Donna Forex Forum

Brokers => Brokers => Topic started by: donnaforex on September 15, 2011, 09:22:30 AM

Title: NordFX - questions, comments, etc.
Post by: donnaforex on September 15, 2011, 09:22:30 AM
I want to introduce to the forum Julia from NordFX who has kindly offered to come here and answer any questions/comments from traders. Feel free to leave feedback, comments, questions  etc,

Welcome to the forum, Julia, and thanks for joining us.
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on September 16, 2011, 05:00:44 AM
Thanks, Donnaforex!

My name is Julia and I am an official representative of NordFX (http://www.nordfx.com (http://www.nordfx.com)).
I will be happy to answer all of your questions.

I hope our company will be the best of your broker's choice!
Title: Re: NordFX - questions, comments, etc.
Post by: Josef on September 16, 2011, 07:40:42 AM
Thanks Donnaforex!

My name is Julia and I am of official representative of NordFX (http://www.nordfx.com/?id= (http://www.nordfx.com/?id=)).
I will be happy to answer on all of your questions.

I hope our company will be the best of your broker's choice!

Hello Julia,

Welcome to the forum.

I have a few questions:

1. What is the minimum deposit to open account with NordFx?

2. Where are you located and are you regulated broker?

Regards

Josef
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on September 17, 2011, 11:51:38 AM

Hello Julia,

Welcome to the forum.

I have a few questions:

1. What is the minimum deposit to open account with NordFx?

2. Where are you located and are you regulated broker?

Regards

Josef

Hello Josef!Thanks for your question!
1. ON our micro account minimum deposit is only 5 $!
2. We have offices in different countries like Netherlands, Indonesia, China and others. You can check all adresses in our site http://nordfx.com/do/contact/ (http://nordfx.com/do/contact/)

Investment financial company "Nord Group Investments Inc" registered at Office 113, Medine Mews, La Rue Chaussee, Port Louis, Mauritius, has a Category 1 Global Business License issued by the Financial Services Commission Republic of Mauritius.

Company No.: 082831 C1/GBL; Category 1 Global Business N C108006311 License

If you will have more questions please ask!
Title: Re: NordFX - questions, comments, etc.
Post by: hawkfx on September 29, 2011, 06:14:46 AM
I been using for a year now, and they are good.

Their withdrawals are done on same day, and spreads are good and they are on supported page on integral.
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on September 29, 2011, 03:17:28 PM
I been using for a year now, and they are good.

Their withdrawals are done on same day, and spreads are good and they are on supported page on integral.

Thanks, hawkfx!
You are welcome.
Title: Re: NordFX - questions, comments, etc.
Post by: drbalajidnb on September 30, 2011, 04:08:19 PM
hello julia,are clients account segregated in your company
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on October 03, 2011, 04:06:18 PM
hello julia,are clients account segregated in your company

Hello, drbalajidnb!
Thanks for your question.
We don't have segregate account, but you can open our "Premium" account that will give you special conditions.
Thanks.
Title: Re: NordFX - questions, comments, etc.
Post by: daniq on October 08, 2011, 02:51:36 PM
Hi Julia

I see your ads on russian forums and  you active promote ecn with integral. why is the minimum deposit on this account 20000$ ? on the currenex ecn 1000$ but is it real.

btw 3 months ago i try register account and want get to free 8$ for test it. send all scans but still not verified :)
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on October 10, 2011, 12:18:23 PM
Hi Julia

I see your ads on russian forums and  you active promote ecn with integral. why is the minimum deposit on this account 20000$ ? on the currenex ecn 1000$ but is it real.

btw 3 months ago i try register account and want get to free 8$ for test it. send all scans but still not verified :)

Hello, daniq!Thanks for your question.

The minimum deposit for Integral account is more than for MT-ECN account because the account management (accounts, balances etc) directly in ECN is more expensive than the management of orders only (like in MT-ECN account).

Also, about your account, could you please check the "Upload Documents" page? Probably the verification has already been denied. The reason will be posted on this page or send me your account number and i will give you the answer;)

Thanks!
Title: Re: NordFX - questions, comments, etc.
Post by: cyberryder on October 25, 2011, 11:01:29 PM
i opened a live account there some months ago, but never funded after i compared their spreads to finFx, FXOpen, Dukas, Pepper. I saw huge spread widening spikes there. Average spread is always 1 pip higher than the Pepper spread. Let 1 demo from Pepper and 1 from Nord run side by side with the same pair and you'll see.

Sure, spread is important, but in the end there are multiple factors that matters.

Julia,i think the most interesting topic out there in this forum would probably be, if Nord would be a good broker for the MT4 Expert "Million Dollar Pips = MDP".
-Do you have succesful MDP traders?
-Do you know the execution time they get?
-Are you passing all orders through regardless of size?
-Can i use FixProtocols MT4 Bridge with your Integral Account? Do you have live traders using this? Is the bridge causing latency? What about the risk of using a bridge?

Thanks a lot!
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on October 27, 2011, 09:23:39 AM
Hello, Pips2Cash.com!
Thanks for your good question.
Let me prepare the full answer to you. I will give you the answer after some time, thanks!
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on October 27, 2011, 10:59:38 AM
1. Do you have successful MDP traders?
Yes, we have a number of traders who do orders with MDP comments. The great majority of them are successful.

2. Do you know the execution time they get?
It's about 1 second just like for all other clients. 

3. Do you pass all orders through regardless of the size?
There are standard volume limits - the minimal lot and step 0.01 or 0.1 (depending on the account type), the maximum order of 50 lots on the "Standard" account. But if all clients start trading one currency pair simultaneously,  execution prices will worsen with the total volume reaching over 20-40 lots on major pairs. Thus, it's necessary to ensure different entry times in order to avoid buying at worse prices.

4. Can I use the Fix Protocol MT4 Bridge with your Integral account? -Do you have live traders using this? Does the bridge cause latency?
In case clients want to trade on MT, we already use the bridge to transfer orders to ECN's. If one wants to reduce latency through the MT server, we can offer a direct account on Integral. When an expert advisor is set to the FIX protocol, the client can trade on ECN directly.  This will reduce latency by about 100-200 msec.

5. What about the risk of using a bridge?
The bridge doesn't imply additional risks. They have been and will be linked to external factors - ECN slumps, power and Internet problems, problems with the trading platform. These risks and responsibilities are specified in the Client Agreement. All clients trade taking their share of risks.  The bridge doesn't create anything more.
When an EA is set to the FIX protocol, some risks are eliminated (those connected with MT) and some others are added (connected with the FIX application itself and its positioning on third-party servers).


If you will have any questions - please ask, thanks!
Title: Re: NordFX - questions, comments, etc.
Post by: daniq on November 09, 2011, 06:11:29 PM
Julia, my account was dropped i think cuz is not was active. can i try again?

Btw from myfxvps ping to live server of nord fx is 2ms. its very close  ;)
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on November 16, 2011, 02:36:17 PM
Julia, my account was dropped i think cuz is not was active. can i try again?

Btw from myfxvps ping to live server of nord fx is 2ms. its very close  ;)

Hello, daniq!
Sorry for the late answer.

You can create the new one or re activate your old account, for this you have to send your request on support@nordfx.com with number of your account. Thanks!

If you will have more questions - please ask!
Title: Re: NordFX - questions, comments, etc.
Post by: Young on November 17, 2011, 02:53:39 PM
Julia, Can you let me know the average spread on EURUSD and GBPUSD?
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on November 18, 2011, 03:52:32 PM
Julia, Can you let me know the average spread on EURUSD and GBPUSD?

Hello Young!
Thanks for your question.

It depends on account type.

We have different spreads on different account types.

For example on micro account you will have fixed spread - EURUSD 2 pips and GBPUSD 3 pips.
On standart account you will have dinamic spreads from 1 pips.

You can check all information here http://nordfx.com/trading_account_micro.html (http://nordfx.com/trading_account_micro.html) - for micro account. Also there are specifications for the other account types.
Title: Autotrading with NordFX and ZuluTrade. Trade with the best!
Post by: Julia NordFX on November 30, 2011, 12:23:40 PM
Good news from NordFX!

NordFX together with ZuluTrade, the biggest provider of autotrading systems on the Forex market, are pleased to announce the start of their joint venture.

Main points:
•  $50/€50 minimum deposit.
•   Minimal lot 0.01.
•   Full control of the account, including manual trading.


Trade with the best!
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on February 20, 2012, 02:32:34 PM
NordFX is pleased to announce that the popular trading application MetaTrader5 for Android has been upgraded. MetaTrader5 for Android is designed for all smartphones and tablet computers with Android OS.  The application functional allows receiving real-time quotes and viewing account history.  Now, with charts also available, it lets traders keep an eye on the quotes for financial instruments and instantly react to any changes on financial markets.
The terminal is easy to install and doesn’t require additional settings. For a start, find the application on Android Market and install it on your mobile phone or tablet.
Use the following link to download the application from Android Market:  

https://market.android.com/details?id=net.metaquotes.metatrader5 (https://market.android.com/details?id=net.metaquotes.metatrader5)

We believe that Metatrader5 for Android will make trading even more convenient, flexible and efficient for NordFX clients.
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on July 20, 2012, 06:25:04 PM
We offer:
"Welcome!" account is designed for traders who want to be sure of the unsurpassed quality service of NordFX Company. We are so confident about our service quality that we offer everyone who wishes to begin trading, to do it at our expense!

You can start trading without making any deposit, and all profits earned can be withdrawn at any time.


Read more here
http://nordfx.com/trading_account_welcome.html (http://nordfx.com/trading_account_welcome.html)
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on December 26, 2012, 04:19:12 PM
Dear forum users,

NordFX wishes you happy holidays!
May all your dreams and plans come true in due time and all your financial endeavors always bring profit in the new year!

Best regards,
NordFX

Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on March 01, 2013, 09:16:40 AM
Dear Customers,

NordFX is pleased to announce the introduction of a new payment system for funds deposits and withdrawals – NETELLER.



Title: Re: NordFX - questions, comments, etc.
Post by: pipkiller on March 01, 2013, 08:27:06 PM
Dear Customers,

NordFX is pleased to announce the introduction of a new payment system for funds deposits and withdrawals – NETELLER.


Hi can you please tell me if there are additionnal fees by using neteller? And one more question, do you offer debit card with nordfx? Thanks
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on March 04, 2013, 09:20:37 AM
Dear, pipkiller!


Hi can you please tell me if there are additionnal fees by using neteller?

No, we have no commision.


Quote
And one more question, do you offer debit card with nordfx? Thanks

No, We don't.
Thanks!
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on June 21, 2013, 07:02:48 PM
NordFX and Currensee, a leading provider of automated Forex trading systems, are pleased to announce the launch of their partnership. Now, thanks to the Currensee Trade Leaders™ Investment Program, a unique auto trading service, you gain the opportunity to automatically execute the trades of professional traders (Trade Leaders) in your account online while preserving full control over your own account. Rest assured that your selected Trade Leaders have gone through a rigorous due diligence process at Currensee based on their performance and risk management track records.
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on September 21, 2013, 11:44:24 AM
Dear Customers,

NordFX cancels all commissions for funds withdrawals via the payment system NETELLER!

Now operations with a trading account become easier and more profitable. Just as you deposit into your NordFX account via NETELLER without fees, you also get the chance to withdraw funds via NETELLER at zero cost.

We’re happy to provide our clients with an even more convenient and efficient way to work with their accounts. Make the best of the new opportunity to withdraw funds via NETELLER free of charge!
Title: Re: NordFX - questions, comments, etc.
Post by: Sidekickeh on December 01, 2013, 09:19:46 PM
Hi Tava. What is your average spread on audnzd? I am in need of a broker with tight spread on this pair. Can you please let me know? Thank you
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on December 05, 2013, 05:46:33 AM
Hi Tava. What is your average spread on audnzd? I am in need of a broker with tight spread on this pair. Can you please let me know? Thank you

Hello, Sidekickeh,

The spreads are different depending on the account type. We have fixed spreads on Micro account (10 pips for AUDNZD) and dynamic spreads on Standard and MT-ECN accounts. On Standard account the average spread for AUDNZD is 6 pips.
Title: Re: NordFX - questions, comments, etc.
Post by: forexmostwanted on December 09, 2013, 12:59:21 AM
Probably one of the best companies to work with.
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on December 27, 2013, 08:43:54 AM
Dear Clients and Partners!

NordFX wishes you a wonderful holiday season! We trust that you had a great Christmas and that New Year will be filled with Happiness and Prosperity!
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on January 07, 2014, 08:58:12 AM
NordFX has wrapped up 2013 on a highly positive note. In December, the company received four awards – from the Academy MasterForex-V and CFI.co, a UK financial magazine.

According to the MasterForex-V ratings, the most traders voted for NordFX in the following nominations:


CFI.co’s international readership nominated NordFX as «Best FX Broker in Asia 2013», and the judging panel, in turn, declared the company the winner in this category.

We are thankful to traders from various countries as well as to CFI.co’s readers and experts for the support and credence rendered! Undoubtedly, the received awards and recognition will only encourage NordFX to develop further and keep improving the quality and variety of its services in the new year of 2014.

See company news (http://"http://nordfx.com/118-nordfx_awards.htmlid=529854")
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on February 20, 2014, 05:26:53 PM
NordFX NEWS!!!

Committed to providing top-level services and keeping track of all Forex novelties, NordFX is pleased to offer its customers a new service – “Signals,” from the developer of MT4 and MT5 trading platforms MetaQuotes Software Corp.

The service is integrated into MT4 and MT5 trading terminals provided by NordFX, doesn’t require any additional software and allows traders to connect to thousands of trading signals providers all over the world and copy preferred signals automatically.
It takes just a few clicks to select the most suitable provider, view his trading strategy and performance and subscribe to his signals.

Among other “Signals” advantages are:

•   special protection of subscribers from wrong calculations of trading lot sizes and excessive deposit burden;
•   complete transparency of trading history and a high level of security both for traders and providers;
•   no third-party access to accounts and balances held by traders and providers, not even the investor password is requested.

Signal subscription is offered for a fee or free of charge. The standard subscription term is 1 month. In case of paid subscription, there’s a small fixed fee. There are no commissions for trades.

We trust that our partnership with MQL5.community will open up new trading opportunities for you and make your work on Forex not only easier and more convenient but, above all, more effective and profitable.
Title: Re: NordFX - questions, comments, etc.
Post by: tifagabe on March 03, 2014, 09:29:27 AM
MOD EDIT: User has been banned for non-stop ramping
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 13, 2014, 08:13:48 PM
Attention: For Users of Mobile Applications from Forex On The Go

This is to inform you of the changes in servicing MetaTrader 4 and MetaTrader 5 applications for iOS and Android mobile devices. As of 7 May 2014, NordFX stopped the use of mobile applications from Forex On The Go until further notice. 

For you to continue with mobile trading, we recommend that you download the latest MT4 and MT5 mobile applications provided by MetaQuotes. Their broad functionality will allow you to manage your trading account on a mobile device with ease and efficiency. 

MetaQuotes mobile terminals for iPhone, iPad and Android devices can be downloaded at:
http://nordfx.com/NordFX_MT4_iPhone_iPad_iPodTouch.html (http://nordfx.com/NordFX_MT4_iPhone_iPad_iPodTouch.html)
http://nordfx.com/NordFX_MT4_Android.html (http://nordfx.com/NordFX_MT4_Android.html)
http://nordfx.com/MetaTrader_5.html (http://nordfx.com/MetaTrader_5.html) 
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 13, 2014, 08:16:29 PM
As many of you know, the Forex Magnates website is the place to be for Forex brokers and investors. There you get information about all the key market players and see all the important industry news.

Not so long ago NordFX had an interview published in the Forex Magnates Directory. The questions were put to John Gordon, a leading NordFX financial advisor. He told about the company, the state of affairs on Forex and its prospects.

To read the entire interview, please visit: http://directory.forexmagnates.com/interviews/id/28/ (http://directory.forexmagnates.com/interviews/id/28/)

Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on July 07, 2014, 12:09:05 PM
No Fees for Deposits via OKPAY

As of July 2014, NordFX customers receive another opportunity to fund their trading accounts quickly and at no cost – by using the OKPAY online system. Deposits are instant and carry zero commissions.

OKPAY is a leading online payment system offering services to individuals and companies in over 200 countries. An OKPAY wallet will help you manage funds with ease and efficiency thanks to:
-  free and simple account registration on the OKPAY website;
- lots of ways to load your OKPAY wallet (bank wire and money transfers, checks, various e-currencies,  phone payments);
- the availability of different types of financial transactions (transfers, sending and receiving of money, withdrawals, conversion of currencies, payments for goods and services and other online payments);
- a multi-level security system – from basic protection with security questions and codes, the Extended Validation SSL Certificate to auto-logout, IP address filtering and one-time PIN-codes sent to customers’ mobile phones.

Take advantage of the OKPAY payment system and make work with your NordFX trading account even more handy, organized and cost-effective.
Title: Generalized Forex Forecast for 13-17 October 2014
Post by: Julia NordFX on October 13, 2014, 01:35:23 PM
Colleagues,

In order to help facilitate our work in the field of Forex, I bring to your attention a summary table in which I collected the opinions of 35 analysts and leading world banks and broker firms as well as forecasts made based on most different methods of technical analysis (26 indicators and special programs).

Please note that I am not making my own forecasts but simply gathering together opinions of different sources on the upcoming movements of the main major pairs. I hope this information will help you set your goals for this week. Or, at least, save you from making wrong moves.

I would be genuinely pleased if you, colleagues, do not just pass by but also share your own information on this subject.

Roman Butko, NordFX

WE DO NOT ADVISE, WE INFORM!
Title: Re: NordFX - questions, comments, etc.
Post by: GoldenBoy on October 14, 2014, 03:16:06 AM
The leverage is too low on your ECN account with 100-1. This is not in line with industry standards with other brokers.
You need to offer at least 200-1.
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on October 15, 2014, 02:19:43 PM
We wish to inform you that on October 31st 2014, Currensee and the Trade
Leaders Program will cease operation.


Through October 31st, NordFX Currensee account holders will not be able
to change allocations or allocate further margin to the Currensee Trade
Leaders™ Investment Program. Trade copying will continue as usual unless
the client de-allocates margin from their account manually. All follower
positions will be closed at 9:00am EDT on October 31st. Of  course,
any  remaining  funds  will  sit in your NordFX Currensee accounts.

Registration of new Currensee accounts is closed.
Title: Re: NordFX - questions, comments, etc.
Post by: pipkiller on October 17, 2014, 04:06:43 PM
The leverage is too low on your ECN account with 100-1. This is not in line with industry standards with other brokers.
You need to offer at least 200-1.

Hmm I guess its because they are registered in Cyprus??
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on October 20, 2014, 05:15:04 PM
Generalized Forex Forecast for 20-24 October 2014

Colleagues,

To help facilitate your hard work in the field of forex, I bring to your attention a summary table in which I collected the opinions of 35 analysts and leading world banks and broker companies as well as forecasts based on most different methods of technical analysis (26 indicators and special programs).

As for the last week’s forecast, overall it came true for three pairs out of the four:
- the GBP/USD pair experienced the predicted drop to 1.5870 as well as the predicted reversal that returned it to the market risk level;
- for the USD/JPY pair experts predicted a sideways trend which happened, although with quite high volatility;
- the USD/CHF also experienced the predicted drop and reversal;
- yet for the EUR/USD pair the majority of "votes" predicted a steady drop and only one system of graphical forecasting showed a growth towards 1.2830. It is this exact scenario that was realized with almost 100% accuracy.

Roman Butko, NordFX

WE DO NOT ADVISE, WE INFORM!

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs29.postimg.org%2Fpp6nm887b%2FForecast_20_October.jpg&hash=6813dc6d9feb752eb2605d1c83a205c2)
Title: Re: NordFX - questions, comments, etc.
Post by: MaximB13 on October 20, 2014, 06:54:31 PM
Oh, we have NordFX section here?  8)

I would like to mention, they have awful service.
Like a month ago (or even longer), I have applied for the MT5 account. Registered the necessary account type, sent the according email in order to request MT5 trading account and...Nothing happened, have not received login details yet. :/
I tried to get in touch with the support team like a dozen times, and they kept answering the same - "Be patient, your application will be approved soon, we are very sorry for the delay".
Maybe the NordFX representetive here would pay attention to me, and find out what does it take so long?
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on October 29, 2014, 04:38:13 PM
Oh, we have NordFX section here?  8)

I would like to mention, they have awful service.
Like a month ago (or even longer), I have applied for the MT5 account. Registered the necessary account type, sent the according email in order to request MT5 trading account and...Nothing happened, have not received login details yet. :/
I tried to get in touch with the support team like a dozen times, and they kept answering the same - "Be patient, your application will be approved soon, we are very sorry for the delay".
Maybe the NordFX representetive here would pay attention to me, and find out what does it take so long?

Hello, Maxim
Please provide details on your conversations with support and your account number in personal message here. I will do my best to help you.
Title: GENERALIZED FOREX FORECAST FOR 27-31 OCTOBER 2014
Post by: Julia NordFX on October 29, 2014, 04:39:24 PM
Colleagues,

I bring to your attention a summary table in which I’ve collected the opinions of 35 analysts and leading world banks and broker firms as well as predictions based on different methods of technical analysis (26 indicators and special programs).

As for last week’s forecast, it was confirmed with 100% accuracy for all four pairs:
- EUR/USD displayed a steady fall in the first half of the week, after which the euro won back some of its positions (open 1.27501, low 1.26129, close 1.26695);
- GBP/USD also experienced the predicted fall of three black candles;
- USD/JPY experienced a steady increase from 107.202 to 108.150;
- as for USD/CHF, experts and indicators predicted a side trend with a slight increase, which indeed happened.

Roman Butko, NordFX

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs3.postimg.org%2Ftisw31oc3%2FForecast_27_October_Eng.jpg&hash=358c377760509aad671473695bd1762e)
Title: Re: NordFX - questions, comments, etc.
Post by: MaximB13 on November 02, 2014, 07:00:24 PM
Oh, we have NordFX section here?  8)

I would like to mention, they have awful service.
Like a month ago (or even longer), I have applied for the MT5 account. Registered the necessary account type, sent the according email in order to request MT5 trading account and...Nothing happened, have not received login details yet. :/
I tried to get in touch with the support team like a dozen times, and they kept answering the same - "Be patient, your application will be approved soon, we are very sorry for the delay".
Maybe the NordFX representetive here would pay attention to me, and find out what does it take so long?

Hello, Maxim
Please provide details on your conversations with support and your account number in personal message here. I will do my best to help you.

My account number was: 952122
Tried to get in touch with your support team, the answer was the same, as always - "Be patient, it's going to be reviewed soon".
Title: Re: NordFX - questions, comments, etc.
Post by: Aries on November 02, 2014, 07:20:51 PM
Same problem here , my account number is 962677 .

You know you should really enhance your support level !
Title: GENERALIZED FOREX FORECAST FOR 3-7 NOVEMBER 2014
Post by: Julia NordFX on November 04, 2014, 10:52:28 AM
Dear colleagues,

Generalizing in a table the opinions of 35 analysts from world leading banks and broker companies and forecasts based on different methods of technical analysis, the following can be concluded:
- for 3-7 November, EUR/USD can be expected to move sideways with a downward slide to 1.2470-1.2480;
- approximately the same can be said about the GBP/USD pair – the levels of support will be 1.5940 and 1.5880;
- after an impressive growth last Friday, USD/JPY is likely to experience a break in its sideways trend;
- USD/CHF will also be in a sideways trend, although in the medium term the pair may rise to the level of 0.9703.
 
As for last week’s forecast:
- The forecast for EUR/USD showed a sideways trend with a fall and a rise of 50% by 50%. This is what actually happened – for the first half of the week the pair fell and for the second half it went up.
- The forecast for GBP/USD was confirmed 100% – the pair showed a black weekly candle, having fallen from 1.6083 to 1.5940.
- The dollar displayed steady growth against the Japanese yen and so fully justified the forecast.
- Finally, a sideways trend with a slight growth was predicted for USD/CHF, which is what happened.

Roman Butko, NordFX

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs27.postimg.org%2F6v9ew7cxv%2FForecast_3_7_Nov_Table.png&hash=66e99383d6f8b908b163dce2daecb5b8)
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on November 04, 2014, 11:27:43 AM
Same problem here , my account number is 962677 .

You know you should really enhance your support level !

Hello Aries,
We checked you account. You have registered "welcome" account with NordFX. Unfortunately it's possible to switch to MT5 account from Standard MT4 account only. Please do the following:
1. Open Standard MT4 account
2. Report to support@nordfx.com you wish to switch to MT5 account
3. Response will be sent to the email you have stated when registered your Standard MT4 account

We're sorry for inconvenience, we will correct information at our site from what account this kind of switching is possible.
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on November 04, 2014, 11:36:04 AM
Oh, we have NordFX section here?  8)

I would like to mention, they have awful service.
Like a month ago (or even longer), I have applied for the MT5 account. Registered the necessary account type, sent the according email in order to request MT5 trading account and...Nothing happened, have not received login details yet. :/
I tried to get in touch with the support team like a dozen times, and they kept answering the same - "Be patient, your application will be approved soon, we are very sorry for the delay".
Maybe the NordFX representetive here would pay attention to me, and find out what does it take so long?

Hello, Maxim
Please provide details on your conversations with support and your account number in personal message here. I will do my best to help you.

My account number was: 952122
Tried to get in touch with your support team, the answer was the same, as always - "Be patient, it's going to be reviewed soon".

Hello Maxim,
Thank you for the infromation provided. We have checked your account. It's eligible for swithing for MT5 accout. We received many MT5 swithing requests this autumn. We're sorry for this long delay and try do our best to push forward your request. Hope you can start you trading with NordFX soon!
Title: Re: GENERALIZED FOREX FORECAST FOR 3-7 NOVEMBER 2014
Post by: pipkiller on November 08, 2014, 03:27:35 PM
- after an impressive growth last Friday, USD/JPY is likely to experience a break in its sideways trend;
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs27.postimg.org%2F6v9ew7cxv%2FForecast_3_7_Nov_Table.png&hash=66e99383d6f8b908b163dce2daecb5b8)

Looks like USDJPY didnt stop at all ;)
Title: GENERALIZED FOREX FORECAST FOR 10-14 NOVEMBER 2014
Post by: Julia NordFX on November 10, 2014, 11:27:24 AM
Generalizing in a table the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical analysis, the following can be concluded:
- for 10-14 November, the most probable movement of the EUR/USD pair is downwards to the level of 1.2300-1.2340 while a temporary rise to 1.2510-1.2540 is not excluded;
- approximately the same can be said about the GBP/USD pair, the main trend being a fall to the level of 1.5760 and the strongest level of resistance for this pair being 1.6000;
 - for USD/JPY analysts predict a sideways trend, while technical analysis indicators for the most part predict further strengthening of the dollar. Most probably last week’s scenario will be repeated – a small growth against the background of sideways movement;
- USD/CHF will carry on striving to rise above the key level of 0.9700.

As for last week’s forecast:
- the forecast for EUR/USD showed a fall to the level of 1.2470, which is what happened, although the fall proved to be more rapid – the pair finished at 1.2454;
- the black candle for GBP/USD was also confirmed, and the pair ended the week at 1.5872, close to the predicted support level;
- for the USD/JPY pair sideways movement with a definite rise was predicted but in reality the dollar got strengthened more than expected;
- and finally, USD/CHF fully confirmed the forecast, having held a sideways trend all week, albeit with relatively high volatility for this pair.

Roman Butko
NordFX


(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs27.postimg.org%2Fxeo7t6m7n%2FForecast_10_14_Nov_2014.png&hash=681c878b542aac6224551266a79f4f84)
Title: GENERALIZED FOREX FORECAST FOR 17-21 NOVEMBER 2014
Post by: Julia NordFX on November 18, 2014, 11:45:57 AM
Generalizing the opinions of 35 analysts from world leading banks and broker companies collected in the table as well as forecasts based on most different methods of technical and graphical analysis, the following can be concluded:
- for the period of 17-21 November, the EUR/USD pair will once again be testing the level of 1.2400, although at the start of the week a small rise to 1.2550 is possible;
- concerning GBP/USD, we can predict a sideways trend with sliding downwards to the level of 1.5580. At the same time, graphical analysis indicates there may be a short hike to 1.5725;
- the USD/JPY pair is probably going to duplicate its behavior in the previous two weeks, strengthening the dollar by another 100-120 points and reaching the level of 117.30;
- opinions regarding the USD/CHF pair diverge. An attempt to sum them up points to a sideways movement with quite strong volatility and a downward tendency to 0.9550.


As for last week’s forecast:
- the EUR/USD outlook was confirmed only partly. However, if any traders didn’t win by taking it into account, they at least should not have lost either. To recap, for 10-14 November analysts predicted a sideways trend with a small slump while indicators unanimously pointed downwards. As predicted, already by Monday-Tuesday the pair tried to break through the level of 1.2400 and then repeated this attempt on Friday, both times unsuccessfully. As a result, EUR/USD finished the week exactly in the range of the predicted rebound 1.2510-1.2540;
- as for GBP/USD, the opinions of both analysts and indicators were unequivocal – downwards and only downwards to the level of 1.5760, which is what happened with 100% accuracy;
- the USD/JPY pair was predicted to repeat the scenario of the first week of November – a sideways movement with definite growth. If you compare the weekly charts, you will see that they practically repeat each other;
- finally, USD/CHF nearly mirrored the behavior of EUR/USD – it got close to its goal of 0.9700 twice but near the very end of Friday it rolled down to last week’s minimum due the news from the USA.

Roman Butko, NordFX

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs24.postimg.org%2F4pibtghhx%2FForecast_17_21_Nov_14.png&hash=d2b00df32ee5f377481a9bb333816377)
Title: GENERALIZED FOREX FORECAST FOR 24-28 NOVEMBER 2014
Post by: Julia NordFX on November 25, 2014, 11:21:00 AM
Generalizing the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be concluded:
-   24-28 November, while securing itself at 1.2400, the EUR/USD pair will be in a sideways trend. At the same time, a fall to the 1.2350 mark is possible;
-   a sideways trend can also be predicted for GBP/USD with strengthening volatility in the corridor of 1.5575-1.5720 towards the middle of the week;
-    the USD/JPY pair, most probably, will once again strive to get to the level of 118.75-119 after which a retreat to 115.70 will follow;
-    and finally, after several weeks of deliberation both analysts and indicators have reached the consensus that USD/CHF will continue moving upwards to at least 0.9740.

As for last week’s forecast:
-   the general outlook for EUR/USD was fully confirmed. Both the predicted growth at the start of the week and the fall to the level of 1.2400 occurred. Although the upper boundary of the range turned out to be slightly higher than the calculated one (1.2550), we can say that the pair worked within the prescribed limits, finishing the week with the long awaited spectacular break of the lower rate of 1.2400;
-   as for the GBP/USD pair, a sideways trend with possible growth to the 1.5725 mark and sliding down to the level of 1.5580 was predicted, which is what happened. After a bold swoop on the top boundary of 1.5725, already Monday morning  the pair  began rolling down rapidly, stopping at the 1.5590 mark 19 November and then rebounding to the levels of the beginning of the week;
-  as predicted, USD/JPY repeated its behaviour over the previous two weeks precisely, breaking through the 117.30 mark on Wednesday and strengthening the dollar by another 160 points;
-  the opinions of the analysts and the technical analysis indications regarding USD/CHF diverged. With that, strong volatility with a possibility of a fall to 0.9550 was predicted for the pair. The range of the fluctuations of the exchange rate indeed turned out to be strong – over 175.5 points, while the pair approached the 0.9550 mark more than once.

Roman Butko, NordFX

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs1.postimg.org%2Fyg6ycpjfj%2FForecast_for_24_28_Nov_14.png&hash=0ecd986f0d739f261cdfc418ff02eee9)
Title: GENERALIZED FOREX FORECAST FOR 1-5 DECEMBER 2014
Post by: Julia NordFX on December 02, 2014, 11:24:56 AM
Generalizing in a table the opinions of 35 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 concluded:
-  for the period of 1-5 December, the EUR/USD pair is expected to have a sideways trend with quite high probability of falling to 1.2350;
-  the battles of the bulls and the bears seem to be slowing down ahead of Christmas holidays. Thus, GBP/USD will most likely display a sideways movement in the 1.5580-1.5675 range while at the same time the pair may show a downward tendency; 
-  the USD/JPY pair, lacking any obvious trends, doesn’t divert from the general picture either. The main fluctuations will be occurring around the axis of 118.30. With that, at the start of the week a rise to 119.15 is possible, followed by a rebound to 117.60 and even to 117.10; 
-  finally, USD/CHF is still predicted to go up to 0.9700-0.9800 in the medium term. The support is at the level of 0.9620.

Let’s have a look at last week’s forecast:
-  the EUR/USD pair was predicted to have a sideways trend around the level of 1.2400 and a possible fall to 1.2350. In reality, the pair went down to 1.2360 for a short period of time and then continued its sideways movement, finishing the month at practically the same mark as at the beginning of November – 1.2450;
-  as for GBP/USD, a sideways trend was also predicted with strengthening volatility in the corridor of 1.5575-1.5720 in the middle of the week. The forecasts came true concerning the sideways trend and the increased volatility – the pair finished at the same level as it started at the beginning of the week while the peak of the fluctuations of the exchange rate came about on Wednesday-Thursday. However, the experts were mistaken about the boundaries of the corridors – they turned out to be significantly higher at 1.5620-1.5820;
-  the USD/JPY pair demonstrated the promised attempts to conquer 118.75 twice in one week, which happened on Friday. However, since that occurred at the very end of the weekly session, the pair apparently didn’t have enough time for a serious rebound downwards, which we can expect in the next week or two.

Roman Butko, NordFX

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs28.postimg.org%2F3yu7189ml%2FForecast_1_5_Dec_14.png&hash=ddade591ae074becfe421f4767ae5bf6)
Title: Re: GENERALIZED FOREX FORECAST FOR 1-5 DECEMBER 2014
Post by: forexfish on December 02, 2014, 11:35:07 AM
Generalizing in a table the opinions of 35 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 concluded:
-  for the period of 1-5 December, the EUR/USD pair is expected to have a sideways trend with quite high probability of falling to 1.2350;
-  the battles of the bulls and the bears seem to be slowing down ahead of Christmas holidays. Thus, GBP/USD will most likely display a sideways movement in the 1.5580-1.5675 range while at the same time the pair may show a downward tendency; 
-  the USD/JPY pair, lacking any obvious trends, doesn’t divert from the general picture either. The main fluctuations will be occurring around the axis of 118.30. With that, at the start of the week a rise to 119.15 is possible, followed by a rebound to 117.60 and even to 117.10; 
-  finally, USD/CHF is still predicted to go up to 0.9700-0.9800 in the medium term. The support is at the level of 0.9620.

Let’s have a look at last week’s forecast:
-  the EUR/USD pair was predicted to have a sideways trend around the level of 1.2400 and a possible fall to 1.2350. In reality, the pair went down to 1.2360 for a short period of time and then continued its sideways movement, finishing the month at practically the same mark as at the beginning of November – 1.2450;
-  as for GBP/USD, a sideways trend was also predicted with strengthening volatility in the corridor of 1.5575-1.5720 in the middle of the week. The forecasts came true concerning the sideways trend and the increased volatility – the pair finished at the same level as it started at the beginning of the week while the peak of the fluctuations of the exchange rate came about on Wednesday-Thursday. However, the experts were mistaken about the boundaries of the corridors – they turned out to be significantly higher at 1.5620-1.5820;
-  the USD/JPY pair demonstrated the promised attempts to conquer 118.75 twice in one week, which happened on Friday. However, since that occurred at the very end of the weekly session, the pair apparently didn’t have enough time for a serious rebound downwards, which we can expect in the next week or two.

Roman Butko, NordFX

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs28.postimg.org%2F3yu7189ml%2FForecast_1_5_Dec_14.png&hash=ddade591ae074becfe421f4767ae5bf6)

Thanks It would be nice if you able to provide tabular comparison for last week predictions v actuals and caculate variance and provide comments so we can get most out of it.
Title: GENERALIZED FOREX FORECAST FOR 8-12 DECEMBER 2014
Post by: Julia NordFX on December 08, 2014, 08:12:07 PM
Generalizing in a table the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on most different methods of technical and graphical analysis, the following can be predicted:
- 8-12 December, the EUR/USD pair will fall further by approximately 100 points to 1.2200. However, it’s quite possible that this may take up to two weeks. The resistance level is expected to be 1.2375;
- GBP/USD is expected to have a sideways trend with a slight fall to 1.5550 approximately;
- as for the USD/JPY pair, experts continue to wait for the rebound downwards, although now to the level of 120.80. At the same time, the indicators point strictly upwards to the 122.00 mark. So, most probably the pair will be fluctuating in the range of 120.80-122.00;
- the USD/CHF pair is unanimously predicted to rise to the level of April 2013, i.e. 0.9830-0.9850.

As for last week’s forecast:
- there was high probability that EUR/USD would fall to 1.2350, which, in fact, happened already on Wednesday. The pair spent the rest of the week in a sideways trend, still demonstrating a downward tendency;
- the forecast for GBP/USD was a sideways trend in the corridor of 1.5580-1.5675 with quite strong bearish pressure. The outlook was fully confirmed, and the pair spent the last day of the week between 1.5570 and 1.5690;
- throughout the start of the week, the USD/JPY pair was fulfilling the forecast aiming for the 119.15 mark. Further on, however, instead of the predicted rebound, a sharp breakthrough upwards occurred, and the pair ended Friday at 121.45;
- finally, the USD/CHF pair fully justified the expectations by reaching the promised level of 0.9800. The support level of 0.9620 was also predicted correctly – by rebounding from this bottom level, the pair shot upwards.

Roman Butko, NordFX

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs28.postimg.org%2F4hswf1d19%2FForecast_8_12_Dec_14.png&hash=9e4e705dd1aa1b1b9263306c8a962f43)

Title: New account type at NordFX
Post by: Julia NordFX on December 15, 2014, 12:03:28 PM
NordFX Expands Its Range of Account Types

NordFX is pleased to announce the introduction of a new account type – Account 1:1000.

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. In Accounts 1:1000 you’ll find flexible and advantageous trading conditions:


NordFX always puts a priority on expanding the range of its services on the Forex market and providing its clients with new opportunities to secure profits. Open an Account 1:1000 with NordFX and maximize your gains!
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on December 24, 2014, 03:19:35 PM
Please review the schedule of trading sessions for the Christmas and New Year holidays below.
From 00:00 24.12.2014 to Monday’s opening 05.01.2015, margin call and stop out levels will be increased up to 100% for “Micro,” “Account 1:1000,”“Standard,” “Welcome!” and “ZuluTrade” accounts. In the absence of stable market liquidity, NordFX reserves the right to increase the spreads for the financial instruments on the quotation lists of “Micro”, “Account 1:1000” and “Welcome!” accounts, or to stop quoting on specific currency pairs (for any type of account) until the market situation is back to normal.

We’d like to remind you that low liquidity and unpredictable market movements characterize the holiday period. Therefore, NordFX recommends providing sufficient margin for positions that may remain open during the holidays, to prevent automatic liquidation of positions at an undesirable price.

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs7.postimg.org%2Ft1gmnuz8b%2FXmas_table.png&hash=d01ad37a0fcc960eec399ae4be387437)
Title: GENERALIZED FOREX FORECAST FOR 22-26 DECEMBER 2014
Post by: Julia NordFX on December 24, 2014, 03:23:09 PM
Generalizing in a table the opinions of 35 analysts from world top banks and broker companies and forecasts based on various methods of technical and graphical analysis, it can be concluded that… Christmas is round the corner, and so the main currency pairs are likely to stay in a lulling sideways trend before the holidays (unless, of course, something extraordinary happens):
- the EUR/USD pair will oscillate around 1.2270-1.2280, most likely gravitating downwards in an effort to break through the level of 1.2200;
- the same can be said about the GBP/USD pair, whose target will be 1.5530;
- USD/JPY will most probably try to reach the height of 120.00 after all, although in the first half of the week it may fall to 118.50 and even to 117.50;
- finally, USD/CHF will, with high probability, remain in a sideways trend, moving along the level of 0.9800.

As for last week’s forecast, it appears to have come true practically 100%:
- the EUR/USD pair completely followed the predicted trends – first it rose, breaking through the level of 1.2500, and then crashed downwards – first to 1.2375 and then even further down, finishing the week at 1.2225;
- the forecast for GBP/USD also turned out to be correct – the pair continued its sideways movement in the range, the boundaries of which had already been set in November;
- similarly, the behavior of the USD/JPY pair was fully predictable – completing the rebound, it shot upwards, although it didn’t quite reach the set target of 120.65 and finished the week at 119.53;
- finally, the USD/CHF pair’s movements were also quite foreseeable – pushing off from the support level of 0.9575, it made a powerful surge upwards, breaking through the level of 0.9800.

Roman Butko, NordFX

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs23.postimg.org%2Fss2i8u3cb%2FForecast_22_26_Dec_14.png&hash=a2e07e9ddfd803a5cc2531612b305156)
Title: GENERALIZED FOREX FORECAST FOR 5-9 JANUARY 2015
Post by: Julia NordFX on January 05, 2015, 08:13:53 PM
Generalizing in a table the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be said:
- despite most indicators showing a further fall of the EUR/USD and GBP/USD pairs, analysts are inclined towards a more probable sideways trend with a rebound upwards at the beginning of the week. Certain key indicators also point towards overselling and strong volatility;
- there’s rare unanimity regarding the USD/JPY pair – upwards and only upwards to the height of 121.00 and even further up;
- the USD/CHF pair is very likely to try and secure its position above the key mark of 1.0000, while strong fluctuations are not expected.

It is said that New Year is a time of surprises. It turns out that it’s not only Santa Claus who brings them but also… Forex. As for last week’s forecast:
- at the start of the week, EUR/USD tried to follow our forecast and, having risen slightly, it began a smooth descent. Then at midnight from 1st to 2nd January, the pair shot off like a high-board diver, demonstrating a spectacular price gap of 50 points, and then continued its rapid decline slowing down only at 1.2000;
- even more impressive was the fall of the British Pound – the GBP/USD pair tumbled downwards by 300 points altogether;
- in spite of a gap, USD/JPY confirmed our forecast almost 100% – first it fell to the level of 118.850 and then went upwards, reaching the height of 120.00 as expected;
- as for USD/CHF, it was sure to reach the symbolic mark of 1.0000 at some point but very few thought it would happen so soon. Indeed, New Year is a time of surprises!

Roman Butko, NordFX


(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs3.postimg.org%2F8epsoy3kj%2FForecast_5_9_Jan_15.png&hash=4dbd81b5c23d6075b2276ce850a0e36f)
Title: GENERALIZED FOREX FORECAST FOR 12-16 JANUARY 2015
Post by: Julia NordFX on January 13, 2015, 09:06:07 PM
Generalizing the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on most different methods of technical and graphical analysis, it becomes clear that there is no sufficient certainty about any of the pairs:
- for instance, almost a third of the analysts forecast growth for EUR/USD. The indicators show 50/50 chances for the upcoming days, though all of them predict a further fall for the pair later on. Thus,  it is quite possible that at the start of the week EUR/USD will still rise to 1.9000, after which it will continue its main trend downwards – to 1.1750 and then further to 1.1650;
- the British Pound may copy the euro – first a rise followed by a drop. At the same time, some analysts believe that GBP/USD, being under bearish pressure, will still remain in the sideways trend;
- everyone expects USD/JPY to return to the range of 120.00-121.00 while the medium-term target is indicated as 121.75;
- the forecast for the USD/CHF pair remains the same as for the previous week – sideways movement along the level of 1.0000.

As for last week’s forecast, New Year’s surprises didn’t finish with the overnight gap of 1-2 January. The scenario was replayed 5 days later, pleasing the bears with another gap, and EUR/USD and GBP/USD continued their rapid fall. As a result, the euro went down to the low of summer 2010, and now the next target is 10-year June mark.

The dollar got stronger against the yen as well. The USD/JPY pair could not reach 121.00 and rolled back down to the level of the middle of December 2014.

Finally, as predicted, USD/CHF got fixed above the key mark of 1.0000 and finished Friday at 1.0140.

Roman Butko, NordFX


(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs4.postimg.org%2F553m6pyyl%2FForecast_12_16_Jan_15.png&hash=814443b3e4e1b0ccfbd1aa1b2d96fe9f)
Title: Binary options at NordFX
Post by: Julia NordFX on January 13, 2015, 09:08:33 PM
It’s time for new and exciting trading opportunities! NordFX is pleased to announce the launch of its Binary Options platform (binary.nordfx.com).
Binary options are both a very simple and high-yielding tool. All you need to do is invest, select an asset and make a prediction whether the price for the asset will go up or down by a certain time (expiry).
Trading binary options with NordFX, you get:
•   Minimal deposit $1 / 1€
•   Easy-to-understand trading principles
•   Potential profits known as you open a position
•   6 types of options: Binary Options, One Touch, 60 Seconds, Pairs, Long Term, Ladder
•   A wide range of trading assets: currencies, stocks, commodities and indices
•   Newsfeed to be updated on all key market events and make educated decisions
High returns, ease of use, controlled risks set binary options apart and make them an excellent and quite safe way to enter the financial market for the first time.
NordFX stays true to its priority to offer you the best and the latest on the market, and we trust that with our binary options platform your trading will become ever more engaging, diverse and profitable.
Sign up and enjoy quick and easy returns!
Title: Re: NordFX - questions, comments, etc.
Post by: rodneyp on January 14, 2015, 12:25:30 AM
I have allways been sceptical of forex brokers moving into binary options, it really taints the image of the brokerage. Forex trading is not a game whereas binary options trading pretty much is.

Come in spinner !!!
Title: Re: NordFX - questions, comments, etc.
Post by: trevor.1975 on January 14, 2015, 02:49:19 PM
I thought you guys were Scandinavian? I was going to open an account, Swedes are good folks, but the contact info is Mauritius, China, India and Russia.

Bummer.
Title: Re: Binary options at NordFX
Post by: rodneyp on January 14, 2015, 10:36:33 PM
It’s time for new and exciting trading opportunities! NordFX is pleased to announce the launch of its Binary Options platform (binary.nordfx.com).
Binary options are both a very simple and high-yielding tool. All you need to do is invest, select an asset and make a prediction whether the price for the asset will go up or down by a certain time (expiry).
Trading binary options with NordFX, you get:
•   Minimal deposit $1 / 1€
•   Easy-to-understand trading principles
•   Potential profits known as you open a position
•   6 types of options: Binary Options, One Touch, 60 Seconds, Pairs, Long Term, Ladder
•   A wide range of trading assets: currencies, stocks, commodities and indices
•   Newsfeed to be updated on all key market events and make educated decisions
High returns, ease of use, controlled risks set binary options apart and make them an excellent and quite safe way to enter the financial market for the first time.
NordFX stays true to its priority to offer you the best and the latest on the market, and we trust that with our binary options platform your trading will become ever more engaging, diverse and profitable.
Sign up and enjoy quick and easy returns!

Im sorry but I have to laugh at the statement "sign up and enjoy quick and easy returns".

Remind me again who you were regulated by?
Title: GENERALIZED FOREX FORECAST FOR 19-23 JANUARY 2015
Post by: Julia NordFX on January 19, 2015, 01:20:52 PM
After summing up the opinions of 35 analysts from world leading banks and broker companies and forecasts based on different methods of technical and graphical analysis, it’s become clear that many experts are at a loss, and the graphical analysis provides contradictory readings. However:
- EUR/USD is an exception. The overwhelming assessment of its future is that the pair will continue to fall to the level of 1.1400 and in case of breaking it even further to 1.1200. After that, EUR/USD may actually bounce up to 1.1785-1.800;
- despite bearish pressure, GBP/USD will stay in the sideways trend. The most probable fluctuation range is 1.5020-1.5250;
- USD/JPY is also in the sideways trend under bearish pressure. It’s predicted to go down to 115.20-116.00, with a possible rise just to 118.75. The graphical analysis shows that by the end of this week or next week the pair may return to an upward trend moving to the previous target of 121.75;
-  it is difficult to make any forecast for USD/CHF at this time – the market is at a loss, although for the most part the pair is expected to go down.

As for last week’s forecast, the New Year's surprises were not limited to the two gaps of early January. Last Thursday the Bank of Switzerland played Santa Claus (albeit belatedly) and as a ‘gift’ suddenly removed the bottom trade boundary for USD/CHF. Even analysts from the largest banks did not expect this at all. As a result, all the predictions for USD/CHF made before 15 January become invalid.

This milestone event could not but affect other currencies. For example, the forecast for EUR/USD was that it would fall to 1.1650 by the end of the week. In fact, another 200 points have to be added to this, thanks to the Bank of Switzerland. As a result, on Friday the pair crashed below the level of 1.1460.

The GBP/USD pair, however, demonstrated impressive resistance to stress. We predicted a sideways trend for it, which was confirmed 100%. The pair finished trading at the same level as at the beginning of the week.

Roman Butko, NordFX


(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs22.postimg.org%2Fmuyq8qppt%2FForecast_19_23_Jan_15.png&hash=4dc364a1be036cff6b77b5866f21dc8a)
Title: Re: Binary options at NordFX
Post by: Julia NordFX on January 21, 2015, 07:06:09 PM
It’s time for new and exciting trading opportunities! NordFX is pleased to announce the launch of its Binary Options platform (binary.nordfx.com).
Binary options are both a very simple and high-yielding tool. All you need to do is invest, select an asset and make a prediction whether the price for the asset will go up or down by a certain time (expiry).
Trading binary options with NordFX, you get:
•   Minimal deposit $1 / 1€
•   Easy-to-understand trading principles
•   Potential profits known as you open a position
•   6 types of options: Binary Options, One Touch, 60 Seconds, Pairs, Long Term, Ladder
•   A wide range of trading assets: currencies, stocks, commodities and indices
•   Newsfeed to be updated on all key market events and make educated decisions
High returns, ease of use, controlled risks set binary options apart and make them an excellent and quite safe way to enter the financial market for the first time.
NordFX stays true to its priority to offer you the best and the latest on the market, and we trust that with our binary options platform your trading will become ever more engaging, diverse and profitable.
Sign up and enjoy quick and easy returns!

Im sorry but I have to laugh at the statement "sign up and enjoy quick and easy returns".

Remind me again who you were regulated by?

Hello, rodneyp
Well life is a strange thing sometimes....when someone is laughing other one is making profit  ;D
As for our regulation question please visit our website www.nordfx.com (http://www.nordfx.com) and find out all the information you need to make your decision!
Have a nice day and many profitable trades!
Title: Generalized Forex Forecast for 26-30 January 2015
Post by: Julia NordFX on January 26, 2015, 11:39:42 AM
Generalizing in a table the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be expected:
- before returning to its main trend and continuing towards 1.1100, EUR/USD may go up to the level of 1.1380-1.1460;
- GBP/USD, also under bearish pressure overall, may at first rise to 1.5065 and then continue its fall to 1.4900;
- USD/JPY is expected to mirror the movements of its counterparts – after a fall it will rebound from 113.50 and rush up to its nearest target of 119.00;
- after surviving the recent shock, USD/CHF can be expected to continue its sideways trend with a rise to 0.8910-0.9000 and then a decrease to 0.8350.

As for the last week’s forecast:
- ECB President Mario Draghi met our expectations and helped our forecast for EUR/USD to fulfil to the tee. After his speech, the Euro swiftly broke through 1.1400 and, as was predicted, finished the week near 1.1200;
- following the Euro, GBP/USD succumbed to Mr. Draghi’s charms which resulted in the level of 1.5020, predicted to be the lower boundary, reversing direction and becoming the upper boundary of the corridor;
- the forecast for USD/JPY was confirmed 100% –  the pair was in a sideways trend, then reached the predicted mark of 118.75 and returned to 117.70, the level of the beginning of the week;
- it turns out that no prediction can also be a prediction, which was backed up by the USD/CHF pair. Along with the analysts, we refused to make any suggestions regarding its fluctuations last week. Apparently, in sync with our doubts, the pair decided not to leave the rigid boundaries of its sideways trend throughout the whole week.

Roman Butko, NordFX

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs2.postimg.org%2Fxoncpnqi1%2FForecast_26_30_Jan_15.png&hash=6ffa576ff2509924e749ea74d83f2363)
Title: Generalized Forex Forecast for 2-6 February 2015
Post by: Julia NordFX on February 03, 2015, 06:09:00 PM
Generalizing in a table the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be expected:
- EUR/USD will continue its downward tendency to the 1.1100 mark, although the opinions of analysts were divided almost equally: a third predict growth for the pair, a third – its fall and a third – a sideways trend;
- the situation with GBP/USD is similar while bearish tendencies look more convincing in this case;
- there is no consensus about the USD/JPY pair this week either among analysts or among indicators, something that happens very rarely. Here the choice is between a sideways movement and the pair’s long-time tendency towards the range of 119.00-121.00, which it is very likely to reach after all;
- both analysts and indicators predict USD/CHF to return to the level of last autumn, with strong volatility too, intraday fluctuations reaching 150 and even 200 points.

As for the last week’s forecast:
- we predicted EUR/USD to fall to 1.1100 and possibly go up to 1.1380-1.1460. It did happen, just in the reverse order – first the pair slipped down to the 1.1094 mark, rebounded to 1.1420, then calmed down and entered a sideways trend with the upper boundary of 1.1380;
- as predicted for the start of the week, GBP/USD rebounded upwards and way more than expected.  As a result, another attempt by the pair to fall to the low of 1.4900 failed and the pair was thrown off to the level of the beginning of the week – 1.4986;
- as anticipated, the USD/JPY pair tried to reach its nearest target of 119.00 but weakened at the level of 118.66, took a break and entered a sideways trend;
- USD/CHF was set on partially winning back its Black Thursday losses – it rushed upwards and quickly achieved the predicted level of 0.9000, stayed there for three days and then dashed even higher, soaring up by almost 300 points and reaching the 0.9285 mark by Friday.

Roman Butko, NordFX



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Title: Generalized Forex Forecast for 2-6 March 2015
Post by: Julia NordFX on March 04, 2015, 09:26:18 PM
Generalizing  the  opinions  of  35  analysts  from  world  leading  banks  and  broker companies and forecasts based on various methods of technical and graphical analysis, it can be noted that this week, just like last week, the sideways trend will be dominating for all four pairs:
- the corridor of 1.1170-1.1310 is most probable for the EUR/USD pair, although technical analysis indications are still contradictory. A number indicators point to bearish trends while some others show the opposite – the pair’s upward drive to 1.1450-1.1500;
- the GBP/USD pair is predicted to fall to the level of 1.5000 and then further to 1.4810 during March. Short-term, the pair may rise and make another attempt to break through the strong level of support around 1.5550;
- this week the target for USD/JPY remains the same – 120.50. Strong support is around 118.50, the second support being 117.50;
- the plan for USD/CHF is as follows: getting up to 0.9735 step by step, then a sharp rebound downwards to around 0.9375 and further to 0.9280. However, the realisation of this scenario may stretch out over several weeks.

As for last week’s forecast:
- as predicted, in the first half of the week, EUR/USD stayed in a sideways trend. Then on Thursday, on the news from the USA, it fell sharply and so didn’t meet the expectations of many analysts (including ours);
- GBP/USD was also expected to move sideways in the range of 1.5340-1.5500. By mid-week, the pair tried to break through the top boundary, reached 1.5550 but the very same news from the USA quickly returned it to the centre of the corridor specified by us;
- according to our “plan,” USD/JPY was supposed stay in a sideways trend all week long, demonstrating a consistent drive to reach 120.50, which happened, except that the target turned out to be even more modest – 119.80;
- finally the USD/CHF pair. The forecast of its attempts to reach the 0.9555 mark was confirmed 100%.

Roman Butko, NordFX


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Title: Generalized Forex Forecast for 9-13 March 2015
Post by: Julia NordFX on March 09, 2015, 04:12:49 PM
Looking at what has been happening on the currency markets for the past few weeks, we get the impression that soon our screens will show EUR/USD/CHF = 1.0000.
In the meantime, generalizing the opinions of 35 analysts from world leading banks and broker companies and forecasts based on different methods of technical and graphical analysis, we can note that... analysts are simply perplexed: 25% support growth, 25% support a fall and 50% are just at a loss. Therefore, in our forecast for the coming week, we will primarily focus on the indicators and secondly on our own logic and intuition:
- for the EUR/USD pair, the corridor 1.0760-1.1225 is most probable, with prevailing bearish trends and the pair’s downward tendency to the level of 1.0700;
- GBP/USD may rebound to around 1.5225 at the start of the week, followed by a fall all the way down to 1.4910;
- the USD/JPY pair is likely to rise to the last week’s high of 121.27 and further to the range of 121.80-122.50. Its support will be at 119.50-119.80;
- the previous plan for USD/CHF stands – moving step by step up towards the symbolic level of 1.0000. The only thing that we can predict is that the movement will be smoother than last week.

As for last week’s forecast, it turned out to be quite modest:
- as predicted, the EUR/USD pair spent the first half of the week in a sideways trend but then, thanks to the ECB’s actions and reports from the USA, the pair easily broke through the lower boundary of the range and went down sharply, proving that indicators could be much more accurate than the deliberations of high-browed analysts. (Remember that 83% of indicators pointed towards the fall of the pair while only 32% of analysts were of this opinion.);
- we predicted that GBP/USD would fall to 1.5000 and then further to 1.4810 during March. But over the past week, the pair completed a massive part of the set task at a record-breaking pace and was short of 1.5000 by a mere 30 points;
- last week, USD/JPY was predicted to go up to the level of 120.50. It did happen as a matter of fact – the pair completed the weekly session at 120.81. Yet, just a few hours before that the pair had reached 121.27 and only after that it returned to the specified level;
- the USD/CHF pair also easily beat the target. It was predicted to advance smoothly up to 0.9735 but actually it briskly rose at an angel of almost 45 degrees and made it to 0.9854, exceeding the set target by 120 points.

Roman Butko, NordFX


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Title: Generalized Forex Forecast for 16-20 March 2015
Post by: Julia NordFX on March 17, 2015, 02:56:40 PM
Upon generalizing the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, it appears that analysts are still at a complete loss, not quite sure what to expect from the market. Unlike the analysts, indicators and our own intuition send pretty clear signals regarding the upcoming week:
- EUR/USD is a very short distance away from the coveted mark of 1.0000, which the pair will try to reach in the nearest future. With this, considering the medium term perspective, analysts come out of their stupor and almost unanimously predict a rebound upwards to 1.1000-1.1200 over the next few weeks;
- as for the GBP/USD pair, the proud Brit can be expected to unwillingly follow the sinking “Titanic”, i.e. the Euro;
- the USD/JPY pair will try to break out of its sideways trend and rise from the range of 120.90-121.65 to the level of 121.50-122.50. The pair may actually reach its next target 123.00 rather quickly. The main support will be around 120.65-120.80;
- the plan for USD/CHF remains the same – upwards to 1.0250, in hopes to fully compensate for the losses of January’s “Black Thursday”.

As for last week’s forecast, my gut feeling was right. Seven days ago, EUR/USD and USD/CHF were predicted to level off around 1.0000. Here are the outcomes:
- EUR/USD fell by 400 points and made it halfway to the target. Just as much remains till the ultimate target;
- the USD/CHF pair actually exceeded expectations and reached 1.01250 on Thursday;
- sticking to the forecast overall, GBP/USD also exceeded the week’s plan. As predicted, it shot up by 100 points on Monday, then rolled downwards and by Thursday reached 1.4910, the mark forecast earlier. Further, the pair rebounded by another 100 points and fell to the level of 1.4750;
- USD/JPY was expected to rise to around 121.80-122.50, which is what happened – the pair got to the landmark of 122.00 and then entered a sideways trend in the corridor of 120.90-121.65.

Roman Butko, NordFX

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Title: Re: NordFX - questions, comments, etc.
Post by: peleus on April 11, 2015, 06:31:54 PM
Looking closely at GBP, looks like it might be a good one next week to trade here. (https://imagicon.info/cat/3-9/1.gif)
Title: Generalized Forex Forecast for 23-27 March 2015
Post by: Julia NordFX on March 24, 2015, 06:04:22 PM
Summing up in a table the opinions of 35 analysts from world leading banks and broker companies and forecasts based on different methods of technical and graphical analysis, we had to introduce some changes. If you look at the analysts’ opinions row in the table, along with the symbols of upward, sideways and downward trends, you will find a new one – open hands. As you can imagine, this indicates those analysts who are at a total loss and don’t know what to say. This group is quite large (around 30%) but there are still a few desperate predictors whose opinions we take into account when compiling our forecasts. Therefore:
- despite EUR/USD’s rebound last week, the pair’s main trend of the last few months remains as is – down to 1.0000. (By the way, the downstream channel with all possible fluctuations is very clear on the H4 chart). The short-term upward trend may continue all the way to 1.0915-1.1040 at the start of the week, after which everything should return to normal;
- the GBP/USD pair is expected to fluctuate again just like EUR/USD while at the same time moving in a sideways corridor between 1.4700 and 1.5000 under bearish influence;
- unlike the Brit, the USD/JPY pair will, on the contrary, strive upwards and try to regain last week’s losses, the nearest target being 121.20. With this, neither the indicators nor the analysts rule out  that over the first day or two the pair will still continue to fall;
- judging by the indicators, the forecast for USD/CHF is as follows: at first (but not for long) strictly downwards and then strictly upwards, back to the coveted mark of 1.0000. Considering that the transfer of Friday’s indications to Monday is not that wise, it is possible that the pair will turn around and move upwards straight away, from the first tick. The analysts in general support this.

As for last week’s forecast:
- the analysts’ predictions for EUR/USD’s tendency turned out to be right. They forecast that the pair would rebound upwards to 1.1000-1.1200. Truth be told, the pair didn’t reach this level after all, although at its peak the rebound made almost 600 points;
- regarding the GBP/USD pair, we predicted that the proud Brit will continue to trail the Euro. Just have a look at last week’s charts;   
- the USD/JPY pair didn’t meet our expectations. As predicted, the first half of the week it stayed in a lulling sideways trend within the narrow range of 121.140-121.50 but on Wednesday evening’s news, instead of shooting upwards, it plunged breaking through the support around 120.65-120.80;
- as for USD/CHF, if its collapse in January was called “Black Thursday,” the events of last Wednesday can be safely dubbed “Dark Grey Wednesday.” We hope that the heavy clouds will disperse soon and the Swiss Frank will once again see the boundlessly blue Alpine skies.

Roman Butko, NordFX

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Title: DemoCup Stage 3 Results
Post by: Julia NordFX on March 27, 2015, 05:00:56 PM
Warmest congratulations to the finalists and the best wishes for the last step of the contest!

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs13.postimg.org%2Fo3sb2yn5z%2FDemo_Cup_2015_3_ENG.jpg&hash=f7951e45a03e9a399d8b2b7f75908a50)

Date and time of the next contest stage:
Start: 06.04.2015 00:00 (server time)
Finish: 17.04.2015 22:00 (server time)

Feel free to participate in the contest. Good luck in trading! http://contest.nordfx.com/ (http://contest.nordfx.com/)
Title: Autotrading service “Signals”
Post by: Julia NordFX on March 27, 2015, 05:01:48 PM
The autotrading service “Signals” has become even more user-friendly and efficient!

We’d like to call your attention to a series of short videos about copying trading signals via MT4 and MT5:
https://www.youtube.com/playlist?list=PLltlMLQ7OLeLZpxDnCMKz1tBlPcUminCT (https://www.youtube.com/playlist?list=PLltlMLQ7OLeLZpxDnCMKz1tBlPcUminCT)

It’ll take you just a few minutes to see and learn how to select signals and subscribe to them, how to analyze trading performance and evaluate the effectiveness of copied trades.
We’re certain that these videos will make your work on Forex more convenient and profitable.
Title: Best Broker / Forex Trading India Award for NordFX
Post by: Julia NordFX on March 27, 2015, 05:02:48 PM
On 10 March 2015, IAIR Awards held its annual victory ceremony in Hong Kong. NordFX is pleased to have won Best Broker / Forex Trading India.
As the awards accolades put it, “For its leadership in making trading in financial markets more comfortable, convenient, effective and easy. Consistently meeting the strictest standards of financial stability and proper handling and providing its clients with new opportunities to secure profits, NordFX represents an excellent partner for a successful trading.”
India and Southeast Asia as a whole are one of the major areas of focus for NordFX, and we’re grateful to market experts and traders for the recognition. This award will only stir us to work more and better for our customers’ benefit!
Title: NordFX Conquers a New Height – a Million Accounts!
Post by: Julia NordFX on March 27, 2015, 05:03:49 PM
The spring of 2015 has been marked by a milestone event for NordFX – the number of trading accounts in the company has reached 1,000,000!
Thousands of new accounts are registered in NordFX monthly as traders from various parts of the world give their preference to the company, choosing its high standards of quality and reliability.
Regardless of the deposit amount, every NordFX customer receives top-level service and access to the most advanced online trading technology and products on financial markets. A wide selection of trading account types, platforms and instruments, innovative autotrading and signal copying services – all that's required to make trading for both beginners and the experienced not just convenient but also highly profitable. A short while ago, our customers were granted another fantastic opportunity to build up their capital due to the launch of the platform for trading binary options.
Since day one of its existence, the cohesive NordFX team has been doing its best to meet the demands of even the most sophisticated customers, and we’re grateful to all who appreciate our efforts and have chosen NordFX as their trustworthy guide around the world of Forex.
Thank you for joining NordFX!
Title: Equity Down, Oil Prices Up
Post by: Julia NordFX on March 27, 2015, 08:55:40 PM
27/03/2015

Oil prices continue to rise due to the military action started by a coalition of countries in Yemen. This, however, had no bearing on equity rates – world major indices closed in the red yesterday. 

As such in Europe, the British FTSE 100 dropped 1.37 percent down to 6,895.33 points, the German DAX shed 0.18 percent down to 11,843.68 points, and the French CAC 40 fell 0.29 percent finishing the trading session at 5,006.35 points.

Russia’s indices also posted a drop – the MICEX index declined by 1.08 percent down to 1,581.84 points while the RTS index fell 1.52 percent to 868.62 points.

In the USA, the Dow Jones shed 0.23 percent getting to 17,678.23 points, the S&P 500 dropped 0.24 percent to 2,056.15 points, and the NASDAQ fell 0.27 percent down to 4,863.36 points.

The NYMEX price of futures for WTI oil for May rose by $2.07 and made $51.28 a barrel. On London’s ICE, the price of May futures for oil of mark Brent went up by $2.51 and reached $58.99 a barrel.

On the global Forex market, EUR/USD has come to a halt as expected. At this point, it’s better to take a break and not enter the market.

Anna Gorenkova
NordFX Analyst

Title: Generalized Forex Forecast for 30 March - 3 April 2015
Post by: Julia NordFX on March 31, 2015, 08:56:35 PM
Generalizing the opinions of 35 analysts from world leading banks and broker companies and forecasts based on different methods of technical and graphical analysis, we have to mention that, according to the “open hands” symbol in the table, more than a third of the analysts are at a loss. However, the remaining experts are much more unanimous in their predictions than before:
- the forecast for EUR/USD remains the same – downwards trying to reach 1.0000 at least by the end of April. This week the pair may fall to around 1.0600-1.0750 where it will stabilize for some time;
- almost the same can be expected from the British Pound – most analysts predict GBP/USD would fall to 1.4700;
- as for USD/JPY, the forecasts of the analysts and of the indicators are contradictory.  Yet, the pair is very likely to be in a bullish trend and try to conquer 120.50;
- just like last week, the USD/CHF chart may resemble that one of USD/JPY. In any case, all analysts expect USD/CHF to return to 1.0000. However, the forecast for this week is a bit more modest – a rise to 0.9750 or somewhat higher to 0.9800.

As for last week’s forecast:
- when predicting EUR/USD’s behaviour, we didn’t rule out a further short-term upward trend to around 1.0915-1.1040, after which everything was supposed to get back to normal. As expected, the pair quickly went up to 1.1030, entered a sideways trend, remaining strictly in the set bounds, and then predictably returned to the level of the beginning of the week;
- the forecast for GBP/USD was also confirmed – the pair stayed in the sideways corridor under bearish influence all week long;
 - the predicted fall of USD/JPY got prolonged, and the pair started to recover its losses only last Thursday managing to rise just to the average level of February by the end of the week;
- a rare event occurred with the USD/CHF weekly chart basically repeating the USD/JPY chart, which overall matches the first scenario we suggested – at first the pair moves strictly downwards and then strictly upwards. With this, the upward movement doesn’t look too convincing so far and needs to be upheld this week.

Roman Butko, NordFX

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fs11.postimg.org%2Fozfvi3e37%2FForecast_30_Mar_3_Apr_15.png&hash=f4be96f9a2082cbce48daa613939c9f3)
Title: Euro Falls, Indices Go Up
Post by: Julia NordFX on March 31, 2015, 09:00:00 PM
31.03.2015  07:00 GMT

Yesterday the world’s equity markets closed on the rise. In Europe, Britain’s FTSE 100 grew 0.53 percent up to 6,891.43 points, Germany’s DAX advanced 1.83 percent up to 12,086.01 points, and France’s CAC 40 gained 0.98 percent up to 5,083.52 points.

On Russia’s floors, the MICEX index shot up by 2.52 percent making 1,611.22 points, and the RTS index advanced 2.5 percent up to 877.85 points.

In the USA, the Dow Jones grew 1.49 percent up to 17,976.31 points, the S&P 500 added 1.22 percent reaching 2,086.24 points, and the NASDAQ gained 1.15 percent up to 4,947.44 points.

Oil prices, however, continued to decline yesterday. The NYMEX price of WTI oil futures for May dropped by $0.19 and got to $48.68 a barrel. On London’s ICE, the price of Brent oil futures for May delivery fell by $0.12 and reached $56.29 a barrel.

On the Forex market, EUR/USD went down a little. Now the pair has quite a decent range for correction: 1.05-1.0960. The current decrease may extend to 1.0640.

Anna Gorenkova
NordFX Analyst

Title: Re: NordFX - questions, comments, etc.
Post by: peleus on April 30, 2015, 01:36:05 PM
Looking ahead to try a micro account here. Wishing myself some luck! (https://imagicon.info/cat/3-9/1.gif)
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 04, 2015, 04:48:26 PM
Generalized Forex Forecast for 4-8 May 2015

First, a few words regarding last week’s forecast:
- the forecast for EUR/USD was fulfilled by exactly 50%. As promised, at the start of the week the pair strived to the top boundary of the corridor, which was defined by the highs of March and April. However, after that, instead of rebounding and going downwards, the pair rushed further upwards and reached the level of February;
- GBP/USD was much more docile – it was rising for the first few days of the week but towards the end, as predicted, it rapidly rolled downwards and finished the five days where it had taken off; 
- USD/JPY was predicted to continue its sideways trend and rise to around 120.80-122.00, which happened with 100% accuracy. The pair’s sideways movement with a 120.28 high is clearly seen on the H4 and D1 charts;
- on the contrary, the analysts’ forecast for USD/CHF turned out to be 100% inaccurate. The pair was expected to mirror the movements of EUR/USD and it did. Precisely due to this, USD/CHF went downwards, reaching the level of February just like EUR/USD. 
***

Now about the forecast for the coming week. Generalizing in a table the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, it can be suggested that:
- the EUR/USD pair will be in a sideways trend with fluctuations in the range of 1.1100-1.1430, although the pair may fall to 1.0800, returning to the low of last week;
- the majority of the analysts think that GBP/USD will also be in a sideways trend in the boundaries from 1.5000 to 1.5300. This forecast is supported by the discordance in the indicator readings;
- like last week, most of the analysts and 82% of the indicators presume that USD/JPY will try to consolidate in the range of 120.00-122.00, the high for the coming five days being at 121.50. On the other hand, 8% of the analysts predict a sharp rebound downwards and a fall to the level of 117.00;
- finally, USD/CHF is most likely to take after EUR/USD, same as last week. If the latter moves downwards, USD/CHF, mirroring EUR/USD, will go upwards to 0.9500. With this, if you calculate the mean maximum and minimum based on all the forecasts, the pair should finish the next week exactly at the same level it had started, i.e. at 0.9335.
Roman Butko, NordFX
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 05, 2015, 05:01:45 PM
05.05.2015  06:40 GMT

A Slight Hike on Markets 


On Monday, the world’s financial markets closed mainly on the rise, with the exception of the commodity market where the price of oil dropped a little.   

In Europe as such, the British FTSE 100 grew 0.36 percent to 6985.95 points on Friday. On Monday, there was no trading on the London exchange due to a holiday. Also on Monday, the German DAX 30 advanced 1.57 percent up to 11,634.34 points, and the French CAC 40 gained 0.84 percent reaching 5,088.82 points.

European investors’ sentiment was influenced by the news about an interim agreement between Greece and its lenders.   

The Russian market was closed for May Day holidays on Monday.

In the USA, the Dow Jones grew 0.26 percent to 18,070.40 points, the S&P 500 gained 0.29 percent up to 2,114.49 points, and the NASDAQ added 0.23 percent getting to 5,016.93 points.

Oil prices, however, posted a slight drop yesterday. The NYMEX price of WTI oil futures for June went down by $0.22 and reached $58.93 a barrel. On London’s ICE, the cost of Brent oil futures for June delivery was down by $0.01 ending up at $66.45 a barrel.

On the Forex market, EUR/USD is returning to the breakthrough point in the double bottom pattern on the daily chart. The pair may start moving up again from 1.0970.

Anna Gorenkova
NordFX Analyst


Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 06, 2015, 11:50:52 AM
06.05.2015  07:30 GMT

Russian Equity Gains Due to Oil Price Rise Over Holidays
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Yesterday world financial markets closed mixed. European indices posted a drop – Britain’s FTSE 100 fell 0.84 percent to 6,927.58 points, Germany’s DAX slumped 2.51 percent down to 11,327.68 points, and France’s CAC 40 dropped 2.12 percent down to 4,974.07 points.

At the same time, Russia’s equity soared up, taking a cue from rising oil prices and ruble strengthening over the holidays. Thus, the MICEX index advanced 1.98 percent up to 1,721.80 points while the RTS index shot up by 4.24 percent altogether and reached 1,072.93 points.

In the USA, the Dow Jones fell 0.79 percent to 17,928.20 points, the S&P 500 shed 1.18 percent down to 2,089.46 points, and the NASDAQ dropped 1.55 percent down to 4,939.33 points.

On the NYMEX, the price of June futures for WTI oil rose by $1.47 and made $60.40 a barrel. On London’s ICE, the June future for oil of mark Brent went up by $1.07 and reached $67.52 a barrel.

Yesterday on the global currency market, the euro gained ground against the dollar. Today EUR/USD continues to go up. In case the chart pattern is completed, the pair can get to 1.14.

Anna Gorenkova
NordFX Analyst
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 08, 2015, 04:20:46 PM
08.05.2015  07:30 GMT

EUR/USD Is Correcting   

Yesterday world financial markets posted mixed results again. In Europe, the FTSE 100 fell 0.67 percent to 6,886.95 points, the DAX grew 0.51 percent to 11,407.97 points while the ??? 40 shed 0.29 percent down to 4,967.22 points.

Russia’s indices went down following oil prices – the MICEX index dropped 1.59 percent to 1,686.98 points, and the RTS index fell 0.51 percent to 1,060.73 points.

In the USA, the Dow Jones added 0.46 percent making 17,924.06 points, the S&P 500 grew 0.38 percent to 2,088 points, and the NASDAQ advanced 0.53 percent up to 4,945.54 points.

Thursday evening oil prices went down. The NYMEX price of WTI oil futures for June dropped by $1.71 and reached $56.59 a barrel. On London’s ICE, the price of the Brent oil future for June was down by $2.03 and got to $65.74 a barrel.   

On the global currency market, EUR/USD was slightly short of the 1.14 target and is experiencing a downward correction. Nonetheless, in case of favorable macroeconomic data, the pair may reach   1.1470.

Anna Gorenkova
NordFX Analyst
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 09, 2015, 07:59:30 PM
GENERALIZED FOREX FORECAST FOR 11 – 15 MAY 2015
«BINGO!” AND BLACK BEARS

As usual, first a few words regarding last week’s forecast:
- for the EUR/USD pair the forecast was fulfilled by no less than 100%. We supposed that the EUR/USD pair would experience a sideways trend and a possible descent to the 1.0800 mark. This is what actually ended up happening, as on Tuesday the pair fell into the 1.0700÷1.0850 zone and stayed there for approximately one hour before determinedly rising in order to finish the week at exactly the same mark as the mark it started  from;
- the GBP/USD pair was strictly abiding by our “guidelines” of a sideways move all week until Thursday evening, maintaining an even narrower range than we originally supposed. However, this was followed by the announcement of the British election results, which surprised not only politicians but also financiers, resulting in the pair soaring up by more than 200 points
- Regarding the USD/JPY pair, the majority of both analysts and indicators asserted that the pair would keep strengthening in the area above 120.00. On the other hand, a rather tight-numbered opposition was foretelling a rapid downwards rebound. The result was that both groups proved to be right, as at the start of the week “bulls” were propping the pair up, not letting it fall below the arranged 120.00 line. However, they then weakened and passed on their influence to the “bears”. Zoologists claim that Japanese black bears prefer steep mountainous terrain, which, judging by the way the pair impetuously descended, is hard to disagree with. However, by the end of the week, the pair once again climbed upwards, returning to the 119.70 point, which it has been fluctuating about since the end of March.
- The USD/CHF forecast maintained that the pair would continue following in the wake of EUR/USD, acting as a mirror image of its “older sister”. Therefore, , looking at last week’s charts we can now shout “Bingo!”, since the forecast proved to be 100% accurate.
***
Now on to the forecast for the upcoming week. Aggregating the opinions of 35 analysts from the world’s leading banks and brokerage firms, as well as forecasts, which were based on an extremely diverse range of technical and graphical analytical methods, we can presume that:
- The EUR/USD pair will most likely continue occupying a sideways trend with fluctuations about the 1.1230 mark. At the very least, this is the conclusion we arrived at after looking at the neat split between expert opinions: ? - 22%, ? - 3%, ?- 19%, ? (raised hands) – 56%. A similar situation occurs with indicator showings: ? - 35%, ? - 17%, ?- 48%. The main levels of support 1.1060, 1.0850 and 1.0650, whilst the main levels of resistance are 1.1290 and 1.1440;
- For the GBP/USD pair an absolute majority of indicators (87%. ) on both H4 and D1 foretell growth. Analysts’ opinions, however, diverge (? - 25%, ? - 9%, ?- 22%, ? – 44%. ). Since the pair has already reached quite a high level of 1.5600, there exists a significant probability that the pair will attempt to barge through the resistance and settle in the 1.5475÷1.5785 zone. However, a failure to do so and an ensuing descent to the 1.5000 support level can also be predicted with a similarly high probability.
- As for the USD/JPY pair, expert opinions and indicator predictions also diverge (experts: ? - 7%, ? - 22%, ?- 26%, ? – 45%, indicators: ? - 60%, ? - 17%, ?- 23%. ). However, both are satisfied with a Pivot Point level of 119.70, support at the 119.20, 188.75 and 119.20 levels and resistance at 120.05, 120.30 ? 120.85;
- Regarding the near future of the USD/CHF pair, however, both analysts and indicators are in harmony: more than 75% of the former and 56% of the latter agree that the pair should rise and settle in the 0.9300÷0.9400 corridor. The next support level is 0.9190 and the next resistance level is 0.9500.

Roman Butko, NordFX
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 13, 2015, 12:14:21 PM
13.05.2015   08:10 GMT

Drop in European Equity Due to Greek Situation

Yesterday world financial markets closed mixed. In particular, European stock markets slumped following the interim meeting of the Eurogroup and the Greek government. According to media reports, both parties still couldn’t reach an agreement on key issues. In this light, the FTSE 100 fell 1.37 percent to 6,933.80 points, the DAX dropped 1.72 percent to 11,472.41 points, and the CAC 40 shed 1.06 percent down to 4,974.65 points.

On Russia’s stock market, the MICEX index fell 0.23 percent to 1,704.62 points whereas the RTS index grew 1.01 percent finishing the trading session at 1,070.19 points.

In the USA, the Dow Jones declined by 0.2 percent to 18,068.23 points, the S&P 500 shed 0.29 percent down to 2,099.12 points, and the NASDAQ fell 0.35 percent down 4,976.19 points.

Oil prices posted a rise, however. On the NYMEX, the price of WTI oil futures for June went up by $1.5 and made $60.75 a barrel. On London’s ICE, the Brent oil future for June rose by $1.95 and reached $66.86 a barrel.

On the Forex market, EUR/USD is experiencing some correction at this point. Nevertheless, the prospects of moving up to 1.1470 still remain.

Anna Gorenkova
NordFX Analyst
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 14, 2015, 01:06:36 PM
14.05.2015  07:40 GMT

Euro Began to Go Up

Yesterday the world’s financial markets closed mainly on the decline. In Europe, the FTSE 100 grew 0.23 percent to 6,949.63 points, the DAX dropped 1.05 percent down to 11,351.46 points, and the CAC 40 fell 0.26 percent to 4,961.86 points.

In Russia, the MICEX index shed 1.31 percent down to 1,682.26 points while the RTS index advanced 1.12 percent up to 1,082.21 points.

In the United States, the Dow Jones fell 0.04 percent to 18,060.49 points, the S&P 500 shed 0.03 percent down to 2,098.48 points whereas the NASDAQ added 0.11 percent making 4,981.69 points.

Oil prices also went down yesterday. The NYMEX price of WTI oil futures for June dropped by $0.25 and reached $60.50 a barrel. On London’s ICE, the cost of Brent oil futures for June delivery was down by $0.05 and made $66.81 a barrel. 

On the Forex market, EUR/USD went up and is moving towards the afore-mentioned target of 1.1470.

Anna Gorenkova
NordFX Analyst
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 17, 2015, 12:08:28 PM
Generalized Forex Forecast for 18-22 May 2015

Let us start with a few words about the forecast for last week, which turned out to be quite accurate overall:
- the prediction for EUR/USD was that most probably the pair would stay in a sideways trend with fluctuations around the line of 1.1230, which did happen in fact. At first, EUR/USD went downwards, then returned to its Pivot Point, after which the bulls gained strength and began to persistently push the pair towards the upper boundary of the corridor. The level of 1.1440 was set as the final bastion of resistance, and the pair tried to break through it all Friday long. However, it failed and finished the five days in this very zone;
- one of the possibilities for GBP/USD was breaking through the resistance level of 1.5600, which was also supported by 87% of the indicators. The breakthrough happened already on Tuesday, and then the pair tried several times to rise above the upper boundary of the corridor – 1.5785. It didn’t succeed, though, and so settled down finishing at 1.5727;
- the Pivot Point for USD/JPY was set at 119.70, which was confirmed – the pair crossed it twice during the week, having stayed exactly in the average values of the specified corridor 118.75-120.30;
- USD/CHF turned out to be the only pair regarding which both analysts and indicators were only partly right. At first, everything seemed to go as planned – the pair began to grow and tried to consolidate above 0.9300. However, on Tuesday, in a powerful spurt, the pair broke through the support line and went down sharply to the low of a week ago.

***
   
Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, we can note the surprising unanimity of the analysts who predict growth for all four pairs. Such forecasts always raise strong suspicions because some of the pairs are generally characterized by multi-directional rather than direct correlation:
- for EUR/USD the opinions of the experts are as follows: ? – 40%, ? – 3%, ? – 6%, ? (at a loss) – 51%. The indicators provide similar readings: ? – 83%, ? – 17%, ? – 0%. However, graphical analysis shows that the pair has almost completed the Inverted Hat pattern and has to form just the second brim of the hat. Thus, it can be assumed that this week EUR/USD will hold in a sideways corridor of 1.1070-1.1530, and, after a small rise, the pair is expected to have a relatively strong rebound downwards;
- the D1 chart clearly shows that GBP/USD has reached the upper boundary of the corridor (1.5800) where it stayed for a month and a half at the end of last year. The pair is very likely to linger in the range of 1.5500-1.5815 for some time again. Therefore, despite the vast majority of the analysts and 91% of the indicators pointing to growth, one can expect prevailing bearish tendencies and the pair’s rebound downwards;
- the opinions of the experts and the readings of the indicators for USD/JPY diverge (the experts: ? – 42%, ? – 3%, ? – 3%, ? – 52%; the indicators: ? – 26%, ? – 4%, ? – 70%). Hence, the level of 119.40, at which the pair finished the previous five days, can be considered as a Pivot Point, and the readings of the indicators on the H1 timeframe and smaller can give further guidance. Support will at 119.20, 118.90, 118.75 and 118.50; resistance – 119.60, 119.90, 120.00 and 120.30;
- as for the near future of USD/CHF, the data for both analysts and indicators are similar to USD/JPY (the experts: ? – 40%, ? – 6%, ? – 4%, ? – 50%; the indicators: ? – 17%, ? – 9%, ? – 74%). At the same time, as USD/CHF is in an inverse correlation with EUR/USD, it may go up at least to around 0.9290-0.9380. In the case this forecast is not fulfilled, the support levels will be 0.9110, 0.9075 and 0.8980, resistance – 0.9500. 

Roman Butko, NordFX
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 18, 2015, 02:08:36 PM
18.05.2015  07:10 GMT

Euro Reached Its Target Level

Last Friday European markets closed in the red whereas Russian and US markets posted a rise.

In Europe, the British FTSE 100 fell 0.18 percent to 6,960.49 points, the German DAX dropped 0.98 percent down to 11,447.03 points, and the French CAC 40 shed 0.71 percent down to 4,993.82 points.

In Russia, due to corporate reports and strengthening of the ruble, the MICEX index grew 0.8 percent to 1,691.05 points, and the RTS index gained 0.86 percent going up to 1,063.94 points.

In the USA, the Dow Jones added 0.11 percent making 18,272.56 points, the S&P 500 grew 0.08 up to 2,122.73 points while the NASDAQ fell 0.05 percent to 5,048.29 points.

The NYMEX price of WTI oil futures for June dropped by $0.19 and got to $59.69 a barrel. On London’s ICE, the June future for oil of mark Brent went up by $0.11 and made $66.81 a barrel.

On the global currency market, EUR/USD has almost reached the earlier mentioned target of 1.1470 (just short of a couple of points). Now the pair is facing quite a big obstacle – the long-term MA on the daily chart and horizontal resistance at 1.1476. The pair may experience a considerable correction here and even roll back to 1.12.

Anna Gorenkova
NordFX Analyst

Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 19, 2015, 12:49:55 PM
19.05.2015  08:20 GMT

EUR/USD Reached 1.12 Rate

Yesterday world financial markets closed mixed. In Europe as such, the British FTSE 100 grew 0.12 percent to 6,968.87 points, the German DAX advanced 1.29 percent up to 11,594.28 points, and the French CAC 40 gained 0.37 percent up to 5,012.31 points.

On the Russian floors, the MICEX index fell 0.76 percent to 1,678.55 points whereas the RTS index posted a slight rise of 0.07 percent making 1,075.47 points.

In the USA, the Dow Jones grew 0.14 percent to 18,298.88 points, the S&P 500 added 0.3 percent reaching 2,129.20 points, and the NASDAQ picked up 0.6 percent getting to 5,078.44 points.

On the NYMEX, the cost of June futures for WTI oil went down by $0.26 and made $59.43 a barrel. On London’s ICE, the price of Brent oil futures for June was down by $0.54 and reached $66.27 a barrel.

Yesterday on the Forex market, EUR/USD started to pull back from the daily MA and reached 1.12 today.

Anna Gorenkova
NordFX Analyst
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 24, 2015, 10:04:53 AM
Generalized Forex Forecast for 25-29 May 2015


First, a few words about the forecast for the past week. We then regarded with suspicion the analysts’ opinions that unanimously predicted growth for all four pairs, and our doubts were justified: 
- taking into account graphical analysis and an almost complete Inverted Hat pattern, it was suggested that on drawing the second brim of the hat, EUR/USD would  sharply go downwards to 1.1070, which happened in fact;
- the forecast for GBP/USD was also fulfilled 100%. The pair predictably bounced off the upper boundary of the corridor and finished near the corridor’s lowest mark – 1.5500;
- over the last few months it was often said that USD/JPY would try to reach the height of 122.00. However, all that time the pair couldn’t pass the level of 120.50. Finally, the long awaited breakthrough happened, and the pair almost reached the coveted peak, finishing the week at 121.55;
- considering USD/CHF movements, we predicted a rise to at least 0.9290-0.9380. The pair quickly completed the set task and between Tuesday and Friday it remained in this corridor. Only at the end of the week did the pair move further up, taking after the US Consumer Price Index.

***

Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be said:
- it very well may be that EUR/USD’s story with the second brim of the Inverted Hat isn’t over yet. Judging by the experts’ opinions (? – 42%, ? – 6%, ? – 52%), it can’t be ruled out that the pair will go up, although almost all the indicators point towards its fall (?– 9%, ? – 9%, ? – 82%). The level of 1.1000 may become a very strong support for the pair, from which it will move upwards. If the pair manages to overcome the resistance around 1.1110, it will enter into a sideways trend of 1.1110-1.1400 and continue to draw the hat pattern. On the other hand, if the indicators are right and EUR/USD, having broken through the support at 1.1000, goes down, it may reach the zone of 1.0660-1.0800;
- GBP/USD also appears to have reached a strong support level of 1.5500. The analysts each have their own opinion (? – 38%, ? – 32%, ? – 30%), so do the indicators – on the H4 timeframe the consensus is for a downward movement, on D1 – for a rise. Thus, we’ll venture to suggest that in the next few days the pair will be fluctuating in the 1.5500-1.5800 range;
- the opinions of the experts also diverge regarding the future of the USD/JPY pair (? – 38%, ? – 12%, ? – 50%). The indicators, however, are clearly on the side of the bulls (? – 91%, ? – 9%, ? – 0%), which most probably will rely on the support of 120.70 and push the pair up to 122.00. The second strong support level will be 120.20;
- a strong inverse correlation between USD/CHF and EUR/USD has been mentioned  repeatedly in the forecasts, which is why there are two possible scenarios for USD/CHF: the first is a rise to a very strong resistance level of 0.9500 followed by a rebound downwards; the second is a fall starting already on Monday. In this case, support will be at the levels of 0.9370 (weak) and 0.9300 (main).

Roman Butko, NordFX
Title: Re: NordFX - questions, comments, etc.
Post by: Julia NordFX on May 31, 2015, 11:53:57 AM
Generalized Forex Forecast for 1-5 June 2015


Let us start with a review of the forecast for the previous week:
- two scenarios were suggested for EUR/USD. One of them, supported by 52% of the analysts and 82% of the indicators, came true – the pair broke through the strong support at 1.1000, reached the zone of 1.0800 and, after a rebound, on Friday returned to where it had started – the level of 1.1000, which has now changed from support to resistance;
- there was total discord regarding GBP/USD among both analysts and indicators last week. Yet this pair also behaved decisively by immediately breaking through the strongest support at 1.5500 and running stepwise to the level below – the next support around 1.5300;
- the forecast for USD/JPY was fulfilled and even exceeded expectations. The pair was predicted to go up to 122.00 while it actually managed to rise above 124.00, reaching the high of July 2007;
- the behavior of USD/CHF has become very predictable lately – a strong mirror correlation with EUR/USD. Something similar took place last week – USD/CHF was expected to rise to a very strong resistance level of 0.9500 followed by a rebound downwards, which did happen.

Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be said:
- the majority of experts (? – 69%, ? – 12%, ? – 19%) predict a steady rise for the EUR/USD pair. The technical indicators on the H4 timeframe concur. Yet on D1 they show the opposite – a downward movement. Furthermore, the systems of graphical analysis clearly draw a rebound downwards from the strong level of resistance 1.1000 to at least last week’s support around 1.0800. In fact, this appears to be a most likely scenario;
- there’s a real clash between the analysts and the indicators regarding the forecast for GBP/USD.  Most of the former are for a rise (? – 61%, ? – 15%, ? – 24%) whereas the latter predict a fall (? – 17%, ? – 8%, ? – 75%). Considering that last week, contrary to the expectations, instead of rebounding off the support of 1.5500, GBP/USD broke through it, the pair can be expected to hold out in the range of 1.5250-1.5500 for at least a week this time. Already on Monday or Tuesday it should be clear whether the pair will take a timeout or continue its fall to 1.5000;
- both experts (? – 57%, ? – 14%, ? – 29%) and indicators (? – 78%, ? – 18%, ? – 4%) foretell USD/JPY to rise further to the next symbolic high of 126.00, which the pair reached last all of 15 years ago. This historic charge may turn out not so easy to execute, and the pair may have to keep charging, pushing off the support in the area of 123.20-123.60;
- yet again, there is nothing original for USD/CHF – an inverse correlation with EUR/USD and no independent escapades. The most probable scenario is a rebound from 0.9400 to 0.9540. Or alternatively, a fall to 0.9280.

Roman Butko, NordFX
Title: Re: NordFX - questions, comments, etc.
Post by: peleus on September 23, 2015, 05:49:56 PM
Looking ahead to try this one out to see for myself. Starting with a Micro account and all but optimistic for now. (https://imagicon.info/cat/3-9/1.gif)
Title: Re: NordFX - questions, comments, etc.
Post by: pipkiller on October 07, 2015, 06:22:03 PM
Quote from: peleus link=msg=347114 date=1443026996

Looking ahead to try this one out to see for myself. Starting with a Micro account and all but optimistic for now. (https://imagicon.info/cat/3-9/1.gif)


I have the same and I used skrill for deposits/withdrawal. Maximum 1 day delay, so I def recommend.
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on March 05, 2018, 09:53:13 AM
Forex Forecast and Cryptocurrencies Forecast for 05 – 09 March, 2018


First, a review of last week’s forecast:

- EUR/USD. Recall that almost 70% of experts, supported by an overwhelming majority of indicators, expected the pair to continue falling, naming the vicinity of 1.2165 as one of the targets. They were right - on 1 March, the pair found a local bottom at 1.2155. But then, thanks to the statements of the new Fed Chair, Jerome Powell, and US President Donald Trump, the dollar began to lose its hard-won positions. Trump's words about the intention to introduce import duties on steel and aluminium led to some talking about a new trade war, especially after the sharp and prompt reaction by the Head of the European Commission. As a result, the pair soared by 170 points and completed the week at 1.2320;     

- As for GBP/USD, analysts' opinions split exactly halfway: 50% voted for the growth of the pair, and 50% for its fall. (In the medium term, the number of bears' supporters increased to 70%). The last forecast was absolutely correct, and the pair dropped to 1.3710. After that, there was a rebound, and it froze at 1.3797;

- USD/JPY. 30% of analysts, considering the breakdown of the lower line of the mid-term side corridor 108.00-114.75 false, expected the pair to rise above 107.80. Starting on Monday, the pair did indeed go up, quickly reaching the height of 107.67. However, a U-turn followed and, as though under the orders of the expert majority (70%), the pair tested support at 105.54 and completed the week 20 points higher;

- We now move to cryptocurrencies. With a standard leeway, the trends and goals of Bitcoin - the driver of the cryptocurrency market - were correctly determined. As expected, BTC/USD continued to move near the $10,000 horizon. The forecast assumed a decline of this pair to 8,400-9,040 at the beginning of the week (the reality was 9,253), after which it was expected to turn and return to 9,900-11,000 (the reality was 11,160).
As for the other cryptocurrency pairs NordFX serves, they enjoyed a relatively calm weak. The range of fluctuations for XRP/USD, for example, was just $0.15 compared to $0.35 a week earlier.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- Almost 60% of experts are confident that a trade war is imminent, and that the dollar will therefore continue its decline. This means EUR/USD will go up at least to the highs of this year’s January-February at 1.2500-1.2555 in the next couple of weeks. The nearest resistance is 1.2400.
Graphical analysis on D1 is even more resolute. According to its forecast, the pair’s northwards hike may even take it to the highs of spring-summer 2013 at 1.2755.
As for the oscillators, they are set to buy on H4, but remain bearish on D1. It should be noted that the number of supporters of the fall of the pair increases from 40% to 55% among experts in the medium term.
We must also consider that at the time of writing the results of the parliamentary elections in Italy - an event that could seriously affect the European currency - are not yet known. One should also pay attention to the results of the ECB meeting on Wednesday 7 March and to the US labour market data announcement on Friday 9 March;
(https://nordfx.com/data/posts/2018/03/04/1520154642_EURUSD_05.03.2018.png)

- GBP/USD. The indicators here are overwhelmingly (85%) painted red. As for analysts, the number of supporters of the fall of the pair is at 60%. The main goal is in the 1.3455-1.3600 range. Meanwhile, 40% of experts, 15% of oscillators, and graphical analysis on D1 are all bearish. The nearest targets are the resistance levels at 1.3855, followed by 1.4065 and 1.4145;

- A press conference on the next decisions of the Bank of Japan should take place on Friday 9 March. However, experts do not expect it to offer any surprises. 70% of them, supported by trend indicators, look south, predicting the fall of USD/JPY to 102.75-104.30.
As for the alternative point of view, the remaining 40% of analysts, supported by 15% of oscillators, see the pair as oversold. If these signals prove correct, the pair will still try to approach the lower boundary of the medium-term side corridor at 108.00. The nearest resistance is 106.40 and 107.65.
Graphical analysis on both H4 and D1, however, shows a rare unity that suggests that the pair will initially decline to the support at 104.75, and then turn and rise to 106.40-107.15;   

- BTC/USD. The main forecast sees Bitcoin grow to $12,160-12,980, after which, in the second half of the week, it will U-turn and return to 10,350-10,850.
ETH/USD may rise to 1,160 in the first half of the week, after which, just like with Bitcoin, a trend reversal and a fall to the 900-940 zone are expected.
Experts expect similar dynamics from LTC/USD as well: an initial rise to 240, followed by a drop to 180-200.
As for XRP/USD, which moved in a very narrow side corridor for the previous week, an increase in market volatility may drive it upwards to 1.003-1,075, after which it could return to the support at 0.915.


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Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

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Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on March 12, 2018, 04:44:29 AM
Forex Forecast and Cryptocurrencies Forecast for 12-16 March 2018


First, a review of last week’s forecast:

- EUR/USD. Most experts (60%) had expected the growth of the euro first to 1.2400, and then even higher to the highs of past January-February at 1.2500-1.2555. In the first half of the week, the pair did go up, but the bulls’ efforts were enough to raise it only to 1.2445, after which the bears played back all the losses, and the pair finished almost at the same place where it started the week, namely 1.2305;

- As for GBP/USD, the volatility of this pair was not as strong as expected, and the pair stayed within the 1.3765-1.3930 range and did not reach any of the set goals. As a result, its movement can be described as a lateral trend with Pivot Point 1.3850;

- USD/JPY. 40% of analysts talked about the pair’s upward ambitions to the resistance of 106.40 and possibly even higher to 107.65. This forecast was supported by the 15% of oscillators which signalled it was oversold. As for graphical analysis, it suggested that the pair would rise to 106.40-107.15, which actually happened: the weekly maximum was fixed at the altitude of 107.05, and the week ended at around 106.80;   

- We now reach cryptocurrencies: an extremely difficult asset to forecast due to their incredibly high volatility. The trends we suggested proved 100% correct: a slight initial rise followed by a sharp fall. For BTC/USD, we had predicted growth at the beginning of the week (it did go up to 11.670), followed by a fall (it fell by almost 30% to the level of 8.320). For ETH/USD, we predicted its decline by the end of the week to the 900-940 zone. However, Ethereum’s collapse exceeded expectations, and the pair recorded the weekly low at 635. The forecast for LTC/USD was as follows: a rise to 240 (ended up being 217.30) followed by a fall to 180-200 (in reality, 157.50). As for XRP/USD, which moved in a very narrow range at the end of February, the advent of spring marked its exit from hibernation. First, Ripple sharply gained weight to 1.025 per coin, and then lost almost 35%, dropping to 0.670.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- Almost 55% of experts are sure that President Trump’s introduction of import duties on steel and aluminium will increase the attractiveness of the dollar, as a result of which EUR/USD will drop to at least 1.2000. However, a fairly large number of analysts believe that the pair will remain in the side channel 1.2150-1.2550 for some time, along which it has been moving since mid-January.
As for the medium-term forecast, the opinion of experts and the readings of graphical analysis are diametrically opposite. The former expect that the pair will fall to the level of 1.1900, whilst the graphs suggest upwards ambitions to 1.2800. The oscillator readings do not give clear signals either. On H4, 85% look down, and 15% signal that the pair is oversold. As for D1, there are even fewer clear benchmarks: one third of the oscillators suggest a fall, one third are neutral and one third predict the growth of the pair;

- GBP/USD. The indicators here are also indecisive, with some coloured red, some yellow, some green. But analysts, for the most part (80%), predict the continuation of the downward trend that began on 25 January. Supports are 1.3760 and 1.3585.
An alternative point of view is represented by 20% of experts and graphical analysis on D1, according to whose forecast the pair should try to break through the resistance at 1.4065. Te support is in the 1.3710-1.3760 zone;
(https://nordfx.com/data/posts/2018/03/11/1520746988_GBPUSD_12.03.2018.png)

- we should not rely on oscillators and, especially, on trend indicators in giving a forecast for USD / JPY this week. It is impossible to designate any obvious tendencies there. The opinions of experts are divided equally as well: 33% side with the bulls, 33% join the bears, and the remaining ones freeze in the middle.
As for graphical analysis, it draws a lateral trend on H4 within 105.25-107.65. Further developments can be seen on the D1 chart, where the pair breaks the lower boundary of this channel and descends to the 103.00 horizon;

- as for basic cryptocurrency pairs, experts expect the continuation of the downtrend. Thus, BTC/USD may go down to 8.320, and, in the event of a break through this level, fall to 7.740. Nothing good is predicted by analysts for Ethereum, Litecoin and Ripple either, which, according to their forecast, can lose another 10% to 20% of their value.

We should stress here that even the smallest events can influence the trends and volatility of cryptocurrencies. Therefore, we strongly suggest that you pay attention to smart money management, which, combined with leverage of 1: 1000, will significantly reduce your trading risks. After all, in order to buy 10 Bitcoins, 100 Ethereums, 500 Litecoins or 100,000 Ripples, with such leverage you will only need $100, and you can keep the rest of your money in reserve.

https://nordfx.com/promo/tradecrypto.html (https://nordfx.com/promo/tradecrypto.html)


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on March 18, 2018, 02:42:23 PM
Forex Forecast and Cryptocurrencies Forecast for 19-23 March 2018

First, a few words about the forecast for the previous week, which proved fully correct for cryptocurrencies:

- EUR/USD. When giving forecast for this pair, a large number of analysts claimed that the pair would continue to stay in the 1.2150-1.2550 side channel which it has been moving in since mid-January. It ended up doing just that, albeit with volatility even lower than expected - the difference between the highest (1.2412) and the lowest (1.2260) points of the week was only about 150 points. By the end of the week, the pair finished at 1.2288, only 17 points below where it had started;

- Even though only 20% of experts and graphical analysis on D1 suggested the growth of GBP/USD, the pair started going up at the very start of the week and had already approached the level of 1.4000 by Tuesday. However, despite all the efforts of the bulls, the pair was unable to break through this resistance, and by the end of the week it retreated to 1.3935, which can now can be considered the Pivot Point of this February-March;

- USD/JPY. Regarding the future of this pair, expert opinions were divided evenly last week: 33% sided with bulls, 33% joined the bears, and the rest froze in the middle. This ambivalence is approximately how the pair behaved itself: at first it fell a little, then grew a little, then fell again. The most forecast accurate was that given by graphical analysis, which had suggested the lateral channel of 105.25-107.65, within which the pair ended up moving all week (minimum - 105.59, maximum 107.28); 

- We now reach cryptocurrencies: Regarding bitcoin, experts expected its fall to 7.740: BTC/USD fell to 7.638 by Thursday. Thus, the forecast turned out to be very accurate, and the error in determining the target was only about 1%.
Forecasts for Ethereum, Litecoin and Ripple were also disappointing for the owners of these coins and, to their great despair, fully accurate. Experts predicted these virtual currencies would lose 10% to 20% in value. On 15 March, all these pairs reached the local bottom: Ethereum fell by 21.67% (from 721.50 to 565.09), Litecoin by 20.4% (from 186.71 to 148.59) and Ripple by 25.9% (from 0.767 to 0.568). However, the bulls then managed to win back part of the losses. Thus, by the end of the week, ETH/USD had lost 15.6%, LTC/USD lost 10.2%, and XRP/USD lost 18.0%. BTC/USD had the lowest loss, about 7.7%.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- Dollar pairs expect important events on Wednesday 21 March: prime amongst these is the decision of the US Federal Reserve on the interest rate. According to forecasts, it will be increased from 1.50% to 1.75%, which will most likely result in dollar strengthening.
As for EUR/USD, more than 80% of trend indicators and 85% of oscillators look to the south. However, almost half of the experts, supported by the graphical analysis on D1, believe that at the beginning of the week the pair will still stay in the sideways trend within 1.2275-1.2445. 15% of oscillators signal that the pair is oversold, and also indicate that the bulls still retain some force and will try to push the pair up on the eve of the Fed decision.
In case the pair falls, the first support zone is 1.2150-1.2200, the next one is at 1.2000;

- GBP/USD. At the end of last week, the indicators on H4 took a neutral position, whilst those on D1 continued to look up, opining that both the two-week trend, and the broader one stretching from January 2017, will continue. The nearest targets are 1.4000, 1.4065 and 1.4145.
However, unlike indicators, experts can take important economic data into account. This will be plentiful next week both for the pound and the dollar, with Tuesday, Wednesday and Thursday all seeing the release of important data. Here, most analysts (60%) still expect the weakening of the British currency and the fall of the pair. The nearest support is in the 1.3710-1.3760 zone. In the event of its breakdown, in the medium term the pair may descend to 1.3445-1.3585;
(https://nordfx.com/data/posts/2018/03/18/1521359110_GBPUSD_19.03.2018.png)

- The view on the future of the USD/JPY is as follows: 70% of the experts, graphical analysis on D1 and 90% of the indicators on H4 and D1, look southwards, waiting for the pair to continue moving in the medium-term channel. The resistances are 106.40, 106.75 and 107.25. Supports are 105.25, 104.50 and 104.00.
It should be noted that in the medium term, the number of bull supporters among analysts increases from 30% to 65%. The goal is to climb into the 108.00-110.00 zone;

- The forecast for the main currency pairs is the following. BTC/USD: experts expect the pair to return to the highs of the previous week. According to their forecast, the pair should rise to 8,850-9,400. ETH/USD: growth to 655.00, and then on to 670.00-740.00. LTC/USD: rise to 170.00-181.00, and, in case of a break through the resistance, a rise to 193.00. XRP/USD: the target is 0.688-0.780, at with the pair possibly rising to 0.810 at the end of the week.

We would like to stress at this point that even minor events can influence the trends and volatility of cryptocurrencies. Therefore, we strongly suggest that you pay attention to smart money management, which, combined with leverage of 1: 1000, will significantly reduce your trading risks. After all, to buy 10 Bitcoins, 100 Ethereums, 500 Litecoins or 100,000 Ripples, with such leverage you will only need $100, and you can keep the rest of your money in reserve.

https://nordfx.com/promo/tradecrypto.html (https://nordfx.com/promo/tradecrypto.html)


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on March 20, 2018, 08:13:01 AM
Deposit and Withdrawal of Funds in Ethereum (ETH)


Dear Clients,

We are pleased to inform you that starting on 19 March 2018 you will be able to deposit and withdraw funds from your trading account in Ethereum (ETH), alongside USD and Bitcoin.

The list of trading instruments in the Pro and Zero accounts includes six cryptocurrency pairs (BTCUSD, LTCUSD, ETHUSD, DSHUSD, XRPUSD and BCHUSD). Like for other trading instruments, the leverage ratio for these can go up to 1: 1000.

 
Yours faithfully,
NordFX


#forex #crypto #broker #Ethereum #nordfx

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on March 26, 2018, 06:27:56 AM
Forex Forecast and Cryptocurrencies Forecast for March 26 - 30, 2018

First, a review of last week’s forecast:

- EUR/USD has been in a sideways trend for the whole of March, with a slight predominance of bearish trends. This is exactly the kind of movement that was forecasted last week. Pressed by the bears, the pair tried to reach support at 1.2200, but failed even this, and fixed the local bottom at 1.2239. After that, the pair turned around and completed the trading session in the 2018 Pivot Point zone, at 1.2350;   

- GBP/USD. At the time of writing the previous forecast, the indicators on D1 pointed to the north, believing that both the two-week uptrend and the more global one, which began in January 2017, would continue. This scenario was supported by 40% of experts as well, referring to the height of 1.4145. This forecast turned out to be correct, and at the very beginning of the five-day period the pair went up sharply. Basing on information from the Bank of England on Thursday, March 22, it even tried to break through resistance 1.4145, but failed to gain a foothold above this level, and rolled back very soon. As for the end of the week, the pair spent it making fluctuations around the same level of 1.4145;

- 70% of experts, graphical analysis on D1 and 90% of indicators on H4 and D1 expected the continuation of the USD/JPY movement in the medium-term channel. This was what happened - it dropped to the level of 104.63 on Friday, after which there was a slight retreat, and the pair met Saturday at the level of 104.75;

- Now, cryptocurrencies. As for bitcoin, the experts expected its rise to 8,850-9,400, and by the middle of the week the pair BTC/USD fulfilled the above task, reaching the level of 9,145.
For the pair LTC/USD, a rise to the zone of 170.00-181.00 was forecasted. However, after its fall on Saturday and Sunday, it seemed to be impossible. But the bulls managed to regain strength and managed to raise the pair to a height of 174.00 on Wednesday. Similar dynamics was demonstrated by the Ripple, having risen to the set level of 0.70, but still failing to gain a foothold above it.   
But the Ethereum did not please the experts who expected its growth to the level of 655.00. In reality, it was only able to reach 587.00.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- 60% of analysts expect the pair EUR/USD to rise to the level of 1.2415, and then even higher - to the height of 1.2445. The next target is 1.2520. Graphical analysis on D1, 100% of trend indicators and 85% of oscillators on H4 agree with this forecast.
As for most of the indicators on D1, they have taken a neutral position. This time, 40% of experts and 15% of oscillators side with the bears, giving signals that the pair is overbought. The support levels are 1.2240, 1.2200 and 1.2155;

- GBP/USD. Most analysts (60%) still forecast a decline of the pair first to 1.4115, and in case of its breakdown, even lower - to 1.4080. However, only 5% of the indicators agree with this development. The remaining 95 percent, supported by 40% of analysts, have sided with the bulls, expecting the continuation of the uptrend. The nearest resistance levels are 1.4215 and 1.4275, the final target is January 2018 high, at 1.4345;

- Opinions on the future of the USD/JPY looks almost the same as last week: 70% of experts, 90% of indicators on H4 and D1, look to the south, expecting the pair to continue moving in the medium-term down channel. The targets are 104.00 and 102.65.
At the same time, graphical analysis on D1 warns that, before continuing to fall, the pair may rise to 105.70-106.30 for a while, and possibly even higher - to 107.00. 10% of oscillators, giving signals that the pair is oversold, expect correction as well;
(https://nordfx.com/data/posts/2018/03/25/1521974667_USDJPY_26.03.2018.png)

- The forecast for the basic currency pairs looks as follows.
BTC/USD - Experts expect the continuation of the uptrend. Targets that the pair can reach by the middle of the week, are 9,870 and 10,080. At the same time, it is possible that the bullish impulse will be stronger, and it will rise to the zone 11,500-11,750. At the end of the week, there may be a change of trend and a relatively small decline;
Similar dynamics are expected for other pairs. ETH/USD: targets are 740.00 and 866.00. LTC/USD: 193.40 and 217.30. XRP/USD: 0.670, 0.730 and 0.890.

We would like to stress at this point that even minor events can influence the trends and volatility of cryptocurrencies. Therefore, we strongly suggest that you pay attention to smart money management, which, combined with leverage of 1:1000, will significantly reduce your trading risks. After all, to buy 10 Bitcoins, 100 Ethereums, 500 Litecoins or 100,000 Ripples, with such leverage you will only need $100, and you can keep the rest of your money in reserve.

https://nordfx.com/promo/tradecrypto.html (https://nordfx.com/promo/tradecrypto.html)


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on April 02, 2018, 10:18:43 AM
Forex Forecast and Cryptocurrencies Forecast for April 02 - 06, 2018


First, a review of last week’s forecast:

- 60% of analysts, supported by graphical analysis on D1, 100% of trend indicators and 85% of oscillators on H4, expected the EUR/USD to grow, and this forecast turned out to be correct. The pair coped with the task quickly and, having risen by 125 points on Tuesday, reached the height of 1.2475. After this, the trend reversed, the pair returned to the borders of the mid-term side corridor, where it has been moving for the whole of 2018, and completed the week in the zone of its Pivot Point at 1.2325;   

- GBP/USD. 40% of analysts and 95% of indicators sided with the bulls last week, waiting for the continuation of the uptrend. Levels 1.4215 and 1.4275 were called as resistance levels. As for the remaining 60% of experts, they expected the pair to go down to the horizon 1.4080. As a result, both forecasts were implemented, with a certain tolerance. At first the pair climbed to 1.4243, and then turned and went south, finding the local bottom in the zone 1.4010, not far from which it finished the week, at the level 1.4015;

- even though most experts expected the medium-term downtrend to continue, one third of them, in anticipation of correction, looked north. 10% of the oscillators supported such development, giving signals that the pair was oversold. As for graphical analysis, it indicated the target - the height of 107.00, to which the pair rose on Wednesday, March 28. After that, it turned and fell to the level of 106.27 by the end of the week;

- and now, cryptocurrencies that moved all the way to the south all week, even though many oscillators insistently indicated they were oversold. Optimists call this fall a prolonged correction, pessimists talk about the beginning of the end of the crypto currency boom. Whatever it is, the fact remains - the crypto market "shrunk" by 70% during three months of 2018, and its capitalization is now only 275 billion USD.
There are several reasons for this fall: this is ongoing hacker attacks on crypto-exchanges and client wallets, more unsuccessful ICO projects, and the increased pressure on this market by regulators. The Chinese authorities made an announcement on further steps on Thursday, and in Japan, five exchanges withdrew their applications for licensing, realizing that they will not be able to meet the requirements of the FSA - Financial Services Agency of this country.
As a result, bitcoin dropped to the level of 6520, Litecoin - down to 108.00, ripple - 0.45, and the Ethereum fell to the values of last June to the zone of 365.0.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- EUR/USD. The overwhelming majority of experts have taken a neutral position, waiting for the pair to go on moving in the mid-term lateral channel of 2018. As for trend indicators and oscillators, about 60% recommend the sale of the pair, 40% - purchase, or are painted neutral gray. The above allows us to say that the pair is likely to stay within this channel for the first half of the week. The nearest support is in the zone 1.2240, the next one is 1.2155. Resistance is at the levels is 1.2445 and 1.2535.
Higher volatility of the pair can be expected on Wednesday and Thursday after the release of data on the European consumer market and information about the ECB meeting. On Friday, the market is expecting data on the labor market from the US. One of the most important indicators here is the NFP, which determines the number of new jobs created outside the agricultural sector. According to forecasts, it may fall by about 35%, which can weaken the dollar considerably. However, data on average wages in the US will be published at the same time with the NFP, which may provide some support to the US currency.

- GBP/USD. As in the case of EUR/USD, half of analysts vote for a sideways trend. As for the indicators, about 50% of them on D1 point to the east. 30% of experts, 15% of the oscillators, giving signals that the pair is oversold, and graphical analysis on H4, waiting for the pair to return to the level of 1.4245, side with the bulls. The bears this week are represented by 20% of analysts and graphical analysis on D1, expecting the fall of the pair to the corridor 1.3780-1.3875.
It should be noted that the number of bears' supporters increases to 55% in the medium term;

- USD/JPY. It is impossible to use indicators at the moment - their readings are a mixture of green, red and neutral gray colors. As for the experts, 55% of them believe that the uptrend that started last week will continue, and the pair will rise to 107.30. The next target is 108.50.
The remaining 45% of analysts, supported by graphical analysis on D1, on the contrary, are confident that the pair will not be able to overcome the resistance of 107.00 and will go first to support 104.65, and then even further downwards - to zone 101.20-104.30.

- The forecast for the main cryptocurrency pairs is the following.
BTC/USD: experts expect the continuation of a downtrend to the horizon of 5970, and in case of its breakdown, down to 5425. After this, the trend should reverse and return to the 8000 zone, which can take two to three weeks to complete. 
Similar dynamics are expected for other pairs. ETH/USD: decrease to the zone 200.00-275.00 and the subsequent retreat into the zone 500.00. LTC/USD - drop to 85.00-105.25, then rebound to 173.80. XRP/USD - according to experts, this pair can find the bottom at the level of 0.25-0.30, after which it will for some time return to the level of 0.63.
(https://nordfx.com/data/posts/2018/04/01/1522588441_BTCUSD_02.04.2018.png)

Dear traders, brokerage company NordFX offers you the opportunity to earn both on growth and on the fall of cryptocurrencies, using a leverage ratio of up to 1:1000.
Deposit and withdrawal of funds in USD, bitcoins and Ethereums.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on April 09, 2018, 09:48:14 AM
Forex Forecast and Cryptocurrencies Forecast for April 09 - 13, 2018

First, a review of last week’s forecast:

- The forecast for EUR/USD turned out to be generally correct: the pair did not go beyond the 2018 mid-term side channel, going down in anticipation of data on NFP, only to the level of 1.2217. As expected, the Nonfarm payroll sagged significantly, more than three times compared to the values of the previous month, to which the pair could not help reacting. However, the reaction was fairly calm: the dollar lost just 60 points to the euro, after which the pair completed the week in the strong support/resistance zone 1.2280;

- GBP/USD. The main forecast for this pair was a sideways trend, in the narrow framework of which the pair stayed for the first half of the week. Thursday and Friday brought some volatility, but as a result, the five days change was only about 70 points, and the pair froze at 1.4085;

- The forecast, made by the majority of experts for USD/JPY, was absolutely correct. 55% of them were sure that the uptrend will continue, and the pair will rise to 107.30. And this was what happened - it rose to the level of 107.48, which, taking into account the standard backlash, is almost a 100% hit. As for the end of the five-day period, the pair completed it 60 points below the weekly maximum, at 106.88;

- Cryptocurrencies, just like most major currency pairs, spent all the time in a sideways trend. It seemed in the middle of the week that the bulls took over, and the long-awaited growth of bitcoin, ethereum and other altcoins finally, started. But ... the pairs returned to the values of the beginning of the week. So, the result of the past seven days can be considered inconclusive both for the bulls and for the bears.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- EUR/USD. Graphical analysis on D1 believes that the pair completed the previous five-day period in the Pivot Point zone of the side channel, in which it will stay for the next few days. The boundaries of the channel are 1.2215 and 1.2355. The most likely breakthrough is to the south and a decline to zone 1.2090-1.2150. Almost 65% of experts agree with such a scenario, supported by indicators on D1.
As for the remaining 35% of analysts and indicators on H4, in their view, the dollar's weakness caused by the data on the US labor market will continue, and the pair will rise to the level of 1.2355-1.2415;
(https://nordfx.com/data/posts/2018/04/08/1523198694_EURUSD_09.04.2018.png)

- The main forecast for the GBP/USD is as follows: possible (but not compulsory) small growth to resistance 1.4125, and then falling first to support in the 1.4000 zone, and, in case of its breakdown, a decline to 1.3915-1.3965 zone. This forecast is supported by almost 75% of experts, graphical analysis on D1, as well as about 15% of oscillators signaling the pair is overbought. Only a quarter of analysts agree with the positive outlook and the growth of the pair to 1.4200-1.4240;

- USD/JPY. With a high degree of probability, the mid-term lateral trend which began in mid-February this year, will continue. The only question is a more precise definition of its boundaries. The bulls are supported by about 65% of analysts who expect the pair to rise to the horizon at 108.00. As for the bears, their immediate goal is the level 105.65. In case the dollar continues to lose its positions, the pair may drop to support 105.25 and even another 60 points lower;

- As for cryptocurrencies, it is useless to try to determine the exact levels, considering their super-high volatility. One can only talk about the direction of trends and approximate targets. In the coming week, experts expect that the bulls' efforts will still be rewarded, and starting Monday, April 09, the main pairs may expect growth, although small and temporary, BTC/USD: rise to 7,820-8,360. For the ETH/USD, the target is the zone 440-511, LTC/USD: 155-175, XRP/USD: 0.56-0.67.

Dear traders, brokerage company NordFX offers you the opportunity to earn both on growth and on the fall of cryptocurrencies, using a leverage ratio of up to 1:1000.
Also, you can just invest in cryptocurrencies on favorable terms.
Deposit and withdrawal of funds in USD, bitcoins and ethereums.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on April 15, 2018, 09:50:31 AM
Profit 7000% per Month: Success Formula from Miss Sarinya

(https://nordfx.com/data/posts/2018/04/10/1523353285_Ms.Sarinya-THAI-06.png)

For some reason, it is a common opinion that trading in foreign exchange markets is, like chess, mainly a male business. However, this is not at all the case, and women, with their perseverance and patience, can quite often give a hundred points to the odds to the "strong" half. The results that a trader from Thailand has recently showed, can serve as an example: she has managed to increase her deposit by 70 times in less than a month!

Miss Sarinya is 35 years old, she lives in Northern Thailand in Chiangrai Province, where she sells bags and all kinds of fashion accessories. And as she said, in order to have some additional income, a few years ago she decided to take up Forex.

"I did not finish any special training courses," says Sarinya, "I studied, receiving information from all sorts of online resources. I am still not very strong at technical analysis, I am just used to do her best always and in everything, and to bring the matter to the result. I tried many different trading strategies, sometimes I lost, sometimes I earned. As a result, I developed my own method - just trade, set a profit target, and stop when you start losing money."

- For many people, the most difficult part is to stop in due time. Don't you mind to part with the money in such cases? - we ask Sarinya.

- I have no passion for money, as I do not strive to make a lot of money quickly. I do not at all expect to become a millionaire with the help of Forex," - Sarinya smiles. - As I said, I just want to have extra earnings.

- And you are great at this: just in a few weeks’ time, having started from $ 35, to turn them into $ 2500 is an outstanding result, frankly speaking.

- Yes, I learned about NordFX from the partner of this company - Miss Tip. At first, I got used to the platform, and then I began to trade.

- And what are your impressions?

- Everything is fine, including withdrawing funds: - all goes quickly and without problems.

- As far as we know, you do not use expert advisors, you trade on your own, "manually". But such a trade takes a lot of time. What do your family and friends think about this?

"Well, since I'm making money, they do not mind me doing this."

- If it's not a secret, having received $ 2500 from NordFX, how will you spend it? Will you have a big family dinner, go shopping or spend the money on anything else?

"I'll spend it on something else," Sarinya smiles again. - Simply put, I will use it for further trading on Forex.

- And the last question: what advice do you have for beginning traders?

- Nothing special. One just needs to learn more and trade more!


#forex #broker #nordfx #cryptocurrencies #bitcoin #profit

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on April 15, 2018, 10:51:52 AM
Forex Forecast and Cryptocurrencies Forecast for April 16 - 20, 2018


For starters, a few words about the forecast for the previous week, which turned out to be absolutely true for many major and cryptocurrency pairs:

- EUR/USD. According to the graphical analysis, the pair was supposed to consolidate in the Pivot Point zone of the medium-term side channel in 2018. The level of 1.2215 was indicated as the lower limit, the upper one was 1.2355. At the same time, 35% of analysts suggested that the US dollar will continue to weaken, provoked by data on the labor market, and the pair would be able to break through 1.2355, rising above this level.
It was this scenario that was implemented. The pair climbed 115 points by the middle of the week, reaching the height of 1.2395, after which it turned and returned to where it had been expected - to the medium-term Pivot Point in the zone of 1.2328;

- The forecast for the pair GBP/USD had supposed a certain growth, but not the one that really happened. Recall that the growth above the horizon 1.4200 was supported by only a quarter of analysts, but the dollar weakening surpassed even their expectations, and the pair almost reached the level of 1.4300 on Friday. However, the strength of the bulls dried up soon, and it rolled back to the level of 1.4240;

- The forecast made by most experts on the pair USD/JPY, suggested continuation of the medium-term lateral trend, which began in mid-February, and its growth to a height of 108.00. That's exactly what happened. The pair moved within the corridor 106.60-107.40 for the whole week, after which it tried to move one level above, but, having reached the height of 107.77, could not get fixed there and returned to the highs of the previous week;

- The forecast for cryptocurrencies turned out to be absolutely correct as well. All major crypto-pairs went up as expected.
The script for the BTC/USD provided for an increase to 7,820-8,360. In fact, the pair reached the mark of 8,200.
For the ethereum, the target was the zone 440-511, it managed to climb even slightly higher - to the height of 527, after which, it returned to the 490 mark by the end of the week.
For the LTC/USD, the scenario envisaged a rise to 155-175, however, even though the pair went up confidently, the bulls' enthusiasm dried up a little earlier - at the height of 133.
And, finally, ripple. The experts set a height of 0.67 as the main target for it, to where it got on Friday evening.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- EUR/USD. 60% of experts, together with graphical analysis on D1, continue to insist on the pair going down first to the level of 1.2215, and then, possibly, to the minimum of the medium-term side corridor at the horizon 1.2155. However, the geopolitical situation in which Syria is involved, as well as the trade war with China, and a number of other factors, can make influence the situation and lead to a further weakening of the dollar. In this case, as 40% of analysts believe as well as most of the oscillators on D1, the pair can continue to move to the resistance levels at the top of the channel, these are 1.2410, 1.2475 and 1.2525;

- Almost all the indicators, both trend ones and oscillators, both on H4 and D1 (85%) are determined to buy the GBP/USD. But as for the experts, here the bulls' advantage is not so impressive: 60% by 40%. The main support is located at 1.4145, then 1.4065 and 1.4010. The resistance levels are 1.4345 and 1.4425.
It should be noted that in the medium term, the advantage is shifted to the bears, and here 60% of analysts vote not for growth, but for the fall of the pair, expecting its fall to the March lows around 1.3760;

- USD/JPY. Almost all indicators are painted green following the trends of the last days and weeks.  However, we should pay attention to the fact that the pair is at the upper boundary of the strong resistance zone, which can be traced starting from this February. More than 70% of experts believe that the pair will try to gain a foothold above this zone, and its weekly fluctuations will occur in the range of 107.00-108.50. However, one third of analysts are sure that the pair will return to the side corridor 106.65-107.00, and, if it breaks its lower border, it may drop another 100 points lower, reaching the local bottom at 105.65. This development is also confirmed by the graphical analysis on D1;
 
- As for cryptocurrencies, experts expect this week that the pair BTC/USD will move along the level of 8,000, making fluctuations in the range of 7,570-8,575. ETH/USD may try to conquer the height of 600, but the ethereum will not be able to get fixed there and it will return to the levels around 485-510. For the pair LTC/USD, experts point to the height of 145 as the target, and to the zone 0.70-0.740 for the pair XRP/USD.
(https://nordfx.com/data/posts/2018/04/15/1523762651_ETHUSD_16.04.2018.png)

Dear traders, brokerage company NordFX offers you the opportunity to earn both on growth and on the fall of cryptocurrencies, using a leverage ratio of up to 1:1000.
Also, you can just invest in cryptocurrencies on favorable terms.
Deposit and withdrawal of funds in USD, bitcoins and ethereums.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on April 23, 2018, 05:53:51 AM
Forex Forecast and Cryptocurrencies Forecast for April 23 - 27, 2018


First, a review of last week’s forecast:

- The pair EUR/USD continues to keep in the zone of the 2018 mid-term side channel 1.2200-1.2525, more precisely, in its central part, gradually reducing volatility in comparison with the beginning of this year. Last week, the experts called the horizon 1.2215 as the nearest level of support for it, as for resistance, the horizon 1.2410 was named, in the area of which the pair fixed its minimum - 1.2250 and maximum - 1.2413, showing the fluctuation range of less than 165 points. As for the end of the week session, the pair recorded the result at 1.2288;

- The GBP/USD pair. Here, almost all indicators (85%), as well as 40% of analysts, were determined to buy it, calling resistance 1.4345 as the nearest target. The pair went north right from the very beginning of the week, and even rose 30 points above the target level at some point, but the breakdown turned out to be false. Not having kept at the height of 1.4375 even for an hour, it turned around and, as 60% of experts had expected, rushed down, reaching the weekly bottom in the 1.4000 zone on Friday;

- giving a forecast for the pair USD/JPY, most experts (70%) had believed that its weekly fluctuations would occur in the range of 107.00-108.50. Taking into account the standard backlash, this forecast turned out to be correct, and the pair stayed within 106.87-107.85 in its lateral movement. It finished the week not far from the level where it began, at the horizon 107.64;

- with a small tolerance, the forecast for cryptocurrencies was absolutely correct once again. The forecasted trip to the north did take place. For BTC/USD, it assumed that it would reach the height of 8.575. In reality, the pair rose to the mark of 8.535 by the end of Friday, and then went further up to the target.
For the etherium, the goal was the height of 600, which it reached on the night from Friday to Saturday. At the same time, the pair LTC/USD overcame the height of 145.00, which had been called by experts, and the pair XRP/USD rose above the level of 0.85.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- EUR / USD. The overwhelming majority (75%) of experts, together with graphical analysis on D1, continue to insist on the movement of the pair in the side channel 1.2200-1.2415. In this case, it is highly likely that at first the pair will drop to its lower limit, and will go up only after it beats off it. The readings of the oscillators confirm such a scenario, 15% of which are already signaling the pair is oversold.
If we talk about the prospects for early May, graphical analysis and about half of analysts suggest that the pair will rise to the highs of February 2018. to the area of 1.2555. In the bears win, the pair can go to the level of 1.1915-1.2085.
The formation of trends can be influenced by the decision on the interest rate and the ECB press conference on Thursday April 26, as well as the annual data on US GDP, which will be released on Friday April 27;
(https://nordfx.com/data/posts/2018/04/22/1524397259_EURUSD_23.04.2018.png)

- GBP/USD. It is clear that all the trend indicators have turned to the south following by the last week's results. However, 60% of experts, supported by graphical analysis on D1, believe that 1.4000 will be the lower limit of the weekly side channel 1.4000-1.4245. The next resistance is located at 1.4375. The bullish version is also confirmed by oscillators, 20% of which signal the pair is oversold.
40% of analysts side with the bears who believe that the pair will still be able to break through the level of 1.4000 and fall first to support 1.3885, and then even lower - to zone 1.3745;   

- USD/JPY. 85% of analysts, 100% of trend indicators on H4 and 80% on D1, graphical analysis and the vast majority of oscillators vote for the strengthening of the dollar and further growth of the pair. On H4, the graphical analysis draws the corridor 107.25-108.05, on D1, the range of oscillations is wider - first decrease to support at 106.60, and then rise to the tops in the 109.00 zone. This scenario is consistent with the oscillators, a quarter of which give signals that the pair is oversold.
Analysts who support the fall of the pair to support 105.00 are only 15% at the moment. However, in the medium term, this possibility is not ruled out by a third of experts;

- Cryptocurrencies. After the BTC/USD rose to 9,000, experts expect the pair to roll back into the zone 7,785-8,200. In this case, it is highly likely that the fall will be even stronger, and the pair will return to the zone of 6,585-7,100. 
In case the etherium breaks through the support of 500.00, the pair ETH/USD can return to the zone 360-430. Supports for the pair LTC/USD are 135, 122 and 110, as for the pair XRP/USD, they are 0.67, 0.55 and 0.43.
The opportunities for growth of these cryptopairs, according to experts, are limited to Saturday-Sunday highs of April 21 and 22.


Dear traders, brokerage company NordFX offers you the opportunity to earn both on growth and on the fall of cryptocurrencies, using a leverage ratio of up to 1:1000.
Also, you can just invest in cryptocurrencies on favorable terms.
Deposit and withdrawal of funds in USD, bitcoins and ethereums.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on April 30, 2018, 05:52:23 AM
Forex Forecast and Cryptocurrencies Forecast for April 30 - May 04, 2018


First, a review of last week’s forecast:

- as we said, the key event last week was the ECB President Mario Draghi press conference on Thursday, April 26. The pair EUR/USD had descended to the lower boundary of the three-month lateral channel around 1.2200 by that date. Recall that this behavior had been predicted by almost 100% of experts. But further on, their opinions diverged: 75% expected the pair to go up and return to the mid-term trading range, and 25% were confident that the euro would lose its positions further.
The dispute between the analysts was resolved by Mr. Draghi, who admitted that the Eurozone economy was unlikely to preserve the last year's growth rates. And although he said that the ECB will gradually reduce the QE quantitative easing program, many experts felt that its terms will likely be extended beyond 2018. As a result, the euro lost another 150 points. True, then a rebound occurred and the pair completed the week at 1.2130; 

- GBP/USD. Strengthening of the dollar could not but affect the British pound. As a result, the forecast, for which about 40% of analysts voted, was implemented - the breakdown of the horizon is 1.4000 and the decline to support 1.3745, near which, at 1.3780, the pair and met the end of the weekly trading session.

- USD/JPY. 85% of analysts, graphic analysis and the clear majority of indicators had voted for the strengthening of the dollar and further growth of the pair to the heights in the 109.00 zone. This almost unanimous opinion was absolutely true, and the pair completed the five-day period at the height of 109.05;

- Cryptocurrencies. After the BTC/USD rose to 9,000, experts had expected the pair to roll back about 1,000 points down. However, this did not happen, and Bitcoin was in a sideways trend along the horizon of 9,000 for the whole of the week, making fluctuations in the range of about ± 500 points.
Other pairs behaved in a similar way. The level of 150.00 became Pivot Point for LTC/USD, and for XRP/USD, it was 0.845. And only Ethereum showed a noticeable recovery, reaching the mark of 709.83 on April 24. True, then a pullback followed, but despite this, the pair completed the week with an increase of about 10%.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- EUR/USD. If only a quarter of experts voted for the transition of the pair to the zone of 1.1915-1.2085 last week, their number has increased to 60% now. About 80% of the indicators are painted red as well. Additional support for the dollar is provided by the expectation of data on the labor market in the US on Friday, May 4. According to forecasts, the number of new jobs created outside the agricultural sector (NFP) may increase from 103K to 198K, which does not exclude the fall of the pair by another 100-115 points lower, to support 1.1800.
This time 40% of experts and graphic analysis on D1 have sided with the bulls. In their opinion, the fall below the level of 1.2200 has been temporary, and the pair will return to the medium-term horizontal channel within a week or two and will reach a height of 1.2415. Oscillators confirm this possibility, 20% of which signal the pair is oversold;

- GBP/USD. It is clear that all the trend indicators have turned to the south following the last week's results. As for the experts' opinion, here the supporters of bears have a slight advantage - 55% versus 45% for bulls. Bull sentiment is also supported by a quarter of the oscillators, giving signals that the pair is oversold, as well as graphical analysis on H4 and D1.
If the "growth party" wins, the pair will go up, starting from the support of 1.3750, aiming to rise above the level of 1.4000 and, possibly, to reach the height of 1.4075. The nearest resistance is 1.3840.
If, however, the bears' expectations come true and the pair goes south, the support will be located at the following levels: 1.3585, 1.3455 and 1.3300;

- USD/JPY. 70% of analysts, supported by most of the indicators and graphical analysis on D1, expect the continuation of the uptrend. The targets are 109.80, 110.45 and 111.25. The remaining experts together with the graphical analysis on H4 believe that the pair has already reached a local maximum, and now it is expected to decline first to the level of 108.35, and even lower in case of its breakdown. The targets in this case are 107.40 and 106.60.
It should be noted that graphical analysis on D1 also does not exclude a drop to the level of 106.60, but only after the pair reaches heights in the area of 111.00, at least;
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fnordfx.com%2Fdata%2Fposts%2F2018%2F04%2F29%2F1524986742_USDJPY_30.04.2018.png&hash=b28271db12ec09e6ce00c8d741580071)

- Cryptocurrencies. Experts expect the growth of the BTC/USD first to the level of 10.000, and then 500-700 points higher. The main support is 8.620. In case of its breakdown, it is possible to decline to the level of 7.785.
The main forecast for the pair ETH/USD is an increase to the height of 785, the next target is 865. The nearest support is 594, the next one is 500. LTC/USD: the goal is to return to the April 24 high, 165.00, the support is 140.00. XRP/USD: the goal is to rise to the level of 0.92, and then to the zone 0.942-0.985, the support is 0.7230.


Dear traders, brokerage company NordFX offers you the opportunity to earn both on growth and on the fall of cryptocurrencies, using a leverage ratio of up to 1:1000.
Also, you can just invest in cryptocurrencies on favorable terms.
Deposit and withdrawal of funds in USD, bitcoins and ethereums.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on May 06, 2018, 03:14:04 PM
NordFX named Best News and Analysis Provider by FXDailyinfo


(https://nordfx.com/data/posts/2018/05/05/1525533459_Best_News___Analysis_Provider.png)

NordFX has once again been recognised for the high quality of its services. The latest recognition came from international portal FXDailyinfo, which, after a round of voting, named the economic analysis and reviews of our experts the best in the industry.

The portal has been running the FXDailyinfo Awards series for several years now. The awards are based on open voting by the community, which decides which of the many companies in financial markets have distinguished themselves in a number of areas. This year, NordFX won by a large margin in the ‘Best News and Analysis’ category, having received nearly 70% of the popular vote.

We are sincerely grateful to all who voted for us for valuing the continuously hard work of our international analyst team. We hope that our output will continue to be both interesting and useful to the widest possible trading audience.

https://nordfx.com (https://nordfx.com)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on May 06, 2018, 03:41:06 PM
Forex Forecast and Cryptocurrencies Forecast for May 7 - 11, 2018


First, a review of last week’s forecast:

- EUR/USD. For the third week in a row, the dollar continues to strengthen its positions, having won back about 500 points from the euro. Easing of tension in trade relations with China has rendered serious support for the US currency. By Friday, May 04, as most experts (60%) supported by 80% of the indicators had expected, the pair reached the lower border of the 1.1915-1.2085 range, after which a slight rebound followed, and it stopped at 1.1960;

- GBP/USD. The victory of the dollar over the British pound, which lost about 890 points in three weeks, is even more convincing. This "fiasco" was promoted by the weak macroeconomic statistics of Great Britain, and the weakening of hopes for the Bank of England's early change of its monetary policy, and the unresolved dispute with the EU regarding the Irish border. As a result, as predicted by 55% of analysts, oscillators and graphical analysis, the pair dropped to the values of this January and completed the five-day period at 1.3530;

- USD/JPY. 70% of analysts, supported by most of the indicators, were expecting the continuation of the uptrend. The target was the height of 109.80, which was reached by the pair on the first day of May. After that, it climbed another 20 points and, as predicted by the graphical analysis, turned around and left to the south, ending the week's session almost where it had started, in zone 109.10;

- Cryptocurrencies. In general, the outlook for the cryptocurrency pairs traded in the NordFX brokerage company turned out to be absolutely correct. As we have repeatedly said, because of the rather thin market and increased volatility in this segment, the main goal of the experts is to correctly predict the trend. And this was achieved. As for the levels of support/resistance that had been declared, they are rather approximate benchmarks rather than precise targets.
So, the past week has confirmed that Bitcoin loses its dominance, gradually giving way to altcoins. Thus, despite the fact that the total crypto market capitalization has reached 438 billion dollars, the Bitcoin share in it shrank to 35.9%.
The pair BTC/USD could not reach the landmark of $10,000, stopping at 9.825. Ripple hardly reached the target as well, having managed to conquer only the height of 0.8850. But the pair ETH/USD completed the task in full, fixing the weekly maximum at the height of 806 dollars. The same applies to LTC/USD. The goal for this pair was a return to the high of April 24, $165.00, which was what happened with an accuracy of 100%.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- EUR/USD. The market froze in anticipation, whether the long-awaited rebound of this pair will follow. We will say straight away that serious economic prerequisites for this are not yet around. But the market is still the market, and therefore about a third of the experts sided with the bulls, expecting the pair to rise first to resistance 1.2085, and then another 50-70 points higher. Such a development is confirmed by graphical analysis on H4 and D1, as well as 15% of oscillators, which give signals on D1 that the pair is oversold.
40% of analysts believe that the pair will take a breather and will move in the side channel 1.1900-1.2000 for a while. And, finally, the remaining 30% of experts are sure that the march to the south is not over yet, and we will see this pair in the zone 1.1800-1.1850 soon;

- A similar divergence of opinions can be observed when assessing the future GBP/USD. 40% of analysts are for the growth of the pair, 30% are for the sideways trend and 30% vote for its fall. 100% of the trend indicators and most of the oscillators are painted red. At the same time, 25% of oscillators on D1 indicate the pair is oversold, which is a signal strong enough to go up.
As for the graphical analysis, it predicts the movement in the side corridor 1.3470-1.3625 for the next few days, after which the pair should go to the north. The nearest target is 1.3790, the next one is 1.4000.
The decisive day for forming the trend is likely to be Thursday, May 10, which can be called the Day of the Bank of England. And much depends on whether and how much the interest rate on the British pound will be raised, and what the Central bank's chairman, Mark Carney, will say during his press conference.
The support levels are 1.3470 and 1.3300;
(https://nordfx.com/data/posts/2018/05/05/1525531969_GBPUSD_07.05.2018.png)

- Last week's reciprocal movement of the pair USD/JPY completely confounded not only the experts, but also the indicators: half of them recommend buying, the second half - selling. It is only graphic analysis, which both on H4 and D1 uniquely points to the south, calling 108.60, 107.40 and 106.60 as targets. The resistance levels are 109.50 and 110.00.
If we talk about forecasts up the end of May, it is already 70% of analysts who expect the pair to rise to the area of 111.50-112.00, and further - to an altitude of 113.40; 

- Cryptocurrencies. Fundamental news around crypto market show increased activity of institutional investors, so experts expect the pair BTC/USD to continue to grow to the level of 10,300-10,700. The main support is 8.620. The forecast for the pair ETH/USD is growth to the $ 900 zone, support at the horizons of 700 and 595. LTC/USD: the goal is to rise to the levels of 175-180. XRP/USD: the goal is the same, to rise to the level of 0.92, and then to the zone 0.942-0.985, the support is 0.7230.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on May 14, 2018, 10:52:54 AM
Forex Forecast and Cryptocurrencies Forecast for May 14 - 18, 2018


First, a review of last week’s forecast:

- EUR/USD. Recall that the opinions of experts last week were divided almost evenly: one third sided with the bears, one third sided with the bulls, and 30% took a neutral position, expecting a sideways trend. As a result, as if fulfilling an order, the pair first went down to the level of 1.1822, then rose by 145 points and completed the five-day period almost in the same place where it started, in the zone of 1.1940.
In total, in less than a month, from April 19 to May 09, the pair lost about 580 points, without any serious corrections, which caused serious financial damage to those traders who had opened positions to buy against the trend and could not stand such an impressive drawdown of the deposit;

- a similar divergence of opinions could be observed when assessing the future of the GBP/USD. We could expect any changes in the monetary policy of the Bank of England on Thursday, May 10, but everything went on without surprises, and the pair stayed practically within the boundaries of the side corridor, which was drawn for it by graphical analysis, 1.3460-1.3615.   

- The pair USD/JPY also moved into a sideways trend, making return-oscillating movements in the range of 108.75-110.00 the second week in a row. The week ended with the pair being close to the beginning of the week, in the horizon, which can be called Pivot Point in the first half of May - 109.40;

- Cryptocurrencies. Experts expected the bitcoin to grow above the 10.300 mark, and the pair BTC/USD did, from the very beginning, go up, but could not even reach 10,000. Having reached the mark of 9,950, it turned and rolled down. the fall was accelerated by the Mt.Gox sell-off and by the statements of two super-billionaires - the head of Berkshire Hathaway Warren Buffett and the Microsoft founder Gates.
The Japanese crypto-exchange Mt.Gox sold bitcoins worth more than $ 70 million, and the market immediately responded to it by a large-scale correction. Things were made even worse by Warren Buffett, who said that cryptocurrencies would end badly, and Bill Gates, who called bitcoin one of the most speculative things in the world. As a result, the pair fell below a very strong support level of 8.620 on Friday, May 11.
ETH/USD and XRP/USD could not achieve their goals either. it was only the LTC/USD that fulfilled the task, reaching the height of 183.75. But it could not resist the general crypto market trend, and, having made a quick U-turn, went down following the "colleagues", falling to the lows of the last few weeks in the area of 135.00.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- EUR/USD. More than 70% of experts, supported by graphical analysis on H4 and D1, as well as indicators on H4, expect the pair to continue to grow, which it started to do in the middle of last week. The nearest target is zone 1.2050-1.2100, the next one is 1.2215. Less than one third support the bears this time, but trend indicators on D1 and 15% of oscillators, indicating the pair is overbought, agree with them. In case they win, the pair can return to the horizon 1.1800. The next support is at the level of 1.1715;
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fnordfx.com%2Fdata%2Fposts%2F2018%2F05%2F13%2F1526205984_EURUSD_14.05.2018.png&hash=30a7622aec2062589ef254c6063b17d0)

- GBP/USD. Considering that the pair has already fully worked out the reversal pattern "double top", most analysts (60%) vote for the pair's growth. This script is also supported by graphical analysis. Signals that the pair is oversold are sent by 20% of oscillators on D1 as well. The nearest resistance is 1.3625, the target is 1.3765.
As for the remaining 40% of experts, in their opinion, the pair could fall to the level of 1.3450, and, in case of its breakdown, 150 points lower, to support 1.3300;

- it is impossible to form any consensus on the future of USD/JPY at the moment. Both the opinions of analysts, and the indicators' readings are divided approximately equally: one half are for the growth, one half are for the fall of the pair. As for the graphical analysis, it indicates a further decrease in the pair to the lower boundary of the two-week lateral channel 108.75-110.00 both on H4 and D1. Having reached it, it is quite possible that the pair will turn around and go up to the level of 110.00. This can happen before the end of May, and it is already 70% of experts who agree with this;   

- Cryptocurrencies. At the end of Friday, May 11, the pair BTC/USD was slightly below the lower boundary of the three-week side corridor 8.620-9.955. Many analysts believe that if the week does not receive another portion of negative news, the pair will return to the borders of this channel.
However, a number of experts believe that the bitcoin will continue to fall, and in this case it can find a local bottom at the level of 7.720. The pair will be able to get back to the marks around 10,000 only by the very end of May.
Analysts expect downtrends to continue during the coming week for the rest of the currency pairs: ETH/USD, LTC/USD and XRP/USD. However, this correction, in their opinion, will be temporary, and all the pairs are expected to return to the highs of the first week of May, by the end of the month.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on May 20, 2018, 03:02:27 PM
Forex Forecast and Cryptocurrencies Forecast for May 21 - 25, 2018


First, a review of last week’s forecast:

- EUR/USD. Recall that about 70% of experts expected that the pair would rise at least to the height of 1.2050. However, the bulls' strength dried up before it approached the level of 1.2000, where the initiative was intercepted by the bears. Trend indicators on D1 and 15% of the oscillators sided with them, giving signals that the pair was overbought. As expected, the pair was quick to reach the horizon 1.1800, and then moved further down, having touched the local bottom at the level of 1.1750;

- GBP/USD. This pair moves in a fairly narrow side corridor for the second week in a row. Most analysts (60%) voted for its growth last week. But, having gone 65 points to the north, the pair turned around and, as was expected by the remaining 40% of experts, dropped to the support of 1.3450, near which it met the end of the session, having lost only 75 points during the week;

- 70% of experts predicted that the pair USD/JPY would rise to 110.00 by the end of May. But it was much ahead of expectations, having reached this level of resistance already on Tuesday, May 15. After that, turning it into a support, the pair went another 100 points higher. Then it lost 25 points and finished the five-day period at the level of 110.75;

- Cryptocurrencies. Some analysts believed that the BTC/USD pair should return to the borders of the three-week side corridor 8,620-9,955, and on May 14 it reached the level of 8,850. However, it didn't manage to gain a foothold at this level, and soon the pair retreated to the values of the beginning of the week in the zone 8,000. In general, the week was quite calm for other major cryptopairs: the Litecoin as well as the Ethereum and the Ripple completed it almost in the same place where they started.


As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:

- EUR/USD. 60% of experts predict the movement of the pair to the east along Pivot Point 1.1800. Graphical analysis on D1 also draws a side channel, indicating the boundaries as 1.1750-1.2000. 15% of the oscillators also indicate a certain growth of the pair, giving signals that it is oversold.
The remaining 40% of analysts expect the continuation of the downtrend. Support is at the levels of 1.1700, 1.1665 and 1.1585.
Talking about important events of the upcoming week, we should pay attention to the meeting of the FRS Committee on Open Markets on Wednesday, May 23, the ECB meeting on monetary policy on Thursday, May 24 and the speech of the head of the US Federal Reserve, J. Powell, on Friday, May 25.
(https://nordfx.com/data/posts/2018/05/20/1526821917_EURUSD_21.05.2018.png)

- GBP/USD. The experts' opinions are divided almost equally: 35% are for the growth of the pair, 35% are for its fall and 30% vote for the continuation of the lateral trend.
As for graphical analysis, it also predicts lateral movement in the range 1.3450-1.3615 on both H4 and D1, after which a powerful collapse and the transition of the pair to 1.3300 zone is expected to follow.

- USD/JPY. 65% of experts, 95% of trend indicators and 90% of oscillators, as well as graphical analysis on D1 expect the continuation of the uptrend. The nearest goal is the height of 112.00, the next one is 100 points higher.
35% of analysts have voted for a decline, supported by 10% of the oscillators, which signal that the pair is overbought. Graphical analysis on H4 does not exclude the possibility of temporary correction down to the horizon of 109.85;

- Cryptocurrencies. The main forecast of stock exchange experts on the BTC/USD pair assumes the growth of bitcoin in an effort to reach $10,000. Support is at the levels of 8,100 and 7,900. As for the oscillators, there is no unity among them. For example, MACD on H4 demonstrates a small divergence with a price chart, which indicates the possibility of the growth of the pair. On the other hand, the indicator of trading volumes MFI (Money Flow Index) on H4 is in the overbought zone and looks to the south. On D1, the picture is exactly the opposite. 
As for other cryptopairs, analysts believe that their correction is completed, and now they will strive up, following the bitcoin. Ethereum (ETH/USD): the nearest target is 740.00, the next one is 835.00, the support is 635.00. Litecoin (LTC/USD): the goals are 150.00 and 180.00, the support is in the area of 130.00. Ripple (XRP/USD): the target is 0.8850, the main support is 0.6140.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

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Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on May 27, 2018, 10:53:32 AM
Forex Forecast and Cryptocurrencies Forecast for June - August 2018


Traditionally, summer is the time when business activity slows down: VIPs are basking in the sun on their snow-white yachts, the heads of the Central Banks leave the boring offices, setting important tasks aside for the autumn, and they are followed by ordinary traders who get a break. However, even the summer months can present surprises. Suffice it to recall the referendum on the withdrawal of the UK from the EU in June 2016, the results of which literally shocked all the stock and financial markets.
Such breaking news is not expected in the coming three months, but some events will be able to exert a strong, if not decisive, influence on the formation of exchange rates and trends.

- EUR/USD. Most likely, the ECB will send a signal in summer about its intention to end this year with a super-soft policy of buying up assets. This will happen, most likely, either after the meeting on June 14, or July 26, because the next meeting will happen in autumn. The intention to finish with the quantitative easing program (QE) and go into a new phase of development has been repeatedly stated by the heads of European Central Banks - by the head of the Bank of France Villeroia de Gallo, and the management of the German Bundesbank, and the head of the Bank of Lithuania Vitas Vasiliauskas.
As a result, despite the fact that the Euro can still continue to decline for some time, the markets are already prepared for a trend change. And if after one of the mentioned meetings the statements of the ECB Head Mario Draghi contain hawk notes, the Euro will immediately fly up.
More than 60% of the polled experts agree with this scenario at the moment, they believe that the pair EUR/USD will definitely return to the highs of 2018 in the zone 1.2400-1.2555 by September.
10% of analysts are still undecided, and about 30% of experts have voted for the further strengthening of the dollar. This, in their view, will be facilitated by the further raise of the interest rate by the US Federal Reserve against the backdrop of the ECB's muffled rhetoric. The bears' supporters expect the Fed to raise the rate by another 0.5% in the next six months, which will lead to a fall of the euro to the last September's low in the zone 1.1550. Moreover, such a decrease may occur in the near future, far outstripping the real actions of the Fed.
If we talk about technical analysis, its forecasts are more modest. It predicts a fairly low volatility and fluctuations of the pair in the corridor 1.1600-1.2000 for the beginning of the summer. Oscillators also expect correction upwards after 700 points of fall. So, a quarter of them are already signaling that this pair is oversold on the daily and weekly timeframes.

- GBP/USD. The pound continues to be pressured by uncertainty and disagreement with the European Union regarding the Brexit, as well as the absence of any changes in the monetary policy of the Bank of England. Starting from April 17, the pound has already lost more than 900 points and, if you look at the readings of graphical analysis and indicators, it does not intend to stop there.
So, the graphical analysis on D1 assumes that, having beaten off from resistance 1.3455, the pair can sharply go down, reaching the bottom at the level of 1.3065. And in case of the breakdown of this support, it can fall another 300 points lower - to the horizon 1.2765.
However, only 35% of experts support this development, 10% are neutral and 55% are confident that, starting from the middle of summer, the pound will start to gain strength and the pair will rise at least to 1.4000-1.4100. In this case, we must take into account that as of now, only one out of ten oscillators indicates that the pair is oversold.

- USD/JPY. It is clear that almost all trend indicators and oscillators on D1 and W1 are painted green. Only 10% of oscillators say that this pair is overbought.
It is necessary to pay attention to the fact that the pair has returned to the boundaries of the side channel 108.25-114.70, along which it has moved starting from the beginning of 2017. It broke through the lower boundary of this corridor in mid-February 2018, but now it has again approached its Pivot Point. Perhaps this is the reason for the divergence of opinions among experts: a third of them are for the movement of the pair to the north, a third vote for the east and a third think it will go to the south.
We can conclude from the above that the pair will stay in this range for the nearest months, which is confirmed by graphical analysis. At the beginning of summer, it expects the pair to move in the range of 108.25-112.00, after which the pair can go up to resistance 114.70.
(https://nordfx.com/data/posts/2018/05/27/1527403722_USDJPY_Summer_2018.png)

- Cryptocurrencies. We should remind you once again that, due to the fact that the cryptocurrency market is thin and has increased volatility, digital currency rates can be strongly influenced not only by the decisions of various regulators, but also by the statements and actions of private companies and newsmakers of this industry.
For the pair BTC/USD, experts expect growth to the height of 11,750-12,980 by the middle of July, after which it is expected to roll back - first to the horizon of 10,000, and then, possibly, to the support of 7,160.
Analysts expect about the same dynamics for other cryptocurrencies included in the TOP-10 in terms of capitalization. So, it is not excluded that the pair ETH/USD will overcome the mark of $1000 for 1 coin in July, then it will return to the values of May in the $650 area.
LTC/USD. The pair will try to approach the height of $200 for a litecoin, then it will roll back to $140.
The immediate goal of the pair XRP/USD is to return to zone 0.8850. If it is reached, the next height is 1.0000, after which the rollback to the values in the region of 0.6300-0.7000 is expected.



Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

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Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on June 03, 2018, 02:57:53 PM
Forex Forecast and Cryptocurrencies Forecast for June 04-08, 2018


First, a few words about the behavior of the major currency pairs and cryptocurrency pairs over the past week:
 
- EUR/USD. The behavior of this pair at the beginning of the week was determined by the fear of the players over possible political changes in Italy. As a result, the pair dropped to the values of a year ago, closely approaching the 1.1500 mark. However, the situation in the eurozone eventually entered a calmer channel, the Italian populists agreed on the composition of the government, and the dollar gradually began to lose its positions. Against this background, the euro managed to win back about 215 points from the "American", and even the positive data on the US labor market on Friday (NFP increased from 159K to 223K) could not fundamentally change the situation. As a result, the pair completed the five-day period almost in the same place, where it started, in the zone of 1.1660;
 
- The dynamics which are similar to the previous pair were demonstrated by the pair GBP/USD. First it fell to the level of November 2017, but the support in the 1.3200 zone was invincible for it, and the pair went up to the height of 1.3345. Then the bears started to counter attack, but after a short struggle, the victory was with the bulls. As a result, the pair managed to gain a foothold above a fairly strong level of the last two weeks - 1.3300, and completed the week at 1.3345;
 
- USD/JPY. At the beginning of the week, the yen continued its growth, but then began to lose positions. And this was despite the fact that the index of business activity in the manufacturing sector in May increased slightly. It is possible that the fall of the yen is due to the actions of the Central Bank of Japan, which reduced the purchases of government bonds for the first time since August 2017. The result of a week-long contest of bulls and bears is a draw, the end of the trading session was met by the pair at 109.52;
 
- Cryptocurrencies. If you compare the graphs of the bitcoin and major altcoins, they quite accurately repeat the movement of major currency pairs: a fall in the first half of the week and a return to the starting positions, in the second one. The capitalization of the crypto market as a whole has not practically changed either and is $330 billion.
 

As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:
 
- EUR/USD. Both the oscillators and the trend indicators on H4 took a neutral position, while on D1, they still recommend selling the pair. As for analysts, they mainly focus is on the "trade wars" of the United States and news about the introduction of customs duties on the import of aluminum in relation to the EU countries, Mexico and Canada now. In this regard, most of them (55 %) tend to the fact that the pair can climb to the zone 1.1800-1.1830. At the same time, graphical analysis on H4 specifies that afterwards it is not ruled out to go down to support in the area of 1.1600.
In the longer term, the number of bull supporters among experts increases to almost 70%, and the targets are indicated at heights of 1.2000 and even 1.2200. As for the bears, in their opinion, the pair will not be able to overcome the resistance at 1.1800 and the seven-week long downtrend will continue;   
 
- GBP/USD. Indicators for this pair are very similar to those for EUR/USD. Experts' opinions do not differ too much either, 60% of them expect that the pound will be able to rise to 1.3420, and, in case of its breakdown, reach the zone 1.3500. The next resistance is 100 points higher.
However, the problems of Great Britain connected with the withdrawal from the EU have not disappeared. And, in case of negative economic news, the pound will continue its decline, reaching a local bottom in the zone of 1.3085. Graphical analysis on D1 agrees with this scenario, pointing to another support at 1.2900;
 
- USD/JPY. We talked above about the reduction of bonds purchase by the Central Bank of Japan. The market is only assessing the situation so far, but the big players may well decide to move the yen further down. Moreover, some of the high-ranking Japanese officials already express clear concern about the possible escalation of trade wars into the Land of the Rising Sun as well.
In the meantime, the opinions of both analysts and indicators have been divided into three almost equal parts - one third are for the fall of the pair, one third are for its growth and another third support the sideways trend. Supports are at the levels of 108.95, 108.65 and 107.50. Resistances are 110.00, 110.45 and 111.10;
 
- Cryptocurrencies. The analysis of the market shows that not only the digital currencies themselves are subject to collapse, but also the participants of this market. For example, the OKCoin crypto-exchange, which occupied the first place two years ago, is now in the 188th place. In general, during this time, 8 out of 10 crypto market leaders have lost their positions.
The launch of the futures for cryptocurrencies, as well as pessimism of institutional investors has had a negative impact both on the current dynamics and on forecasts. As a result, most likely, we should not expect the same take-off of the exchange rate of virtual money, as we saw in June last year.
Now, almost all major crypto-pairs are repeating the movements of their leader - BTC/USD, which, while reducing volatility, continues to consolidate around the horizon 7,150.
If we follow the theory of graphical analysis, we now see the formation of a figure called Pennant. However, the direction of the further breakdown obviously depends not on the Forex theorists, but on the decisions and actions, primarily of the major regulators.
In the case of a rebound upward, one can expect the bitcoin to move to the height of 11,700. The start for this will be the return of the pair BTC/USD to the zone above 9,000. In case of negative developments , we will soon see the bitcoin in the 5,000-6,000 zone. In the upcoming week, most likely, the bitcoin will test the support in the zone 7,025-7,200.
(https://nordfx.com/data/posts/2018/06/03/1528024638_BTCUSD_04.06.2018.png)
As for the altcoins, as already mentioned above, the Ethereum (ETH/USD), the Litecoin (LTC/USD), and the Ripple (XRP/USD) will most likely follow the bitcoin in the near future without taking any independent action.



Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

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Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on June 04, 2018, 11:06:54 AM
RAMM: Low Risk, High Reward


In early June 2018, NordFX launched a new trading and investing service, which allows traders to enjoy another benefit of additionally acting as investors and/or managers of their RAMM account.

RAMM (Risk Allocation Management Model) is a brand new and unrivalled investment model based on modern risk management principles. It incorporates the best features of PAMM accounts and signal auto-copying services, whilst also possessing a number of distinct advantages and aspects.

(https://nordfx.com/data/posts/2018/06/04/1528101835_RAMM_relise.png)

This service allows traders to simultaneously do the following from just one RAMM account:
- invest in several trading strategies, automatically copying the trading signals of one or several RAMM-managers,
- create a personalized trading strategy, in which traders will act as RAMM-managers.

Thus, NordFX clients can, besides trading as usual on the MetaTrader 4 platform, secure two more sources of income, performing the following roles at the same time:
- being an investor,
- being a RAMM-manager.

Another important difference between RAMM and its counterparts is the security of the investor's funds: in RAMM, investors determine the level of capital protection themselves. Should the drawdown reach a specified level, trading on the account automatically ceases. Therefore, any concerns that all money may be lost due to the manager’s mistake are eliminated. Risk control is completely automated.

Any NordFX client can open a RAMM account. A minimum $50 deposit is needed to become a manager, and a minimum $10 deposit is needed to become an investor.
Trading with leverage of up to 1:1000 is possible for all trading instruments; these include 33 currency pairs, 6 cryptocurrency pairs, gold and silver.

You can get more detailed information about the RAMM service in the corresponding page of our website at
https://ramm.nordfx.com (https://ramm.nordfx.com).

#eurusd #gbpusd #usdjpy #forex #signals_forex #PAMM #RAMM #cryptocurrencies #bitcoin
Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on June 10, 2018, 09:17:43 AM
Forex Forecast and Cryptocurrencies Forecast for June 11-15, 2018

First, a review of last week’s forecast:
 
- EUR/USD. The basic forecast for this pair, supported by the majority of analysts, assumed its growth to the zone of 1.1800-1.1830. The pair went up indeed, fixing the week's high at 1.1839. So, taking into account the standard backlash, the forecast turned out to be absolutely correct. A rebound followed, and, as a result, the pair completed the trading session at the horizon 1.1770;

- GBP/USD. The forecast for this pair was very similar to that for the EUR/USD. 60% of experts had expected that the pound could rise to the level of 1.3420, and, in case of its breakdown, reach the zone 1.3500. It actually happened so - on Thursday, June 08, having broken the resistance of 1.3420, the pair briefly managed to rise to the height of 1.3470, then the bulls' strength dried up, and the pair met the end of the week 70 points lower - in the zone 1.3400;

- USD/JPY. Recall that last week the opinions of both analysts and indicators were divided into three almost equal parts - one-third voted for the fall of the pair, one-third were for its growth and another third voted for the sideways trend. And, as is often the case in such situations, everyone was right: the pair first grew to 110.25, then fell back to support 109.20, then again grew up and completed the five-day period almost in the same place where it started, in the zone of 109.55;

- Cryptocurrencies. As was said earlier, almost all major cryptopairs have been recently repeating the movements of their leader, BTC/USD. And the bitcoin, in turn, draws the Pennant and, constantly reducing volatility, continues to consolidate in the horizon area slightly above 7,000. So, if you look at the chart of D1, it is clearly visible that this "father" of all virtual currencies moved strictly horizontally in an extremely narrow corridor 7.345 - 7.730 for the whole week. It was followed in the sideways trend by all the major altcoins, and the attempt of the Ethereum and the Litecoin to break away from the leader and break through up at the beginning of the week, was unsuccessful, as expected. As a result, they returned to the initial levels: the Ethereum to around $600 per coin, and the Litecoin to $118.
 

As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:
 
- EUR/USD. President Donald Trump's opponents must be very upset - to their great disappointment, his economic policy brings positive results: the number of jobs in the US in 2018 grew by more than a million, the inflation reached the Federal Reserve's target of 2%, the trade deficit is declining, and the gross domestic product is growing. All this leads to the dollar strengthening, which plays against American importers, and it also leads to the discontent among the financial elites of many countries whose currencies have now reached the historic lows.
As a result, the overwhelming majority of experts (65%), supported by graphical analysis on H4 and D1 and 70% of oscillators, believe that the correction which started last week, will continue, but the pair's growth will be limited by the resistance in the zone of 1.2000. (In case of a breakdown when the pair fixes above, the next target is 100 points higher).
As for the supports, the main ones are located at the levels of 1.1650 and 1.1570;
(https://nordfx.com/data/posts/2018/06/10/1528607317_EURUSD_11.06.2018.png)

- As for the pair GBP/USD, the correction to the level of 1.3615 is expected to continue by 65% of analysts. The next resistance is at the height of 1.3700, however, only 45% of experts vote for such growth. Graphical analysis on D1 also believes that the correction will be completed in the zone 1.3615, after which the pound sterling will continue its decline. The support levels are 1.3200, 1.3125 and 1.3040;

- But as for the Japanese yen, according to the readings of graphical analysis, on the contrary, it should strengthen its position. As a result, the pair USD/JPY may fall to the level of 108.00. However, only 40% of experts agreed with this scenario, 50% supported the growth of the pair, and another 10% are for the sideways trend. The oscillators do not have obvious signals either - on H4,most of them side with the bears, and on D1 the advantage is smoothly passed to the bulls. Resistances are at horizons 110.25 and 111.40;

- As for the main cryptocurrencies, their extremely low volatility does not allow us to speak of any stable trends emerging. And we are talking not only about the short-term forecast, but also about the forecast up to the end of this year. Thus, many analysts predict a gradual drying up of this market and a decrease in its capitalization. In this regard, the most likely target for the bitcoin for December 2018. is named as12,500 instead of previously announced 15,000.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

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Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on June 13, 2018, 09:59:54 AM
Evolution of Cryptotrading. NordFX: Professional Level Exchange for Everyone


Dear Traders, we are pleased to announce the launch of a new system of trading crypto currencies in all types of accounts. This system is a peer-to-peer trading system where clients trade exclusively with each other using the familiar MT4 terminal. The trading system is completely transparent - each limit order is visible to all bidders.
 
Spreads are set by the market - by deferred limit orders, as when trading on a crypto currency exchange. Commissions are divided into 2 types:
1.  Commission Maker for limit orders, which increase the depth of the market. It is negative and equals to -0.02% of the transaction volume, that is, it is paid to the trader when executing the order.
2. Commission Taker for orders on the market and stop orders decreasing the depth of the market. This commission is the lowest in the market and is 0.09% of the transaction volume.
 
Thus, now you can earn by setting limit orders inside the spread, both on the difference in buy and sell prices, and on the Maker Commission paid. Or, if the Market Maker's work is not for you, continue to trade as before, executing orders immediately at the best prices that other participants provide.
 
Marginal requirements remain rather low, for example, to open a position of 1 bitcoin (1 lot) it will take only $300.
 
At present, 14 crypto currency pairs are available, consisting of the most popular cryptocurrencies to the US dollar. We also offer trading 4 indices, which combine different groups of cryptocurrencies.
 
You can find more detailed information on the pages of the accounts specifications.
 
For the FIX account https://nordfx.com/trading_account_fix.html (https://nordfx.com/trading_account_fix.html)
For the PRO account https://nordfx.com/trading_account_pro.html (https://nordfx.com/trading_account_pro.html)
For the ZERO account https://nordfx.com/trading_account_zero.html (https://nordfx.com/trading_account_zero.html)
 
Also, you can get your questions answered by our Support service.

https://nordfx.com (https://nordfx.com).

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Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on June 18, 2018, 10:03:26 AM
Forex Forecast and Cryptocurrencies Forecast for June 18-22, 2018


First, a review of last week’s forecast:
 
- EUR/USD. Billionaire George Soros is confident that further strengthening of the dollar will lead to a new financial crisis. At the same time, 10 out of 60 analysts interviewed by Reuters believe that the growth of the US currency will be completed within a month, 35 are confident that the strengthening of the dollar will last at least until the fall, and another 15 give the USD growth until the end of the year. Experts from ABN Amro are among the latter, they believe that the euro should fall to the level of 1.1000, and only then, in 2019, it will be able to restore some of the lost ground.
Interestingly, the decision of the US Federal Reserve to raise the interest rate to 2%, which was announced last week, did not surprise anyone. The information that this year should expect two more similar increases, and three in the future did not cause a stir either. The euro quickly recovered and, moreover, demonstrated growth against the background of these events to the level of 1.1850.
But the ECB's decision to extend the quantitative easing (QE) regime instantly dropped the euro against the dollar by more than 300 points. Our experts had named the level 1.1570 as the main support zone, to which the EUR/USD did rush. Due to the unusually powerful bearish impulse, by inertia, it even dropped 30 points lower, however, after coming to its senses, it soon turned around and completed the trading session at 1.1610;

- 65% of analysts expected further correction of the GBP/USD to the level of 1.3615, after which it had to resume its movement to the south. However, the pair could not rise even above the level of 1.3445 and rushed down again, trying, as on May 29, to break through support in the zone of 1.3200. And, just like in May, the attempt failed, after which the pair returned to zone 1.3280;

- USD/JPY. 50% of analysts supported the growth of this pair, referring to the horizons as 110.25 and 111.40 as resistance, between which, at 110.60, it completed the five-day period;
 
- Cryptocurrencies. In recent days, following their leader bitcoin, almost all of them have broken through important support levels and moved further south, testing new horizons. Thus, BTC managed to break through supports of $7,125 and $7,000 and reached a weekly low of $6,110 on June 14, then it managed to win back about 7% and rise to $6,575. Similar dynamics were demonstrated by the remaining virtual currencies included in the TOP-10 market capitalization.
Since the beginning of the year, the crypto market capitalization has decreased by 44.3% (from $611 billion to $340 billion). Just over the night of 10 to 11 June, the market shrank by another $25 billion. Many traders and analysts tried to explain this collapse by the Coinrail exchange in South Korea being hacked, but in reality, it lost only $40 million, so the theft was most likely just an excuse for another lowering the price of crypto-coins.
 

As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:
 
- In addition to the extension of the QE program mentioned above, the ECB's decision to leave the benchmark interest rate at a record low of 0%, and the deposit rate at -0.4%, also exerts strong pressure on the euro. It was also stated that these rates will not be raised "at least until the summer of 2019". At the same time, Mario Draghi admitted that the economy of the Eurozone in 2018 will not return to the forecasted level of growth.
All this, coupled with the success of President Donald Trump's economic policy, creates significant prerequisites for the further strengthening of the dollar. That's why 65% of experts expect that in the coming week the EUR/USD will test the level of 1.1500 and, if successful, could drop another 100 points lower. 90% of the oscillators on H4 and D1 also agree with this development,
As for the remaining 35% of experts, in their opinion, the pair still has chances to return to zone 1.1825, but the likelihood of such a development will depend on what the ECB Head Mario Draghi and the Fed, J. Powell, will say in their statements earlier this week;
 
- it is clearly visible on the GBP / USD chart that the pair moves in the lateral channel 1.3200-1.3470.for the fourth week in a row. At the same time, 60% of analysts believe that, following the euro, the British pound will also continue its decline. In their view, the pair GBP/USD may as well break through the lower boundary of this channel and move to the level of 1.3050-1.3200. This scenario is supported by graphical analysis on D1 and the absolute majority of indicators.
An alternative point of view, represented by 40% of experts, suggests the movement of the pair in the side corridor 1.3200-1.3345. The next resistance is in the zone is 1.3400.
On Thursday, June 21, the next meeting of the Bank of England should take place. However, with a high probability, it will not present any surprises, so it is not worth it to expect serious exchange rate jumps at this moment;
(https://nordfx.com/data/posts/2018/06/17/1529243099_GBPUSD_18.06.2018.png)

- a day earlier than their British counterparts, the Committee on Monetary Policy of the Bank of Japan will hold a meeting. As for the experts, two-thirds of them cautiously support the small growth of the pair USD JPY to the area of 111.00-111.50. The next resistance is 112.00.
This time, a third of analysts, graphic analysis on H4 and D1, as well as 20% of oscillators, side with the bears, signalling the pair is overbought. In case their scenario turns out to be correct, the pair is expected to decline first to support 109.40, and then, possibly, further - to levels 109.00 and 108.50;
 
- Most of the forecasts for basic cryptocurrencies can be reduced to just two sentences: 1) in the near future they will continue to fall, and 2) they should grow in the long term. For example, according to the forecast of Fundstrat Global Advisors analysts, the bitcoin can fall to the level of $ 3,250. However, even this, in their opinion, "will not break the long-term ascending trend of the first cryptocurrency".
The closest target for BTCUSD, according to the founder of Onchain Capital Ran Neuner, is the level of $5,900. The optimistic part of his forecast is that "if the price of the bitcoin reaches 20, 40 or 80 thousand dollars within a few years, then no one will be worried about whether it was bought for $6,000 or $6,500. Only traders working on a scale of less than a year should be concerned about the current drop in the market price. "The only thing that the expert didn't specify is when this long-awaited take-off to 80,000 takes place.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

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Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on June 24, 2018, 11:37:45 AM
Forex Forecast and Cryptocurrencies Forecast for June 25-29, 2018


First, a review of last week’s forecast:
 
- EUR/USD. Most experts (65%) expected the pair to make an attempt to break through the 1.1500 support, which actually happened. However, the attempt failed, the bears' strengths weakened and, against the background of a temporary lull in the trade war between the US and China, the dollar lost about 160 points to the euro, pushing the pair to the PivotPoint zone of the last six months and finishing the five-day period at 1.1657;
 
- 60% of analysts spoke in favor of the fact that the GBP/USD could break through the lower boundary of the four-week channel 1.3200-1.3470 and fall to the horizon 1.3050. This forecast was correct: on Tuesday, June 19, the pair was below the support of 1.3200, and on Thursday, June 21, it reached the level of 1.3100. However, then the Bank of England presented a small unexpected surprise. Instead of the projected 2 votes against 7, the interest rate increase received 3 votes. Of course, this did not bring any basic changes, but the bulls understood such a result as a hint of a possible rate hike in August and began to push the pound up. As a result, by the end of the week session, the pair was able to rise to 1.3260;

- USD/JPY. The results of the previous week showed once again that signals of even a small part of oscillators should be taken into account. So, this time 20% of the oscillators signaled the pair was overbought. They were supported by a third of analysts and graphical analysis on H4 and D1, indicating the main support in the zone 109.40. Taking a standard backlash into account, this forecast turned out to be absolutely accurate: the pair reached the local bottom at 109.54 on Tuesday, after which it rebounded up to a height of 110.75, and then returned to the main medium-term support/resistance line in the 110.00 zone;
 
- Cryptocurrencies. Back in early June, the total capitalization of this market was $330 billion, now it is $283 billion, that is, in just a few weeks the market was "blown away" by about 15% (more than 50% since the beginning of the year).
If you look at the BTCUSD chart, you can observe the same picture for the seventh week: strained bulls' attempts to raise the pair up, and then a weekly sharp collapse, which negates all their efforts. As a result, having fallen to the level of $5,925, the bitcoin has reached the minimum of February 6, 2018.
It really does not make sense to talk about the reasons for such falls now - whether this is a negative decision of yet another regulator, or hacking of yet another exchange. All these are just reasons to "sink" the rate of the main crypto currency by another few hundred dollars. Altcoins included in the TOP-10 in terms of capitalization - etherium, ripple, litecoin and others, - obediently follow the bitcoin down, adversely affecting the mood of the market.
 

As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:
 
- as for the economic data, which can continue pushing the EUR/USD upwards, we can note only a slightly noticeable growth of the Eurozone composite PMI index. Apparently, this is the reason why 55% of experts give only a very cautious forecast, indicating the zone 1.1725-1.1750 as a target. The vast majority of indicators on H4 are also painted green, but it is already 15% of the oscillators that indicate that the pair is overbought.
The remaining 45% of analysts are sure that the growth of the euro is a temporary phenomenon, and the pair will once again test the level of 1.1500, and in case of its breakdown it will drop 100 points lower.
But the graphical analysis on D1 offers a compromise option: first the pair's fall into the zone 1.1450-1.1500, and then its growth to the height of 1.1840;
 
- the main trend for the GBP/USD so far is formed by the chief economist of the Bank of England Andy Haldane, who gave his vote on Thursday for raising the interest rate. In addition, the regulator has given a positive assessment to the British economy as a whole and indicated a readiness to reduce the balance after the rate rises to 1.5% (against 0.5% of today). Such "hawkish" statements led to the fact that 65% of experts expect the continuation of the uptrend and the pair's transition to the zone 1.3350-1.3450.
The remaining 35% of analysts seem to belong to the conspiracy theorists and believe that all statements of the regulator are only attempts to support the rate of the pound, which has lost more than 1,000 points since April. Proceeding from this, these experts believe that the fall of the pair will continue and it will reach the level of 1.3100 in the near future. The next support is 100 points lower.
 
- As for the pair USD/JPY, the opinions of analysts were divided equally - half are for the growth of the pair, half are for its fall, and both indicate a decrease in volatility. The support levels are 109.85 and 109.50, the resistance is 110.25 and 110.60. The graphical analysis on H4 agrees with the experts, indicating a gradual consolidation in the 110.10 zone.
It should be noted that about 15% of the oscillators indicate the pair is oversold, suggesting the correction of the pair up in the near future.
 
- Cryptocurrencies. It seems that the critical time is approaching, when market makers will have to decide whether the bitcoin should continue falling, or the trend should turn upwards.
If the BTC/USD confidently passes the support in the $5,900-6,100 zone, it is highly likely that after some time it will be seen near the horizon $4,300, where it stayed for a long time in last August-September.
If this support proves invincible, the bulls will do their best to bring the bitcoin back to the May highs and maybe even reach the coveted mark of 10,000.
(https://nordfx.com/data/posts/2018/06/24/1529821171_BTCUSD_25.06.2018.png)
The struggle in the main virtual currencies market is expected to be serious in the near future, and in conditions of such uncertainty, it is possible that crypto traders should not wait for any obvious powerful trend to appear, but it makes sense to focus on intraday trading .And this concerns not only the bitcoin, but also all the basic altcoins.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

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Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on July 01, 2018, 04:19:11 PM
Forex Forecast and Cryptocurrencies Forecast for July 02-06, 2018


First, a review of last week’s forecast:
 
- EUR/USD. The forecast for this pair turned out to be almost 100% correct. Recall that we spoke of a slight increase to 1.1725-1.1750 (and the pair actually climbed to 1.1720), as well as its possible drop and another attempt to test the level of 1.1500 (on Thursday the pair dropped to the horizon 1.1525). In the end, while maintaining the balance between bulls and bears, it returned to the Pivot Point zone for the last one and a half months and completed the five-day period at the level of 1.1680;   
 
- GBP/USD. Thanks to the votes from the Bank of England, a positive mood prevailed in the analysts' camp last week - 65% of them expected a pair to rise above 1.3350. However, those 35% of experts who believed that all hawkish statements of the regulator were nothing more than an attempt to support the rate of the British pound, which had lost more than 1,000 points since April, turned out to be right. According to their forecasts, the pair was to fall into the zone of 1.3000-1.3100. That's exactly what happened: the local bottom was found exactly in the middle of the zone, after which the GBP/USD returned to 1.3200;

- USD/JPY. Once again, the oscillators turned out to be right - 15% of them pointed it was oversold, and that was enough for the pair to go up. At the same time, it stayed within the rather narrow monthly lateral channel 109.20-110.90, which confirmed the consolidation of the pair in the 110.10 zone;
 
- Cryptocurrencies. The forecast for BTC/USD said that if the pair confidently passes support in the $5,900-6,100 zone, with a high probability, after a while it will be seen near the horizon $4,300. And it was on June 28, that the bears decidedly went for a breakthrough. It seemed that the collapse was imminent, but when it reached $5,790, the pair first froze, and then jerked up on June 30, reaching a height of $6,525. As a result, over a day, bitcoin has grown by more than 10%, the reason for which was the mysterious large-scale purchase of BTC by an unknown investor, which occurred after the CME futures closed.
Many altcoins went into the growth. following bitcoin. The highest growth was demonstrated by Bitcoin Cash + 13% and Litecoin + 11%. The average growth of the top twenty cryptos was 7-10%.
 

As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:
 
 - Last week, the short-term growth of the EUR/USD was caused by the results of the EU summit and the agreement on migration issues reached. However, in the near future it is hardly possible to have a release of new economic data, which would push the pair EUR/USD further up. The publication of the data on the labor market in the United States (NFP) on Friday July 07 is of particular interest, but the information on the possible tightening of the Fed's monetary policy may be on the other side of the scale. As a result, according to 35% of experts, the pair will be able to stay in the side corridor 1.1500-1.1725.
At the same time, it is possible that it will still be able to break the upper boundary of this channel and rise to zone 1.1725-1.1825. This version is supported by 20% of analysts and graphical analysis on H4
The remaining 45% of experts, together with graphical analysis on D1 and 15% of oscillators signaling that the pair is overbought, believe that it will once again test the level of 1.1500, and in case of its breakdown it will drop by 100-150 points lower;

- A similar picture is drawn by graphical analysis for the GBP/USD as well: on H4, a rise to the level of 1.3300-1.3335, and a fall into the zone 1.2900-1.3100 on D1. 15% of the oscillators also agree with the latter scenario.
As for the experts' opinion, they are divided almost equally: 35% support the growth of the pair, 35% are for its fall and 30% favor the sideways trend.
We can assume from all of the above, that the pair will continue to move east along the horizon 1.3200, fluctuating in the range 1.3050-1.3325.
If we talk about a medium-term forecast, 65% of analysts have supported the growth of the pair to 1.3450-1.3615 zone, and only 35% have voted for its fall below the level of 1.3000. In the event that the head of the Bank of England, Mark Carney, directly or indirectly confirms the "hawkish" statements of his colleague Andy Haldane in his speech on Thursday, July 05, the pair's jump may be expected as early as this week;

- USD/JPY. Despite the fact that it is already 10% of oscillators on H4 and D1 that give signals that the pair is overbought, most experts (55%) still expect the pair to grow at least to the 111.45 horizon. And it is only after that, in their opinion, it can return to the support of 110.00. This development is supported by graphical analysis on D1, it warns that, if this level is broken through, the pair can very quickly drop another 100 points lower;
(https://nordfx.com/data/posts/2018/07/01/1530442649_USDJPY_02.07.2018.png)

- Cryptocurrencies. Seeing the latest jerk up of the bitcoin, the crypto world wondered: what was this? The long-awaited turn of the trend and the fulfillment of John McAfee's prophecy that bitcoin will cost $1 million per coin by 2020? Or just another trap? And, maybe, the IMF's Kenneth Rogoff was right, when he said that by the end of the year the rate of this forefather of virtual currencies will fall to some miserable $100?
Perhaps the answer to this question remains to be seen soon. For now, as the ancient Greek sage Skelef said, everyone sees what he wants. Analysts who are optimists say that if bitcoin confidently overcomes the level of $ 6,700, it will be a strong enough positive signal for the trend to change. As for the pessimists, we see the last breath of a dying coin. And if the pair BTC/USD is fixed below the horizon of $5,900, it is highly likely that after a while it will be possible to be seen about $4,300, and then even lower.


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

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Title: Re: NordFX - questions, comments, etc.
Post by: Stan NordFX on July 08, 2018, 12:18:45 PM
Forex Forecast and Cryptocurrencies Forecast for July 09-13, 2018


First, a review of last week’s forecast:
 
- EUR/USD. The forecasts of the majority of experts (55%) included the level of 1.1725, which the pair must have achieved this week. And this was what happened. Positive economic data from Germany as well as not the rosiest statistics from the labor market in the US (NFP declined by 12.7%), and the once again inflaming trade war between the US and China side with the Euro. As a result, the pair gradually, step by step, reached the height of 1.1765. Then a small correction followed, and it completed the trading session at the level of 1.1745;
 
- GBP/USD. Summarizing rather contradictory opinions of analysts and indicators, we assumed that the pair would continue to move to the east along the horizon 1.3200, making fluctuations in the range of 1.3050-1.3325. And, judging by the graph, this forecast turned out to be correct. Starting from 1.3200 mark on Monday night, the pair first fell to the level of 1.3093, then turned and went up, rising to the height of 1.3285.
The pound was once again supported by "hawkish" statements coming from the Bank of England, and the prospect of the interest rate raising. The growth of activity in the service sector of Great Britain also added optimism for the players;
 
- USD/JPY. The scale that determines the quotes of this pair, on the one hand has the super soft monetary policy of the Bank of Japan, and on the other - the trade wars raging on the continents, as a result of which more and more investors choose the currency of this island state as a refuge.
Proceeding from this, most experts, supported by graphical analysis on D1, expected the continuation of fluctuations in quotations and the struggle between bulls and bears. According to their forecast, the pair had first to rise to the horizon of 111.45 (it grew to 111.15), and then go down to support 110.00 (in fact it reached the level of 110.27). Then another cycle of fluctuations followed, and the pair completed the five-day period at 110.46, confirming its strive for consolidation in zone 110.10;
 
- Cryptocurrencies. After the jump on June 30, the pair BTC/USD continued to grow and managed to even reach $6,780, after which it rolled back down. Recall that the optimistic forecast for the past week said that if bitcoin confidently overcame the level of $6,700, it would be a strong enough signal to the long-awaited trend change. However, despite a significant growth, there has been no real breakthrough of this resistance, and the level of $6,600 can be considered as the Pivot Point of the last days.
Following the bitcoin, the Ethereum (ETH/USD) showed a certain growth, although the level of $485 can be considered the upper limit of a two-month down channel. And, in case of a rebound from it, the pair can fall to the price of 360 dollars per coin.
As for the Litecoin (LTC/USD) and the Ripple (XRP/USD), they moved into a sideways trend, ending the week in the same place where it started.
 

As for the forecast for the coming week, summarizing the opinions of a number of analysts, as well as forecasts made on the basis of a variety of methods of technical and graphical analysis, we can say the following:
 
- 60% of experts, supported by graphical analysis on D1, believe that the growth of the EUR/USD may continue, but it will be a small one. The level 1.1800 is named as the main resistance. The next resistance is 50 points higher. Next, during July, the pair again expects a decline to the support of 1.1500 and another attempt to break through it.15% of oscillators on H4 and D1 agree with this development of events, giving signals that the pair is overbought.
No "revolutionary" news is expected next week. However, we should pay attention to Thursday July 12. On this day data on the growth rates of industrial production in the Eurozone will be published, as well as statistics on the consumer price index in the United States. According to analysts, the rate of inflation in the US over the past month has accelerated, which could push the Fed to another interest rate hike and, as a result, render additional support to the dollar;
(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fru.nordfx.com%2Fdata%2Fposts%2F2018%2F07%2F07%2F1530984446_eurusd09072018.png&hash=946fd500ab85ee9c64ee55b3efb5dfaa)

- For the pair GBP/USD the graphical analysis on H4 and D1 draws a rebound from support 1.3225, growth to the 1.3400 zone and the subsequent sharp drop to the horizon of 1.3000. As for the experts, in the current situation they are waiting for news from the UK.
Thus, on Tuesday July 10 data on the growth rates of industrial production for May will be published, and if it turns out that the April recession is completely overcome, the pound may rise above the 1.3300 mark.
Another speech by the head of the Bank of England may provide support for the British currency on Wednesday July 11, if Mark Carney again talks about the forthcoming tightening of the monetary policy.
The government of Great Britain can play against the pound. In the near future, it must submit its draft agreement on Brexit to the EU, and if it does not contain any important aspects for the economy of the country, the pound may again be under serious pressure;
 
- USD/JPY. The trade war between the US and China is again in full swing. On July 6, the duties on imported Chinese goods mounting to 25% entered into force. Washington is expected to increase sanctions by another $200 billion, to which China threatens to respond by selling off US treasury securities.
Against this background, as already mentioned, there is a growing demand for the yen, as a safe shelter currency. The pair USD/JPY rose by about 6.7% over the past four months. As for the upcoming week, most analysts (60%) expect the continuation of its growth to the level of 111.40. The remaining 40% believe that the pair has moved to a lateral movement and will be held in channel 109.35-110.80. The next support is at the level of 108.65;
 
- Cryptocurrencies. The major question for the near future is whether the bitcoin continues its growth or rolls back. At present, it is clearly aiming at overcoming the $7,000 mark, and buyers are not leaving the market yet. However, even now indicators show that this cryptocurrency is overbought, and, in case of any negative news, the trend can very quickly turn from bullish to bearish, returning the pair to the June lows.
On the other hand, a number of experts predict the continuation of the growth of the BTC/USD, naming as one of the numerous reasons the comeback of many investors disappointed in altcoins to this cryptocurrency, the long absence of bad news, and, paradoxically, the low volume of trading. The latter means that the desperate have already left the ship, and those who wish to sell these coins are extremely few. There remain only those who, no matter what, are ready to keep the bitcoin either till the full victory or the complete collapse. That is why the optimists keep saying that by the end of the year BTC will cost at least $50,000 (Arthur Hayes, BitMEX), or at least $25,000 (Tom Lee, FundStrat).


Roman Butko, NordFX


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

#eurusd #gbpusd #usdjpy #usdchf #forex #forex_example #signals #forex #cryptocurrencies #bitcoin

https://nordfx.com/ (https://nordfx.com/)