SuperForex - superforex.com

[Superforex Official]

Technical analysis of the currency pair USD / CHF on 24/11/2016. The daily chart

General analysis
Last week, the currency pair USD / CHF has broken the upper border of the price channel 0.9950-0.9540. In which the price has moved from the end of November 2015. The channel line was broken and the price successfully closed above this level.

The width of the channel is about 400 points so that following the basic canons of technical analysis, we can expect significant growth franc in the medium term. It is likely that we will see 1.0300 on the franc in the near future.

The width of the channel has not fulfill itself for a hundred percent yet therefore we can expect continuation of growth of pair USD / CHF. However, at the same time traders should attentively follow the developments in a next few days since there is a high probability of the formation of the local maximum at this rate of growth.

Next few days
Considering all of the above signals we recommend to play long on the currency pair USD / CHF with a target point of profit-taking on the 1.0235 и 1.0320.

Up trend is still preserved as the top of the upward trend has still not been formed.

There is a possibility of short-term correction but after the results of the latest news from the Americas region general direction for the currency pair USD / CHF is growth.

 

[Superforex_Official]

Partnership Program for Education Projects


We developed a special option for those who specialize in Forex training courses for traders of all levels of proficiency. As our Education Project partner you will be given a status of a Licensed SuperForex Training Center. You will receive compensation based on the commission on the trades made by the training center participants. It is important to note that you will continue to earn commission on trades by participants who have already completed your courses.

More info by this link

 

[Superforex Official]

Are you subscribed to our social media channels?

Get exclusive information about special offers and promotions by following SuperForex online - on Facebook, VKontakte, Twitter, or YouTube!
Special offer: for a limited period of time we will be granting a bonus of $5 to all new followers. Get in touch with our Customer Support ( support@superforex.com ) in order to claim your bonus.

 

[Superforex Official]

Technical analysis of the currency pair GBP/USD on 29/11/2016. The daily chart

General analysis.

Despite total rush of all basic quotes British Pound continues to trade in a narrow range and slowly but surely continues to strengthen its position against the US dollar.

Last week closed with a parity for GBP/USD currency pair and now there is the consolidation of the price near to the level 1.2450.

The nearest support level is located at 1.2340. Price has been repulsed from this level several times over the last two weeks and now again approaching to it.

The RSI is in the neutral zone and does not provide any essential signals.
The MACD shows movement above the zero line and continues to rise, confirming the presence of the upward trend on the chart.

Next few days

In the next few days we expect the resumption of growth in the currency pair GBP/USD with testing of the resistance level 1.2650.

We recommend to open long at the beginning of the upward movement from 1.2650 level and upon receipt of confirmation of rebound.

Order stop-loss exhibited by 20-30 points below the support level of 1.2340.

 

[Superforex_Official]

Partnership program for Exchangers

If you run a business specializing in online foreign exchange tools and services and want to partner with us, you can attract new customers for us and get benefit from account replenishment and withdrawals.

On the one hand, you will gain profit from SuperForex account deposits and withdrawals. On the other hand, you will receive commission on every trade made by customers referred by you. Your profit depends on trading volume, so the more the traders in your affiliate group - the more you would earn.

Learn more here

 

[Superforex Official]

Technical analysis of the currency pair EUR / CHF on 01/12/2016. The daily chart


General analysis
Yesterday's trading day for the currency pair EUR / CHF showed unusually big volatility intro day and by the end of the day closed with a parity at the level of 1.0774.
First, the initiative on the market went Bulls and the price began to rise rapidly reaching its peak level at 1.0815. Therefore resistance level 1.0800 has been broken.
However, the price was unable be fixed above this level since after the opening of the US session, the market turned around and the price began to decline.


Following the results of the day closed at the same level at which started its move this morning 1.0774.


Next few days
Testing the resistance level 1.0800 with a further decline tells us it is the weakness of the uptrend and the fact that it is possible from this price will resume its movement in the medium-term downtrend.
We recommend to close all previously open long position of EUR / CHF and to consider the possibility of selling after a decline below 1.0750.
The target point for the profit for selling below 1.0750 will be levels 1.0705 and 1.0690.

 

[Superforex_Official]

Trading can be more fun when we do it together - and SuperForex will compensate you for inviting your close ones to join!


SuperForex appreciates customer loyalty and rewards its members for bringing friends or family members to us. Moreover, the person referred to us will also get a reward in the form of a bonus depending on their initial deposit.
Invite your friends or family members to open a live trading account with SuperForex with an initial deposit of at least $100 and you will receive a cash bonus for each of your friends that register with us. You can refer a maximum of 10 friends. The bonus is instantly withdrawable!

You can calculate your bonus here

 

[Superforex_Official]

SuperForex Partnership Program

The SuperForex Partnership Program is an excellent way for customers to develop their own business by recommending our trading services to their customers. They in turn receive an attractive compensation for each successful referral.
SuperForex provides you with a wide range of products, including a ready-made website for your business, a great variety of promo materials and an affiliate link that comes with full partner statistics, allowing you to discover the most advantageous strategy for doing business for you.

You can calculate your potential income of our partnership program here

 

[Superforex Official]

Technical analysis of the currency pair EUR/USD on 06/12/2016. The daily chart

General analysis.
At yesterday's trading session the currency pair EUR / USD was able to go beyond the range of the frame in which it was moving from the middle of November 2016 by breaking its upper boundary. The price has tested resistance level 1.0800.

Considering local increases of the prices if the ECB at its meeting confirms the continuation of the course on the super soft monetary policy.

Stochastic indicator shows us a clear Buy but the signal line is already included in the overbought zone.

Next few days

After a sharp ups and downs on Monday the pair may correct down to 1.0650.
We expect a rebound from the resistance of 1.0800 with the further back to 1.0650.

Long opening must be confirmed by receiving of the receipt of the rebound from the resistance level.

For the first position, it is necessary use no more than 1-2% of the deposit.

The range of possible movement down about 150 points, so traders will be able to open additional positions for sale.

 

[Superforex_Official]

The more lots you trade - the more bonuses you earn!

To reward our most dedicated customers we developed the SuperForex Loyalty Program - a system which allows you to accumulate points and trade them for prizes.
The loyalty program is open to all customers who create real accounts with us. Upon registration all members automatically enter the contest and start collecting points for rewards.
You can find more information and look for prizes via this link.

 

[Superforex_Official]

Technical analysis of the currency pair EUR/GBP on 08/12/2016. The daily chart


General analysis.
On Wednesday 08/12/16 currency EUR / GBP pair has closed higher by almost 70 points and now the price is located at the level of 0.8516.

Price has not been able to go below 0.8370 support by forming a rebound from this level.

A few months ago the price has already been successfully beat off from support level 0.8370 which has given rise to the medium-term uptrend. After obtaining several signals from other tools and indicators we can confidently can expect the beginning of growth now also.

Stochastic indicator is in the neutral zone but shows a clear upward trend.

Yesterday's daily candle with a large white body indicates the strength of buyers and likely confirm the formation of the bottom at the level of 0.8370.

Next few days
Total long-term trend for the EUR / GBP pair is still upward and now in the chart formed a favorable situation for opening long.

The nearest resistance level for the prices serves mark 0.8700 near which we recommend placing orders for take profit.
After the price breaks the level of 0.8700 the next upside target will be the 0.8850.

 

[Superforex Official]

SuperForex Economic Calendar
Every experienced trader would agree that without accurate data, your hands are tied. Many of history’s most successful deals were defined by perfect timing, but we all know keeping track of all of the events in the global economy is difficult and time consuming.
Well, it doesn’t have to be! SuperForex offers a free Economic Calendar - a special resource that tracks all important events and announcements for you.
You can access it on our website.

 

[Superforex Official]

SuperForex is happy to announce the launching of its newest service - the No Spread account!

This new version of a live trading account is open to both new and existing customers. Using the No Spread account, unlike the standard one, gives you the unique advantage to trade without paying any spreads on the deals you open, regardless of the trading instruments used.

Have you ever wondered why often you’re already losing money immediately after opening a new position? This is because a spread fee has been charged to your account due to the difference between bid and ask prices. The No Spread account would allow you to avoid that.

You can find more info here

 

[Superforex_Official]

Technical analysis of the currency pair AUD/USD on 13/12/2016. The daily chart

General analysis
Currency pair AUD/USD continued to move sideways last week by forming the maximum on Friday – 0.7495. However, last trading week closed with a black candlestick with a big body and it is contrary to growth opportunities.

The first trading day of the current week was held under the auspices of the bulls and now we can see a return to growth and the approximation of prices to the local maximum at 0.7686.

The graph of Stochastic indicator tells us about the presence of the upward trend but the price has already approached close to overbought level so opening of transactions now will be quite a risky occupation.

Next few days
This currency pair is already moving sideways for a long time. Current price channel is 0.7700-0.7300 and at the moment there is every reason to expect the test the upper boundary of the channel at 0.7700. However, given the resistance level at 0.7550 there is the probability forming of the peak and further decreases to the bottom of the channel 0.7330.

After overcoming of local maximum at 0.7505 we can consider to open a long deals with target points by 0.7640.

 

[Superforex Official]

Get additional income for each lot you trade with us!

We at SuperForex company have prepared a unique offer for all active traders. Now you can receive income for each lot you trade with us, regardless of the bidding outcome.
How does it work?
For each lot you trade with us, as well as by activation of a scratch card, you will receive bonus points to your account. As you gain 200 bonus points, you will be able to change them for real $15.
How to receive your money?

• Terms and conditions of bonus and it's withdrawal are very simple:
• Your account leverage should be no more than 1: 200.
• The number of bonus points must be a multiple of 200.
• You can withdraw your funds according to the formula 1 $ - 1 lot
• Minimum amount for withdrawal is $5

You can find more info via this link https://my.superforex.com/point-exchange-bonus

 

[Superforex_Official]

Technical analysis of the currency pair USD / CHF on 15/12/2016. The daily chart


General analysis
On results of yesterday meeting of the Federal Reserve System, it was decided to tighten monetary policy
and increased the interest rate by 25 basis points to 0.75%. This decision instantly had its impact on the market and on the US dollar as well.
Yesterday's trading day closed with a total increase for 85 points by breaking local maximum price fluctuations in recent times - 1.0182.
Federal Reserve decision as well as rumors of further rate increase in 2017 pushed the dollar to rise.

Next few days.
we recommend to play long on the currency pair USD / CHF with a target point of profit-taking on the 1.0235 и 1.0320.
Up trend is still preserved as the top of the upward trend has still not been formed.
There is a possibility of short-term correction but after the results of the latest news from the Americas region general direction for the currency pair USD / CHF is growth.

 

[Superforex_Official]

Technical analysis of the currency pair EUR / CHF on 20/12/2016. The daily chart

General analysis
On Monday 19/12/16 currency pair EUR / CHF continued its decline by forming big dark candle with a decrease by 50 points. Also, according to the results of yesterday's session the support level 1.0700.
has been broken. Price was able to pass this mark and consolidate below the support level.

We are not expected major news from the Eurozone today so that the news background will be unusually quiet.

The graph of Stochastic indicator shows the convergence of the signal lines in the overbought zone.

Next few days

Break of the support level 1.0700 and fixing prices below indicates potential sales for EUR / CHF.
However, given the propensity of this currency pair to form false breakouts and the mixed signals from the indicator we can conclude that the opening of sale should be made only after receiving confirmation of the breakdown and fixing of the price below support at least with two candles.

The immediate goal to capture profits on sales below 1.0700 will be the level 1.0630.

 

[Superforex Official]

Partnership program for Educational projects

We have a special offer in our Partnership Program for all who specialize on Forex training courses for traders of all levels of proficiency. As our partner you will be given a status of a Licensed SuperForex Training Center. Compensation is based on commission on the trades made by the training center participants. It is important to note that you will continue to earn commission on trades by participants who have already completed your courses.

You are welcome to take advantage of our wide range of promotional materials. They can help you attract new clients as well as keep current ones interested and active. Browse our collection of merchandise, banners, logos, avatars, informers, APIs, certificates, and corporate seals, among others.

You can find more info via this link

 

[Superforex_Official]

Technical analysis of the currency pair EUR/USD on 22/12/2016. The daily chart

General analysis.
This week the currency pair EUR / USD has suspended its decline and has formed a minimum at the level of 1.0350, thereby updating the minimum of the price for the last 13 years. The price has broken down a very important support level 1.0550 on which all buyers had hoped so deeply. But the price has passed this mark and successfully fixed below the support 1.0550.

Break of 1.0550 has paved the way for the EUR / USD to decline to parity or even lower.

At the moment, we see a small correction against downward movement and the level of 1.0550 is likely to be tested again. But this time it will be resistance for the price and most likely we will see a resumption of selling from this level.

You can open the transaction to sell now but in this case we risk to enter for sale directly on the corrective upward movement.

The ideal case scenario will roll back the price to 1.0550 and rebound from it down

Stop-loss on sales should be determined depending of amount of your deposit and trading hours.
For intraday and weekly traders a good mark for SL will be the area above 1.0600.
Longer-term traders can place orders at 1.0680 and above.

 

[Superforex Official]

SuperForex Membership Club

Join the SuperForex Membership Club and get benefits from exclusive member-only offers! The SuperForex Membership Club is open to everyone - there are no entry restrictions.
Every customer who opens a real account with us can join the SuperForex Membership Club and take advantage of our member-exclusive special offers such as:

• Extra points for our Loyalty Program;
• Additional bonuses on each deposit;
• No commission on withdrawals under $25 & more!

You can find more info via this link