Re: SuperForex - Company News

[SuperForex]

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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.
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[SuperForex]

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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[SuperForex]

Today we expect the pair to be bullish and we have strong buy opportunities.
Today we would take a look at the EUR/USD currency pair. July has been good to the euro, as the single currency was able to make steady gains over the past week.
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[SuperForex]

The pair has found a resistance level.
At the moment we observe a strong weakening of the reserve currency and our pair is moving down. We can assume that against the background of global news and trade wars, the US dollar will continue its decline. However, our pair has found a resistance level and suspended the upward movement.
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[SuperForex]

There's a high probability of a rate increase by the Bank of Canada today. The deals to BUY seem the most effective in the near future.
The rates are in the mode of extremely high volatility due to multidirectional macroeconomic statistics, as well as tension because of the trade war. The market is still afraid of the development of trade war and reacts to any news.
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[SuperForex]

The pair is headed down.
Despite the macroeconomic data released on Wednesday from the US, we are currently seeing that the dollar index has stopped its decline and is trying to win back the positions lost earlier.
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[SuperForex]

What could the consequences be if the United States takes its argument with the EU any further?
With the United States and China being number 1 and number 2 of the world’s biggest economies respectively, much of the trade war discourse has focused on those two countries.
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[SuperForex]

The uptrend is losing its intensity. However, the deals to BUY seem the most effective.
A month and a half ago an upward trend was formed, though it can be completed soon. For about two weeks the rates have been in the flat range of 1.5863-1.5974 SGD. Both currencies cannot find enough incentives for growth.
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[SuperForex]

The USD has good perspectives for further growth. The deals to BUY seem the most effective in the medium term.
The rates continue within the upward trend. It has recovered to the level of the beginning of 2017, in a high volatility mode. Over the past 15 months the value of USD has changed from 8.37 to 9.02 SEK. At the moment we can see a slowdown in the economic growth of the EU amid a soft monetary policy.
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[SuperForex]

The pair is headed down.
Today we expect the release of the manufacturing activity index from the Federal Reserve Bank. It is expected that it will be at the level of 21.6, rising from the level of 19.9. At the time of release we can expect an acceleration in the markets.
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