Author Topic: SuperForex company news - Superforex.com (Read 16839 times)

SuperForex · « **Reply #225 on:** »

The United States will have no friend during this year's meeting, it seems.
Today marks the opening of a two-day G7 summit in La Malbaie, Canada. The summit will be attended by representatives of the G7: PM Justin Trudeau (Canada), President Emmanuel Macron (France), Chancellor Angela Merkel (Germany), newly-elected PM Giuseppe Conte (Italy), PM Shinzo Abe (Japan), PM Theresa May (UK), President Trump (US), and the President of the European Commission Jean-Claude Juncker together with the President of the European Council Donald Tusk (European Union).
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Cokoye · « **Reply #225 on:** »

SuperForex · « **Reply #226 on:** »

The pair is on the rise.
Today we would take a look at the EUR/USD currency pair, which is one of the most popular trading instruments. Since last week the pair has continued to climb, though only modestly. Currently it is approaching a monthly high above 1.18.
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Cokoye · « **Reply #226 on:** »

SuperForex · « **Reply #227 on:** »

The dollar index opened today with an up gap and is currently returning to the closing mark of yesterday.
We see rising minimums and highs on the chart, that’s why we conducted an ascending equidistance channel.
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Cokoye · « **Reply #227 on:** »

SuperForex · « **Reply #228 on:** »

Investors are waiting for increase of the FED rate. The deals to BUY seems most effective at the moment
The rates continue in the frames of the upward trend. Despite the fact that on the chart we can see signs of the trend reversal in the near future, it is unlikely to happen in the near future amid reducing geopolitical tensions and increasing demand for risky assets.
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SuperForex · « **Reply #229 on:** »

The pair was lost impulse.
Fed decision on interest rates was published yesterday, as expected, the rate was raised by 25 basis points to 2%. During the publication, we observed a sharp jump in the dollar on the chart.
More information see here

Cokoye · « **Reply #229 on:** »

SuperForex · « **Reply #230 on:** »

Decrease in oil price impact the CAD value. The deals to BUY still can be effective at least before upcoming OPEC meeting in a week.
If you look at the oil rates and the AUDCAD rates, you can see a lot of common things - huge impact of oil value to the CAD. After the oil began to decrease, has formed an upward trend in favor of the Australian dollar, despite the fact that the Australian economy is becoming less attractive to investors
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SuperForex · « **Reply #231 on:** »

We have the chance to sell the pair today.
Today we would take a look at the EUR/USD currency pair, which is one of the most popular trading instruments. After making slow but steady gains up until the ECB meeting last Thursday, the pair dropped sharply again and spent the weekend around the level of 1.1595.
More information see here

SuperForex · « **Reply #232 on:** »

The pair continues to fall.
During the speech of the head of the ECB Mario Draghi, the euro continued its decline, departing further from the resistance level of 1.1630. After the recent statements of the Federal Reserve, the dollar continues to strengthen.
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SuperForex · « **Reply #233 on:** »

The pair is moving down.
Despite mixed data from the US, our pair again fell into a decline. Currently the dollar index has surpassed the level of 95.00 and demonstrates the best performance since July 2017.
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SuperForex · « **Reply #234 on:** »

OPEC members are currently deciding whether to increase oil production.
To say that the past year has been interesting for traders following the price of crude oil would be an understatement. With prices down to record lows recently climbing to 3-year-highs, the past couple of years have been quite tumultuous for oil.
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SuperForex · « **Reply #235 on:** »

We need to wait for more data before we can open a position.
Today we would take a look at the EUR/USD currency pair. After dropping significantly last week, the euro made a recovery over the weekend and the price of the pair is currently rising.
More information see here

SuperForex · « **Reply #236 on:** »

The pair has found a resistance level.
At the beginning of today's trading session the dollar index found a support level at around 93.85, after which it began to grow. The dollar showed a weakening despite the release of positive data on the housing market in the US.
More information see here

SuperForex · « **Reply #237 on:** »

Investors prefer other safe assets at the moment. However, the situation can change with the development of the trade conflict. The deals to BUY seem the most effective in the medium and long term.
More information see here

SuperForex · « **Reply #238 on:** »

The pair created a new wave.
Despite the likelihood of complications in trade relations between the US and its allies, the reserve currency continues to rise.
Macroeconomic data from the EU does not yet allow us to change the trend of our pair.
More information see here

SuperForex · « **Reply #239 on:** »

The Asian country is warming relations with its neighbors while the US is busy alienating allies.
Over the past couple of months international news has been dominated by the trade dispute between the United States and China. The Asian country, known for its cheap labor, large market, and the ubiquitous label “Made in China”
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Cokoye · « **Reply #239 on:** »

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