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[Superforex]

NZD/USD: fundamental review and forecast  

Situation for the NZD has not changed yet. the rates continue to be in the frames of the downward trend, though it lost its intensity. The dollar continues to strengthen against the NZD, although we can not say that the New Zealand economy is in a bad state. Despite the rising inflation, the country's economy gradually develops and demonstrates growth. However, it does not allow the New Zealand currency to hold against the strong U.S. dollar.

Last week, the dollar strengthened amid the positive statistics  about unemployment and the results of the FED meeting, which decided to leave interest rate unchanged, but considering sure growth of the US economy, reducing in unemployment, they plan to do it in June if nothing changes. Therefore, the probability of a rate hike is rated as very high.

At the moment, the rates of the NZD/USD stabilized in the range of 0.688 - 0,694 USD. We can also say that these levels are also good entry points to the market. Until the next day, volatility will be low because investors are waiting for the meeting of the Federal Reserve Bank of New Zealand (RBNZ) and their decision to change the rate. Now it's 1.75%. Investors don't expect for the rate changes just because the RBNZ in March, said that they don't not plan to change the rate until the 2019. Though continued weakening of the NZD can make them to change their decision because the rate increase would strengthen the NZD. 

Oscillators are neutral for the moment and in this situation, the best solution is to open the deals on the trend. We can say that also, considering that there're no any real reasons for the trend change and strengthening of the NZD in the near future. Therefore, the deals to SELL can be the most effective now, upon the short and medium-term trading. 

[Superforex]

Seminar for traders in Selangor!  

You are cordially invited to attend a free event organized by our Introducing Broker in Selangor, Mr. Dan Imran. The event will take place on Saturday, May 13 from 09:30 until 17:00 at the following address:
Sky Nova Ventures Training Centre
No 13, Jln PPAJ 2/7,
Pusat Perdagangan Alam Jaya,
Bandar Puncak Alam, Selangor
The event will be led by analyst and certified Forex trainer Dan Imran. He is the founder of Sky Nova Ventures, a company that he would like to develop as a training hub for traders. Imran has been active on the Forex market since 2007. He can relate from personal experience to how difficult it might be for beginners to find the right approach to trading. Learning from his own mistakes and gradually expanding his methods of analysis, Imran experimented with new techniques and tested them in his trading.
Through trial and error he was finally able to devise a strategy for success - and now he is willing to share it with you! Join us for this seminar and learn the ins and outs of Forex trading.
Here is the program for the seminar: 
9:30 am - 10.00 am - Registration
10.00 am - 12.30 pm - Module 1 (by Ali)
12.30 pm - 2.00 pm - Lunch break/prayer
2.00 pm - 3.00 pm - Module 1 continued (by Ali)
3.00 pm - 4.30 pm - Module 2 (by Dan Imran)
4.30 pm - 5.00 pm - Closing ceremony
Module 1 will cover basic introductory topics such as: 
1. What is forex?
2. Forex Platform
3. Forex Order Type
4. Risk Management
5. Forex Psychology
Module 2 covers more advanced issues: 
1. Analysis using Support & Resistance
2. Analysis using QM level
3. Analysis of buy and sell zones
This seminar is absolutely free of charge. All you need to do is reserve a spot and come to gain invaluable knowledge of the Forex market, as well as a free SuperForex t-shirt.
You can reserve a place by getting in touch with Mr. Imran:
Email: [email protected]
Whatsapp/Phone: +6016-6344660
Telegram: @DanImran
Come and join us for a productive day and finally discover the perfect trading strategy to bring you success!

[Superforex]

AUD/CAD: review and forecast 

The rates of the AUD/CAD continues in the frames of the upward trend. The canadian dollar remains under the pressure of low oil prices. Volatility for this currency pair remains very high. So, in early may, disappointing statistics about economy of Australia and China, have led to significant falling of the AUD value. During 1 day it has been lost 2 CAD cents. It was influence of the data about the trade balance of Australia. Investors expected the growth of the surplus to 3.4 billion while it was just 3.1 billion; also disappointed the value of the  business activity index in the services sector in China.
By the end of next week, the volatility in the market can be decreased. The market don't expect any important data until next Friday. Then, the market will receive information about retail sales and consumer prices in Canada, for April. A day earlier, also expect information on employment in Australia in April. It should also be noted that this month will be the summit of the OPEC and volatility will be gradually increasing together with the oil prices. So it can strengthen the CAD because it is expected that on the upcoming summit countries-exporters will extend the agreement about Reduction of the oil  extraction. Therefore, oil prices will rise for some time, but countries which didn't join the agreement, mainly the US, unlikely will let oil to rise significantly in price for a long period because if prices increase the USA increasing the volume of oil production, adversely affecting the market.
Oscillators are neutral at the moment, but considering perspectives of oil prices growth in the near future, and consequently the strengthening of the Canadian dollar, the optimal solution now is to open the deals to SELL upon medium term trading. Upon the short-term trading, it is also possible to open the deals on the trend.

Read more analytic reviews at https://superforex.com/analytics

[Superforex]

No Deposit Bonus 
Do you want to give Forex trading a try but are reluctant to make the required financial commitment? The No Deposit Bonus is perfect for our new members who want to test our products and services and start trading without initial investments and free of any risk.
For unlimited period of time SuperForex’ new members can benefit from our No Deposit Bonus in the amount of $25 just by opening a real trading account and verifying it. As its name suggests, no initial deposit is required in order to get the bonus.
To obtain the No Deposit Bonus customers need to register a live trading account with us and verify it. After verification they need to read the Bonus agreement in the Client’s Cabinet and submit the “Get the No Deposit Bonus” button at the bottom of the page. Our team will review your request and grant the bonus within 48 hours.
Read more at https://superforex.com/no-deposit-bonus

[Superforex]

SuperForex Trading Advantages:

• Trading instruments - we offer more than 300 currency pairs, 34 contracts of difference (CFDs), futures, and indices.
• We use MetaTrader 4 - an award-winning platform that is the most popular choice among professional traders.
• Opening an account is easy: minimum deposits start from just $1!
• Leverage up to 1:1000 for your multiple increased profit.
• SuperForex also provides customers with analytics - news, trends, quotes, analyses and other types of information that can aid in trading.
• Fixed spreads on all accounts.
• Free access to Pattern Graphix - a plugin that will provide expert guidance in your trading, making it easier than ever.
  

For more details visit https://superforex.com/

[Superforex]

Forex Distance Educational course! 
To help you become better acquainted with Forex trading SuperForex has prepared a special Distance Education Course for you. Over the span of these lectures you would be able to learn key concepts about Forex trading such as pricing and reading quotations, the elements of technical analysis, pattern recognition and interpretation, reading different types of charts, and many more trading essentials. You would be provided with visual and quantitative examples to enhance your learning process. Each lecture also contains a set of sample questions to test your knowledge after completing the reading.
The Distance Education Course is entirely free of charge for SuperForex customers!
Now it's available on Indonesian Bahasa! 
Read more at https://education.superforex.com

 

[Superforex]

SuperForex has reached 100 000 clients! 
Thank you for being part of the SuperForex trading family! Without you all of our hard work would be pointless because customers are the center of any successful business. We have had quite a good run so far and we thought you might want to hear about it.

With our ever-expanding fan base, we recently hit an important milestone and now officially have over 100 000 customers. Our 100 000th customer, Mr. Ariwanto gave us a brief interview about his experience with us. He shared that he got into Forex trading about five years ago because he saw its vast potential for profit. Mr. Ariwanto’s favorite trading instrument is the EUR/USD pair. His best advice for other traders is that they should not be too greedy and aim for stable, consistent profits instead of sporadic, big ones. If he ever makes a million dollars from trading with SuperForex, he wishes to start a foundation for helping orphaned children.

For being our lucky number 100 000, we have awarded Mr. Ariwanto with an account for management in our company. This account comes preloaded with a substantial deposit and our winner is free to trade from it as he sees fit; all profit is withdrawable. Our client will also get a subscription to our new Forex Copy service which would permit him to copy the trades of our most successful users.

Here is Mr. Ariwanto meeting with Mr. Yoga, our official representative in Indonesia, to claim his reward.

[Superforex]

NZD/JPY: fundamental review and forecast 

Since the beginning of the year, the rates of the NZD/JPY continued in the frames of the rapid downtrend, however, the situation began to change and the current trend is under threat to change. On the chart has traced the new upward trend. It is too early to speak about the final change, but probability remains high. Both support line and resistance line have been removed. Though if the resistance line shifted in the downward direction,  the support line  has been reversed up.
So, Why the trend has begun to change its direction?  In the beginning of the month, the Japanese yen came under the pressure because of geopolitical tensions on the Korean Peninsula. The conflict at any moment could go to the active zone and Japan could be involved in this conflict. So, the yen has lost positions against most currencies. Amid the geopolitical risks for Japan, the new Zealand dollar has been supported by positive data about retail volume which rose in the 1st quarter of 2017 in 1.5% against the forecast of 0.9%. It was the sharpest increase in retail trade since the second quarter of 2016. In addition, the number of tourists in April, continues to grow, increasing by 20% year on year. Strengthening  of the NZD also contributes by the rising commodity prices, including oil. 
Nevertheless, the Japanese yen managed to take the initiative again due to yesterday's data about the Japanese economy. Japan's GDP for the first quarter of 2017 increased by 0.5%, coinciding with the forecasts of investors, and in year on year increasing was 2.2%, against forecasted 1.7%. In addition, second month in a row, orders for machinery have increased, although investors expected more than actual + 1.4% growth.
At the moment, the value of NZD consolidated in the range of 76.7 - 77.1 JPY. This levels are good entry points to the market. At the moment, the most optimal can be the deals to BUY, considering that today the market is expecting for the data about the milk price index. It will be published today and can support the NZD in the short term perspective. MACD, RSI oscillators confirm this and also signal a good moment for opening the deals to BUY. As for the medium-term trading, next week we'll get the data about the trade balance and export volumes - both from Japan and New Zealand. So, both currencies can get support and go up in price. 

[Superforex]

Meeting our IBs from Kelantan, Penang, and Perak!  

SuperForex never ceases to develop new services and beneficial conditions for both clients and partners. Because we have the most sophisticated and attractive Partnership Program on the market, we can boast a great network of Introducing Brokers all around the world.

Looking at Malaysia specifically, we have established partnerships with representatives from Kuala Lumpur, Selangor, Penang, Perak, Sabah and Sarawak; we recently acquired a new IB from Kelantan as well. Partners like these are crucial for our work as they are able to provide advice, organize training seminars, and perform certain services on behalf of customers from the region. That is why we are happy with our constantly expanding group of partners in Asia, one of our strongest regions.

It is our plan to continue arranging meetings between IBs and our CEO in order to provide full support for our partners. These meetings give our partners a chance to meet with us personally, find answers to all of their questions and learn how to utilize our help in online and offline promotion.

We recently also met with our IB in Perak. We have a special offer for clients in that region: if you make a deposit over $100, you will get a free T-shirt from our Introducing Broker in Perak.

Thank you for partnering up with us! We promise to be with our partners every step of the way and provide constant support.

You can learn more about our Partnership Program here https://superforex.com/partnership-program

[Superforex]

Trade Mobile with 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.
Learn more at https://superforex.com/superforex-mobile-platform

[Superforex]

Don't miss your chance to get $300 from SuperForex! 

There are millions of people who dream about winning the lottery, especially when there is such a big prize at stake - we give you a chance to try your luck!
SuperForex holds a raffle for the prize of $300 every 2 months. The SuperForex Bonus Prize can be used to operate with a larger trading volume, which could earn you much more profit.
All that is required for participation in the lottery is a verified account and a balance of $50 for the entire period of the Lottery. Also, you need to confirm your participation by clicking the "Get a lottery ticket" button in the Client's Cabinet.
You can spin wheel of fortune in your clients cabinet https://my.superforex.com/login-client

 

[Superforex]

XAU/USD (GOLD): Short review and forecast 

 This week prices for Gold continue to grow. The main factor of growth, of course, was the terrorist attack in Manchester, which forced investors to turn to less risky assets. In addition, the growth of prices continued amid the weak dollar and based on the results of the FOMC Committee meeting, where was designated plans of the US Central Bank to reduce the balance before the end of this year.  The FED, which had planned a rate increase this year 2 times, began doubt about necessity for further growth of the rate due to weak economic indicators and slowdown of the economy, although the probability of a  rate hike in June remains high. Of course it's also impacted the value of GOLD. Political instability in the United States and possibility of beginning a full and protracted political crisis also, contributes the growth.
So, there're a lot of factors which say about further increasing of prices. We can say for sure that the upward trend will continue and increase its intensity in the near future. It should be noted that the rates was carried out with high volatility in a wide range, but now the situation changes and the upward trend is more stable, which is clearly seen on the chart.
Thus, we can say that at the moment, the deals to BUY are more effective. Oscillator MACD confirms this.

[Superforex]

Profi-STP accounts by SuperForex 

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 an 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 more comfortable and better 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.

 

[Superforex]

Special event for traders and partners in Singapore!  

On Saturday, May 27 SuperForex organized a special event for traders and partners in Singapore, the financial capital of Asia.

This exclusive gathering was hosted by Mr. Edward Khoo, the founder of LS Capital Pte Ltd, a company that specializes in developing and selling highly profitable Forex trading Expert Advisors (automated trading robots). Khoo is an experienced trader and analyst who was able to put his many years of practice to good work by developing some of the most successful expert advisors out there in the market. 

The seminar was attended by over 40 people who had the opportunity to learn new tips and tricks about Forex trading. Edward Khoo and Simon Leung led fascinating discussions on Expert Advisor concept designs for the Golden Unicorn EA where they explained and demonstrated its effectiveness. In the afternoon the group was also joined by the SuperForex CEO who shed light on the basics of trading with SuperForex - our wide range of account options, comprehensive partnership program, as well as bonuses and special offers such as the SuperForex Lucky Draw.

We would like to thank everyone who joined us for this productive seminar! We hope you enjoyed our event and brought lots of new useful ideas home with you. 

Keep an eye out for news about similar events we plan to organize in the future. If you are a partner or consider becoming one, don’t hesitate to get in touch with our Partnership Department and share your ideas for Forex-related gatherings in your region, we’d be glad to help!

[Superforex]

OIL (CL/WTI): middle term review and forecast 

Oil prices are gradually decreasing. Extension of the Pact on "Reducing of oil extraction" does not change the situation, as it was expected. OPEC's attempt to impact the market with the help of this agreement will be doomed, amid news about increasing of drilling activity in the USA, 19th week in a row, and increasing of oil production in Libya which haven't joint the agreement on "Reducing of oil extraction". At the same time, in order for achieving the  balance on the market and oil prices growth, it is necessary to reduce oil extraction by all countries-manufacturers but this does not happen, and the reserves of  crude oil on the market are close to record levels. Thus, the supply continues to exceed demand on the market.
Despite the dominant number of negative signals on the market, the rates of oil continues in the frames of the upward trend, though it is solely by inertia, and it's not based on objective factors. There're no perspectives for further growth at the moment. Most likely, in the near future, the upward trend will be changed to the flat trend which has already been formed. Lines of support and resistance can be fixed at the levels of 44.5 and $ 54 a barrel mark CL/WTI.
Oscillators are neutral at the moment. Today investors are waiting for the data about oil stocks from the American petroleum Institute. Investors expect a reduction of oil reserves that may support oil prices a bit. Therefore, upon short-term trading, you can open the deals to BUY. But upon medium-term trading, the deals to SELL can be more effective. 

More reviews at https://superforex.com/analytics

[Superforex]

No Spread Accounts by SuperForex 

This new version of a live trading account is open to both new and existing customers. Using the No Spread account, unlike the standard one, gives you the unique advantage to trade without paying any spreads on the deals you open, regardless of the trading instruments used.

Have you ever wondered why often you’re already losing money immediately after opening a new position? This is because a spread fee has been charged to your account due to the difference between bid and ask prices. The No Spread account would allow you to avoid that.

 

[Superforex]

USD/SEK – review and short term forecast. 

Since the beginning of April, the rates of USD/SEK continue in the frames of the downtrend. While the U.S dollar is under the pressure due to political scandals of the administration of D. Trump and slowdown of US economic growth, the Swedish Krona continues to strengthen, and reached the best  level for the last 9 months - 8.68 SEK. against the dollar. But  weakening of the dollar isn't the only reason that caused the strengthening of the crown. Also impacted the end of political uncertainty in the EU, and optimal economic indicators in Sweden. Published data showed GDP growth in Sweden to 0.4 % in Q1 2017. Investors expect more significant growth at 0.9%, but given the weakening dollar, it was enough to continue strengthening. 
Probably the downtrend will continue this month. The U.S. dollar, however, can be strengthened for some period. In particular, published data about employment in the US, encouraged investors, and it is stopped the weakening of the USD and consolidated the rates. According to the ADP's company report , the number of jobs created in may increased by 253 thousand, although it was expected only by 185 thousand places. Today we expect the official data from the Ministry of labour, which likely will confirm the statistics from the ADP. Good data on the labor market may influence the FED's decision to raise the rate. So investors are focused on this data and waiting for it with high attention. 
Thus, in the near future, we can expect a price correction and upon short-term trading, the most effective will be the deals to Buy. The Stochastic oscillator also indicates a good time for the long trades. We can also designate the points of entry at the levels 8.671 and 8.705 SEK, breakout of which will be signalized the exit from the consolidation phase. Special attention should be paid to the level 8.671, achieving of which will be signalized about continuation of the trend, and can be a good signal to open the short deals. 

[Superforex]

New payment services available! 

SuperForex is happy to announce that we have expanded our ever-growing list of supported payment systems in a continued effort to make financial transactions as easy and comfortable for you as possible. Now you will have a choice to use a number of Chinese payment service providers.
China UnionPay
With more daily transactions that both Visa and MasterCard, UnionPay is the largest card payment system in the world. This Shanghai-based organization is immensely popular in China and is regulated by the People’s Bank of China. If you own a UnionPay bank card, whether or not you reside in China, you will now be able to use it to make SuperForex deposits and withdrawals.
WeChat
One of the world’s most popular instant messaging apps, the Chinese service WeChat also supports a wallet and payments feature. By linking your WeChat account to either a bank account or a bank card, WeChat enables you to make quick payments while you surf the Net. We have taken into account the popularity of this payment method and have now made it available for you - you can use WeChat to make financial transactions for your SuperForex account.
AliPay
Owned by the Chinese giant Alibaba Group, AliPay is the world’s largest online and mobile payment system. AliPay boasts over 400 million subscribers, fast order executions, and reliable funds security. As its popularity cannot be ignored, you can now use your AliPay account to make deposits to and withdrawals from your SuperForex one.
We hope that these newly-integrated payment options would enhance your SuperForex experience. Stay tuned to our news section to learn about all future improvements that our company develops.
You can view the full list of payment systems via this link https://superforex.com/deposit-and-withdrawal

[Superforex]

NZD/USD: fundamental review and forecast 

Starting from May 2017, the downward trend has been changed by rapid upward trend.  The New Zealand dollar reached the highest level 0.72 USD over the last 3 months and continues to go up. The main reason for the rapid growth is a  weak dollar, which continues to be under the pressure due to investigations about influence of Russia on elections in the United States. In particular, this Thursday, the former head of the FBI, James Comey, will be  reporting in Thursday for the Committee of the U.S. Congress. Investors fear it can impact negatively on the administration of D. Trump , as well as D. Trump. This is why the dollar loses in value against all currencies.

But not only the weakening of the dollar affected the rate of NZD/USD.  Also impacted received statistics about economy's most important trading partner of New Zealand - Australia. 
This week, the reserve Bank of Australia left interest rates unchanged and predicts economic growth for the next few years. Meanwhile, GDP data for Australia, has pleased investors: growth amounted to 0.3% in Q1 2017, while the market expected growth to 0.2%. Also, business inventories in Australia increased by 1.2 % in Q1 2017, exceeding market expectations of 0.5% growth. This is the strongest growth since 2012.
The MACD indicates a good time for short deals. The RSI confirms this, pointing out that the rates are in the overbought zone, and high probability of a price correction. But considering fundamental factors upon medium-term trading, it is better to open the deals on the trend. Peak growth has not  been achieved yet, and expected for the next week data about volumes of retail sales and GDP of New Zealand, may support the NZD.

 

[Superforex]

SuperForex Islamic Accounts 

If you would like to avoid swap fees, you can now register a special Swap-free account with SuperForex.

Swap-free accounts are suitable for anyone who wants to work without such fees affecting their trading volume. They are especially appropriate for Muslim traders, as they remain consistent with the religious practices of Islam by not charging interest - this is why such accounts are also called ‘Islamic’ 

Learn more at https://superforex.com/ru/swap-free-islamic-accounts