SuperForex Company news

[SFX_Official]

EUR/CHF Technical Analysis

Since yesterday the euro began to regain its positions in relation to the dollar, which comes against the backdrop of a lack of significant macroeconomic data. Therefore, yesterday the euro index began to climb up and today has reached the mark of 94.83.



More information see on our website

 

[SFX_Official]

GBP/USD Technical Analysis

We are waiting for the bulls.

Right now we expect a number of macroeconomic indicators. Today data on the growth of the GDP of the United States for the third quarter will be published, as well as the index of production activity from the Federal Reserve Bank of Philadelphia.

More information more information see on our website

 

[SFX_Official]

2017: The Year of Bitcoin



As the end of the year approaches, we take a look at Bitcoin, the year's best performing asset.

As we are only a week away from the new year, it is a good time to reflect on what went on with the global markets this year. Without a doubt the most fascinating instrument to watch in 2017 was the world’s most famous cryptocurrency, Bitcoin.

More information see on our website

 

[SFX_Official]

EUR/USD Technical Analysis

The pair today seems to be trading flat.

Today after the celebration of Christmas and in preparation for New Year's Eve, our pair entered the price corridor. Markets are almost completely inactive during Christmas vacations and the volatility in the markets has declined.

More information see on our website

 

[SFX_Official]

NZD/USD: review and forecast



The rapid downward trend has been completed in late November. The NZD was under pressure because of the political situation in New Zealand, RBNZ monetary policy. the minimum has been reached but now NZD has found incentives to counter the U.S. dollar.

More information see on our website

 

[SFX_Official]

GBP/USD Technical Analysis



Today we do not expect the release of macroeconomic news from the UK. With regards to the United States, a weekly report on crude oil reserves and a number of other less significant indices will be published.

More information see on our website

 

[SFX_Official]

AUD/CAD: Short Review and Forecast for the Next Year

Both currencies have been supported by the increased commodity prices but the CAD feels more confident and has more perspectives for investors. The deals to SELL would be most effective.

More information see on our website

 

[SFX_Official]

What’s Happening in Iran?

We take a closer look at the protests in Iran and how those might interfere with the global markets.

Usually at the beginning of a new year we tend to take a look forward and try to give you some important events to look forward to in your trading year. However, right now something far more important is going on and we thought it would be best to take the time to talk about it: the Iranian protests.

More information see on our Website
SuperForex

 

[SFX_Official]

EUR/USD Technical Overview & Daily Chart

Today we would take another look at the EUR/USD currency pair. From around the middle of December the euro began to rally against the dollar and soared around 1.20 right after we entered 2018. However, as of this week the dollar has begun to recover some of its lost positions.

More information see on our website
SuperForex

 

[SFX_Official]

USD/MXN: Fundamental Review & Short-term Forecast



The last half of the 2017 showed that the MXN cannot resist the strong dollar, despite the rising oil prices and a relative improvement of the economic situation in Mexico. At the same time, the Mexican government didn't impact the MXN value. As a result, in December the inflation rate increased to 6.77% which is the highest level for the last 17 years. This has been achieved mainly due to the weakening of the Mexican peso.

More information see on our website
SuperForex

 

[SFX_Official]

USD/CAD Technical Analysis


Yesterday, the US announced that in the near future they could withdraw from the NAFTA agreement and against this background the Canadian dollar fell under the sell-off against other currencies. Oil prices yesterday also stopped their upcoming rally and entered a corridor, which may well indicate the completion of the upward momentum.

More information see on our website
SuperForex

 

[SFX_Official]

What to Expect in 2018

A look at what this year might have in store for some of the most popular currencies.

2018 is here and so are some of the first report from Europe, Asia, and North America. With this mind, we thought it might be helpful to look at some general expectations that experts have for this year in terms of the financial markets: what’s going to grow, what would decline, and all that good stuff.

More information see on our website

 

[SFX_Official]

USD/CAD Technical Analysis


For seven months we have seen a rise in the prices for petroleum. As of now prices have already reached three-year highs. At the moment the Brent crude oil prices have approached $70 per barrel and the bullish movement is in no hurry to weaken.

More information see on our website

SuperForex

 

[SFX_Official]

AUD/USD Technical Analysis


Today, after the weekend and the celebration of Martin Luther King's Day, the US is returning to the market and we can expect an increase in the volume of trading, as well as increasing volatility in the markets. By the start of the trading day, after a prolonged fall, the dollar index won back 0.22% and we can expect that by the beginning of the American session.

More information see on our website
SuperForex

 

[SFX_Official]

GOLD Short Review & Forecast

Investors are back to the safe assets. It's time for the deals to BUY.

At the end of last year GOLD was decreasing in price amid a strong dollar and the growing popularity of cryptocurrencies. But in mid-December the situation began to change: Bitcoin's rapid growth is over and the dollar became vulnerable and less attractive for investors.

More information see on our website

 

[SFX_Official]

GBP/USD Technical Analysis


Today we expect the release of data from the US on housing and the index of manufacturing activity from the Federal Reserve Bank of Philadelphia for January, which is forecasted to be less than the previous month.+

More information see on our website
SuperForex

 

[SFX_Official]

China in Recovery?


With the newest reports on the GDP of China, it appears that the economy is growing.

The economic woes of China have been something we’ve spoken about before on our blog. The country has the second-largest economy in the world and trade relations with all countries, including even the isolated North Korea. However, China’s growth slowed down over the past seven years, causing global concerns.

More information see on our website

 

[SFX_Official]

USD/CAD Technical Analysis


The pair is in a downtrend.

This week we do not expect the release of any significant indicators which would be able to turn the markets around.

The US dollar is under pressure due to the possible suspension of the government's work for the first time since 2013.

More information see on our website

 

[SFX_Official]

EUR/USD Technical Analysis


The pair in undergoing a price correction.

Today we expect the release of the index of economic activity (ZEW) from Germany - this news may affect the market.

In the United States after an agreement between the Democrats and the Republicans the government resumed its work and at the moment its funding is agreed upon by February 8. American stock indices showed growth.

More information see on our website

 

[SFX_Official]

USD/SEK – review and short term forecast

The upward trend was completed at the end of the year, and instead formed a new, intense downtrend. The value of the dollar has been decreasing during the month, against most currencies. It was mainly because of political factors.

More information see on our website