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  • Trump's State of the Union


    This week we caught a glimpse as to what is in store for American politics when President Trump gave his annual State of the Union address. Postponed by about a week due to the government shutdown, the State of the Union is seen as a golden opportunity for the President of the United States to set the political agenda for the whole year ahead. We decided to present you with a few highlights from the event and see what we can expect from a President who has repeatedly proven difficult to predict the actions of.

    More information see here

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    • EUR/USD Technical analysis



      During yesterday's rally, the dollar appreciation resumed and the pair started a downward movement again. The dollar index again approached 97.00 showing the strength of the reserve currency.

      The euro, on the contrary, is trying to reduce the ECB’s efforts and the pair continues to approach four-month lows.

      More information see here









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      • Technical Analysis

        EUR/USD. Judging by the previous candle, we think that the pair will test the 1.1405 mark and continue to move down to the marks of 1.1355 and 1.1305.

        GBP/USD. We believe that the pair will go to the 1.2930 and 1.2875 marks.

        AUD/USD. We see a reversal and a strong downward momentum. The pair is heading towards the 0.71 and 0.7045 marks.

        USD/CAD. In case of overcoming it, there can be a movement to the level of 1.3335.


        https://www.youtube.com/watch?v=uhJ0dvFT59M

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        • GBP/USD Technical analysis



          Against the background of investors' optimism, our pair was able to turn around five days ago and head up from the level of 1.2785. Yesterday Prime Minister Theresa May arrived in Brussels to continue negotiations and the pair halted growth in fear of a failure.

          More information see here








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          • OIl (Cl/WTI): Fundamental Review & Forecast

            The rates continue within the upward trend, but the intensity of the trend is falling rapidly. In February oil was strengthened by increasing the probability of a solution to the trade conflict between China and the United States and a truce between these countries, but as time goes by investors are not receiving any concrete evidence of progress in the trade negotiations. In addition, oil prices are limited in growth due to forecasts of a slowdown in the global economy.

            More information see here






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            • EUR/USD Technical Analysis

              Today we will be able to observe either the continuation of the dollar rally for the seventh day in a row, or a reversal and correction. During yesterday's trading session the dollar index remained almost unchanged, while US stock markets declined due to fears of a slowdown in global growth rates.

              More information see here




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              • Triple Brexit Vote Incoming

                This week was definitely not lacking in economic news. Donald Trump’s administration continues to be hard at work negotiating a trade agreement with China which is expected to end the trade war, an event likely to impact positively the entire world. Moreover, the European Central Bank had an important policy meeting this week, where new cheap loans for European banks were announced and the economic forecast was revised down.

                More information see here

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                • CAD/CHF Fundamental Review & Forecast

                  The rates continue within the downward trend formed more than a year ago. At the same time, we see a gradual decrease in volatility and a narrowing of the range. Despite the rise in oil prices, as well as the economic downturn in the EU, the Swiss franc in the long term was more stable and less exposed to negative factors, confirming its status of a safe asset.

                  More information see here




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                  • Technical analysis of the GBP/USD pair for March 14

                    During yesterday's trading session the British pound once again showed a positive trend. After the Brexit vote, we again saw a strong upward momentum in the pair, and it is quite possible that the pair may soon head for the 1.35 mark.

                    More information see here






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                    • EUR/USD Technical Analysis

                      Today we would take a look at the EUR/USD currency pair. As of last week the pair continues steadily growing.

                      Not much has changed for the European single currency since our last analysis. Fundamental reports, while not altogether awful, remain off-target for the most part and inflation continues to be low. The European Central Bank recently unveiled a new stimulus plan which is naturally contributing to a further weakness in the euro.

                      More information see here




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                      • Technical Analysis of the EUR/USD Pair for March 19

                        All investors' attention this week is focused on the Fed's interest rate decision tomorrow. It is predicted that the decision will be in favor of maintaining the current rate of 2.5%. The dollar index continues to decline and is at a monthly minimum, below the 96.00 mark.

                        More information see here








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                        • Brexit Officially Postponed

                          When in 2016 the United Kingdom’s citizens were invited to cast their votes in a referendum as to whether they want to stay or leave the European Union, the Brexiteers prevailed by a narrow margin. Since then the conservative government led by Theresa May has championed that her cabinet deliver on that promise, one way or another. She formally triggered Article 50, which set the deadline for Brexit to March 29, 2019. However, with one week until Brexit it is now official: the exit of the UK has been delayed.

                          More information see here

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                          • Technical analysis on the USD/CAD pair for March, 26

                            Now we are seeing on the chart that the pair has developed from the previously reached peaks and is directed downwards. The rise in oil prices helps the Canadian dollar, so the pair confidently approached our Moving Averages and soon may be fixed below the MA (21), indicating a sale.

                            More information see here






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                            • What is new in the markets March 29


                              US GDP growth slowed down


                              Yesterday a report on US GDP growth was released, which demonstrated a slowdown in the economy and the growth was only 2.2% against 2.4% of the forecasted. The Donald Trump administration said it was ready to negotiate with China over a long period in order to make the Chinese market more open, as well as to respect intellectual property rights. Negotiations began yesterday in Beijing, and their next round will continue today. Next week, we expect to arrive in Washington Chinese Prime Minister Liu Hye Who will meet with sales representatives and Donald Trump.

                              Next week, we expect Chinese bonds to be included in reference global indices for the first time, which will make the Chinese market even more open to foreign investment and borrowing.

                              After yesterday's recession, oil quotes today began to recover and scored more than 1% each against the background of the completion of Iran’s temporary exclusion from US sanctions.

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