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tifagabe

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  1. Forex Forecast EURUSD, GBPUSD, USDJPY and USDCHF for 28 November - 02 December 2016

    First, a review of last week’s forecast:

    • As a reminder, last week more than half of oscillators indicated the overselling of the EUR/USD pair, which gave a reason to talk about a temporary pause in the pair’s southward movement. And so it happened. However, this can hardly be called a correction. It will be more precise to talk about a transition to a sideways trend with a Pivot Point of 1.0585. The pair has not yet been able to reach its goal, the minimum of 2015 at 1.0450, and has finished the week in the same place where it began: in the area of the Pivot level;    
    • With regard to the forecast for GBP/USD, 40% of analysts were in favour of the pair’s growth, whilst 20% favoured a sideways channel. Graphical analysis indicated the levels of 1.2270 and 1.2440 as boundaries of such a channel. The pair has indeed failed to cross the lower boundary and on Monday leapt upwards by 200 points, turning the level of 1.2440 into a Pivot Point. It moved along it for all four remaining days;
    • However, USD/JPY has surely disappointed those 60% experts who had expected its decline. It moved sideways until mid-Wednesday, fluctuating slightly, almost as if it was wondering what direction to choose. The news that came from the US dispelled its doubts, and the pair went up sharply, rising by nearly 300 points. In total, over the past three weeks, the yen lost more than 1000 points to the dollar;
    • USD/CHF: the experts' opinions diverged regarding the behaviour of this pair: 55% voted in favour of its growth, 45% voted for its fall. As a result, as is often the case, the pair mirrored the behaviour of EUR/USD, having returned to Monday’s values on Friday.



    Forecast for the Upcoming Week.
    Summing up the opinions of several dozen analysts from world leading banks and brokerage companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be suggested :

    • In their forecast for EUR/USD, all the indicators splitthemselves into two groups:  the predictions on H4 foretell a sideways trend, whilst D1 clearly indicates a southward one. The opinion of the latter is supported by the vast majority (70%) of analysts, who identify the levels of 1.0500 and 1.0460 as potential support levels. The remaining 30% of experts believe that the pair will still rebound up to the 1.0650-1.0700 area. A compromise solution is offered by graphical analysis which draws a sideways channel with a quite wide range of 1.0500-1.0720. It should be kept in mind that on Friday 2 December the US employment data change (NFP) will be published, which is usually accompanied by significant dollar pairs spikes;
    • Forecasts for GBP/USD suggest a lateral movement of this pair with a predominance of bullish trend. Such statements are based both on the readings of the indicators (65% are for growth, 35% have taken a neutral position), and on the opinion of analysts (35% are for growth, 35% predict a decline, 30% remain neutral). As for graphical analysis on D1, it suggests that the pair has reached its local maximum, and is now expected to decline first to the level of 1.2070, and then even lowerto the support of 1.1945. The nearest resistance is in 1.2495-1.2515 zone; the next resistance levels are 1.2560 and 1.2675;
    • USD/JPY: The forecast for this pair is almost completely identical to the one given for the previous week. Indicators clearly show the pair's growth, with half of the oscillators indicating that the pair is overbought. 55% of experts continue to expect a decline of the pair. This opinion is shared by graphical analysis on H4 as well, which points to respective support levels at 111.35, 110.80 and 109.80. As for the resistance levels, W1 and D1 clearly show that the pair has reached the corridor where it was moving in February-March 2016. Its upper boundary is within the 113.80-114.85 range, whilst the lower one, 110.80, coincides with the readings of graphical analysis;
    • USD/CHF: It is clear that almost 100% of indicators look upward. The analysts’ opinions are the following: 45% predict growth, 30% a decline, and 25% a lateral trend. The latter opinion is also supported by graphical analysis, which points to a sideways movement in the 1.0100-1.01900 channel. The next resistance is at 1.0200 and the support levels are at 1.0060 and 1.0000. At the same time, we can reasonably assume a high chance that this week, just as in the previous one, the pair’s behaviour will once again constitute a mirror image of that of EUR/USD.



    Roman Butko, NordFX

    Notice: These materials should not be deemed as a recommendation for investment or guidance for working on financial markets and they are for informative purposes only. Trading on financial markets is risky and it can lead to loss of money deposited.
     

  2. Forex Forecast EURUSD, GBPUSD, USDJPY and USDCHF for 28 November - 02 December 2016

    First, a review of last week’s forecast:

    • As a reminder, last week more than half of oscillators indicated the overselling of the EUR/USD pair, which gave a reason to talk about a temporary pause in the pair’s southward movement. And so it happened. However, this can hardly be called a correction. It will be more precise to talk about a transition to a sideways trend with a Pivot Point of 1.0585. The pair has not yet been able to reach its goal, the minimum of 2015 at 1.0450, and has finished the week in the same place where it began: in the area of the Pivot level;    
    • With regard to the forecast for GBP/USD, 40% of analysts were in favour of the pair’s growth, whilst 20% favoured a sideways channel. Graphical analysis indicated the levels of 1.2270 and 1.2440 as boundaries of such a channel. The pair has indeed failed to cross the lower boundary and on Monday leapt upwards by 200 points, turning the level of 1.2440 into a Pivot Point. It moved along it for all four remaining days;
    • However, USD/JPY has surely disappointed those 60% experts who had expected its decline. It moved sideways until mid-Wednesday, fluctuating slightly, almost as if it was wondering what direction to choose. The news that came from the US dispelled its doubts, and the pair went up sharply, rising by nearly 300 points. In total, over the past three weeks, the yen lost more than 1000 points to the dollar;
    • USD/CHF: the experts' opinions diverged regarding the behaviour of this pair: 55% voted in favour of its growth, 45% voted for its fall. As a result, as is often the case, the pair mirrored the behaviour of EUR/USD, having returned to Monday’s values on Friday.



    Forecast for the Upcoming Week.
    Summing up the opinions of several dozen analysts from world leading banks and brokerage companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be suggested :

    • In their forecast for EUR/USD, all the indicators splitthemselves into two groups:  the predictions on H4 foretell a sideways trend, whilst D1 clearly indicates a southward one. The opinion of the latter is supported by the vast majority (70%) of analysts, who identify the levels of 1.0500 and 1.0460 as potential support levels. The remaining 30% of experts believe that the pair will still rebound up to the 1.0650-1.0700 area. A compromise solution is offered by graphical analysis which draws a sideways channel with a quite wide range of 1.0500-1.0720. It should be kept in mind that on Friday 2 December the US employment data change (NFP) will be published, which is usually accompanied by significant dollar pairs spikes;
    • Forecasts for GBP/USD suggest a lateral movement of this pair with a predominance of bullish trend. Such statements are based both on the readings of the indicators (65% are for growth, 35% have taken a neutral position), and on the opinion of analysts (35% are for growth, 35% predict a decline, 30% remain neutral). As for graphical analysis on D1, it suggests that the pair has reached its local maximum, and is now expected to decline first to the level of 1.2070, and then even lowerto the support of 1.1945. The nearest resistance is in 1.2495-1.2515 zone; the next resistance levels are 1.2560 and 1.2675;
    • USD/JPY: The forecast for this pair is almost completely identical to the one given for the previous week. Indicators clearly show the pair's growth, with half of the oscillators indicating that the pair is overbought. 55% of experts continue to expect a decline of the pair. This opinion is shared by graphical analysis on H4 as well, which points to respective support levels at 111.35, 110.80 and 109.80. As for the resistance levels, W1 and D1 clearly show that the pair has reached the corridor where it was moving in February-March 2016. Its upper boundary is within the 113.80-114.85 range, whilst the lower one, 110.80, coincides with the readings of graphical analysis;
    • USD/CHF: It is clear that almost 100% of indicators look upward. The analysts’ opinions are the following: 45% predict growth, 30% a decline, and 25% a lateral trend. The latter opinion is also supported by graphical analysis, which points to a sideways movement in the 1.0100-1.01900 channel. The next resistance is at 1.0200 and the support levels are at 1.0060 and 1.0000. At the same time, we can reasonably assume a high chance that this week, just as in the previous one, the pair’s behaviour will once again constitute a mirror image of that of EUR/USD.



    Roman Butko, NordFX

    Notice: These materials should not be deemed as a recommendation for investment or guidance for working on financial markets and they are for informative purposes only. Trading on financial markets is risky and it can lead to loss of money deposited.
     

  3. Refer a Friend and Get a Bonus

    We are happy to inform you that NordFX offered “Refer a Friend” promotion. You will receive a pleasant bonus to your account for each client that you bring to the Company.

    The promotion is simple and available for all the NordFX clients:

    1. Refer a Friend to NordFX
    2.     The Friend will open an account and make а deposit
    3.     You gain 10% of the Friend’s deposit



    We invite everyone to take part in the promotion and get your bonus!

    For more details, see here : http://nordfx.com/promo/refer_friend
     

  4. NORDFX Receives Three New Awards

    At the start of November 2016, our company won yet other three prestigious awards.

    The result of the vote which took place during the Forex Expo AwardswasNordFX emergingas the winner in two categories: "Best 24/7 Customer Service" and "Best Binary Option Trading Platform."

    To add to this, we were named "Most Reliable Broker" of the year 2016 at TheForeXAwards.com website.

    We are proud of the fact that traders all over the world have appreciatednot only the reliability and the high quality customer serviceof NordFX, but also our new innovative platform for trading binary options: NordMachine.

    We are grateful for the support youoffered and for your trust!

    awardnorden_zpsrsjstscr.png


    Company NordFX news.

     

  5. NordFX announce that as of 11 April 2016, new conditions of the Affiliate Program come into effect and partner commissions will be almost doubled! This is the most significant upgrade in the history of our Affiliate Program.

    The basic commissions increase as follows:

    •     For “Micro” – from 25% to 40% of the spread!
    •     For “Account 1:1000” – from 25% to 30% of the spread!
    •     For “Standard” – from 20% to 30% of the spread!
    •     For “MT-ECN” – from 20% to 30% of the spread!



    VIP partners get even more attractive terms:

    •     For “Micro” – commission 50% of the spread!
    •     For “Account 1:1000” – commission 40% of the spread!
    •     For “Standard” – commission 40% of the spread!
    •     For “MT-ECN” – commission 40%!



    Current NordFX partners will be transferred to the new conditions automatically.

    The updated terms and the revised Partner Agreement can be viewed in detail on the website http://nordfxpartners.com/.

    We trust that you will see value in such a major improvement of the partner conditions and considerably increase your revenues from the NordFX Affiliate Program.
     

  6. Forex Forecast EURUSD, GBPUSD, USDJPY and USDCHF for November 21-25,

    First, a review of last week’s forecast:

    •   It is clear that the dynamics of the dollar exchange rates are now largely determined by the actions of the US President-Elect Donald Trump, which have thus far been driving a continuing strengthening of the American currency. As a reminder, in the medium term forecast the vast majority of experts (70%) predicted a decline in the EUR/USD pair to the area of 1.0600-1.0750. However, the reality has surpassed all expectations as the pair had already managed to reach these values by last week, stopping at around 1.0588 on Friday night;
    •   Regarding the forecast for GBP/USD, 50% of analysts with the support of graphical analysis thought that the pair had reached its local maximum at 1.2670. They therefore expected it to fall at the very least to the support level of 1.2380, or even lower. That was what happened: last week, the pair, having lost more than 300 points, reached its bottom at around 1.2300;
    •   USD/JPY: citing the opinion of experts about a possible decline of the pair to the 104.00-104.50 area, we immediately qualified the statement by saying that, as with the previous cases, the trend direction here would depend on what the future US President would say and do. As a result, contrary to the forecasts of analysts, the dollar managed to significantly strengthen against the yen - by the end of the week the pair was ready to take the height of 111.00. However, it never actually managed to complete this ascent, ending the session at 110.90;
    •   For several months, experts expected the return of USD/CHF to the 1.0000-1.0100 range. This opinion was almost unanimous: 90% to 100% of analysts agreed with this forecast, and it was finally realised this week: on Monday the pair reached the landmark 1.0000 level, turning it into a Pivot Point for three days before rushing upwards. It ended the week in the 1.0100 area.



    Forecast for the Upcoming Week.
    Summing up the opinions of several dozen analysts from world leading banks and brokerage companies as well as forecasts based on different methods of technical and graphical analysis, we can suggest the following :

    • It is clear that all indicators on H4 and D1 are looking southwards when predicting the future of EUR/USD. At the same time, however, more than half of the oscillators indicate the overselling of the pair, which could imply a possible correction. 40% of experts and graphical analysis on H4 agree with this. They believe that before it continues to fall, the pair may first rise to the 1.0700-1.0800 area. As for the local low point, the most commonly cited level is the 2015 low of 1.0450. However, about 15% of analysts remark that we cannot exclude the possibility of full parity within the next few months (i.e. that the pair would settle at the 1.0000 mark);  
    • Similarly to the case of EUR/USD, the indicators predict a decline of the GBP/USD pair, with a quarter of them indicating an overselling. Experts also cannot agree in their forecasts: 40% of them maintain that the pair will fall, 40% think it will grow, and the remaining 20% foresee a sideways trend. If we add the indications of graphical analysis on H4 to the above, we can presume that the pair will potentially move laterally for a short while within the 1.2270-1.2440 channel, with the Pivot level being 1.2330. In the long-term, however, a majority of 60% of analysts predict that the pair will fall, naming 1.2100 and 1.1940 as support levels;
    • USD/JPY: Despite last week's steady growth, almost 60% of experts continue to expect a decline of the pair, naming 107.50 and 105.50 as target levels. The observation that the pair has been overbought, as almost a third of the oscillators suggest, makes it possible to talk about a trend reversal. However, graphical analysis tells us that the pair may spend some time moving sideways within the boundaries of 108.55-112.00, having a Pivot level of 110.00;
    • After USD/CHF reached its long-sought target of 1.0000-1.0100, the indicators started showing that this pair was overbought as well, suggesting, therefore, that it can be expected to fall to the level of 0.9900. The main resistance in this case is located at the level of 1.0135.45% of experts and graphical analysis on H4 agree with this judgement. As for the remaining analysts, they hold the belief that the dollar's potential is far from exhausted: we should expect it to continue strengthening and striving to the heights of January 2016, which are located in the 1.0260 area.


    Roman Butko, NordFX

    Notice: These materials should not be deemed as a recommendation for investment or guidance for working on financial markets and they are for informative purposes only. Trading on financial markets is risky and it can lead to loss of money deposited.
     

  7. Generalizing Binary Option trading in NordFX :

    Once you have deposited funds, you can make a trade by clicking "Call" if you believe that the price of the chosen asset will rise by expiry, or by clicking "Put" if you believe that the asset price will fall by expiry.
    You will then be asked the amount you wish to invest and to approve the trade. The selection may be canceled by clicking on "X" at any time before the approval of the trade.

    Please note that the rate keeps updating in the investment box.


    Sign up and Trade Now!
     

  8.  

     

    REBATE OF UP TO $22.5 PER LOT FOR NORDFX CLIENT NORDFX FROM INDONESIA!

    NordFX return of a part of the spread to the trading account of the Participant. Rebate is calculated in USD depending on the volume of trade turnover of the Participant in the amounts specified in the Table.

    rebatepost.png

    THE RULES OF THE PROMOTION


    “REBATE OF UP TO 22.5 USD PER LOT!”



    1. Rebate is a bonus for trading on accounts of NordFX broker company and it is a return of a part of the spread to the trading account of the Participant. Rebate is calculated in USD depending on the volume of trade turnover of the Participant in the amounts specified in the Table.

     2. Any trader can participate in this promotion. This requires the following:
    – click on the link “Obtain REBATE” on this website and go to the official website of NordFX,  
    – register as the client of NordFX broker company, pass verification and open a trading account of the following types in the company: Micro, 1:1000, Standard, MT-ECN, Binary Options and Nord Machine.  

    – the first minimum replenishment of the account will make $100.
    – notify on opening of the account, specifying your name and account number by e-mail a_54ni@yahoo.com .

    3. NOTE! The accounts, opened otherwise than in a manner specified in the clause 2, will not participate in the Promotion.

    4. The number of accounts, which you can open according to the clause 2, is unlimited. Subject to compliance with these Rules, Rebate will be accrued on each of them.

    5. Rebate is calculated and accrued only for closed trades of the Participant.

    6. Rebate will not be accrued from the trades closed with a trade result (profit/loss) less than the amount of Rebate on these trades (see Table 1).
    Example:
    Rebate for AUDUSD pair on Micro account makes $12.8 for 1 lot of trade turnover, i.e. 1.28 points. Thus, if the result of a specific trade (profit or loss) made less than 1.28 points, Rebate for this trade will not be accrued.

    7. If it is discovered that the Participant of the Promotion uses the strategies aimed at obtaining greatest possible Rebate, this Participant will be excluded from participation in this Promotion, and Rebate, accrued to him, can be written off by the company unilaterally.


    8. Rebate is credited to the account of the Participant of the Promotion once a week.

    9. IB-partner (introducing broker) 1111059 of NordFX company is an organizer and performer of this Promotion. By his decision, the conditions of the Promotion can be changed unilaterally, to the point of its complete termination.

    10. The Participant of this Promotion can participate in other promotions and bonus programs of NordFX company without any limitations, subject to compliance with conditions of such promotions.



    Earn extra income in Forex with NordFX!

    Especially for Indonesian traders who will join NordFX can enjoy the Service Rebate Share up to $ 22.5 of each your transaction!

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  9. Forex Forecast EURUSD, GBPUSD, USDJPY and USDCHF for November 14 – 18 , 2016

    First, a review of last week’s forecast:

    •   In anticipation of the US Presidential election, most experts simply refused to make any predictions on USD pairs. However, in the medium-term forecast, expecting the victory of Hillary Clinton 85% of experts predicted growth in the dollar and a decline of the EUR/USD pair. As a reminder, during the entire second half of October, forecasts were based on the pair's progress to the level of 1.0800. Come November 8, Donald Trump becomes President of the United States and the pair quickly climbed 300 points to the level of 1.1300. Then, as if his rival won the election, it collapsed just as quickly, reaching the trough at 1.0830 on Friday;    
    •   Similar forecasts and uncertainty were observed with respect to GBP/USD as well. As a result, in spite of the American election, the pair managed to hold out in the corridor of 1.2350-1.2550 for most of the week. Only at the end of the week, having broken through the upper boundary of the channel, it went on northward. As a result, whilst the election led to the dollar strengthening against the euro, it also led to its surrendering to the British pound;
    •   USD/JPY. Speaking about the future of this pair, 70% of analysts predicted growth of the pair to the 106.00-107.00 zone, which is what happened: it is in this range that the pair finished this hectic week;
    •   More than 90% of the experts believed that the USD/CHF pair should certainly go back to 1.0000-1.0100 marks. Graphical analysis agreed with this opinion as well, naming 0.9820 as the first target. This forecast can also be considered fulfilled: having survived the first shock of Trump's election, the pair returned to the set trend, reaching the resistance of 0.9820 by Thursday. It then broke through it to approach the level of 0.9900.


    Forecast for the Upcoming Week.
    Summing up the opinions of several dozen analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis,we can suggest the following :

    • It is clear that all indicators on H4 and D1 are looking southwards when predicting the future of EUR/USD. But most experts have an opposite opinion: about 70% of them believe that the pair should return to the level of 1.1000. Graphical analysis found a compromise between the computer and the human mind - it indicates an initial fall of the pair to the level of 1.0800, followed by a rise to 1.1055. After that, according to its forecast, the pair will go down again to the support level of 1.0850. As for analysts, when giving their medium-term forecast 70% of them named the zone of 1.0600-1.0750 as the trough;
    • Analysts are split exactly halfway on the future of GBP/USD. 50% of them, in full agreement with the indicators, say that the pair will target the 1.3000 mark. The other half expects it to descend to the support in the area of 1.2380. As for the readings of graphical analysis, they suggest that the pair has reached its local maximum and is now expected to fall. The support levels are 1.2380 and 1.2150;
    • Experts expect a decline for the pair USD/JPY as well. According to the vast majority of them (90%), the pair should go down to the zone of 104.00-104.50. However, developments of the political situation in the United States and the statements of the new President Elect will certainly influence local trends;
    • And finally, the last pair of our review: USD/CHF. This time, experts have shown a striking unanimity - 100% of them have pointed to the north, calling the height of 0.9950 the immediate goal. However, graphical analysis on H4 says that before starting to climb, the pair may stay in the side channel 0.9810-0.9910 for some time.


    Roman Butko, NordFX

    Notice: These materials should not be deemed as a recommendation for investment or guidance for working on financial markets and they are for informative purposes only. Trading on financial markets is risky and it can lead to loss of money deposited.
     

  10. Trading Signals NordFX

    NordFX offers all its customers access to an innovative autotrading service “Signals” from the developer of MT4 and MT5 platforms – MetaQuotes Software Corp.

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    •     no third-party access to accounts and balances held by traders and providers – even the investor password isn’t requested for subscription;
    •     signal subscription can be for a fee or free of charge. The standard subscription term is 1 month. In case of paid subscription, a small fixed fee is charged;
    •     no increased spreads or commissions



    Learn more about “Signals” Trading Service here:
     

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