Jump to content

Nordfx - Nordfx.com

Rate this topic


Guest Julia NordFX

Recommended Posts

Guest Julia NordFX

Generalized Forex Forecast for 22-26 June 2015

First, let’s review last week’s predictions:

- the forecast for the EUR/USD pair for the previous five days was based on the assumption of a monthly sideways trend in the range of 1.1050-1.1350 with Pivot Points along 1.1260. With that, the possibility of a rise at the start of the week was not excluded. Until Wednesday, EUR/USD followed the forecast to the letter but later, due to the news from the US Federal Reserve, it shot upwards, breaking through the level of resistance at 1.1350. Then, however, the pair quickly returned to the mentioned range and finished the week near its upper boundary;

- the analysts and the indicators were certain that GBP/USD would grow to 1.5680. Before that, according to graphical analysis, the pair was supposed to fall to the support level around 1.5440. That actually happened – on Monday the pair fell to 1.5487 and then went upwards, reaching the target upper boundary by Wednesday. Later on, the news from England and the USA started to actively push the British pound even higher, which resulted in the pair reaching the level of last December;

- despite the reports from the USA, the USD/JPY pair managed to remain in the mentioned range of 122.45-125.00 with the Pivot Point at 123.50, fulfilling the forecast 100%;

- in the standoff between the analysts and the indicators about the future of USD/CHF, the latter came out to be right, supported by graphical analysis. As predicted, the pair first went up and then dropped down, reaching the support level at 0.9250. Then, due to the very same news from the USA, the pair decisively broke through it and turned the support into the upper level of a sideways trend.

Now regarding the forecast for this week. Summarizing 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 put forward:

- the absolute majority of the experts tend to believe that EUR/USD will remain in the monthly sideways trend and thus will have to fall to its bottom boundary around 1.1200 and even further to 1.1160. Graphical analysis confirms this. The indicators are definitely (74%) against all of the above. Most likely, the pair’s movements early in the week will make it clear which of the forecasts should be trusted;

- the indicators show just one thing for GBP/USD – only an upward movement. The analysts, in turn, are again at a loss: ↑ – 33%, → – 12%, ↓ – 55%. Graphical analysis as an arbitrator supports the pair’s entering into a sideways trend and a fall to the levels of the beginning of May. Support will be around 1.5800 and 1.5740;

- most experts (60%), indicators (52%) and even graphical analysis agree that GBP/USD should first fall to 121.50-122.00 but their further forecasts diverge. Even with graphical analysis, there is an antagonism – the H4 timeframe clearly shows a rebound upward and a 122.00-124.50 sideways corridor while D1 pulls the pair further down to support at 120.00, the level off which the pair may rebound and rise even above 126.00;

- all forecasts of the experts regarding the USD/CHF pair continue to spin around 0.9250. At first, it was support, then became resistance, and now the experts consider it a Pivot Point. Yet the indicators propose a slightly lower Pivot Point around 0.9180-0.9200. In both cases the talk is about a sideways trend, the difference being that in the former case, the boundaries are set in the range of 0. 9080-0. 9390 while in the latter, upper resistance will be about 0.9250.

Roman Butko, NordFX

Link to comment
Share on other sites

Guest Julia NordFX

Generalized Forex Forecast for 22-26 June 2015

First, let’s review last week’s predictions:

- the forecast for the EUR/USD pair for the previous five days was based on the assumption of a monthly sideways trend in the range of 1.1050-1.1350 with Pivot Points along 1.1260. With that, the possibility of a rise at the start of the week was not excluded. Until Wednesday, EUR/USD followed the forecast to the letter but later, due to the news from the US Federal Reserve, it shot upwards, breaking through the level of resistance at 1.1350. Then, however, the pair quickly returned to the mentioned range and finished the week near its upper boundary;

- the analysts and the indicators were certain that GBP/USD would grow to 1.5680. Before that, according to graphical analysis, the pair was supposed to fall to the support level around 1.5440. That actually happened – on Monday the pair fell to 1.5487 and then went upwards, reaching the target upper boundary by Wednesday. Later on, the news from England and the USA started to actively push the British pound even higher, which resulted in the pair reaching the level of last December;

- despite the reports from the USA, the USD/JPY pair managed to remain in the mentioned range of 122.45-125.00 with the Pivot Point at 123.50, fulfilling the forecast 100%;

- in the standoff between the analysts and the indicators about the future of USD/CHF, the latter came out to be right, supported by graphical analysis. As predicted, the pair first went up and then dropped down, reaching the support level at 0.9250. Then, due to the very same news from the USA, the pair decisively broke through it and turned the support into the upper level of a sideways trend.

Now regarding the forecast for this week. Summarizing 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 put forward:

- the absolute majority of the experts tend to believe that EUR/USD will remain in the monthly sideways trend and thus will have to fall to its bottom boundary around 1.1200 and even further to 1.1160. Graphical analysis confirms this. The indicators are definitely (74%) against all of the above. Most likely, the pair’s movements early in the week will make it clear which of the forecasts should be trusted;

- the indicators show just one thing for GBP/USD – only an upward movement. The analysts, in turn, are again at a loss: ↑ – 33%, → – 12%, ↓ – 55%. Graphical analysis as an arbitrator supports the pair’s entering into a sideways trend and a fall to the levels of the beginning of May. Support will be around 1.5800 and 1.5740;

- most experts (60%), indicators (52%) and even graphical analysis agree that GBP/USD should first fall to 121.50-122.00 but their further forecasts diverge. Even with graphical analysis, there is an antagonism – the H4 timeframe clearly shows a rebound upward and a 122.00-124.50 sideways corridor while D1 pulls the pair further down to support at 120.00, the level off which the pair may rebound and rise even above 126.00;

- all forecasts of the experts regarding the USD/CHF pair continue to spin around 0.9250. At first, it was support, then became resistance, and now the experts consider it a Pivot Point. Yet the indicators propose a slightly lower Pivot Point around 0.9180-0.9200. In both cases the talk is about a sideways trend, the difference being that in the former case, the boundaries are set in the range of 0. 9080-0. 9390 while in the latter, upper resistance will be about 0.9250.

Roman Butko, NordFX

Link to comment
Share on other sites

Guest Julia NordFX

Generalized Forex Forecast for 22-26 June 2015

First, let’s review last week’s predictions:

- the forecast for the EUR/USD pair for the previous five days was based on the assumption of a monthly sideways trend in the range of 1.1050-1.1350 with Pivot Points along 1.1260. With that, the possibility of a rise at the start of the week was not excluded. Until Wednesday, EUR/USD followed the forecast to the letter but later, due to the news from the US Federal Reserve, it shot upwards, breaking through the level of resistance at 1.1350. Then, however, the pair quickly returned to the mentioned range and finished the week near its upper boundary;

- the analysts and the indicators were certain that GBP/USD would grow to 1.5680. Before that, according to graphical analysis, the pair was supposed to fall to the support level around 1.5440. That actually happened – on Monday the pair fell to 1.5487 and then went upwards, reaching the target upper boundary by Wednesday. Later on, the news from England and the USA started to actively push the British pound even higher, which resulted in the pair reaching the level of last December;

- despite the reports from the USA, the USD/JPY pair managed to remain in the mentioned range of 122.45-125.00 with the Pivot Point at 123.50, fulfilling the forecast 100%;

- in the standoff between the analysts and the indicators about the future of USD/CHF, the latter came out to be right, supported by graphical analysis. As predicted, the pair first went up and then dropped down, reaching the support level at 0.9250. Then, due to the very same news from the USA, the pair decisively broke through it and turned the support into the upper level of a sideways trend.

Now regarding the forecast for this week. Summarizing 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 put forward:

- the absolute majority of the experts tend to believe that EUR/USD will remain in the monthly sideways trend and thus will have to fall to its bottom boundary around 1.1200 and even further to 1.1160. Graphical analysis confirms this. The indicators are definitely (74%) against all of the above. Most likely, the pair’s movements early in the week will make it clear which of the forecasts should be trusted;

- the indicators show just one thing for GBP/USD – only an upward movement. The analysts, in turn, are again at a loss: ↑ – 33%, → – 12%, ↓ – 55%. Graphical analysis as an arbitrator supports the pair’s entering into a sideways trend and a fall to the levels of the beginning of May. Support will be around 1.5800 and 1.5740;

- most experts (60%), indicators (52%) and even graphical analysis agree that GBP/USD should first fall to 121.50-122.00 but their further forecasts diverge. Even with graphical analysis, there is an antagonism – the H4 timeframe clearly shows a rebound upward and a 122.00-124.50 sideways corridor while D1 pulls the pair further down to support at 120.00, the level off which the pair may rebound and rise even above 126.00;

- all forecasts of the experts regarding the USD/CHF pair continue to spin around 0.9250. At first, it was support, then became resistance, and now the experts consider it a Pivot Point. Yet the indicators propose a slightly lower Pivot Point around 0.9180-0.9200. In both cases the talk is about a sideways trend, the difference being that in the former case, the boundaries are set in the range of 0. 9080-0. 9390 while in the latter, upper resistance will be about 0.9250.

Roman Butko, NordFX

Link to comment
Share on other sites

Guest tifagabe

Generalized Forex Forecast for 22-26 June 2015

First, let’s review last week’s predictions:

  • the forecast for the EUR/USD pair for the previous five days was based on the assumption of a monthly sideways trend in the range of 1.1050-1.1350 with Pivot Points along 1.1260. With that, the possibility of a rise at the start of the week was not excluded. Until Wednesday, EUR/USD followed the forecast to the letter but later, due to the news from the US Federal Reserve, it shot upwards, breaking through the level of resistance at 1.1350. Then, however, the pair quickly returned to the mentioned range and finished the week near its upper boundary;
  • the analysts and the indicators were certain that GBP/USD would grow to 1.5680. Before that, according to graphical analysis, the pair was supposed to fall to the support level around 1.5440. That actually happened – on Monday the pair fell to 1.5487 and then went upwards, reaching the target upper boundary by Wednesday. Later on, the news from England and the USA started to actively push the British pound even higher, which resulted in the pair reaching the level of last December;
  • despite the reports from the USA, the USD/JPY pair managed to remain in the mentioned range of 122.45-125.00 with the Pivot Point at 123.50, fulfilling the forecast 100%;
  • in the standoff between the analysts and the indicators about the future of USD/CHF, the latter came out to be right, supported by graphical analysis. As predicted, the pair first went up and then dropped down, reaching the support level at 0.9250. Then, due to the very same news from the USA, the pair decisively broke through it and turned the support into the upper level of a sideways trend.



Now regarding the forecast for this week. Summarizing 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 put forward :

  • the absolute majority of the experts tend to believe that EUR/USD will remain in the monthly sideways trend and thus will have to fall to its bottom boundary around 1.1200 and even further to 1.1160. Graphical analysis confirms this. The indicators are definitely (74%) against all of the above. Most likely, the pair’s movements early in the week will make it clear which of the forecasts should be trusted;
  • the indicators show just one thing for GBP/USD – only an upward movement. The analysts, in turn, are again at a loss: – 33%, – 12%, – 55%. Graphical analysis as an arbitrator supports the pair’s entering into a sideways trend and a fall to the levels of the beginning of May. Support will be around 1.5800 and 1.5740;
  • most experts (60%), indicators (52%) and even graphical analysis agree that GBP/USD should first fall to 121.50-122.00 but their further forecasts diverge. Even with graphical analysis, there is an antagonism – the H4 timeframe clearly shows a rebound upward and a 122.00-124.50 sideways corridor while D1 pulls the pair further down to support at 120.00, the level off which the pair may rebound and rise even above 126.00;
  • all forecasts of the experts regarding the USD/CHF pair continue to spin around 0.9250. At first, it was support, then became resistance, and now the experts consider it a Pivot Point. Yet the indicators propose a slightly lower Pivot Point around 0.9180-0.9200. In both cases the talk is about a sideways trend, the difference being that in the former case, the boundaries are set in the range of 0.9080-0.9390 while in the latter, upper resistance will be about 0.9250.



Roman Butko, NordFX

Link to comment
Share on other sites

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

Are you Professional Trader ?
Show and try you skill on NordFX.
Are you Beginner Trader ?
Please try and practice your skills on a demo account NordFX first.
Test and train your skills at Demo Contest - "DemoCup" NordFX - 2 weekly contest every stage.
Then look at the Real Account virulence after that :)
Are you Binary Option Trader ?
Please Indicate your Bet at Binary Option NordFX.
Link to comment
Share on other sites

Guest tifagabe

Join “DemoCup” at NordFX - Prize Real Money



demo_zps38693033.jpg


Participation is free of charge.

Real prize money!

10 prize places!

And 10 consolation prizes.


Each contest lasts 2 weeks.


Start: 29.06.2015 00:00 (server time)

Finish: 10.07.2015 00:00 (server time)


Why wait? Register a contest account now!

 

 




More Info : DEMOCUP NordFX


Link to comment
Share on other sites

Guest tifagabe
How to be come Partners/IB in Nord FX?


To become a Partners/IB NordFX you have to do 2 simple steps!


1. Open a Trading Account USD (Micro, Standard or MT-ECN). *

2. Get IB status, your affiliate link and promo materials in order to attract clients by filling out the Affiliates form at Trader Cabinet. **


* You can also use the same account to trade.


** You must verify your account (upload scanned ID/passport and make sure your name and address in accordance with that which you are registered). Fill out the form in accordance with the directions on the Trader's Cabinet.




Link to comment
Share on other sites

Guest sauberlime

Julia NordFX, could you please give me a link where can I read the forecast on your web-site originally?

+1 on that please. Or if there's a way to have the forecast emailed to us directly? 1.gif

Link to comment
Share on other sites

Guest tifagabe
Generalized Forex Forecast for 29 June - 3 July 2015


First, a review of the forecast for the past week:


most experts suggested that the EUR/USD pair would hold in the monthly sideways trend and therefore descend to its lowest level around 1.1200 and possibly beyond that to 1.1160, which happened with 100% accuracy;

taking into consideration the opinion of 55% of the analysts and graphical analysis indications, the GBP/USD pair was predicted to go down to the 1.5740 support level. The forecast was also fulfilled as the pair finished the business week at that level precisely;

the prediction of the 122.00-124.50 sideways corridor for USD/JPY also ended up being correct. However, it was said that before getting to the upper boundary of the corridor, the pair would descend to just below 122.00 but it didn’t happen. Nonetheless, there was a just minor descent, and on Monday the pair lunged upwards, making it to the 124.40-124.50 resistance level by Wednesday;

the experts set 0.9390 as a resistance level for USD/CHF. The pair reached this mark already on Tuesday, after which its volatility rapidly diminished and the pair continued to move within a much more modest range of 0.9285-0.9390 for the rest of the week.

 



Forecast for the upcoming week.

Generalizing the opinions of 35 analysts from world leading banks and brokerage companies, as well as forecasts based on various methods of technical and graphical analysis, the following can be concluded :


both the majority of the experts and the indicators foretell a further sideways trend for EUR/USD, with the bears enjoying a certain advantage. Thus, 1.1035 can be considered as a likely strong support level. The upper boundary of the corridor remains at 1.1450, the Pivot Point is 1.1200;

according to the analysts, the GBP/USD pair will most probably be in a sideways trend too. Unlike the EUR/USD scenario, bullish tendencies will dominate here. Due to this, one can’t rule out either the pair’s rise to the upper boundary of the corridor at 1.5930 or a break through it and an upward movement towards 1.6000;

the experts and the indicators agree that the bears will also demonstrate their strength in the battle for the future of the USD/JPY pair. A likely Pivot Point is 123.85, last week’s final level, while the pair’s target will be a break through resistance around 124.40 and reaching 125.00;

the USD/CHF pair displays an inverse correlation with EUR/USD time and time again, in view of which USD/CHF can be expected to rise to 0.9400 or even further to 0.9450.

 




Roman Butko, NordFX


Link to comment
Share on other sites

Guest Julia NordFX

Generalized Forex Forecast for 29 June - 3 July 2015

First, a review of the forecast for the past week:

- most experts suggested that the EUR/USD pair would hold in the monthly sideways trend and therefore descend to its lowest level around 1.1200 and possibly beyond that to 1.1160, which happened with 100% accuracy;

- taking into consideration the opinion of 55% of the analysts and graphical analysis indications, the GBP/USD pair was predicted to go down to the 1.5740 support level. The forecast was also fulfilled as the pair finished the business week at that level precisely;

- the prediction of the 122.00-124.50 sideways corridor for USD/JPY also ended up being correct. However, it was said that before getting to the upper boundary of the corridor, the pair would descend to just below 122.00 but it didn’t happen. Nonetheless, there was a just minor descent, and on Monday the pair lunged upwards, making it to the 124.40-124.50 resistance level by Wednesday;

- the experts set 0.9390 as a resistance level for USD/CHF. The pair reached this mark already on Tuesday, after which its volatility rapidly diminished and the pair continued to move within a much more modest range of 0.9285-0.9390 for the rest of the week.

Forecast for the upcoming week

Generalizing the opinions of 35 analysts from world leading banks and brokerage companies, as well as forecasts based on various methods of technical and graphical analysis, the following can be concluded:

- both the majority of the experts and the indicators foretell a further sideways trend for EUR/USD, with the bears enjoying a certain advantage. Thus, 1.1035 can be considered as a likely strong support level. The upper boundary of the corridor remains at 1.1450, the Pivot Point is 1.1200;

- according to the analysts, the GBP/USD pair will most probably be in a sideways trend too. Unlike the EUR/USD scenario, bullish tendencies will dominate here. Due to this, one can’t rule out either the pair’s rise to the upper boundary of the corridor at 1.5930 or a break through it and an upward movement towards 1.6000;

- the experts and the indicators agree that the bears will also demonstrate their strength in the battle for the future of the USD/JPY pair. A likely Pivot Point is 123.85, last week’s final level, while the pair’s target will be a break through resistance around 124.40 and reaching 125.00;

- the USD/CHF pair displays an inverse correlation with EUR/USD time and time again, in view of which USD/CHF can be expected to rise to 0.9400 or even further to 0.9450.

Roman Butko, NordFX

Link to comment
Share on other sites

Guest Julia NordFX

Generalized Forex Forecast for 29 June - 3 July 2015

First, a review of the forecast for the past week:

- most experts suggested that the EUR/USD pair would hold in the monthly sideways trend and therefore descend to its lowest level around 1.1200 and possibly beyond that to 1.1160, which happened with 100% accuracy;

- taking into consideration the opinion of 55% of the analysts and graphical analysis indications, the GBP/USD pair was predicted to go down to the 1.5740 support level. The forecast was also fulfilled as the pair finished the business week at that level precisely;

- the prediction of the 122.00-124.50 sideways corridor for USD/JPY also ended up being correct. However, it was said that before getting to the upper boundary of the corridor, the pair would descend to just below 122.00 but it didn’t happen. Nonetheless, there was a just minor descent, and on Monday the pair lunged upwards, making it to the 124.40-124.50 resistance level by Wednesday;

- the experts set 0.9390 as a resistance level for USD/CHF. The pair reached this mark already on Tuesday, after which its volatility rapidly diminished and the pair continued to move within a much more modest range of 0.9285-0.9390 for the rest of the week.

Forecast for the upcoming week

Generalizing the opinions of 35 analysts from world leading banks and brokerage companies, as well as forecasts based on various methods of technical and graphical analysis, the following can be concluded:

- both the majority of the experts and the indicators foretell a further sideways trend for EUR/USD, with the bears enjoying a certain advantage. Thus, 1.1035 can be considered as a likely strong support level. The upper boundary of the corridor remains at 1.1450, the Pivot Point is 1.1200;

- according to the analysts, the GBP/USD pair will most probably be in a sideways trend too. Unlike the EUR/USD scenario, bullish tendencies will dominate here. Due to this, one can’t rule out either the pair’s rise to the upper boundary of the corridor at 1.5930 or a break through it and an upward movement towards 1.6000;

- the experts and the indicators agree that the bears will also demonstrate their strength in the battle for the future of the USD/JPY pair. A likely Pivot Point is 123.85, last week’s final level, while the pair’s target will be a break through resistance around 124.40 and reaching 125.00;

- the USD/CHF pair displays an inverse correlation with EUR/USD time and time again, in view of which USD/CHF can be expected to rise to 0.9400 or even further to 0.9450.

Roman Butko, NordFX

Link to comment
Share on other sites

Guest Julia NordFX

Generalized Forex Forecast for 29 June - 3 July 2015

First, a review of the forecast for the past week:

- most experts suggested that the EUR/USD pair would hold in the monthly sideways trend and therefore descend to its lowest level around 1.1200 and possibly beyond that to 1.1160, which happened with 100% accuracy;

- taking into consideration the opinion of 55% of the analysts and graphical analysis indications, the GBP/USD pair was predicted to go down to the 1.5740 support level. The forecast was also fulfilled as the pair finished the business week at that level precisely;

- the prediction of the 122.00-124.50 sideways corridor for USD/JPY also ended up being correct. However, it was said that before getting to the upper boundary of the corridor, the pair would descend to just below 122.00 but it didn’t happen. Nonetheless, there was a just minor descent, and on Monday the pair lunged upwards, making it to the 124.40-124.50 resistance level by Wednesday;

- the experts set 0.9390 as a resistance level for USD/CHF. The pair reached this mark already on Tuesday, after which its volatility rapidly diminished and the pair continued to move within a much more modest range of 0.9285-0.9390 for the rest of the week.

Forecast for the upcoming week

Generalizing the opinions of 35 analysts from world leading banks and brokerage companies, as well as forecasts based on various methods of technical and graphical analysis, the following can be concluded:

- both the majority of the experts and the indicators foretell a further sideways trend for EUR/USD, with the bears enjoying a certain advantage. Thus, 1.1035 can be considered as a likely strong support level. The upper boundary of the corridor remains at 1.1450, the Pivot Point is 1.1200;

- according to the analysts, the GBP/USD pair will most probably be in a sideways trend too. Unlike the EUR/USD scenario, bullish tendencies will dominate here. Due to this, one can’t rule out either the pair’s rise to the upper boundary of the corridor at 1.5930 or a break through it and an upward movement towards 1.6000;

- the experts and the indicators agree that the bears will also demonstrate their strength in the battle for the future of the USD/JPY pair. A likely Pivot Point is 123.85, last week’s final level, while the pair’s target will be a break through resistance around 124.40 and reaching 125.00;

- the USD/CHF pair displays an inverse correlation with EUR/USD time and time again, in view of which USD/CHF can be expected to rise to 0.9400 or even further to 0.9450.

Roman Butko, NordFX

Link to comment
Share on other sites

Guest tifagabe
NordFX provide deposit and withdrawal methods are very much to facilitate the process of the Fast Deposit and Withdrawal. For electronic payment system process is instant deposits and withdrawals are 1-2 hours, maximum of 1x24 hours.


depoen_zps0b2b6573.jpg


Deposit your Account by use the most secure, convenient and profitable payment system for you here.


Link to comment
Share on other sites

Guest tifagabe
nord_zps15e24cb1.jpg


NordFX - No Limits :


Accepting all Electronic Advisor.

Any Strategies, including Scalping, Hedging and news trading.

 



NordFX - As fast as possible:


Order execution less then 1 second.

 



NordFX - Advanced Trading technologies :


MetaTrader 5

MetaTrader 4

MetaTrader Mobile

MetaTrader Multi Terminal

MetaTrader for iPhone/Android

Intergral NFX trades

 



NordFX - Direct access to ECN:


Best and low Spread

Low commission

Fast Execution without slippage and requote.

Profesional Terminal

Quality Support

 






Link to comment
Share on other sites

Guest tifagabe

Profitable Trading - No Emotions or Stress

With a ZuluTrade account in NordFX, you get a unique opportunity to trade on the Forex market using the know-how of the best traders – market experts, and receive constant profits whether you are at the computer or not.
Professional strategies and trading that a beginner can only dream of. Advantageous terms and top-quality service for the experienced. NordFX and ZuluTrade open up a new level of trading:

- A wide choice of signal providers
- Minimal deposit $50/€50
- A unique ranking system for signal providers
- Minimal lot size 0.01
- Full control over the account, including manual trades
- Maximum lot size 50, step 0.01
- Trading at any time, even with the computer off
- Spreads from 1 point
- Automated trading is based on l*** of logic and excludes emotions
- 37 currency pairs, gold and silver

Start Now!

Open Account ZuluTrade NordFX

Link to comment
Share on other sites

Guest tifagabe
NordFX is an international broker that provides to individuals and corporations a complete complex trading services in the international foreign exchange market.


NordFX used base technology with all necessary instruments and best conditions - Metatrader 4 (and Metatrader 5):


No requotes! A paradise for scalpers!!

REAL instant execution without manual dealers – less than one second

Usage of supplements (expert advisers, signals) without any restrictions

Variety of fund transfer methods (local deposits in some countries)

Partnership program

 



Direct access to ECN, which will expand your trading opportunities :


The best prices from the Interbank market

Lowest spreads

No Dealing Desk

 



Ready for a new level of trading, Join with NordFX.


Link to comment
Share on other sites

Guest Julia NordFX

Yuan 2020: Buy or Sell?

A recent report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says that China’s national currency got firmly established in the top 5 of the most used currencies of the world’s economy. Moreover, the share of yuan payments globally has been rising sharply and exceeded 2 percent. Even more impressive is the value of yuan transactions in international trade – one of these days it will surpass 10 percent.

Over the past five years, the yuan has turned into a major regional currency, primarily due to China’s trade integration with the main developing markets. In East Asia, there’s actually a bloc of countries that have pegged their national currencies to the yuan more than to the US dollar. They include Indonesia, Malaysia, Singapore, Taiwan, Thailand, the Philippines and South Korea.

The

Economist Intelligence Unit (EIU) forecasts that by 2020 China will become the world’s second largest economy and Chinese population’s purchasing power will basically catch up with that of the United States.

HSBC experts echo the EIU opinion, albeit with an important reservation – The yuan is set to become a major world currency quite soon. However, it doesn’t mean that the yuan will replace the US dollar as a dominant reserve currency. Instead, it will help to create a more comprehensive system of reserve currencies, with the dollar, the euro and the yuan playing their respective part.

Pundits from the Peterson Institute for International Economics (Washington, USA), one of the most renowned think tanks focused on international economics, say that the yuan would need 10 to 15 years to turn into a full-fledged reserve currency alongside the US dollar. Towards this end, China has to carry out a number of reforms and first of all open up the foreign and finance sectors of its economy.

Standard Chartered finance gurus differ on this and believe that by 2020 China won’t just catch up with the US economy but overtake it.

NordFX leading analyst John Gordon weighs in, “With this said, the key question is whether China’s government would want to deal with all the issues pertaining to turning the yuan into a global currency. On the one hand, China is obviously interested in becoming less dependent on the dollar but, on the other hand, it can be achieved only by loosening restrictions on its foreign exchange and capital markets at the very least. The fixed exchange rate shields the yuan from external speculative attacks. What will happen if this protection goes down and the yuan trades freely? Would China really want to see this rather risky process through?”

It’s no secret that from the very start of his first presidential term Barack Obama tried to put pressure on the Chinese government to quit devaluing the yuan rate artificially. But if the yuan is traded freely, Chinese products will get much more expensive, which, in turn, will hurt their competitiveness abroad and substantially change China’s export-orientated economy. Will Chinese leadership venture on this path?

“At NordFX, we closely watch everything related to financial markets, – continues John Gordon. – Judging by the latest rhetoric, Chinese authorities sound very decisive. It would suffice to recall that Yi Gang, Director of the State Administration of Foreign Exchange and Deputy Governor of the People's Bank of China, announced that China had already started talks with the IMF about including the yuan into the global reserve currency basket in the near future.”

According to this high-ranking official, the yuan meets all IMF requirements at this time. Hence, it appears that the issue has to do more with politics rather than economy.

As far as the Forex market is concerned, the main factor here is exchange rate fluctuations. Debating a five-year investment horizon for the yuan, many analysts predict it would rise by 15-17 percent. However, Yi Gang’s interview with Bloomberg in Beijing highlights two important things. First and undeniable is that the Chinese currency has been very stable over the last few years, and the other and thought-provoking is the assurance that the yuan will remain as stable in the future.

What’s also noteworthy is three main directions of China’s policy singled out in a Financial Times article:

- China tends to purchase fewer US Treasurys;

- China broadens its overseas expansion program;

- promotion of the yuan as a global currency is encouraged as it gradually sets China free from the dollar.

The Financial Times article seems to imply that the era of boundless privileges for the USA as the emitter of the main global currency is coming to an end. It is going to be replaced by a dual currency world – the US dollar and the yuan. However, due to the fact the yuan exchange rate was, is and will be fixed by the Chinese government for a while, the profitability of long-term yuan investments is rather questionable. Nonetheless, considering limited and controlled volatility, short-term speculations may actually appeal to traders.

Link to comment
Share on other sites

Guest Julia NordFX

Yuan 2020: Buy or Sell?

A recent report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says that China’s national currency got firmly established in the top 5 of the most used currencies of the world’s economy. Moreover, the share of yuan payments globally has been rising sharply and exceeded 2 percent. Even more impressive is the value of yuan transactions in international trade – one of these days it will surpass 10 percent.

Over the past five years, the yuan has turned into a major regional currency, primarily due to China’s trade integration with the main developing markets. In East Asia, there’s actually a bloc of countries that have pegged their national currencies to the yuan more than to the US dollar. They include Indonesia, Malaysia, Singapore, Taiwan, Thailand, the Philippines and South Korea.

The

Economist Intelligence Unit (EIU) forecasts that by 2020 China will become the world’s second largest economy and Chinese population’s purchasing power will basically catch up with that of the United States.

HSBC experts echo the EIU opinion, albeit with an important reservation – The yuan is set to become a major world currency quite soon. However, it doesn’t mean that the yuan will replace the US dollar as a dominant reserve currency. Instead, it will help to create a more comprehensive system of reserve currencies, with the dollar, the euro and the yuan playing their respective part.

Pundits from the Peterson Institute for International Economics (Washington, USA), one of the most renowned think tanks focused on international economics, say that the yuan would need 10 to 15 years to turn into a full-fledged reserve currency alongside the US dollar. Towards this end, China has to carry out a number of reforms and first of all open up the foreign and finance sectors of its economy.

Standard Chartered finance gurus differ on this and believe that by 2020 China won’t just catch up with the US economy but overtake it.

NordFX leading analyst John Gordon weighs in, “With this said, the key question is whether China’s government would want to deal with all the issues pertaining to turning the yuan into a global currency. On the one hand, China is obviously interested in becoming less dependent on the dollar but, on the other hand, it can be achieved only by loosening restrictions on its foreign exchange and capital markets at the very least. The fixed exchange rate shields the yuan from external speculative attacks. What will happen if this protection goes down and the yuan trades freely? Would China really want to see this rather risky process through?”

It’s no secret that from the very start of his first presidential term Barack Obama tried to put pressure on the Chinese government to quit devaluing the yuan rate artificially. But if the yuan is traded freely, Chinese products will get much more expensive, which, in turn, will hurt their competitiveness abroad and substantially change China’s export-orientated economy. Will Chinese leadership venture on this path?

“At NordFX, we closely watch everything related to financial markets, – continues John Gordon. – Judging by the latest rhetoric, Chinese authorities sound very decisive. It would suffice to recall that Yi Gang, Director of the State Administration of Foreign Exchange and Deputy Governor of the People's Bank of China, announced that China had already started talks with the IMF about including the yuan into the global reserve currency basket in the near future.”

According to this high-ranking official, the yuan meets all IMF requirements at this time. Hence, it appears that the issue has to do more with politics rather than economy.

As far as the Forex market is concerned, the main factor here is exchange rate fluctuations. Debating a five-year investment horizon for the yuan, many analysts predict it would rise by 15-17 percent. However, Yi Gang’s interview with Bloomberg in Beijing highlights two important things. First and undeniable is that the Chinese currency has been very stable over the last few years, and the other and thought-provoking is the assurance that the yuan will remain as stable in the future.

What’s also noteworthy is three main directions of China’s policy singled out in a Financial Times article:

- China tends to purchase fewer US Treasurys;

- China broadens its overseas expansion program;

- promotion of the yuan as a global currency is encouraged as it gradually sets China free from the dollar.

The Financial Times article seems to imply that the era of boundless privileges for the USA as the emitter of the main global currency is coming to an end. It is going to be replaced by a dual currency world – the US dollar and the yuan. However, due to the fact the yuan exchange rate was, is and will be fixed by the Chinese government for a while, the profitability of long-term yuan investments is rather questionable. Nonetheless, considering limited and controlled volatility, short-term speculations may actually appeal to traders.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    We Connect  Money Makers With TOP Earning Opportunities!

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...