Re: SuperForex - Company News

[SuperForex]

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We are waiting for the confirmation signal.
After yesterday's collapse of stock indices around the world, today most of them are trying to adjust to the fall. The dollar index yesterday showed a slight increase, reaching the level of 89.57 as the reserve currency strengthened against the basket of major currencies during the American session.
More information see here

[SuperForex]

Investors this week prefer safe assets, so the JPY increased in price against the CAD. Short deals seem most effective now.
The Canadian dollar, which had previously been supported by increasing oil prices and positive economic data, again came under pressure. The price of oil is rapidly decreasing because of the growth of oil extraction in the United States and the situation on the US stock market this week which have a significant impact on the situation on the market.
More information see here

[SuperForex]

We are waiting for a downtrend.
Since the beginning of the fall of stock indices the exchange rate for the reserve currency began to strengthen, and at this point the dollar index has grown more than a hundred points since the beginning of the week.
More information see here

[SuperForex]

How are Brexit negotiations going in 2018?
While economic news lately have been dominated by topics pertaining to the American dollar and stock market, as well as the monetary policies of the European Central Bank and the Bank of Japan, one very important event deserves to be brought back into the spotlight: Brexit.
More information see here

[SuperForex]

Еhe dollar remains stable at the moment.
The dollar index is trading above the 90.00 mark, and oil prices remain at strong levels. Today we expect the monthly release of the OPEC report.

Today is not rich in news and we do not expect any macroeconomic indicators.
Given the technical indicators, we can see a decrease in demand for the Australian dollar and the formation of a downward trend for this pair.
Our pair has now found the resistance level near MA (21) and it is likely that after the test of this level it will go down again. The MACD is also in the negative zone.
We advice to look for points to enter short positions near the level of 0.7860 and set the take-profit near the level of 0.7730

[SuperForex]

We expect the pair to move downwards.
Since the beginning of today's trading session, the dollar index has fallen below the level of 90.00 and is currently losing its positions relative to the basket of major currencies.
More information see here
https://superforex.com/analytics/usd...0218/?x=FORUMS

[SuperForex]

The dollar is falling.
After the release of yesterday's inflation data, we saw an increase in stock indices and a weakening of the reserve currency, which was reflected in all other pairs, not in favor of the dollar. The dollar index showed a sharp decline, reaching its lowest since December 2014.
More information see here

[SuperForex]

This week provided many inflation reports, but what do they mean?
We have mentioned this several times within our previous articles, but today we thought it would be a good idea to look into inflation – the single most important determinant on the financial markets this year.
More information see here

[SuperForex]

We are waiting for a bearish movement.
Today we cannot expect the euro to strengthen against the dollar after Friday's decline. Data released on Friday in the US showed the strength of the US economy and supported investors' optimism.
More information see here

[SuperForex]

There are a number of factors that support the oil but the short deals seem more effective due to the constant increasing of oil extraction volumes in the USA that negatively impacts the rates.
Oil is above $60 per barrel, after two weeks of the price falling to $58.5
More information see here