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[nordFX] How to Open Trading Account with NordFX


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NordFX offered 8 trading account types :  "Micro", "Standard", "MT-ECN" , "Premium", "Integral", "ZuluTrade","Welcome" and "Standar MT5" with the best trading condition. Also offer "Binary Option" with the best platform.

"1:1000" Account
"1:1000" account is new account type – Credit leverage up to 1:1000 allows you to get a larger trading capital, even with a small deposit, and thus increase your potential profits.

"Micro" Account
"Micro" account is designed for training of beginner traders to trade without assistance and usually is used as intermediate when transferring from demo account to "Standard" account.

"Standard" Account
"Standar" account supply experienced traders with best trading terms and full range of trading instruments.

"MT-ECN" Account
"MT-ECN" account  is designed for wide range of experienced traders who like the opportunity to trade with minimum expenses. Quotes have 5th point precision (3th for the Yen pairs). "MT-ECN" accounts are served through MT4 platform.

"Premium" Account
To get Premium status you should open trading account with deposit more than 50000 USD.
To receive more detailed information apply to the manager of the Premium program premium@nordfx.com.

"Integral" Account
"Integral" account  are designed for professional traders who have sufficient trading experience at the financial market and want to work within ECN Integral through the NFX Trades platform or via FIX-protocol.

"ZuluTrade" Account
By opening a ZuluTrade account in NordFX the client gets a unique opportunity to trade on the Forex market and use the know-how of the best traders – market specialists.

"Standar MT5" Account
"Standar MT5" account account supply experienced traders with best trading terms and full range of trading instruments through the newest trading platform MetaTrader 5.

Binary Option
Binary options are among the most popular and high-yielding trading instruments. The idea is very simple – select a trading asset, set an investment amount and make a prediction whether the price of the asset will go up or down by a certain time (expiry).


Registration is easy and simple, just a few minutes.
Open Your Account!
 

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NordFX Affiliate Program

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NordFX offers a dedicated affiliate program that rewards its partners with revenue share commissions based on their clients trading activity without need investment.

Commissions are calculated as a fixed percentage from the spreads generated from every trade (5% – 30%) rebates, depending on the trading account of each client.

ib-en_zpse8084feb.jpg[//url]

Commissions are automatically added in your account and can been withdrawn at any time.


Join NordFX Affiliate Now!
 

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Forex Forecast for 26-30 October 2015

The previous forecast was fulfilled 100% :

  • regarding EUR/USD, 73% of the analysts insisted that the pair would first fall to  support at 1.1300 and then down to 1.1120. Until mid-Thursday, the pair barraged against the level of 1.1300 but on the news about the ECB's interest rate, it crashed to the mentioned level of 1.1120. One would think that EUR/USD might stop there, however, thanks to the National Bank of China, the pair broke through this support level on Friday and reached the landmark of 1.1000 where it had been last in the middle of August;
  • the GBP/USD was almost unanimously predicted to be in a sideways trend within a 1.5420-1.5500 range for most of the week, which happened. Further forecasts differed. In this case, graphical analysis was 100% correct - the pair was supposed to go down to support at 1.5350 where it finished the week in fact;
  • as for the USD/JPY pair, 64% of the experts and almost all tools of technical analysis predicted that the break through the bottom of the triangle, which the pair had been drawing since late August, would be short-lived. So it happened - by Friday the pair reached the said 120.80 resistance and then went to the next peak at 121.45, thus transforming the triangle into a horizontal channel;
  • both experts and technical analysis unanimously predicted upward movement for USD/CHF, differing only on how fast it would transpire. In line with one of the versions, the pair started to go up right away on Monday, broke through the top boundary of the channel and moved to resistance at 0.9600. One third of the experts were convinced that it would not stop there but rise by 100 points more. That turned out correct - USD/CHF gained 100 points and then another 100, eventually reaching 0.9800.



The forecast for the coming week.
Summarizing the views of several dozen analysts from leading banks and broker companies as well as forecasts based on various methods of technical and graphical analysis, the following can be put forward :

  • the indicators clearly point downwards for EUR/USD. However, 50% of the analysts and graphical analysis suggest that the pair will be moving in a sideways corridor of 1.1000-1.1100. They are backed by another 33% of the analysts, differing only in that they drop the support line by 50 points to 1.0950. Just 17% of the analysts insist the pair would return to the 1.1300 resistance;
  • around 80% of the indicators vote for a fall of GPB/USD. Half of the experts agree but say that the fall won't be major - the main support will be at 1.5200. The other 50% of the experts and graphical analysis on H4 believe that the pair has reached the bottom and will be moving in a 1.5300-1.5470 sideways channel;
  • the indicators point upward for USD/JPY. Surprisingly, 100% of the experts concur and reckon that the pair won't be able to fall below support at 120.50 but will bounce off it towars 122.00;
  • the outlook for USD/CHF is up. The experts, most indicators and graphical analysis on H1, H4 and D1 agree with it. Support is around 0.9740-0.9765, the Pivot Point is at 0.9800, and the next target is 0.9900. Only 14% of indicators on N1 and just 1 indicator on D1 remind that the pair may still crash by a further 100 points to support at 0.9665.




Roman Butko, NordFX

 

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NordFX offers a complex of trading services in the Forex market and provides Binary Option platform trading.

NordFX is one broker that owns the very good MT4/MT5 server, very stable. Support team are very concerned about any questions.
Leverage 1:1000 - Lot minimum 0.01 - MT4 Trading. Exper Advisor, Hedging and all trading techniques are allowed, Safe, Low Spreads, No Swap, Deposit / Withdrawal very Easy.


Join us Now!
 

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NordFX is an ECN broker that launched its services in 2008. Today, the company supports clients from more than 100 countries worldwide.

Through NordFX, traders can indulge in executing trades for forex, metals, stocks, indexes and oils. On the whole, it is an extremely reliable broker in the world directly to your successful ways.


Start Earn money on Forex now!

 

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Forex Forecast for 2-6 November 2015

First, a review of last week's forecast :

  • most experts and graphical analysis insisted that EUR/USD would be moving in a 1.1000-1.1100 sideways corridor. Even the US Federal Reserve's decision on interest rates could not hamper this forecast. After crashing by 160 plus points Wednesday evening, by the end of the week the pair returned to the indicated boundaries and ended the week at around 1.1000;
  • about 80% of the indicators and half of the experts voted for GBP/USD to go down to support at 1.5200 at the most. The remaining 50% of the experts and graphical analysis talked about a sideways trend with resistance around 1.5470. Both forecasts turned out to be right - first, GBP/USD gradually went down to 1.5225 but then recovered and reached 1.5470 Friday night;
  • for USD/JPY the experts and the indicators determined a sideways corridor with support at 120.50 and resistance at 122.00. All that happened except that the corridor shifted down by about 50 points to a 120.00-121.50 range, with 120.50 as a pivot point;
  • the forecast for USD/CHF was only upward movement, and the pair did reach 0.9950. Now just 50 points separate it from the landmark 1.0000.



The forecast for the coming week.
Summarizing opinions of several dozen analysts from leading banks and broker companies as well as forecasts made on the basis of different methods of technical and graphical analysis, the following can be proposed :

  • just one (!) analyst predicts that EUR/USD will rise to 1.1200. All the others (the experts, the indicators and graphical analysis) believe the pair will drop to support around 1.0800. With this, according to graphical analysis on H4, the pair will first fall to support at 1.0955, rebound to 1.1055 and only then move downwards hitting the bottom at 1.0600. It won't settle there but rather try to make it to around 1.0800;
  • graphical analysis and the experts predict some fluctuations for GBP/USD within a 1.5440-1.5470 range at the beginning of the week. Then the pair should go down under bearish pressure. Graphical analysis on H4 suggests that the main support will be 1.5315 while 33% of the analysts insist that the fall will be bigger and the weekly bottom will be at 1.5250;
  • indicators on H4 and D1 maintain neutrality regarding USD/JPY. As for the shorter timeframes, they predict a slight drop to 120.00, a key level for the pair for the past 11 weeks. Graphical analysis on H4 agrees with this. According to 70% of the experts, the pivot point will be 121.50 again, and generally the pattern of the previous week is expected to repeat. At the same time, a quarter of the experts believe that the pair will not give up attempts to get closer to 122.00;
  • the forecast for USD/CHF is still upwards. Although the experts and indicators on H1 and H4 don't rule out that the pair may take a breather within 0.9810-0.9900, the ultimate target remains 1.0000-1.0100. As for a longer-term monthly forecast, 25% of the analysts and graphical analysis on D1 warn that on reaching 1.0000, the bulls may become weaker and the pair will roll back to 0.9500.




Roman Butko, NordFX
 

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NordFX now open an opportunity to Deposit and Withdrawal in Indonesian Rupiah (IDR). This give Indonesian traders more easy for Local Deposit with NordFX.
Fasapay is suitable Payment System for Deposit and Withdrawal Funds with IDR (Indonesian Rupiah) and USD to your NordFX Account.

                     
How does it work?
• Open a FasaPay account
• Make a deposit into your FasaPay account
• Fund your trading account via FasaPay in the NordFX Trader’s Cabinet  
• Instant process, once deposit process completed the funds direct available in your NordFX account.  

rupiah_zps23dad2ea.jpg

Open your Account Now!!!


 

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MT-ECN account NordFX

"MT-ECN" account is designed for wide range of experienced traders who like the opportunity to trade with minimum expenses. Quotes have 5th point precision (3th for the Yen pairs). "MT-ECN" accounts are served through MT4 platform.

Trading Condition :

  •     $1000 minimum deposit;
  •     27 currency pairs, gold, silver;
  •     Dynamic spread from 0 pips;
  •     Leverage 1:100;
  •     Minimal lot 0.1;
  •     Maximum lot 20 with step 0,1;
  •     Level of margin call /stop out 100%/50%*;
  •     5th point precision;
  •     Without stop/limit and freeze levels;
  •     Commission (turnover less than 900 lots per month): $5/lot;
  •     Commission (turnover more than 900 lots per month): $3.5/lot;




Detail Info : MT-ECN NORDFX.com
 

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Forex Forecast for 9-13 November 2015

 

For starters, a few words about last week’s forecast:


by the end of the week, EUR/USD was supposed to get fixed around 1.0800. Graphical analysis on H4 elaborated that at first, the pair would reach the bottom at 1.0600 and then make every effort to go up to 1.0800. This happened for the most part – EUR/USD was moving down towards the target all week long and on Friday, following the news from the USA, first dropped to 1.0700, then tried to return to the target level and finished the week at 1.0740;

GBP/USD was predicted to experience some fluctuations within 1.5440-1.5470 at the beginning of the week, after which the pair was supposed to go down. A third of the experts set the weekly bottom at 1.5250. This scenario can be viewed as fulfilled, except for the fact that statistics from Europe and the USA, supported by ECB President Mario Draghi’s speech, gave such a boost to the bears that they pushed the pair down by yet another 200 points – to 1.5025;

almost all agreed that the pivot point for USD/JPY would be at 121.50 again. It was also said that the pair would continue to try and reach 122.00 at least. All was going according to plan until the release of data from the USA on Friday, after which the pair not only reached the target but also speedily soared up, settling only around 123.20;

the forecast for USD/CHF was only upward movement. The end target was set at 1.0000-1.0100, right in the middle of which the pair stopped Friday night. Thus, the forecast can be considered 100% correct straight out.


 

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 various methods of technical and graphical analysis, the following can be suggested :


while most indicators in their forecasts for EUR/USD insist on its further fall, the majority of the experts and graphical analysis on H1 tend to believe that the pair will take a breather and move in a sideways channel of 1.0650-1.0850. At the same time, 15% of the analysts reckon that the pair will manage to break through resistance at 1.0900 and even reach 1.1000;

there’s a similar pattern for GBP/USD. Its sideways trend will be limited by support at 1.4950, resistance at 1.5220 and by a 1.5000 pivot point. Even if most experts talk about a bullish trend, 10% of them believe that the pair may briefly come down to 1.4850;

as for USD/JPY, of the main interest are the indications of graphical analysis. According to its forecast on H1, the pair may first rise to 123.50-124.00 (50% of the experts) and then go down abruptly. Graphical analysis on H4, 60% of the analysts and the indicators on D1 predict a 121.70-122.00 pivot point and support at 121.00. As for a forecast till the end of the year, both experts and graphical analysis on D1 name 125.30 as the ultimate target;

graphical analysis on D1 doesn’t rule out that USD/CHF will try to move up towards its 1.0210 high, where it was before Black Thursday, 15 January, and then drop down sharply. The analysts are unanimous that the pair has already reached its target for the near future and now will just be oscillating around the 1.0000 landmark. The main support will be 0.9950, the next – 0.9845. The closest resistance will be 1.0100, with the next at 1.0210.


 

 

Roman Butko, NordFX
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Forex Forecast for 9-13 November 2015

 

For starters, a few words about last week’s forecast:


by the end of the week, EUR/USD was supposed to get fixed around 1.0800. Graphical analysis on H4 elaborated that at first, the pair would reach the bottom at 1.0600 and then make every effort to go up to 1.0800. This happened for the most part – EUR/USD was moving down towards the target all week long and on Friday, following the news from the USA, first dropped to 1.0700, then tried to return to the target level and finished the week at 1.0740;

GBP/USD was predicted to experience some fluctuations within 1.5440-1.5470 at the beginning of the week, after which the pair was supposed to go down. A third of the experts set the weekly bottom at 1.5250. This scenario can be viewed as fulfilled, except for the fact that statistics from Europe and the USA, supported by ECB President Mario Draghi’s speech, gave such a boost to the bears that they pushed the pair down by yet another 200 points – to 1.5025;

almost all agreed that the pivot point for USD/JPY would be at 121.50 again. It was also said that the pair would continue to try and reach 122.00 at least. All was going according to plan until the release of data from the USA on Friday, after which the pair not only reached the target but also speedily soared up, settling only around 123.20;

the forecast for USD/CHF was only upward movement. The end target was set at 1.0000-1.0100, right in the middle of which the pair stopped Friday night. Thus, the forecast can be considered 100% correct straight out.


 

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 various methods of technical and graphical analysis, the following can be suggested :


while most indicators in their forecasts for EUR/USD insist on its further fall, the majority of the experts and graphical analysis on H1 tend to believe that the pair will take a breather and move in a sideways channel of 1.0650-1.0850. At the same time, 15% of the analysts reckon that the pair will manage to break through resistance at 1.0900 and even reach 1.1000;

there’s a similar pattern for GBP/USD. Its sideways trend will be limited by support at 1.4950, resistance at 1.5220 and by a 1.5000 pivot point. Even if most experts talk about a bullish trend, 10% of them believe that the pair may briefly come down to 1.4850;

as for USD/JPY, of the main interest are the indications of graphical analysis. According to its forecast on H1, the pair may first rise to 123.50-124.00 (50% of the experts) and then go down abruptly. Graphical analysis on H4, 60% of the analysts and the indicators on D1 predict a 121.70-122.00 pivot point and support at 121.00. As for a forecast till the end of the year, both experts and graphical analysis on D1 name 125.30 as the ultimate target;

graphical analysis on D1 doesn’t rule out that USD/CHF will try to move up towards its 1.0210 high, where it was before Black Thursday, 15 January, and then drop down sharply. The analysts are unanimous that the pair has already reached its target for the near future and now will just be oscillating around the 1.0000 landmark. The main support will be 0.9950, the next – 0.9845. The closest resistance will be 1.0100, with the next at 1.0210.


 

 

Roman Butko, NordFX

 

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Are you Professional Trader ?
Show and try you skill on NordFX.

Are you Beginner Trader ?
Please try and practice your skills on a demo account NordFX first.
Test and train your skills at  Demo Contest - "DemoCup" NordFX - 2 weekly contest every stage.
Then look at the Real Account virulence after that :)

Are you Binary Option Trader ?
Please place your Bet at Binary Option NordFX.
 

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Are you Professional Trader ?
Show and try you skill on NordFX.

Are you Beginner Trader ?
Please try and practice your skills on a demo account NordFX first.
Test and train your skills at  Demo Contest - "DemoCup" NordFX - 2 weekly contest every stage.
Then look at the Real Account virulence after that :)

Are you Binary Option Trader ?
Please place your Bet at Binary Option NordFX.

 

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NordFX Offers the Best and Profitable Service

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- Account Type : "Micro", "Account 1:1000", "Welcome!", "Standard", "Standard-MT5", "MT-ECN", "ZuluTrade", "Integral" and "Premium"

- Trading Instrument : Forex, gold and silver, CFDs, futures, stocks.

- Payment System : Bank wire transfer, VISA and MasterCard cards, FasaPay, WebMoney, Skrill, Payza, PayWeb, Perfect Money, Neteller, DineroMail, CashU, OKPay.

- Bonus Deposit Program : http://nordfxindo.com/promo/bonus55.html or http://nordfxindo.com/promo/bonus100.html
 

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When you make a deposit with a Forex broker you are trusting them with your money. A broker regulated by a well-established regulatory authority in a reputable jurisdiction provides peace of mind with regards to funds safety and investor protection.

Recognition NordFX

We are pleased to introduce our customers and partners to NordFX CY (NFX Capital CY Ltd.), a constituent company in the NordFX group.

NordFX CY (NFX Capital CY Ltd.) holds one of the most recognized certifications in the world of finance – a license from the Cyprus Securities and Exchange Commission (CySEC).  The license clearly attests to the top level of the services provided by NordFX, the group including NordFX CY, and allows the company to considerably expand its presence in the European Union.


For further information please see our Licenses and Regulations section.
 

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For smoothness and ease of customer deposit and withdrawal in NordFX, has been providing a variety of ways that is easy and safe to use.

metode_zps588930cb.jpg

One of the advantages of NordFX, Deposit by Credit Card (Visa / MasterCard) is Instant Deposit. Also No deposit fee imposed by  NordFX, eg. deposit $ 100 then they entry in the account is $ 100 as well.

I've proved many times the deposit by credit card, always processed Instant.
 

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Forex Forecast for 16-20 November 2015

First, a review of last week’s forecast :

  • most experts and graphical analysis on H1 tended to believe that EUR/USD would take a breather and move in a sideways channel of 1.0650-1.0850. In fact, as predicted, the pair neither fell below 1.0675 nor rose over 1.0830;
  • as for GBP/USD, most experts talked about a bullish trend and the pair’s movement within a 1.4950-1.5220 range. This forecast played out almost precisely – the pair didn’t go below 1.5025 but rose to the upper boundary of the said corridor during the week, ending up at 1.5234;
  • graphical analysis on H1 and half of the experts reckoned that USD/JPY might first rise to 123.50-124.00 (it actually went up to 123.60) and then go down sharply. The forecast panned out except for the word “sharply” – the pair was falling all week and slowed down at support around 122.50;
  • the analysts were unanimous that USD/CHF had already reached its target for the near future and now would just be oscillating around the 1.0000 landmark. This is exactly what happened – the pair was moving within the sideways corridor of 0.9990-1.0095 all five days.



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 various methods of technical and graphical analysis, the following can be said :

  • it appears nearly impossible to provide any sensible forecast regarding EUR/USD for the next 5 days as 46% of the experts believe that the pair will go up, 15% are for a sideways trend and 39% are for a fall. The indicators on H4 differ too – 74% vote for a rise, 22% for a fall and 4% remain neutral. The indicators on D1 are of the opposite opinion – only 9% are for a rise, another 9% are for sideways movement but 82% expect a fall. Considering that daily releases of important economic data for the eurozone, Japan and the USA or speeches by key figures (such as ECB President Mario Draghi) are expected throughout the week, the picture becomes even less clear. Therefore, what can be said is just that EUR/USD has room to both fall (to support at 1.0675 and 1.0455) and rise (with resistance at 1.0835, 1.0900 and 1.1100);
  • most experts and graphical analysis on H4 predict a sideways trend for GBP/USD, with the bears holding some advantage. Thus, initially, the pair may go up a little to 1.5280, then descend to 1.5175 and then even lower to 1.5110. As for a long-term forecast, the experts believe that in the next few weeks the pair will be aiming for a strong support level around 1.4800;
  • as for USD/JPY, the readings of graphical analysis are again of the greatest interest. According to its forecast on H4, the pair will first try to break through resistance at 123.00, fail and roll down, hitting the bottom at 120.50, after which it will return to the current level of 122.50. Graphical analysis on D1 agrees with this prediction, adjusting the main resistance to 123.75 and support to 121.00. The experts set 125.00 and 127.00 as the pair’s targets for the end of the year;
  • the analysts expect USD/CHF to continue to oscillate in the range of 0.9900-1.0100. However, 20% of them as well as the indicators and graphical analysis on H4 and D1 don’t rule out that soon the pair will try to break into a 1.0120-1.0130 range, from where it will start to assail 1.0210.



Roman Butko, NordFX
 

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new_norden_zpsktqecxj0.png

Dear customers!

We are pleased to inform you that we have completely re-designed our website. We have changed not only the overall view but also improved the information content, visual components and navigation usability.

Let us introduce these improvements in details:

•Speed - due to the light and modern design the operation speed of the website has significantly increased.
•Adaptivity - site automatically adjusts to the sizes suitable for a wide range of screens and devices.
•Сonvenience - a specially designed interface allows you to find necessary sections and services in just a few moments.
•Updates – new training and information sections are added to the website, the library of Forex video materials and e-books has been updated too.

We hope that the improvements will be warmly welcomed by potential and existing NordFX clients!

NordFX Team
 

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NordFX  have the best Trader Cabinet. Balance on MT4 (for transactions) can be separated with Balance Trader Cabinet (to save or withdrawal). It will teaches and helps us to better Financial Management in Online Forex Trading Business

cabnineten_zpstfyyhyfi.png

MT4 account is opened automatically, immediately after filling in the registration form. All MT4 deposits and withdrawals are made automatically in real-time regime.

  • Trader Cabinet Balance : balance for saving or withdrawal.
  • MT4 Balance : balance for transaction on MetaTrader 4 platform.
  • Binary Option Balance : balance for transaction on Binary Option platform.



All deposit and withdrawal from/to MT4 are process with Instant.

In NordFX You do not have to worry about your withdrawal disturbed by transactions in MetaTrader because transaction and withdrawal funds will be separate on your NordFX trader cabinet.
 

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NordFX has several advantages that make trading in financial markets more secure, convenient, effective and easy to learn. One of the critical factors for your success trading in the FOREX market by choosing companies NordFX as your Broker.

  •     Easy withdrawal and fast funding methods
  •     Live support 24/5
  •     Instant order execution
  •     Stable work of servers and platforms
  •     Money bonuses up to 150%
  •     Personal education and consulting



Start trading right now!
 

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Forex Forecast for 23-27 November 2015

First, a review of last week’s forecast :

  • it appeared impossible to give a sensible forecast for EUR/USD last week as both experts and indicators were at a complete loss, pointing in different directions. However, exactly this kind of “forecast” turned out right – first, the pair fell a bit, then went up some, then dropped again, finishing the week without any clarity;
  • the vast majority of the experts and graphical analysis predicted a sideways trend for GBP/USD, which happened. At first, the pair slowly went down to 1.5155, then went up to its level of one month ago and then fell again to the first support set by the experts – 1.5185;
  • graphical analysis proved to be right about USD/JPY – first, the pair was supposed to go up to 123.00-123.75, fail to break through resistance and roll down, returning to 122.50 by the end of the week. In fact, the pair failed to break through resistance around 123.60 twice, after which it bounced down and ended up at 122.80;
  • the USD/CHF pair was ahead of schedule. It was expected to stay in the range of 0.9900-1.0100 for some time, then get fixed around 1.0120-1.0130 and only from there start assailing 1.0210. All this transpired but much quicker: already on Tuesday, USD/CHF broke through resistance not only at 1.0100 but also 1.0130, and by Wednesday, it reached the set peak of 1.0210, after which the pair entered a sideways trend.



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 various methods of technical and graphical analysis, the following can be suggested:

  • all indicators point downward for EUR/USD. However, graphical analysis on H1 and H4 shows that the pair will bounce off support at 1.0628, go up to resistance at 1.0700 first and only then continue to fall. At the same time, about half of the experts believe that the initial rebound can be 100 points higher – to 1.0800, while the weekly bottom will be in the area of 1.0500-1.0520;
  • graphical analysis on H1 and H4 insists on GBP/USD’s upward rebound to 1.5250, then the pair should oscillate in a 1.5170-1.5250 corridor and drop to support at 1.5085. The next support level is 1.5025. On hitting the bottom, the pair is likely to return to around 1.5300, which is echoed by 65% of the analysts;
  • as for USD/JPY, the indicators on H4 point strictly down while on D1 – strictly up. The experts hold a similar view.  A summary of their opinions shows quite a wide sideways channel with a 121.85-123.20 range and the pivot point around 122.80. It should be noted that graphical analysis on H1 and H4 indicates that at the start of the week, the pair will go down and only then begin to rise;
  • the forecast for USD/CHF is a small pullback down to support at 1.0135 initially and then a surge to a new peak. The target is 1.0250. At the same time, the analysts believe that the pair will remain in a 1.0200-1.0220 corridor most of the time whereas just one (!) analyst suggests that the pair may fall to 0.9800.



Roman Butko, NordFX
 

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