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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.

 

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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.

 

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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!

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Company NordFX news.

 

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Join “DemoCup” at NordFX - Prize Real Money

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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

 

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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.

 

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Enjoy the freedom of true Scalping and also reliability Server that never Requote with NordFX.

Welcome scalper paradise...scalping without limited, without a matter of minutes and without minimum point, only in NordFX!

 

CAN SEPARATE BALANCE ON META TRADER AND MEMBER AREA/TRADER CABINET .

 

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Premium account  NordFX

The Company NordFX offers you an opportunity to get Premium status.

Premium clients are provided with:

  •     Complimentary debit card for quick and convenient funds withdrawal;
  •     Decreased spreads for currency pairs;
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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 [email protected]

Open Account


Company NordFX offers various types of trading accounts suitable for beginner and professional trader, please select your account here.

 

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Forex Forecast EURUSD, GBPUSD, USDJPY and USDCHF for05 - 09 December 2016

First, a review of last week’s forecast:

  •   With a few minor allowances, last week's forecast for EUR/USD can be considered fulfilled. As a reminder, the indicators on H4 predicted a sideways trend, one third of the experts expected the pair to rebound into the 1.0650-1.0700 area, and the remainder referred to the level of 1.0500 as a support level. Graphical analysispointed to the sideways channel in the 1.0500-1.0720 range. The pair did, in fact, end up spending the whole weektraveling eastwards. However, the pair never actually managed to reach the aforementioned support level: this week’s low-point was 50 points higher at 1.0551. However, it entered the resistance zone three times, reaching the level of 1.0690 on Friday;
  •   The forecast for GBP/USD was talking about a lateral movement of this pair with a dominant bullish trend. However, it turned out that the "dominant" did not do the bulls justice as a descriptor. From Monday to Wednesday the pair, as expected, was moving sideways, oscillating in the 1.2385-1.2530 range. After that, however the bulls, regaining their strength, made a great stride northwards, and in a matter of hours won 200 points from the bears. As a result, the pair finished the week at the level of 1.2730;
  •   Giving the outlook for USD/JPY, we noted that the pair had reached the corridor where it was moving in February-March 2016. Its upper boundary was within 113.80-114.85, whilst the lower boundary was at 110.80. At the same time, resting on the assumption that the pair was overbought, 55% of the experts expected a decline of the pair at least to the level of 111.35. That is exactly what happened. On Monday, the pair went down precisely to the aforementioned support, then turned around and went to the upper boundary of the corridor, stopping at the height of 114.82. Then it rebounded and completed the week’s session in the 113.50 area;
  •   USD/CHF. Here, as it often happens, graphical analysis proved to be almost 100 percent accurate, pointing to a sideways trend within the 1.0100-1.0190 range. In fact, the pair kept within the 1.0070-1.0200 range, meaning that the forecast error did not exceed the typical margin of 25-30 points.

 

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 :

  • Predicting the future of EUR/USD, the indicators on H4 actively recommend its purchase. D1 indicators, on the other hand, have taken a neutral position. 65% of analysts tend to the view that the pair will again testthe December 2015 low at 1.0510 and will possiblydescend to the March 2015 low of 1.0460. As for graphical analysis, it clarifies that a significant upward rebound to the resistance in the 1.0900 zone may follow. It should be noted that at the time of this forecast’s writing the results of the referendum in Italy are still unknown. It is only natural to assume that these results can make significant adjustments to the determination of euro currency pair rates;
  • It is absolutely clear that when predicting the future of GBP/USD almost all indicators point to the growth of the pair, with only a fifth of the oscillators saying that it is overbought. However, the opinion of the majority of experts (65%) and graphical analysis on D1 is diametrically opposite. According to their forecast, the pair must first descend to the level of 1.2510 and then proceed to go even lower to the support at 1.2385 and 1.2300.  The resistance will be in the 1.2865-1.3015 zone;
  • USD/JPY. Just as in the GBP/USD case, the indicators suggestpurchasing the pair and the majority of experts (55%) recommend selling it. Graphical analysis seems to provide a compromise view: according to its readings, the pair will continue to fluctuate within the boundaries of the February-March 2016 corridor. In other words, it will first rise again to the upper border of 114.85 and then fall to the level of 110.80;
  • Now onto USD/CHF.  Here, 70% of experts, graphical analysis, and 80% of indicators on H4 vote for the fall of the pair at least to the level of 1.0000, or indeed even lower to the 0.9900 vicinity. An alternative point of view is expressed by the remaining 30% of analysts and the indicators on D1: according to them the pair will continue to stay in the side channel in the range 1.0070-1.0200 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.

 

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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.

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I've proved many times the deposit by credit card, always processed Instant.
And we also recommanded you to use FasaPay, Neteller and Perfect Money.
 

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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 [email protected] .

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.

 

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MT-ECN account NordFX

The “MT-ECN” account is intended for a broad spectrum of traders who seek to trade with minimal expenses. The quote precision is extended to 5 digits (to 3 digits for JPY pairs). The account is serviced on MT4 and receives quotes directly from ECN Currenex without modifications. We use our own bridge to transfer the order flow to this ECN for excellent speed and quality of order processing. There’re commissions per trade involved, depending on the trading turnover.
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Detail Info : MT-ECN NORDFX.com

 

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NordFX is the great choice for investing to individuals and corporates for a complete of trading services. Additional bonuses for customers when registering and deposit.

NordFX company offers a full range of services for trading in the foreign exchange market a wide range of financial instruments  with a small deposit.

Open your Trading account in NordFX today!

 

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DEPOSIT METHOD on NordFX.com

To deposit funds on the trading account you should:

  •     Login to Trader Cabinet.
  •     Go to page "Funds deposit".
  •     Select method of payment convenient to you.


Deposit funds on the trading account by following methods:

1. Bank transfer in US dollars (USD) or Euro (EUR).
    Bank transfers are made within 24 hours from the moment of receipt of funds to the bank account of the Company.

2. With the help of electronic payment systems:

  • Skrill
  • Alertpay/Payza
  • Payweb
  • Neteller
  • Perfectmoney
  • Webmoney
  • OKPay
  • FasaPay


All transfers via electronic payment systems are automatic. Transferred funds become available for trading at once. Transfer via Visa/Master Card are automatic too.

 

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“DemoCup” Contes at NordFX - Prize Real Money

Results Stage 12 Demo Contest NordFX in 2016 :

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Registration for next stage (Stage 1 for 2017 ) have been opened :

Start: 16.01.2017 00:00  (server time)
Finish: 27.01.2017 22:00  (server time)
 
Free to participate in the contest.

More Info : DEMOCUP NordFX

 


 

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NordFX Offers the Best and Profitable Service

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

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- Bonus Deposit Program : http://nordfx.com/bonuses.html

 

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Forex Forecast EURUSD, GBPUSD, USDJPY and USDCHF for 19 - 23 December 2016

First, a few words about the forecast for the previous week, which has been almost 100% correct for all four pairs:

  •  The final forecast for the EUR/USD pair last week was as follows: first a rebound to the resistance at 1.0650 and then a drop to the March 2015 lows in the 1.0460 area. It also suggested a strengthening of the downward trend in the event the US Federal Reserve decided to increase interest rates. This forecast can be considered fulfilled almost completely. At the beginning of the week, as expected, the pair rose to the level of 1.0650 and then made several attempts to break higher, but was unable to overcome the 1.0670 bar. The decision of the Federal Reserve on Wednesday, 14th December delivered the expected strengthening of the dollar, and the pair initially fell to the level of 1.0470 and then even lower to 1.0366. The pair reached 1.0449by the end of the week’s session;
  •  The forecast for GBP/USD stated that the pair would stay in the sideways channel of 1.2550-1.2700 for some time in the beginning of the week. It would then go down to the 1.2400-1.2500 zone. That was what actually ended up happening, allowing for a standard sway of 25 points;
  •  With regard to USD/JPY, a rather quiet start of the week dominated by slight bullish sentiment was assumed. Then, after the decision of the US Federal Reserve, we assumed a rise to the resistance at 118.70. This prediction proved to be correct,and on Thursday, 15th December, the pair reached a height of 118.66 before proceeding to move sideways, finishing the week in the 117.90 zone; 
  •  The forecast for USD/CHF has not been disappointing either. According to most experts, graphical analysis, and indicators on H4 and D1, the pair was supposed to revisit the 2015 maximum of 1.0300. That is what it did, even managing to exceed the expectations of the task by reaching a height of 1.0343.

 

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 :

  • A few months ago, we published the opinions of a number of experts suggesting that EUR/USD would seek to achieve an exchange rate parity of 1.0000 in the upcoming year (2017). It seems that this forecast is coming true. At least 60% of analysts, 85% of indicators, and graphical analysis on D1 believe that in the near future the pair will continue to fall at least to the 1.0300-1.0350 area. It is worth noting that the pair has fallen so low that, when determining the support level, it is necessary to work not just with the data for the last two years, but also with that from 1997-2003.
    An alternative point of view is expressed by the remaining 40% of experts and the numerous oscillators, which indicate that the pair has been oversold. According to their forecast, the pair has reached its local minimum, so in the foreseeable future will be moving in a sideways channel with a Pivot Point of 1.0500; 
  • With regard to the future of GBP/USD, 60% of experts and the majority of indicators support the continuation of the downward trend, naming the support at 1.2300 as the nearest target. At the same time, graphical analysis clarifies that the pair may stay in a sideways corridor within 1.2360-1.2560 for some more time before the decline. It should be noted, however, that when giving a medium-term forecast, 70% of analysts believe that the pair should sink to the level of 1.2100;
  • USD/JPY. It is clear that most of the indicators point northwards. However, a third of the oscillators indicates the pair has been overbought. Graphical analysis points to a possible downwards rebound as well, naming 115.45, 114.80 and 113.90 as support levels. As for the experts, 30% of them believe that the pair will grow to a height of 120.00. The majority, though, expect a sideways trend with a Pivot Point of 118.00;
  • USD/CHF. More than half of the experts believe that the pair will try to gain a foothold above 1.0300, the main resistance being 1.0410. Graphical analysis on D1 and 95% of indicators on D1 and H4 agree with this point of view. The main support is 1.0200, with the next one being at 1.0150.

 

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.
 

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NordFX currently offer the most popular programs for Internet trading Platform in options - Trade Integral NFX, MetaTrader 5, MetaTrader 4, MetaTrader 4 Mobile and Binary Option to help our clients to access their personal accounts and quotes from anywhere in the world.

You do not need to come to our office and spend a lot of time to fill and send the document agreed to open an account with us. Fill out a short form on our site and your account will open in a few minutes.

Fill Register Form Here!

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