Thread: SuperForex - Company News

We are waiting for the continued movement.
At the moment we can observe a change in the trend for our pair against the backdrop of political factors and the strengthening of the American economy. Currently on the daily chart we see a slowdown in the downtrend.
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The US is withdrawing from the deal, but what does this mean exactly?
After weeks of speculation, this week we finally learned what would happen to the Iran nuclear deal: Donald Trump announced that the United States will be withdrawing from the agreement.
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The price is near the resistance level.
On Friday our pair slightly regained its position after the lack of strong data on the US economy. Therefore, we observe a price correction. Today a number of ECB members' speeches will take place, and a member of the FOMC (James Bullard) will give a speech in the US.
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The pair will try to update its minimums.
Our pair continues to be in a narrow corridor and volatility in the pair has declined over the past few days. Today we are waiting for a number of macroeconomic indicators for the United Kingdom.
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The intensive economic growth in Japan is over and has changed to a slowdown. So now is the best moment for the deals to BUY, given that the rates are in the oversold zone and the beginning of the price correction in favor of the NZD.
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USD / CHF Technical analysis

The pair is going up

This week’s data on retail goods in the US strengthened investors' expectations of higher interest rates this year. Against this background the dollar index strengthened and reached the figures of December 2017.
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Is the US-DPRK summit happening?
When North and South Korean leaders met at the end of April their summit was significant in more ways than one. First, most obviously, it was an important step towards friendship and peace between the two halves of Korea.
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The pair will move down.
Due to the progress in the negotiations between the US and China, we can assume that the situation is stabilizing. The US dollar continues to strengthen and we see a continuation of the downward movement in our pair.
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The pair will go up.
After a prolonged decline against the background of the growth of the US dollar, the pair reached the level from June of last year and at the moment it is growing. Now we expect the price to advance to the resistance level near the mark of 0.7640.
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The head of the White House announced that he did not have high hopes for the upcoming June 12 meeting in Singapore with Kim Jong-un. He also said that he did not want to spend too much time with his opponent, amid the uncertainty of talks between South and North Korea.
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