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[Superforex]

 
AUD/CAD: review and forecast 
 
Сanadian dollar, is under intense pressure due to falling in oil prices. The rates of CL drops and can not find a base to stabilize. At the moment the price of a barrel of oil CL/WTI costs $ 45.39. Such a low level of prices had been reached only once, this year. After positive GDP data in Canada, at the beginning of the month, there were many factors that had a negative impact on the Canadian dollar. In addition to falling of oil prices, the market  also dissapointed with statistics about reduction in the number of building permits by 0.2%, while investors expected in April increasing by 2.4%. Also it has been known about reduction of business activity index in Canada (PMI) to 53.8 against expected 62. A month earlier, the index reached a level of 62.4.
Given the multiple factors against CAD it is not difficult to assume that the upward trend of AUD/CAD continues. But the Australian dollar deserved to grow even despite the weakening of the Canadian dollar. This week, there were data about GDP for the first quarter of 2017: it has grown to 0.3 percent, slightly exceeding the forecast; yoy GDP growth is more impressive - 1.7% vs. expected growth to 1.5%. The reserve Bank of Australia left interest rates unchanged and indicated further economic growth in the next few years.Situation with trading partners of Australia also in favour of Australia. Recently received statistics about China showed growth in exports and imports by 8.7% and 14.8%, significantly exceeding forecasts. In particular, the volume of iron ore imports in May increased by 11%. Also, increased imports of aluminium and copper.
Oscillators indicate different signals. Stochastic signalized the beginning of a price correction and a good time for opening the deals against the trend. Upon  short-term trading, such deals may be rather effective. Especially given that today we expect data about the change in employment for Canada which can support CAD. But there are no enough preconditions for a trend change. So, upon medium-term trading, it is better to trust the MACD oscillator and open the deals to BUY.

 

[Superforex]

Superforex CSR Charity Event Panti Tuna Grahita Belaian Kasih 
 
On Saturday, June 3 2017, Superforex conducted a charity event in accordance with its Corporate Social Responsibility (CSR) policy in Panti Tuna Grahita Belaian Kasih in West Jakarta. The event was organized by our official representative in Indonesia, Carolin.
Panti Tuna Grahita Belaian Kasih is a government-run and funded institution that takes care of people with impaired mental abilities. There are about 250 people taken care of in this institution, with a more or less even representation of men and women. The people in this institution are quite diverse, with an age range of 17 to 40 years old. Panti Tuna Grahita Belaian Kasih also accepts babies and children when the occasion arises. Unfortunately, sometimes children who are born with a lower mental capacity are abandoned by their parents and would be left living on the streets if it were not for such charities.
In Panti Tuna Grahita Belaian Kasih, great care is taken to separate the female from the male residents. The caretakers are also of the same genders as the people they look after, for the residents’ comfort. The caretakers are only there to help as the people are encouraged to be independent according to their capability. They are also taught to be cooperative and help each other where the more able ones are to help the less so.
The special charity event got a good response from the people in the institution. We would like to thank Carolin for her help and kindness in planning and participating in this event.
Superforex is going to conduct more similar events in the future. Please stay up-to-date with the information about the upcoming Superforex CSR events so that you can participate in helping others. See you at our next initiative!
You can contact with us via one of the listed contacts https://superforex.com/contacts-information
 

 

[Superforex]

Charge your trades with our 60% Energy Bonus! 

SuperForex has prepared a special offer for its most active users. All that you need to do is apply for our Energy Bonus and recharge your account.
Every time you make a deposit to your account you will receive a 60% bonus - regardless of the amount of the deposit. To get the 60% Energy Bonus you need to open a live trading account and subscribe for the bonus from your Client's Cabinet.
Read more via this link   https://superforex.com/id/energy-bonus
 
 

[Superforex]

 
AUD/CAD: review and forecast 
 
Сanadian dollar, is under intense pressure due to falling in oil prices. The rates of CL drops and can not find a base to stabilize. At the moment the price of a barrel of oil CL/WTI costs $ 45.39. Such a low level of prices had been reached only once, this year. After positive GDP data in Canada, at the beginning of the month, there were many factors that had a negative impact on the Canadian dollar. In addition to falling of oil prices, the market  also dissapointed with statistics about reduction in the number of building permits by 0.2%, while investors expected in April increasing by 2.4%. Also it has been known about reduction of business activity index in Canada (PMI) to 53.8 against expected 62. A month earlier, the index reached a level of 62.4.
Given the multiple factors against CAD it is not difficult to assume that the upward trend of AUD/CAD continues. But the Australian dollar deserved to grow even despite the weakening of the Canadian dollar. This week, there were data about GDP for the first quarter of 2017: it has grown to 0.3 percent, slightly exceeding the forecast; yoy GDP growth is more impressive - 1.7% vs. expected growth to 1.5%. The reserve Bank of Australia left interest rates unchanged and indicated further economic growth in the next few years.Situation with trading partners of Australia also in favour of Australia. Recently received statistics about China showed growth in exports and imports by 8.7% and 14.8%, significantly exceeding forecasts. In particular, the volume of iron ore imports in May increased by 11%. Also, increased imports of aluminium and copper.
Oscillators indicate different signals. Stochastic signalized the beginning of a price correction and a good time for opening the deals against the trend. Upon  short-term trading, such deals may be rather effective. Especially given that today we expect data about the change in employment for Canada which can support CAD. But there are no enough preconditions for a trend change. So, upon medium-term trading, it is better to trust the MACD oscillator and open the deals to BUY.

 

[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.’

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

[Superforex]

NZD/JPY: fundamental review and forecast 
 
On the NZD/JPY chart, we can see upward trend which had been formed just a month ago. Now it is becoming more intense. Especially, the Japanese yen lost in value today when the Bank of Japan revealed that they will not to change its monetary policy, keeping the stimulus program unchanged. The Bank of Japan also stated that won't raise interest rates in the foreseeable future. Although it has the reasons for the rate change and tightening of monetary policy considering that GDP growth for five consecutive quarters, good situation in labor market, despite the weak wage growth. But the Bank of Japan stated that they are not interested in strengthening of the yen because the weak yen will have a positive impact on the economy and unemployment level. 
The new Zealand dollar managed to strengthen against the yen weakening.  Although this week was received contradictory statistics affecting the NZD value: GDP growth was weaker than expected in both quarterly and YoY, achieving +0.5% and +2.5%, respectively. But the index of business activity PMI exceeded expectations and amounted 58.5, which is the highest level since January 2016. Also, contributed the rapid strengthening of the NZD impressive data on the employment market in Australia, which is the main trading partner of New Zealand: unemployment rate in may was 5.5% against expected 5.7% and indicator of the "Level of change in employment” was 47K in May which is in 4.7 times more than expected.
 
Thus, strengthening of the NZD has led to the breaking and moving of the resistance line. Oscillators MACD, Stochastics, RSI unanimously indicate that the rates are  in the overbought zone at the moment. So, probability of a price correction in the near future is very high. We can only agree with that because the short deals seems would be the most effective at the moment. 

 

[Superforex]

Special gathering in Malaysia 

On Sunday, June 4 we organized a special gathering for our local clients with the help of our Introducing Broker in Malaysia, Abdul Malek Azenan.
The meeting was designed to introduce the most important aspects of the wide range of services that SuperForex provides. Some of the topics we covered included our variety of account types available, the best payment systems to use for financial transactions, our many bonuses which help clients to trade with a greater amount of funds than they actually deposit, and many other exclusive promotions that make SuperForex the best broker on the market.
 
We were glad to see so many of you there. Thank you once again for joining us for this event!
 
We would like to point out that Mr. Azenan always tries to make time for his clients, so if you have any questions at all, please do not hesitate to contact him - he would be more than happy to set up a meeting at a time that is convenient for you and answer all of your questions about SuperForex in person

 

[Superforex]

Exchanger Partnership 

If you dabble in the business of exchanging currency online, we have great news for you: you can make substantial extra profit on the side by becoming a SuperForex partner. 

What’s in it for you:
Get up to 75% on the spread - the highest commission on the market;
A free exchanger website complete with all kinds of web resources such as banners, APIs, informers, etc. from SuperForex;
Full partner statistics and customizeable affiliate links in the Partner’s cabinet.

All you need to do in return is to refer clients to us by using our wide set of online and offline promo materials. Learn more at https://superforex.com/Exchanger
 

 

[Superforex]

CAD/JPY: fundamental review and forecast  

CAD/JPY rates continues in the frames of a weak downtrend. We could expect more rapid weakening of the Canadian dollar, considering strong pressure for this currency in recent times, due to falling of oil prices. But CAD managed to find support and even strengthened against many currencies due to the statements of the Bank of Canada's representatives. they said about high probability of a rate hike, given continued economic growth. Therefore, increasing of the rates this year, can be considered as almost solved question. 
Contributed the strengthening of the Canadian dollar disappointing statistics from Japan. Trade balance amounted to only 0.13 T amid expected growth in 0.35 T. Japan's trade deficit widened to JPY 203.4 billion in May while investors were expecting a surplus +43 billion. Growth of exports also do not match with investors' expectations and amounted to only 14.9 percent, while imports increased more than expected - 17.8% vs. expected 14.5 %. The positive thing here is only fact that exports continues to grow for the sixth consecutive month. 
In the near future, the rates of CAD/JPY will continue depending on the situation on the oil market because oil prices have already continued to test new psychological marks and now it's already less than 44 dollars for barrel CL/WTI. Unlikely volatility will be high until June 30, when we will have a real Canadian-Japanese day: the market will get a lot of important statistics, such as Canada's GDP, the unemployment rate in Japan and the consumer price index PMI. Considering a lot of factors against CAD, the most effective can be considered short deals on the trend, that confirmed with the Stochastics oscillator.

[Superforex]

Deposit Protection Program 

With SuperForex you never have to worry about the safety of your deposits.
Do you ever worry whether a deal might turn against you and cost you your deposit? Not anymore!
 
SuperForex has developed an innovative Deposit Protection program that allows you to save your deposit even if things go amiss. This offer is available for all customers. Read all the details about it at https://superforex.com/deposit-insurance

 

[Superforex]

XAU/USD (GOLD): Short review and forecast  
  
Situation has not changed significantly since the last month. The rates continue in the frames of the weak uptrend. This week, Gold received support thanks to the weak unemployment report in the United States. So investors began to doubt about further tightening in monetary policy and raising the rate, in the near future. Probability of a rate hike in September estimated at only 15%.
On the daily chart, we can see lowering of volatility this year. There are no signs of trend change, although it has some basis: political risks in the U.S. decreased. The tense situation around the President D. Trump and his administration, gradually stabilizes; investigations against Trump with perspective of impeachment, unlikely be performed. Thus, the U.S. dollar is not under the pressure as it was before and in the near future, it's free for strengthening. The USD value is depending now on the economic situation in the United States and inflation level. But given the forecasts and current situation in the economy of the US, unlikely the dollar will be able to add significantly in price.
During the past three days, gold continued growth. In the short term perspective, Gold can add in the price, within the current range 1240 to 1290 dollars. Therefore, the most optimal would be the deals on the trend upon the short term trading. 

 

[Superforex]

We wanted to let you know that we have updated our official website. If you head over there right now, you would find it has a slicker design, quick links to key services that are easier to locate, and the best part is that everything is responsive, so it should look and work great even on your mobile devices. The new appearance of the website is quite user-friendly and would permit even our mobile users to enjoy our services to the fullest.

Do not worry - we have not removed anything essential. Most menus are still organized in the way SuperForex customers are used to and love. You can still find information on all of our programs and offers without any difficulties.

An important addition to our new website is the SuperForex Social Responsibility page. If you are interested in the charities that SuperForex is involved with, you can learn all about are events and the ways in which you can help us support some of the world’s most disadvantaged communities.

[Superforex]

Profi STP account

 

SuperForex has launched a special type of account for those who really want to tap into the full potential of Forex. This type of account is well-known to professional traders as 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]

 

The Euro on the Rise

 

The European currency seems to be on the rise, enjoying a positive economic outlook.

Here is something we didn’t think we’d be saying so soon: the euro is having a good time.

The currency of the European Union went through some serious hardship over the past decade – it suffered immensely in the global recession of 2008, the debt crisis in some EU countries such as Greece and Portugal, which eventually led to further internal conflicts and more trouble for Europe’s unity as the United Kingdom announced its intention to leave and the fear of losing more members spread as Italy and France held elections recently.

However, this bleak phase for the euro seems to be approaching an end. Despite small daily fluctuations, which occur naturally when there’s global activity on the financial markets, the euro was able to climb up and is currently in its strongest levels since 2011, according to Reuters.

Part of the reason why this is a little surprising is the fact that the European Central Bank, the EU’s organ for monetary policy, has been implementing a stimulus program to boost the European economy by encouraging inflation, something that logically decreases the value of the euro versus other major currencies. It has already been two years since the program began and investors as well as the ECB itself initially expected to continue with this approach for a few years. Nevertheless, recent data from the European Union shows the economy is doing quite well, which prompted ECB President Mario Draghi to show willingness to change the course of the current policy as early as September this year.

Read more: https://superforex.com/analytics/the-euro-on-the-rise

 

 

[Superforex]

 

SuperForex 40% Welcome Bonus.

 

Thanks to this highly popular bonus you can easily increase your trading volume and realize a much better trading profit! Our 40% Welcome Bonus is the motivation for traders to register an account in our company. Take advantage of the possibility of risk-free trading with the ability to withdraw profits. Get $40 for free in just a few simple steps. All you need to do is register a live trading account with us and submit the “Get the 40% Welcome Bonus” button from the Client's Cabinet. Start trading with us using the advanced MT4 trading platform!

 

Read more here https://superforex.com/welcome-bonus

 

[Superforex]

 

Distance Education Course

 

Regardless of whether you are beginner in Forex trading or just want to update your knowledge of basic forex requirements, a special distance learning course by SuperForex will allow you to become better acquainted with Forex trading.

 

Starting from the basic concepts of currency exchange to the most useful technical and fundamental analysis tools, our course contains all the specification that will help you grasp how the Forex market works. You will be provided with visual and quantitative examples to improve your learning process. Each lecture also contains a set of sample questions to test your knowledge after completing the reading.

 

Read more: https://superforex.com/distance-education-course

 

[Superforex]

 

USD/SEK: Review & Forecast

 

Riksbank supported the SEK while the USD was losing positions amid political tensions and investors' worries about the rate change by the FED.

 

The rates continue in the frames of a downward trend, although in the period from May 19 until June 27 the trend changed to a flat one. It seemed that the downward trend had been finally completed at the beginning of July. However, market volatility has suddenly increased, and the downward trend has been restored.

This week there were no significant factors that would affect the USD/SEK rates. The main factor that influence the value of the USD in recent weeks remains the political tension in the United States and investors' worries about the future for the FED rate hikes due to weak economic data in the United States. At the same time, Federal Reserve officials maintain the stance that the rates should be raised more before the end of 2017. Nevertheless, investors suppose that the Federal Reserve may delay increasing the interest rate if the situation in the U.S. economy changes in a positive way and if political tensions in the US grow. Based on this, the dollar lost positions against most currencies while investors prefer safe-haven instruments such as JPY and Gold.

 

Read more here: https://superforex.com/analytics/usd-sek-review-forecast-050717

 

[Superforex]

 

Partner's starter kit

The Partner’s Starter Kit holds all the answers you need. The following booklet has been carefully designed by the SuperForex Partner Relations department in order to help you on your way as a partner. In the pages that follow you can learn about the essence of our Partnership Program - its structure, goals, and benefits. You will also find instructions and recommendations as to how to develop your business as an official partner of SuperForex. We have included a preview of our substantial collection of promotional materials that you can use to raise awareness about SuperForex.

 

[Superforex]

 

A New Hope for the Pound

 

The United Kingdom's currency seems to have finally slowed its descent - could it be ready to start recovering?

 

The future of the British currency became quite uncertain the weeks leading up to the Brexit vote last June, then slumped after the results came through. Now it seems that for the first time in 2017 investors are changing their views on the pound for the better. However, this pertains to the pound vs the dollar; where the euro is concerned, the situation is different.

 

This discrepancy could be easily explained. For one thing, investors expected a lot more from the US economy, mostly riding on Donald Trump’s promised goals as president, especially his vow to bring economic growth up to 3%. This is easier said than done, as we’ve seen. Lukewarm reports from the United States, as well as Trump’s general struggle to enact any kind of policy successfully have made investors lower their expectations. We’ve even seen the dollar drop against all major currencies in recent weeks.

 

The situation is pretty much the opposite with the eurozone. The European Central Bank is in the midst of a massive stimulus program to encourage healthy inflation and spending. Even though the expectation was to see it continue a bit longer, the program is already paying off and surprisingly good economic data from all around Europe has prompted the ECB to admit they may start phasing out the program before the year’s end and turn to a more hawkish policy on the euro. In addition, fears of further political unrest in the EU have been calmed by Macron’s victory in the French presidential elections in April. We still have to see what would happen in the German general elections this fall, but things seem promising for Angela Merkel. It was previously feared she might not gather enough support but after a successful equal marriage rights vote last week it seems likely that she would stay in power.

 

Read more here: https://superforex.com/analytics/a-new-hope-for-the-pound

 

[Superforex]

Forex Copy System

 

SuperForex is happy to say that we have found a way to make your life easier. Rather than go to painstaking efforts to analyze, predict, and plan every single trade you make, we give you the Forex Copy service - a shortcut to success.

 

Forex Copy is a unique functionality that allows traders to subscribe to the trades of some of our most successful Forex masters, thereby making a profit using their strategies.