Superforex Company News

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How to Get $88 No Deposit Bonus using SuperForex Mobile App​

In this video we will show you how to get the $88 No Deposit Bonus step-by-step using the SuperForex mobile app.

The SuperForex No Deposit Bonus allows Forex newcomers to try our services and start making a profit without risking any of their funds at all. This is a great option to test SuperForex services for free.

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Pattern Graphix

Pattern Graphix is an expert advisor software - it works in conjunction with the MT4 trading platform. This tool is very useful as it identifies patterns for you and makes suggestions on appropriate trades for the instruments you apply it to. In this way, you get proper advice on what might be good opportunities. You keep all control over your trades, as Pattern Graphix can merely advise you - it is still up to you whether to open or close deals, and how. All you need to know is that Pattern Graphix will mark everything important on the chart, doing all the technical thinking for you, and then you decide what to do with that information.

We offer this tool free of charge for all SuperForex customers.

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EUR/USD, Microsoft Review and Forecasts​

Today we will discuss EUR/USD, Microsoft review and forecasts, see the full video below

For more detail superforex here

 

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AUD/JPY Technical Analysis

As you can see, AUD/JPY is currently trading 100 pip lower in the 96.50 region after being rejected from the 97.50 area.

Since the pair exploded up from the 90.50 region at the beginning of the month, that is likely the most respectable pullback from the pair!

The fact that the 100 SMA has crossed below the 200 SMA to indicate a potential bearish reversal makes the situation even more intriguing.

But hold on! You should be aware that AUD/JPY still has strong support at its current levels before executing any sell orders.

One thing is that a trend line support that has been in place since last week coincides with 96.25. The trend line's alignment with the S2 (96.28) of today's Standard Pivot Points doesn't hurt AUD bulls either.

The market themes for this week might make or break the June rise for AUD/JPY.

The People's Bank of China (PBOC) reduced two of its benchmark interest rates earlier today by 10 basis points in an effort to promote economic expansion.

Most traders considered the change to be "mid" and kept pricing in their worries about China's economic expansion.

It didn't help that the Reserve Bank of Australia's (RBA) meeting minutes were released. Even though the central bank increased interest rates this month, its members "finely balanced" the choice.

I'm planning to exit around today's lows, but I'll be monitoring any bearish momentum to see whether AUD/JPY breaks through the support of its trend line and hits new intraweek lows.

How do you feel? Is the AUD/JPY pair prepared for a brief reversal?

USD/CHF and Cisco Review and Forecast​

 

[Andifx]

AUD/JPY Technical Analysis

As you can see, AUD/JPY is currently trading 100 pip lower in the 96.50 region after being rejected from the 97.50 area.

Since the pair exploded up from the 90.50 region at the beginning of the month, that is likely the most respectable pullback from the pair!

The fact that the 100 SMA has crossed below the 200 SMA to indicate a potential bearish reversal makes the situation even more intriguing.

But hold on! You should be aware that AUD/JPY still has strong support at its current levels before executing any sell orders.

One thing is that a trend line support that has been in place since last week coincides with 96.25. The trend line's alignment with the S2 (96.28) of today's Standard Pivot Points doesn't hurt AUD bulls either.

The market themes for this week might make or break the June rise for AUD/JPY.

The People's Bank of China (PBOC) reduced two of its benchmark interest rates earlier today by 10 basis points in an effort to promote economic expansion.

Most traders considered the change to be "mid" and kept pricing in their worries about China's economic expansion.

It didn't help that the Reserve Bank of Australia's (RBA) meeting minutes were released. Even though the central bank increased interest rates this month, its members "finely balanced" the choice.

I'm planning to exit around today's lows, but I'll be monitoring any bearish momentum to see whether AUD/JPY breaks through the support of its trend line and hits new intraweek lows.

How do you feel? Is the AUD/JPY pair prepared for a brief reversal?

For more detail superforex here

 

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AUD/CAD: fundamental review & forecast

AUD/CAD is one of the most highly volatile charts today. However, we still highlight the rapid downtrend in favor of the Canadian dollar, which has been observed since January of this year.

This month we observe a price correction in favor of the Australian dollar. As well as in the case with USD, the Australian currency received support on the signals of a rate increase in the future. The AUD was also supported due to the increase in the trade surplus in May. At the same time, the Canadian dollar was under pressure due to lower oil prices, despite GDP growth contrary to forecasts.

Assessing the prospects for the Canadian dollar, we first of all pay attention to oil, which is under pressure due to the strengthening of the USD, as well as lower demand from China and other countries. The reduction in oil supplies still does not convince investors about the demand for black gold. Forecasts until the end of the year are not impressive, because over the next 6 months, investors will expect an increase in the US rate, which will lead to a strengthening dollar and, at the same time, increase pessimism about the growth of production and the global economy.

Next week the focus will be on the meeting of the Bank of Canada and their decision regarding the rate. We believe that they will follow the example of others and postpone the rate increase until the end of the year, but there may be surprises. In the short term, we can still earn on the price correction, but in the long term, we believe the selling will be effective and the downtrend will continue.

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Make Profits Together with your Friends

Refer a friend program by SuperForex allows you to invite your friends to our company and get up to $1125 in bonus funds.

How to invite a friend to SuperForex?

• Open an account with SuperForex
• Create a separate account for the bonus funds
• Share your link with your friends

For more detail superforex here

 

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Stock trading available for everyone

Use the possibility to earn with the most well-known companies of the world. Many people think that investing in stocks is a costly and risky process. But despite the common myth, buying shares and earning a profit from their sale is not as difficult as it seems.

We offer some of the best trading conditions available for everyone

• Minimum Deposit $1
• 0% Commission
• +17 Payment Methods
• ECN Accounts

For more detail superforex here

 

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EUR/JPY | GAZPROM Review and Forecast​

Today we will discuss EUR/JPY | GAZPROM review and forecast, see the full video below

For more detail superforex here

 

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WTI Crude Oil (USOIL) Technical Analysis

Here's one for all of you commodity traders!

Look at these WTI crude oil inflection points for the near future.

The commodity has been drifting sideways for a while, and it appears that it is currently trapped inside an even smaller range.

Crude oil has been oscillating back and forth between support at roughly $64-67 per barrel and resistance at around $80 per barrel, as can be seen on the above 4-hour chart.

Price recently rose off the floor and is presently at the center of the range, near the region of interest.

Considering that this area has also been acting as resistance for a while, it appears that the recent gap upward was insufficient to lift the price of the commodity over the ceiling.

Crude oil may be refocusing on the longer-term range bottom from here, as the moving averages seem to be indicating. After all, the 200 SMA is acting as dynamic resistance when the 100 SMA is below it.

The crude oil bulls may still be able to advance, though, as Stochastic has still room to rise before suggesting buyer tiredness.

Watch out because a break above the $74-75 per barrel area could be enough to allow for another rise up to the top of the huge range.

Remember that the OPEC+ recently announced voluntary output cutbacks, meaning that the world's supply may stay constrained despite a potential increase in demand. When trading this risk asset, just be sure to keep an eye on risk sentiment.

For more detail superforex here

 

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Try It Yourself

The best way to decide if SuperForex is the right broker for you is to open an account and test the company’s services yourself. Note that you can also open a demo account, which does not use real money and is perfect for trading practice.

Sign up for a demo account and begin practicing before starting your journey.

For more detail superforex here

 

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Holy Apples

Apple iPhone 15 will be released in September 2023. This smartphone will mark the beginning of a new era in Cupertino as it marks the 15th anniversary of the original iPhone.

SuperForex joins the celebration and launches a new Holy Apples contest. We will take TOP-10 traders who traded Apple shares with the highest profit.

So join the Contest and maybe you will become the owner of a new iPhone 15.

For more detail superforex here

 

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We Expanded The List of Supported Local Currencies

We are happy to announce that besides standard accounts, you will now be able to open ECN accounts in local currencies. As of now, SuperForex adds ECN accounts in the following local currencies:

• CLP (Chilean Peso)
• COP (Colombian Peso)
• KRW (South Korean Won)
• TWD (New Taiwan Dollar)

Every time a trader makes a deposit or a withdrawal, they may be subject to exchange fees and commissions by the company performing the exchange. This is the case when the bank account, card, or e-wallet the trader is using is in a different currency from their trading account.

Local currencies eliminate this problem. Someone with a bank account in KRW, for example, and an ECN account in the same base currency won’t have to spend time and money on exchanging funds for each transaction. This in turn leaves more funds available for actual trading.

For more detail superforex here

 

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BTC/USD | Facebook Review and Forecast​

Today we will discuss BTC/USD | Facebook review and forecast, see the full video below

For more detail superforex here

 

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Bitcoin BTC/USD Technical Analysis

As you can see, the trend line support for BTC/USD has been present since the beginning of the year.

It's interesting to note that the decline in the value of bitcoin paused about the time when BTC/USD struck a significant area of interest.

I'm referring to the psychological level of $26,000.

The $25,500 - $26,000 range not only functioned as resistance in February, but it was also the place where BTC/USD bounced in the middle of June.

This time, a potential range support in the daily time frame is in the $25,500–26,000 region.

Even Stochastic, which flashes a "oversold" signal, is suggesting a potential bounce.

A rebound from the present levels of BTC/USD might push the pair back up to the $28,000 mid-range region, which is also close to the areas of the broken trend line and SMA.

If there is enough momentum, we might possibly witness a comeback to the 2023 highs over $31,000!

However, I wouldn't rule out additional declines.

Be aware that the price of BTC/USD is currently trading below the 100 and 200 SMAs for the first time since a bullish crossover took place in early March.

We could witness a decline back to the prior regions of interest at $24,000 or $22,700 if BTC/USD falls below the range support zone that we're observing.

For more detail superforex here

 

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GBP/USD and Boeing Review and Forecast​

Today we will discuss GBP/USD and Boeing review and forecast, see the full video below

For more detail superforex here

 

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Forex Copy for Masters

If you are a successful trader willing to show off and share your talent with others, this is an excellent opportunity for you. You can show the Forex trading community you are one of the best and earn an attractive compensation for sharing your strategy with others by becoming a Forex Copy Master.

How to Become a Forex Copy Master?

• Open a Real Account
• Register as a Master
• Your account will be added to the Masters' List

For more detail superforex here

 

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Great Black Friday Discounts

Dear customers,

SuperForex always strives to pleasantly surprise its clients, and today we are delighted to announce great discounts for the upcoming Black Friday.

The promotion period is from 20th to 30th November. This time, we are offering a 75% discount on spreads for the following trading instruments:

• Currencies
  USDJPY, USDCAD, NZDUSD, EURAUD, GBPAUD, CHFJPY, USDZAR, NZDSGD, USDTRY
  
• Metals
  XPTUSD, XAGUSD, Zinc, Copper, Aluminium
  
• CFD
  #ADBE, #AMZN, #GOOG, #SBUX, #UL, #UBS, ARAMCO.SA, AHLIBANK.KW, MEDIASET, MSCI, VOLVO, XPENG, ALSTOM, INDITEX, AIRBUS, PFIZER
  
• Crypto
  LTCUSD, XMRUSD, ETHUSD
  
• Indices
  #AUS200, DAX30
  
• Goods
  Wheat, Cocoa, Cotton

Open a trading account and take advantage of the amazing Black Friday offer.

For more detail superforex here

 

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ETH/USD | Spotify Review and Forecast​

Today we will discuss ETH/USD | Spotify review and forecast, see the full video below

For more detail superforex here

 

[Andifx]

EUR/USD Technical Analysis

Since reversing a months-long downward trend at the psychological level of 1.0500, EUR/USD has been trading within a broad range.

The pair has went lower from the 1.0750 area of interest, and it appears that the 4-hour Pivot Point line (1.0660) is holding off further EUR/USD selling, so we're going to be looking more closely at this pair today.

Will the EUR/USD pair recover from the 1.0660 turning point a third time and reach its 1.0750 peak again?

Bulls in EUR can profit from the consolidation occurring close to the present levels of EUR/USD and get ready for a potential rebound to the pair's historical highs.

If there is sufficient demand for EUR/USD, more bullish traders may target the 1.0850 inflection point or the R1 (1.0810) Pivot Point line.

But what if, in the ensuing trading sessions, EUR/USD breaks as a support?

The EUR/USD pair may fall lower to the S1 (1.0580) Pivot Point line, where the 100 and 200 SMAs are, if it trades and maintains its levels below the 1.0650 mid-range zone. If EUR/USD declines sufficiently over the next few days, we might potentially witness a retest of the 1.0520 range support!

Regardless of the bias you choose to trade, be sure you are aware of the typical daily volatility of EUR/USD and that you are up to current on the key players driving the market this week. You have to reduce the risks and increase the earnings, you know?

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