application is much easier now. Rendering has become faster, inertial scrolling and more scaling steps have been added. The chart color scheme can be changed by the user from now on. In addition, the Quick Edit mode has been introduced. It allows traders to re-size, move and delete indicator windows directly from a chart. To enter the mode, press and hold the tap on the chart.

The chat in MetaTrader 5 iOS has also undergone some significant changes. Messages can now contain up to 1000 characters, and the login auto-complete function when searching for a contact has been added. Also, it is now possible to register and log into MQL5.com directly from the mobile application.

Besides, the new version for iPad has been developed. It provides the entire functionality of the iPhone application and some additional features to boot:

Displaying up to four charts with individual settings
Various options for arranging chart windows
Handy Toolbox window with adjustable height to display orders, trade history, emails, news and the journal
One click trading from the chart
Quick navigation to the Close and Modification dialogs by tapping a position or an order.

The chat and social features of MetaTrader 4 iOS have also been upgraded. Now the mobile platform has the About section which allows you to manage sound alerts, news and the screen auto-lock mode. Besides, when switching timeframes, the chart will be shifted to the latest quote.

The new MetaTrader 5 iOS for iPhone or iPad can be downloaded directly from the App Store: https://itunes.apple.com/en/app/metatrader-5/id413251709?mt=8

The latest MetaTrader 4 iOS is available at: http://itunes.apple.com/en/app/metatrader-4/id496212596?mt=8

We trust that the improved functionality of the mobile platforms will make your trading more efficient, handy and enjoyable.

http://nordfx.com/114-MetaTrader_5_iOS.html

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Re: NordFX.com - ECN/STP, MT4, MT5, Multiterminal broker

Post  NordFX Sage on Fri Dec 20, 2013 3:10 am

Dear Customers! Please review the schedule of trading sessions for the Christmas and New Year holidays below:


From market opening on Monday 23.12.2013 to Thursday opening 02.01.2014, margin call and stop out levels will be increased up to 100% for “Micro,” “Standard,” “Welcome!” and “ZuluTrade” accounts. In the absence of stable market liquidity, NordFX reserves the right to increase the spreads for the financial instruments on the quotation lists of “Micro” and “Welcome!” accounts, or to stop quoting on specific currency pairs (for any type of account) until the market situation is back to normal.

We remind you that low liquidity and unpredictable movements in the market characterize the holiday period. Therefore, NordFX recommends providing sufficient margin for positions that may remain open during the holidays, to prevent automatic liquidation of positions at an undesirable price.

http://nordfx.com/117-Christmas_and_New_Year_holidays.html

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Attention: For Users of Mobile Applications from Forex On The Go

Post  NordFX Sage on Wed May 14, 2014 9:59 am

This is to inform you of the changes in servicing MetaTrader 4 and MetaTrader 5 applications for iOS and Android mobile devices. As of 7 May 2014, NordFX stopped the use of mobile applications from Forex On The Go until further notice.

For you to continue with mobile trading, we recommend that you download the latest MT4 and MT5 mobile applications provided by MetaQuotes. Their broad functionality will allow you to manage your trading account on a mobile device with ease and efficiency.

MetaQuotes mobile terminals for iPhone, iPad and Android devices can be downloaded at:
http://nordfx.com/NordFX_MT4_iPhone_iPad_iPodTouch.html
http://nordfx.com/NordFX_MT4_Android.html
http://nordfx.com/MetaTrader_5.html

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Forex Magnates: John Gordon on NordFX, Forex and its prospects

Post  NordFX Sage on Wed May 14, 2014 10:00 am

As many of you know, the Forex Magnates website is the place to be for Forex brokers and investors. There you get information about all the key market players and see all the important industry news.

Not so long ago NordFX had an interview published in the Forex Magnates Directory. The questions were put to John Gordon, a leading NordFX financial advisor. He told about the company, the state of affairs on Forex and its prospects.

To read the entire interview, please visit: http://directory.forexmagnates.com/interviews/id/28/

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No Fees for Deposits via OKPAY

Post  NordFX Sage on Mon Jul 07, 2014 4:16 am

As of July 2014, NordFX customers receive another opportunity to fund their trading accounts quickly and at no cost – by using the OKPAY online system. Deposits are instant and carry zero commissions.

OKPAY is a leading online payment system offering services to individuals and companies in over 200 countries. An OKPAY wallet will help you manage funds with ease and efficiency thanks to:
- free and simple account registration on the OKPAY website;
- lots of ways to load your OKPAY wallet (bank wire and money transfers, checks, various e-currencies, phone payments);
- the availability of different types of financial transactions (transfers, sending and receiving of money, withdrawals, conversion of currencies, payments for goods and services and other online payments);
- a multi-level security system – from basic protection with security questions and codes, the Extended Validation SSL Certificate to auto-logout, IP address filtering and one-time PIN-codes sent to customers’ mobile phones.

Take advantage of the OKPAY payment system and make work with your NordFX trading account even more handy, organized and cost-effective.

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Generalized Forex Forecast for 13-17 October 2014

Post  NordFX Sage on Mon Oct 13, 2014 11:31 am

Colleagues,

In order to help facilitate our work in the field of Forex, I bring to your attention a summary table in which I collected the opinions of 35 analysts and leading world banks and broker firms as well as forecasts made based on most different methods of technical analysis (26 indicators and special programs).

Please note that I am not making my own forecasts but simply gathering together opinions of different sources on the upcoming movements of the main major pairs. I hope this information will help you set your goals for this week. Or, at least, save you from making wrong moves.

I would be genuinely pleased if you, colleagues, do not just pass by but also share your own information on this subject.

Roman Butko, NordFX

WE DO NOT ADVISE, WE INFORM!


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Currensee alert!

Post  NordFX Sage on Wed Oct 15, 2014 6:26 am

We wish to inform you that on October 31st 2014, Currensee and the Trade
Leaders Program will cease operation.


Through October 31st, NordFX Currensee account holders will not be able
to change allocations or allocate further margin to the Currensee Trade
Leaders™ Investment Program. Trade copying will continue as usual unless
the client de-allocates margin from their account manually. All follower
positions will be closed at 9:00am EDT on October 31st. Of course,
any remaining funds will sit in your NordFX Currensee accounts.

Registration of new Currensee accounts is closed.

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Generalized Forex Forecast for 20-24 October 2014

Post  NordFX Sage on Mon Oct 20, 2014 1:43 pm

Colleagues,

To help facilitate your hard work in the field of forex, I bring to your attention a summary table in which I collected the opinions of 35 analysts and leading world banks and broker companies as well as forecasts based on most different methods of technical analysis (26 indicators and special programs).

As for the last week’s forecast, overall it came true for three pairs out of the four:
- the GBP/USD pair experienced the predicted drop to 1.5870 as well as the predicted reversal that returned it to the market risk level;
- for the USD/JPY pair experts predicted a sideways trend which happened, although with quite high volatility;
- the USD/CHF also experienced the predicted drop and reversal;
- yet for the EUR/USD pair the majority of "votes" predicted a steady drop and only one system of graphical forecasting showed a growth towards 1.2830. It is this exact scenario that was realized with almost 100% accuracy.

Roman Butko, NordFX

WE DO NOT ADVISE, WE INFORM!


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GENERALIZED FOREX FORECAST FOR 27-31 OCTOBER 2014

Post  NordFX Sage on Wed Oct 29, 2014 8:17 am

Colleagues,

I bring to your attention a summary table in which I’ve collected the opinions of 35 analysts and leading world banks and broker firms as well as predictions based on different methods of technical analysis (26 indicators and special programs).

As for last week’s forecast, it was confirmed with 100% accuracy for all four pairs:
- EUR/USD displayed a steady fall in the first half of the week, after which the euro won back some of its positions (open 1.27501, low 1.26129, close 1.26695);
- GBP/USD also experienced the predicted fall of three black candles;
- USD/JPY experienced a steady increase from 107.202 to 108.150;
- as for USD/CHF, experts and indicators predicted a side trend with a slight increase, which indeed happened.

Roman Butko, NordFX


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GENERALIZED FOREX FORECAST FOR 3-7 NOVEMBER 2014

Post  NordFX Sage on Tue Nov 04, 2014 6:36 am

Dear colleagues,

Generalizing in a table the opinions of 35 analysts from world leading banks and broker companies and forecasts based on different methods of technical analysis, the following can be concluded:
- for 3-7 November, EUR/USD can be expected to move sideways with a downward slide to 1.2470-1.2480;
- approximately the same can be said about the GBP/USD pair – the levels of support will be 1.5940 and 1.5880;
- after an impressive growth last Friday, USD/JPY is likely to experience a break in its sideways trend;
- USD/CHF will also be in a sideways trend, although in the medium term the pair may rise to the level of 0.9703.

As for last week’s forecast:
- The forecast for EUR/USD showed a sideways trend with a fall and a rise of 50% by 50%. This is what actually happened – for the first half of the week the pair fell and for the second half it went up.
- The forecast for GBP/USD was confirmed 100% – the pair showed a black weekly candle, having fallen from 1.6083 to 1.5940.
- The dollar displayed steady growth against the Japanese yen and so fully justified the forecast.
- Finally, a sideways trend with a slight growth was predicted for USD/CHF, which is what happened.

Roman Butko, NordFX


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GENERALIZED FOREX FORECAST FOR 10-14 NOVEMBER 2014

Post  NordFX Sage on Tue Nov 11, 2014 2:13 pm

Generalizing in a table the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical analysis, the following can be concluded:
- for 10-14 November, the most probable movement of the EUR/USD pair is downwards to the level of 1.2300-1.2340 while a temporary rise to 1.2510-1.2540 is not excluded;
- approximately the same can be said about the GBP/USD pair, the main trend being a fall to the level of 1.5760 and the strongest level of resistance for this pair being 1.6000;
- for USD/JPY analysts predict a sideways trend, while technical analysis indicators for the most part predict further strengthening of the dollar. Most probably last week’s scenario will be repeated – a small growth against the background of sideways movement;
- USD/CHF will carry on striving to rise above the key level of 0.9700.

As for last week’s forecast:
- the forecast for EUR/USD showed a fall to the level of 1.2470, which is what happened, although the fall proved to be more rapid – the pair finished at 1.2454;
- the black candle for GBP/USD was also confirmed, and the pair ended the week at 1.5872, close to the predicted support level;
- for the USD/JPY pair sideways movement with a definite rise was predicted but in reality the dollar got strengthened more than expected;
- and finally, USD/CHF fully confirmed the forecast, having held a sideways trend all week, albeit with relatively high volatility for this pair.

Roman Butko
NordFX



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GENERALIZED FOREX FORECAST FOR 17-21 NOVEMBER 2014

Post  NordFX Sage on Tue Nov 18, 2014 6:11 am

Generalizing the opinions of 35 analysts from world leading banks and broker companies collected in the table as well as forecasts based on most different methods of technical and graphical analysis, the following can be concluded:
- for the period of 17-21 November, the EUR/USD pair will once again be testing the level of 1.2400, although at the start of the week a small rise to 1.2550 is possible;
- concerning GBP/USD, we can predict a sideways trend with sliding downwards to the level of 1.5580. At the same time, graphical analysis indicates there may be a short hike to 1.5725;
- the USD/JPY pair is probably going to duplicate its behavior in the previous two weeks, strengthening the dollar by another 100-120 points and reaching the level of 117.30;
- opinions regarding the USD/CHF pair diverge. An attempt to sum them up points to a sideways movement with quite strong volatility and a downward tendency to 0.9550.


As for last week’s forecast:
- the EUR/USD outlook was confirmed only partly. However, if any traders didn’t win by taking it into account, they at least should not have lost either. To recap, for 10-14 November analysts predicted a sideways trend with a small slump while indicators unanimously pointed downwards. As predicted, already by Monday-Tuesday the pair tried to break through the level of 1.2400 and then repeated this attempt on Friday, both times unsuccessfully. As a result, EUR/USD finished the week exactly in the range of the predicted rebound 1.2510-1.2540;
- as for GBP/USD, the opinions of both analysts and indicators were unequivocal – downwards and only downwards to the level of 1.5760, which is what happened with 100% accuracy;
- the USD/JPY pair was predicted to repeat the scenario of the first week of November – a sideways movement with definite growth. If you compare the weekly charts, you will see that they practically repeat each other;
- finally, USD/CHF nearly mirrored the behavior of EUR/USD – it got close to its goal of 0.9700 twice but near the very end of Friday it rolled down to last week’s minimum due the news from the USA.

Roman Butko, NordFX


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GENERALIZED FOREX FORECAST FOR 24-28 NOVEMBER 2014

Post  NordFX Sage on Tue Nov 25, 2014 6:02 am

Generalizing the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be concluded:
-   24-28 November, while securing itself at 1.2400, the EUR/USD pair will be in a sideways trend. At the same time, a fall to the 1.2350 mark is possible;
-   a sideways trend can also be predicted for GBP/USD with strengthening volatility in the corridor of 1.5575-1.5720 towards the middle of the week;
-    the USD/JPY pair, most probably, will once again strive to get to the level of 118.75-119 after which a retreat to 115.70 will follow;
-    and finally, after several weeks of deliberation both analysts and indicators have reached the consensus that USD/CHF will continue moving upwards to at least 0.9740.

As for last week’s forecast:
-   the general outlook for EUR/USD was fully confirmed. Both the predicted growth at the start of the week and the fall to the level of 1.2400 occurred. Although the upper boundary of the range turned out to be slightly higher than the calculated one (1.2550), we can say that the pair worked within the prescribed limits, finishing the week with the long awaited spectacular break of the lower rate of 1.2400;
-   as for the GBP/USD pair, a sideways trend with possible growth to the 1.5725 mark and sliding down to the level of 1.5580 was predicted, which is what happened. After a bold swoop on the top boundary of 1.5725, already Monday morning  the pair  began rolling down rapidly, stopping at the 1.5590 mark 19 November and then rebounding to the levels of the beginning of the week;
-  as predicted, USD/JPY repeated its behaviour over the previous two weeks precisely, breaking through the 117.30 mark on Wednesday and strengthening the dollar by another 160 points;
-  the opinions of the analysts and the technical analysis indications regarding USD/CHF diverged. With that, strong volatility with a possibility of a fall to 0.9550 was predicted for the pair. The range of the fluctuations of the exchange rate indeed turned out to be strong – over 175.5 points, while the pair approached the 0.9550 mark more than once.

Roman Butko, NordFX


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GENERALIZED FOREX FORECAST FOR 1-5 DECEMBER 2014

Post  NordFX Sage on Tue Dec 02, 2014 6:06 am

Generalizing in a table the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on various methods of technical and graphical analysis, the following can be concluded:
-  for the period of 1-5 December, the EUR/USD pair is expected to have a sideways trend with quite high probability of falling to 1.2350;
-  the battles of the bulls and the bears seem to be slowing down ahead of Christmas holidays. Thus, GBP/USD will most likely display a sideways movement in the 1.5580-1.5675 range while at the same time the pair may show a downward tendency;  
-  the USD/JPY pair, lacking any obvious trends, doesn’t divert from the general picture either. The main fluctuations will be occurring around the axis of 118.30. With that, at the start of the week a rise to 119.15 is possible, followed by a rebound to 117.60 and even to 117.10;  
-  finally, USD/CHF is still predicted to go up to 0.9700-0.9800 in the medium term. The support is at the level of 0.9620.

Let’s have a look at last week’s forecast:
-  the EUR/USD pair was predicted to have a sideways trend around the level of 1.2400 and a possible fall to 1.2350. In reality, the pair went down to 1.2360 for a short period of time and then continued its sideways movement, finishing the month at practically the same mark as at the beginning of November – 1.2450;
-  as for GBP/USD, a sideways trend was also predicted with strengthening volatility in the corridor of 1.5575-1.5720 in the middle of the week. The forecasts came true concerning the sideways trend and the increased volatility – the pair finished at the same level as it started at the beginning of the week while the peak of the fluctuations of the exchange rate came about on Wednesday-Thursday. However, the experts were mistaken about the boundaries of the corridors – they turned out to be significantly higher at 1.5620-1.5820;
-  the USD/JPY pair demonstrated the promised attempts to conquer 118.75 twice in one week, which happened on Friday. However, since that occurred at the very end of the weekly session, the pair apparently didn’t have enough time for a serious rebound downwards, which we can expect in the next week or two.

Roman Butko, NordFX


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