Talking about NordFX, here

  • Thread starter Thread starter tifagabe
  • Start date Start date
  • Watchers Watchers 15
Generalized Forex Forecast for 1-5 June 2015​

Let us start with a review of the forecast for the previous week:
- two scenarios were suggested for EUR/USD. One of them, supported by 52% of the analysts and 82% of the indicators, came true – the pair broke through the strong support at 1.1000, reached the zone of 1.0800 and, after a rebound, on Friday returned to where it had started – the level of 1.1000, which has now changed from support to resistance;
- there was total discord regarding GBP/USD among both analysts and indicators last week. Yet this pair also behaved decisively by immediately breaking through the strongest support at 1.5500 and running stepwise to the level below – the next support around 1.5300;
- the forecast for USD/JPY was fulfilled and even exceeded expectations. The pair was predicted to go up to 122.00 while it actually managed to rise above 124.00, reaching the high of July 2007;
- the behavior of USD/CHF has become very predictable lately – a strong mirror correlation with EUR/USD. Something similar took place last week – USD/CHF was expected to rise to a very strong resistance level of 0.9500 followed by a rebound downwards, which did happen.

Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be said:
- the majority of experts (↑ – 69%, → – 12%, ↓ – 19%) predict a steady rise for the EUR/USD pair. The technical indicators on the H4 timeframe concur. Yet on D1 they show the opposite – a downward movement. Furthermore, the systems of graphical analysis clearly draw a rebound downwards from the strong level of resistance 1.1000 to at least last week’s support around 1.0800. In fact, this appears to be a most likely scenario;
- there’s a real clash between the analysts and the indicators regarding the forecast for GBP/USD. Most of the former are for a rise (↑ – 61%, → – 15%, ↓ – 24%) whereas the latter predict a fall (↑ – 17%, → – 8%, ↓ – 75%). Considering that last week, contrary to the expectations, instead of rebounding off the support of 1.5500, GBP/USD broke through it, the pair can be expected to hold out in the range of 1.5250-1.5500 for at least a week this time. Already on Monday or Tuesday it should be clear whether the pair will take a timeout or continue its fall to 1.5000;
- both experts (↑ – 57%, → – 14%, ↓ – 29%) and indicators (↑ – 78%, → – 18%, ↓ – 4%) foretell USD/JPY to rise further to the next symbolic high of 126.00, which the pair reached last all of 15 years ago. This historic charge may turn out not so easy to execute, and the pair may have to keep charging, pushing off the support in the area of 123.20-123.60;
- yet again, there is nothing original for USD/CHF – an inverse correlation with EUR/USD and no independent escapades. The most probable scenario is a rebound from 0.9400 to 0.9540. Or alternatively, a fall to 0.9280.

Roman Butko, NordFX
 
Generalized Forex Forecast for 1-5 June 2015

Let us start with a review of the forecast for the previous week :
  • two scenarios were suggested for EUR/USD. One of them, supported by 52% of the analysts and 82% of the indicators, came true – the pair broke through the strong support at 1.1000, reached the zone of 1.0800 and, after a rebound, on Friday returned to where it had started – the level of 1.1000, which has now changed from support to resistance;
  • there was total discord regarding GBP/USD among both analysts and indicators last week. Yet this pair also behaved decisively by immediately breaking through the strongest support at 1.5500 and running stepwise to the level below – the next support around 1.5300;
  • the forecast for USD/JPY was fulfilled and even exceeded expectations. The pair was predicted to go up to 122.00 while it actually managed to rise above 124.00, reaching the high of July 2007;
  • the behavior of USD/CHF has become very predictable lately – a strong mirror correlation with EUR/USD. Something similar took place last week – USD/CHF was expected to rise to a very strong resistance level of 0.9500 followed by a rebound downwards, which did happen

Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be said :
  • the majority of experts (↑ – 69%, → – 12%, ↓ – 19%) predict a steady rise for the EUR/USD pair. The technical indicators on the H4 timeframe concur. Yet on D1 they show the opposite – a downward movement. Furthermore, the systems of graphical analysis clearly draw a rebound downwards from the strong level of resistance 1.1000 to at least last week’s support around 1.0800. In fact, this appears to be a most likely scenario;
  • there’s a real clash between the analysts and the indicators regarding the forecast for GBP/USD. Most of the former are for a rise (↑ – 61%, → – 15%, ↓ – 24%) whereas the latter predict a fall (↑ – 17%, → – 8%, ↓ – 75%). Considering that last week, contrary to the expectations, instead of rebounding off the support of 1.5500, GBP/USD broke through it, the pair can be expected to hold out in the range of 1.5250-1.5500 for at least a week this time. Already on Monday or Tuesday it should be clear whether the pair will take a timeout or continue its fall to 1.5000;
  • both experts (↑ – 57%, → – 14%, ↓ – 29%) and indicators (↑ – 78%, → – 18%, ↓ – 4%) foretell USD/JPY to rise further to the next symbolic high of 126.00, which the pair reached last all of 15 years ago. This historic charge may turn out not so easy to execute, and the pair may have to keep charging, pushing off the support in the area of 123.20-123.60;
  • yet again, there is nothing original for USD/CHF – an inverse correlation with EUR/USD and no independent escapades. The most probable scenario is a rebound from 0.9400 to 0.9540. Or alternatively, a fall to 0.9280.


Roman Butko, NordFX
 
Generalized Forex Forecast for 1-5 June 2015

Let us start with a review of the forecast for the previous week :
  • two scenarios were suggested for EUR/USD. One of them, supported by 52% of the analysts and 82% of the indicators, came true – the pair broke through the strong support at 1.1000, reached the zone of 1.0800 and, after a rebound, on Friday returned to where it had started – the level of 1.1000, which has now changed from support to resistance;
  • there was total discord regarding GBP/USD among both analysts and indicators last week. Yet this pair also behaved decisively by immediately breaking through the strongest support at 1.5500 and running stepwise to the level below – the next support around 1.5300;
  • the forecast for USD/JPY was fulfilled and even exceeded expectations. The pair was predicted to go up to 122.00 while it actually managed to rise above 124.00, reaching the high of July 2007;
  • the behavior of USD/CHF has become very predictable lately – a strong mirror correlation with EUR/USD. Something similar took place last week – USD/CHF was expected to rise to a very strong resistance level of 0.9500 followed by a rebound downwards, which did happen

Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be said :
  • the majority of experts (↑ – 69%, → – 12%, ↓ – 19%) predict a steady rise for the EUR/USD pair. The technical indicators on the H4 timeframe concur. Yet on D1 they show the opposite – a downward movement. Furthermore, the systems of graphical analysis clearly draw a rebound downwards from the strong level of resistance 1.1000 to at least last week’s support around 1.0800. In fact, this appears to be a most likely scenario;
  • there’s a real clash between the analysts and the indicators regarding the forecast for GBP/USD. Most of the former are for a rise (↑ – 61%, → – 15%, ↓ – 24%) whereas the latter predict a fall (↑ – 17%, → – 8%, ↓ – 75%). Considering that last week, contrary to the expectations, instead of rebounding off the support of 1.5500, GBP/USD broke through it, the pair can be expected to hold out in the range of 1.5250-1.5500 for at least a week this time. Already on Monday or Tuesday it should be clear whether the pair will take a timeout or continue its fall to 1.5000;
  • both experts (↑ – 57%, → – 14%, ↓ – 29%) and indicators (↑ – 78%, → – 18%, ↓ – 4%) foretell USD/JPY to rise further to the next symbolic high of 126.00, which the pair reached last all of 15 years ago. This historic charge may turn out not so easy to execute, and the pair may have to keep charging, pushing off the support in the area of 123.20-123.60;
  • yet again, there is nothing original for USD/CHF – an inverse correlation with EUR/USD and no independent escapades. The most probable scenario is a rebound from 0.9400 to 0.9540. Or alternatively, a fall to 0.9280.


Roman Butko, NordFX

Use information and resource NordFX analysis as the best learning to trade Forex. With the help this professional analysis you can find a reliable guide to determine the direction of your trade.
 
NordFX currently offer the most popular programs for Internet trading Platform in options - Trade Integral NFX, MetaTrader 5, MetaTrader 4 and MetaTrader 4 Mobile to help our clients to access their personal accounts and quotes from anywhere in the world.

You do not need to come to our office and spend a lot of time to fill and send the document agreed to open an account with us. Fill out a short form on our site and your account will open in a few minutes.

Fill Register Form Here!
 
NordFX currently offer the most popular programs for Internet trading Platform in options - Trade Integral NFX, MetaTrader 5, MetaTrader 4 and MetaTrader 4 Mobile to help our clients to access their personal accounts and quotes from anywhere in the world.

You do not need to come to our office and spend a lot of time to fill and send the document agreed to open an account with us. Fill out a short form on our site and your account will open in a few minutes.

Fill Register Form Here!

NordFX use trading platforms up to date so that the execution is very accurate, fast and precise.

Registration account in NordFX is also very easy, quick and simple. It only took a few minutes was able to trading.
 
For smoothness and ease of customer deposit and withdrawal in NordFX, has been providing a variety of ways that is easy and safe to use.



One of the advantages of NordFX, Deposit by Credit Card (Visa / MasterCard) is Instant Deposit. Also No deposit fee imposed by NordFX, eg. deposit $ 100 then they entry in the account is $ 100 as well.

I've proved many times the deposit by credit card, always processed Instant.
 
For smoothness and ease of customer deposit and withdrawal in NordFX, has been providing a variety of ways that is easy and safe to use.



One of the advantages of NordFX, Deposit by Credit Card (Visa / MasterCard) is Instant Deposit. Also No deposit fee imposed by NordFX, eg. deposit $ 100 then they entry in the account is $ 100 as well.

I've proved many times the deposit by credit card, always processed Instant.

NordFX offers a wide range of payment system, where you can deposit funds to trading accounts and withdraw funds from there with easily and safely even some of them deposits are processed instantly and without commissions, such as credit cards, electronic payment systems, etc.
 
Premium account NordFX

The Company NordFX offers you an opportunity to get Premium status.

Premium clients are provided with:
  • Complimentary debit card for quick and convenient funds withdrawal;
  • Decreased spreads for currency pairs;
  • Individual service.


To get Premium status you should open trading account with deposit more than 50000 USD.
To receive more detailed information apply to the manager of the Premium program premium@nordfx.com

Open Account


Company NordFX offers various types of trading accounts suitable for beginner and professional trader, please select your account here.
 
Generalized Forex Forecast for 8-12 June 2015​

First, a review of last week’s forecast:
- the majority of experts (↑ – 69%, → – 12%, ↓ – 19%) predicted a stable rise for EUR/US. The technical indicators on the H4 timeframe concurred. However, the systems of graphical analysis drew a downward rebound to the level of resistance at 1.1000. The rebound did happen, though not as strong as expected – the pair rolled down by 100 points and then, validating the experts’ opinion, moved upwards again reaching the strong resistance level of 1.1280-1.1300;
- the forecast for the GBP/USD pair was fulfilled 100%. It was predicted that despite the obvious gravitation towards the 1.5000 mark, the pair would spend the whole week in a sideways trend, which happened. The pair ended up where it had started the week – around 1.5270;
- the forecast for USD/JPY was also 100% accurate. It was expected that when assailing the height of 126.00, the pair would stage charge after charge, pushing off the support around 123.60. There were three such charges the previous week, and only on Friday did the pair break through the Japanese defence line at 124.60, almost reaching the target after a powerful surge;
- nothing original was predicted for the USD/CHF pair – an inverse correlation with EUR/USD and two possible scenarios: the first being a rebound from 0.9400 upwards, the alternative being a fall to 0.9280. The pair managed to execute both scenarios, after which it returned to the start mark of 0.9400.

Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be said:
- an absolute majority of the experts and the indicators (61%) predict that EUR/USD will complete Friday’s correction and continue to move up to 1.1500. It should be noted, however, that the very same experts agree that in July-August the pair ought to move back down to at least 1.0400-1.0500. According to graphical analysis, on Monday the pair should grow to the level of 1.1190 and then dash downwards to 1.1000;
- the clash between the analysts and the indicators regarding the future of GBP/USD continues. Most of the former (77%) are for the pair’s rise while the latter (100%) are for its fall. Considering that last week the pair was in a sideways trend, it can be assumed that this week the pair will be fluctuating around the axis of 1.5270, remaining in a 1.5150-1.5450 range. On a larger timeframe, the pair can be expected to return to the area of 1.5000;
- last Friday, USD/JPY already arrived at the level of June 2007, and the next record high will be 135.00 where the pair was in the winter of 2002. However, for this purpose the pair must first take hold around 126.00. The technical indicators offer two possible Pivot Points – 124.30 and 125.40. It seems more probable that 124.30 will become a support level for USD/JPY, leaning on which the bulls will push the pair upwards to the area of 126.70-127.40;
- 70% of the experts, 61% of the H4 indicators as well as the systems of graphical analysis predict that USD/CHF will rise to at least 0.9530. The main support level should be at 0.9340, to which the pair may descend at the start of the week in order to shoot upwards then.

Roman Butko, NordFX
 
Generalized Forex Forecast for 8-12 June 2015

First, a review of last week’s forecast :
  • the majority of experts (↑ – 69%, → – 12%, ↓ – 19%) predicted a stable rise for EUR/USD. The technical indicators on the H4 timeframe concurred. However, the systems of graphical analysis drew a downward rebound to the level of resistance at 1.1000. The rebound did happen, though not as strong as expected – the pair rolled down by 100 points and then, validating the experts’ opinion, moved upwards again reaching the strong resistance level of 1.1280-1.1300;
  • the forecast for the GBP/USD pair was fulfilled 100%. It was predicted that despite the obvious gravitation towards the 1.5000 mark, the pair would spend the whole week in a sideways trend, which happened. The pair ended up where it had started the week – around 1.5270;
  • the forecast for USD/JPY was also 100% accurate. It was expected that when assailing the height of 126.00, the pair would stage charge after charge, pushing off the support around 123.60. There were three such charges the previous week, and only on Friday did the pair break through the Japanese defence line at 124.60, almost reaching the target after a powerful surge;
  • nothing original was predicted for the USD/CHF pair – an inverse correlation with EUR/USD and two possible scenarios: the first being a rebound from 0.9400 upwards, the alternative being a fall to 0.9280. The pair managed to execute both scenarios, after which it returned to the start mark of 0.9400.

Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be said :
  • an absolute majority of the experts and the indicators (61%) predict that EUR/USD will complete Friday’s correction and continue to move up to 1.1500. It should be noted, however, that the very same experts agree that in July-August the pair ought to move back down to at least 1.0400-1.0500. According to graphical analysis, on Monday the pair should grow to the level of 1.1190 and then dash downwards to 1.1000;
  • the clash between the analysts and the indicators regarding the future of GBP/USD continues. Most of the former (77%) are for the pair’s rise while the latter (100%) are for its fall. Considering that last week the pair was in a sideways trend, it can be assumed that this week the pair will be fluctuating around the axis of 1.5270, remaining in a 1.5150-1.5450 range. On a larger timeframe, the pair can be expected to return to the area of 1.5000;
  • last Friday, USD/JPY already arrived at the level of June 2007, and the next record high will be 135.00 where the pair was in the winter of 2002. However, for this purpose the pair must first take hold around 126.00. The technical indicators offer two possible Pivot Points – 124.30 and 125.40. It seems more probable that 124.30 will become a support level for USD/JPY, leaning on which the bulls will push the pair upwards to the area of 126.70-127.40;
  • 70% of the experts, 61% of the H4 indicators as well as the systems of graphical analysis predict that USD/CHF will rise to at least 0.9530. The main support level should be at 0.9340, to which the pair may descend at the start of the week in order to shoot upwards then.


Roman Butko, NordFX
 
Generalized Forex Forecast for 8-12 June 2015

First, a review of last week’s forecast :
  • the majority of experts (↑ – 69%, → – 12%, ↓ – 19%) predicted a stable rise for EUR/USD. The technical indicators on the H4 timeframe concurred. However, the systems of graphical analysis drew a downward rebound to the level of resistance at 1.1000. The rebound did happen, though not as strong as expected – the pair rolled down by 100 points and then, validating the experts’ opinion, moved upwards again reaching the strong resistance level of 1.1280-1.1300;
  • the forecast for the GBP/USD pair was fulfilled 100%. It was predicted that despite the obvious gravitation towards the 1.5000 mark, the pair would spend the whole week in a sideways trend, which happened. The pair ended up where it had started the week – around 1.5270;
  • the forecast for USD/JPY was also 100% accurate. It was expected that when assailing the height of 126.00, the pair would stage charge after charge, pushing off the support around 123.60. There were three such charges the previous week, and only on Friday did the pair break through the Japanese defence line at 124.60, almost reaching the target after a powerful surge;
  • nothing original was predicted for the USD/CHF pair – an inverse correlation with EUR/USD and two possible scenarios: the first being a rebound from 0.9400 upwards, the alternative being a fall to 0.9280. The pair managed to execute both scenarios, after which it returned to the start mark of 0.9400.

Now regarding the forecast for the coming week. Generalizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be said :
  • an absolute majority of the experts and the indicators (61%) predict that EUR/USD will complete Friday’s correction and continue to move up to 1.1500. It should be noted, however, that the very same experts agree that in July-August the pair ought to move back down to at least 1.0400-1.0500. According to graphical analysis, on Monday the pair should grow to the level of 1.1190 and then dash downwards to 1.1000;
  • the clash between the analysts and the indicators regarding the future of GBP/USD continues. Most of the former (77%) are for the pair’s rise while the latter (100%) are for its fall. Considering that last week the pair was in a sideways trend, it can be assumed that this week the pair will be fluctuating around the axis of 1.5270, remaining in a 1.5150-1.5450 range. On a larger timeframe, the pair can be expected to return to the area of 1.5000;
  • last Friday, USD/JPY already arrived at the level of June 2007, and the next record high will be 135.00 where the pair was in the winter of 2002. However, for this purpose the pair must first take hold around 126.00. The technical indicators offer two possible Pivot Points – 124.30 and 125.40. It seems more probable that 124.30 will become a support level for USD/JPY, leaning on which the bulls will push the pair upwards to the area of 126.70-127.40;
  • 70% of the experts, 61% of the H4 indicators as well as the systems of graphical analysis predict that USD/CHF will rise to at least 0.9530. The main support level should be at 0.9340, to which the pair may descend at the start of the week in order to shoot upwards then.


Roman Butko, NordFX

Analysis is very accurate and precise. I follow NordFX weekly analysis specially for the currency pair EUR/USD and USD/JPY. The results of the analysis always satisfy for me every week.
 
NordFX having received multiple international awards as evidence and recognition of service excellence NordFX.

Forex Awards Ratings:
  • Best Micro Forex Broker 2014
  • Best Forex Broker, Russia 2014

China Forex Expo Awards:
  • Best Micro Forex Broker 2014

Academy Masterforex-V:
  • World Best Micro Forex Broker 2014
  • World Best Broker with Trading Signals Services 2014
  • World Best Forex Dealing Service 2014

We’re delighted to have won World Best Forex Dealing Service for the 4th time in a row.

Many thanks to all traders and panel experts who hold NordFX in such high esteem! This recognition certainly empowers us and encourages to strive for new heights and constantly improve our services.

More Infor visit NordFX
 
NordFX having received multiple international awards as evidence and recognition of service excellence NordFX.

Forex Awards Ratings:
  • Best Micro Forex Broker 2014
  • Best Forex Broker, Russia 2014

China Forex Expo Awards:
  • Best Micro Forex Broker 2014

Academy Masterforex-V:
  • World Best Micro Forex Broker 2014
  • World Best Broker with Trading Signals Services 2014
  • World Best Forex Dealing Service 2014

We’re delighted to have won World Best Forex Dealing Service for the 4th time in a row.

Many thanks to all traders and panel experts who hold NordFX in such high esteem! This recognition certainly empowers us and encourages to strive for new heights and constantly improve our services.

More Infor visit NordFX

NordFX is Broker with many awarded. Best quality services NordFX have gained international recognition of independent institutions, agencies and online financial magazine by awarded several " Best Award " to NordFX.
 
Crownless Krone
Currency Basket 2015-2016: How to Avoid Financial Setbacks
Causes and Effects of Black Thursday


Without question, the reliability of a currency concerns not only representatives of the IMF, central banks and other systemically important financial institutions but anyone deciding what country’s banknotes will at the very least safeguard their savings and ideally increase them.

For the past five or six years, currency ratings have been topped mostly by the Norwegian krone and the Swiss franc rather than by the US dollar or the euro. Back in 2008, HSBC analysts declared the Norwegian krone the most stable currency in the world. The same was said about the Swiss franc by nearly all world leading experts.

In 2011, the Swiss National Bank (SNB) reaffirmed its commitment to the minimum exchange rate of CHF 1.20 per euro and was prepared to buy foreign currency extensively in order to maintain it. Thus, taking into account the average interest rate Libor, the pair was supposed to be trading at 1.22-1.24 in the medium term. Rumor had it that the SNB might raise the EUR/CHF rate to 1.3-1.4 due to a sluggish economic situation in Switzerland.

Over the recent years, the Swiss National Bank kept the established rate. On 12 January 2015, SNB vice president Jean-Pierre Danthine officially called the cap on the franc a cornerstone of the country’s monetary policy. But already on Thursday, 15 January, catching the majority of financial market players off guard, the SNB decided to abandon all the restrictions for the currency market. As a result, the franc soared up almost instantaneously, even up to 30 percent at a time, which hasn’t happened for the past 25 years.

Who were the losers? In fact, there were many:
■ Firstly, it’s the SNB itself, whose assets were kept mainly in dollars and euros. As these currencies depreciated, the bank sustained a loss of about 60 billion.
■ Secondly, Switzerland’s economy was dealt quite a heavy blow. According to national stock market data, on Thursday, 15 January, the Swiss Market Index (SMI), comprising 20 largest companies, dropped 8.67 percent. One of the country’s main revenue items is exports. Swiss goods aren’t generally cheap, and if, for instance, Swiss chocolate becomes more expensive even by 15 percent, it will quickly start giving way to French and Belgian chocolate. The same applies to medicines and other export products. In Jean-Pierre Danthine’s words again, exporters may come short of 5 billion francs. On top of it, the share of tourism might contract whereas it currently stands at 7 percent of Switzerland’s GDP.
■ Thirdly, steep losses were sustained by those who had taken out Swiss franc loans as they got more expensive by 20 percent overnight. In France, for one, such contracts made 50 percent. Millions of private borrowers in other countries were affected by that turn of events – they considered the franc the most stable currency and thus believed that Swiss franc mortgages would be the most secure.
■ Deutsche Bank lost nearly €130 million due to the exchange rate, about the same as the US group Citibank in Europe and Barclays.

John Gordon, a leading analyst with international brokerage NordFX comments, “The exchange rate plunged so swiftly that brokers simply couldn’t close positions fast enough and those who traded against the franc suffered huge losses. The consequences for the Forex market were very grave, and hundreds of thousands of people worldwide said goodbye to their capitals.”

The next logical questions are why all that happened and who benefitted from it?

Some analysts tend to believe it was a plot by financiers (like what George Soros did with the British pound on Black Wednesday 1992). To prove it, they refer to a recoil 20 minutes after the fall of the dollar and euro rates – the profits gained by the initiators of the crash. They say that the initiators actually skimmed a 20 percent profit in just a few minutes!

Despite the fact that such a recoil did happen, most international experts hold a different view of the event. According to Alessandro Bee, a strategist at J. Safra Sarasin AG in Zurich (one of the oldest banks in Switzerland), the Swiss National Bank didn’t see any future for the franc rate cap, considering the strong US dollar and quantitative easing ahead in the eurozone.

Pick your reason (a possible Grexit, imminent ECB plans or the UK’s in-out EU referendum), the euro itself is facing a serious crisis and soon – so much so that, in Swiss bankers’ opinion, there’s just no time to contrive smart moves. Therefore, regardless of the losses, they decided to unpeg the franc from the euro. Otherwise, the sinking ‘euro Titanic’ would inevitably pull down the Swiss economy in its wake. Switzerland’s GDP certainly looks impressive with its $600 billion but, in comparison with the EU’s total GDP of 15,669 billion, it’s just too small to keep the euro afloat.

“What occurred has once more proved that it’s hardly possible to find an absolutely quiet and all-around sheltered haven for one’s savings,” says John Gordon from NordFX. “For instance, see what happened to the exchange rates of two of the most stable currencies supposedly. On January 15th, the Norwegian krone fell against the Swiss franc by over 17 percent. Krone investors lost majorly. Recently, I’ve come to realize once again that only a multi-currency basket can provide real capital protection. As for its makeup for the upcoming year or two, I wouldn’t concentrate on Norway’s krone. It’s just too dependent on oil prices and has dropped against the US dollar by about 25 percent over the past year alone. So, despite the Black Thursday developments, I still wouldn’t get rid of euros but actually stick with the classic combination – euros, US dollars and Swiss francs.

NordFX analysts believe that these three currencies aim at exchange rate parity around 1.0000, and the formation of such a congruent triangle should become the main trend for the next 6 months to a year. By the way, it’s not just our opinion but according NAB (National Australia Bank) forecasts, the EUR/USD exchange rate will reach 1.0000 already by this December and stay around it till at least the summer of 2016. Besides, SNB vice chairman Bruno Gehrig assured that the Swiss Central Bank would carry out large-scale interventions in order to curb growth of the domestic currency. To sum up, the tri-currency basket may not yield spectacular profits but, in any case, will help to prevent any tangible setbacks by acting like a gyroscope in a stable position regardless of the fluctuations on financial markets.”
 
NordFX is regulated broker with very good service and stable server, Instant execution, Pending order always open without slippage during news, deposit by Online payment system are Instant, Deposit with Credit Card (Visa/Master Card) also process Instant. Withdrawal Less then 6 hours, average 2 hours. NordFX also allow all the techniques and strategies trading make the clients are free to conduct transactions to earn unlimited profit.
 
NordFX is regulated broker with very good service and stable server, Instant execution, Pending order always open without slippage during news, deposit by Online payment system are Instant, Deposit with Credit Card (Visa/Master Card) also process Instant. Withdrawal Less then 6 hours, average 2 hours. NordFX also allow all the techniques and strategies trading make the clients are free to conduct transactions to earn unlimited profit.

That is right, I have proved it for more than 5 years with NordFX, all payments quickly and smoothly.
Execution Order is also appropriate, never requote and slippage till today NordFX is still the best for my choice.
 
NordFX is a licensed and regulated international broker.
Trade in NordFX with fully satisfied quality services and server.



Company registration: Nord Group Investments Inc., (reg.# 082831 C1/GBL), Mauritius

Regulation: FSC of Mauritius (license No C108006311), IFSC Belize.
 
NordFX is a licensed and regulated international broker.
Trade in NordFX with fully satisfied quality services and server.



Company registration: Nord Group Investments Inc., (reg.# 082831 C1/GBL), Mauritius

Regulation: FSC of Mauritius (license No C108006311), IFSC Belize.

NordFX is a Licensed Broker, provide the best service conditions and provide true freedom of trade.

Trading in NordFX with the best quality service and servers were really satisfying.
 
NordFX is Best Broker with Fast Server, Fast Execution, Fast Deposit and Withdrawal.



Also provide you :
  • QUALIFIED SUPPORT
    [*]PROFESSIONAL TERMINALS
    [*]FAST EXECUTION
    [*]LOW COMMISSIONS
    [*]SCALPER PARADISE
    [*]BEST SPREADS
 
NordFX is Best Broker with Fast Server, Fast Execution, Fast Deposit and Withdrawal.



Also provide you :
  • QUALIFIED SUPPORT
    [*]PROFESSIONAL TERMINALS
    [*]FAST EXECUTION
    [*]LOW COMMISSIONS
    [*]SCALPER PARADISE
    [*]BEST SPREADS

That is right, NordFX is scalper paradise, scalping without limitation, allowing all technique and strategy trading without limitation, supported with fast and stable servers as well as available deposit bonuses to be drawn with the lot terms easier.