Forex Trading Expert Advisors (EA or automated trading system) and Custom Indicators (CI) for MetaTrader Platform.

Hello, dear Forum members!

I represent “FreshForex ” company and will be pleased to answer all questions of your interest. A few words about our company.

“FreshForex” company started its operation on the foreign exchange market in 2004 and today it is one of leading players on the Forex market in Russia and Commonwealth of Independent States (CIS). According to “Interfax”, one of the most famous research agencies in CIS, in 2012 year the company took 7th place among Top-10 leading brokers of the Forex Market in Russia.

Bright “FreshForex” brand continues its fast growth, winning over international market and gaining new supporters in World traders' community. There are good reasons for that: excellent trading terms, withdrawal of funds in a matter of minutes and the best possible openness of company to every client.

Evaluate advantages of trading with “FreshForex”:

• No minimum deposit
  
  45 currency pairs, CFD for metals, stocks, futures
  
  No commission for transactions and account funding
  
  Instant market execution from 0.1 sec.
  
  Prompt funding and withdrawal of money via the most popular payment systems
  
  Daily analysis and forecasts
  
  Free on-line education
  
  VIP service for each client
  

• Bonus «33 х 3» +33% for each replenishment of trading account
  
  Spreads in half - Highest spread payback in Forex – up to $10 per lot
  
  Stop Out Insurance - Up to 100% of replenishment amount is compensated under Stop Out
  
  Double benefit - Up to 20% of interest per annum for both free and margin funds.

You can learn more details about our company on our official web-site www.freshforex.com 

Bonus “33 х 3”: Non-Stop trading!
01 November 2013

Dear Clients!

"FreshForex" company sets a green light for your trading and gladly informs: unqiue bonus plan “33 х 3” has been prolonged till December, 31 of 2013!

Trade non-stop with renewed bonus plan “33 х 3” on each replenishment of account and obtain following advantages:

33% to drawdown protection;
33% to increase of your trading volume;
33% of money funds one can withdraw from account.
Pick up the speed, increase volumes and get even higher profit! Learn right now how to connect to “33 х 3” bonus on “Bonuses and promotions” section of the web-site or consult your personal manager.

Please study the terms of “33 х 3” bonus in the part of applying and usage.

Wish you lucky trading!

“FreshForex” - fresh view on money

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Now RBK Money depositing is available for all «Freshforex» clients!

Dear clients!

The «Freshforex» company keeps doing their best to make trading of every single client most convenient. We are glad to inform you about the RBK money worldwide spreading. Now all our clients can use «RBK Money» and «Visa/MasterCard (RBK.Money)» to deposit in their trading accounts. Using this system you can deposit fast, easily and FREE.

You can look through all the instructions on our web-site at the category «Deposit and withdrawal». To use these deposit methods, you need just confirm your Personal Data.
RBK Money depositing is free of charge!

Remember, more than 20 deposit and withdrawal methods are available for «Freshforex» clients.
Wish you lucky trading!

“FreshForex” - fresh view on money

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How clients of “FreshForex” company traded in October?

Dear Clients!

October has come to an end, which means that it is the right time to have summarize results and give attention to the most significant events of the past month.

In October, all participants of the currency market had been looking forward to results of the battle between USA President Obama and the Congress regarding increase of the debt ceiling. On October, 13th, political games had been over and result was positive for the USA. Weak data on labor market of the US boosted main rivals of USD and the European currency succeeded the most by establishing a fresh High of 2013 year at the point of 1.3831.

End of the month was also eventful. FRS of the USA remained its monetary policy unchanged, because budget crisis did not allow getting macroeconomics statistics. FRS dropped a hint that the decision on narrowing of QE (quantitative easing) program can be made on December meeting.

Eurozone provided markets with the data about decline in inflation and growth of unemployment. In the nearest future, such negative data can lead to decline of the major interest rate by EuCB – the measure essential for priming of the economy.

Below we offer you to have a look at results of trading of “FreshForex” clients for October:

Relation between profitable and loss-making trades:

Percentage of profitable trades exceeded percentage of loss-making trades and amounted to 54% .

Highest income per month:

Amounted to 8574% of deposit.

The most active client, number of trades per month:

The most active client conducted 1317 trades.

We remind that you can find the most important figures regarding company's operation in “Facts and figures” section of our web-site.

Wish you successful trading!
“FreshForex” - fresh view on money

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Setup for trend does not seem complete
EUR/USD


Monthly chart: rollback in the direction of Bollinger medium band continues (1.3081), from where start to upwards movement for the target 1.4260 is supposed to be. Only upon breaking of 1.2749, we can consider any middle-term bearish scenario.

Weekly chart: we witness support from the medium band (1.3328), whereas rollback swing has been fully formed. That can allow bulls to start directly from current levels. Bollinger envelopes boost upward movement, but probable deepening to 1.3081 still should be considered. In case of downward movement one can speak for a local O&U with the outlook described by the red arrow.
Conclusion: main option is touching of zone 1.3081 and start for upper targets: 1.3328, 1.3612. An alternative option is growth of Euro without continuation of down trend, directly from zone 1.3328. There is a point for buyers to keep Stops below 1.3081, cause under breaking of this point, a strong impetus for reversal will appear.
Learn more 

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“FreshForex” company became a member of KROUFR

Dear clients!

We are glad to inform you that “FreshForex” company was certified to become a member of non-profit organization - the Financial Regulation Agency (KROUFR). From Russian its name stands for as the Commission on Regulating Relations between Participants of Over-the-counter market.

Joining KROUFR is not only a big step towards consolidation of trust relationship with traders, but is also a sign of a full commitment to long-terms and fruitful cooperation with all participants of financial markets aimed to improve standards of the Forex industry in general.

Director of “FreshForex” company Denis Korolev comments on this event: “Joining KROUFR is a consistent step in our development, we strive for a maximum possible transparency in relationship with clients and partners, stand for a honest and open competition on the Forex market.

We plan to take an active part in developing this organization, which is currently the most reputable entity uniting traders and ready to comply with the rules and procedures adopted by the KROUFR professional community”.

Reference about KROUFR

The agency started its operation in 2004 year. As of today, its activity is aimed to develop services and manage relationship between Russian participants of international financial markets. The main protection mechanism is the KROUFR public commission including representatives of brokers, traders and investors.
Read more 

Wish you successful trading!
“FreshForex” - fresh view on money

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"FreshForex" will participate in the web-research held by “Interfax”

Dear clients!

We are glad to inform you that FreshForex company is again going to take part in the most prestigious research of global market of Forex services held by the centre of economic research of the “Interfax” information agency - one of the biggest news agencies in Russia.

Advantage of the "Interfax" rating is that Forex broker companies are estimated by traders from all over the world according to different categories. That’s why the rating results are objective, unbiased and trustworthy.

The result of this research will be building of rating of the best Russian and foreign Forex-companies rendering service on global financial markets.

Wish you successful trading!
“FreshForex” - a fresh view on money

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Evaluate our updated forex economic calendar

Dear clients!

We invite you to evaluate our updated economic calendar of Forex market events. By popular demand, one of the most required services on our web-site got an improved interface. We tried to pay attention to all your needs and made our calendar more convenient. Not only design of the calendar was changed, but its functional as well:

1) News is updated immediately at the moment of publication;
2) The most important news is marked not only with stars rating, but also with the colour;
3) Description of important events is added;
4) Graphs of economic indicators are added;
5) The calendar is available in three languages: English, Russian and Chinese.

Right now you can find review of coming events of the Forex market in our updated economic calendar in "Analytics" section of our web-site .
Be ready to the most important events of currency market with «Freshforex» company!

Wish you successful trading!
“FreshForex” - a fresh view on money

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Sketches for the week
EUR/USD


Monthly chart: half of the month is behind and one can see how hard it is for bears to get rollback. General tendency is that it is difficult to continue to move up without touching zone of Bollinger medium band (1.3060).

Besides, this rollback swing can become full only after a new Low will have been reached by December bar (with all that it implies in terms of time)

Getting below the medium band would be a warning bell for buyers, but break of beginning up-trend would be only possible under the breaking of 1.2749. Until it happens, present things must be taken as the preparation for the impetus to zone 1.4260.
Read more 

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EUR and GBP need drivers for growth
Review of the past week


The past week, quotes of Eur/Usd, Gpb/Usd and Yen/Usd pairs grew.


We will traditionally start from the review of Eur/Usd. Core event of the week for the united European currency was GDP report for the 3rd quarter published on Thursday, 14th of November. As we expected, the data was just little worse than forecasts, on the point of 0.1% per quarter. GDP reports for the 3rd quarter were also published for the leading economies of Euro zone: German, French and Italian. All countries showed decline against the 2nd quarter, in particular, Italian data stands out. GDP of this country gives negative data for as long as 9 months in succession! On the background of such negative data, Euro weakened down to the point of 1.3418. However, weak data on the trade balance and industry output of the US let Eur/Usd quotes grow to the 35 figure and trade week closed at the point of 1.3495.


The speech of the future FRS Chief Janet Yellen in the Senate Banking Committee also must be mentioned, where she told that now it is not the time to curtail QE3and it is required to wait until the economy steps into the phase of sustainable development. This factor added to growth of the European currency.


Over the past trading week, the British Pound was at risk, further to release of weak inflation data. Consumer Price Index dropped down to 2.2%. The last time such weak data was received in September, 2012. On this background, quotes declined to the point of 1.5853. However, the next day the pair started a confident upward movement. As we mentioned in our previous week review, British currency demonstrated its strength. On Wednesday, 13th of November, Bank of England presented its quarter report on inflation. It raised forecast on growth of the UK economy and it the possibility of the interest rate increase in the end of 2014 under reach of target level of unemployment was also stated.


Investors reacted positively and started active openings of long positions on Gpb/Usd. Trade week closed at the point of 1.6119, near to strong resistance level.


Participants of trades with Yen/Usd managed to reach the point of 100.00. Over the last two weeks, bears actively resisted, but bulls overwhelmed at last. Japanese GDP for the third quarter showed decline, but is above expectations. Japanese currency neglected this report and investors focused on Janet Yellen's speech in the Senate Banking Committee. Future FRS chief stated that it is necessary to remain current monetary policy unchanged within near months, which encouraged bulls to open long positions. Growth of Nikkei 225 stock index over the entire week also added to optimism of bulls and Yen/Usd closed the week at the point of 100.19.


Forecast for 18 – 22 November at Freshforex web-site

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Bulls marked their advantage
EUR/USD


Monthly chart: bulls are vehement in their task and do not let a full rollback to happen. In the terms of trend's structure, they need one more Low in the beginning of December so they can get a completed rollback (further to which they can proceed to a full attack). Current resistance is located into the upper band (1.3809), whereas support line is based on the medium one (1.3106).


After a possible rollback to the medium one, we can consider about the possibility of very profitable entrances to purchases with medium target as for 1.4260.


Learn forecast 

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Will Pound be able for a new High?
Review of the past week


The past market week was marked by growth of three major currency pairs. Records of the last FRS meeting exerted a pressure on Eur/Usd quotes. FRS stated that on coming December meeting it can consider QE3 cutting. Rumors about a probable introduction of negative rates coming from EuCB were also like oil in the flame. These both factors supported US dollar, whereupon EUR/USD dropped down to 1.3399. Positive PMI data in industrial sector and German IFO supported demand in Eur/Usd pair, which closed trading week at the point of 1.3556. From the one hand, positive statistics from the leading economy of Euro zone is positive for the united European currency, from another hand, the only Germany is not enough to drive European economy. Apart from the records of the FRS meetings, records of the last BoE meeting were published as well. British regulating authority stated that inflation will decline in the nearest months, whereas unemployment will on the contrary drop. It was also stated that increase in interest rates may not necessarily follow right after the target level is reached. Positive data on the balance of industrial orders by Confederation of British Industry also supported cable in pairs with Euro and USD. Gbp/Usd closed trading week at the point of 1.6225 closer and closer reaching high of 2013. Meeting of the Japanese CB did not give surprised to participants of the market. GDP decline in 3rd quarter in the rate of 1,9% per annum was marked by the JCB management as a temporary delay. Also it was stated that now it is too early to discuss the policy of leaving stimulus programs. Positive mindset of investors on Japanese stock exchanges encouraged bulls to take new highs. The week was closed by USD/JPY at the point of 101.27.


Forecast for the week 25 – 29 of November 

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«FreshForex» prolongs "Spreads in half" promotion


Dear Clients!

By your popular demands, "Freshforex" company prolongs a favorite bonus of traders "Spread in half" till 31st of January, 2014
Connect your trading account to "Spreads in half " bonus and get the highest spread rebate in the Forex market. Choose what's better for you:

• 5 USD for each trading lot on profit trades.
• 10 USD for each trading lot on loss trades.

Bonus advantages have been already appreciated by more than thousand of traders. Join us! You can start using promotion, as well as get acquainted with other profitable bonus offers for traders on our website in the "Promotions and bonuses" section.

Wish you successful trading!
“FreshForex” - a fresh view on money

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No surprises should be expected from EuCB
Review of the past week


Quotes of major currency pairs continued its emergence in the past week as well. According to results of the week, USDX index lost 0,2% and the largest loss was received by US currency against British pound.


Euro zone provided mixed statistics. Negative data on German labor market and retails were changed by moderately positive inflation and unemployment reports in Euro zone. Weak report on US consumer confidence CB showed the lowest values for the last 7 months and along with decline in durable goods orders figure supported demand in European currency. Eur/Usd closed trading week near to 36. Upon overcoming strong resistance level 1.6260, British currency accelerated its growth. Investors were encouraged by growth of consumer spending index, which is a crucial part of the economy, as well as by the comments of Bank of England Governor Mark Carney told about withdrawal of support package for mortgage lending as from January, 2014. He also stated that improvements in Euro zone are required to continue growth of the UK economy and internal demand solely is not able to ensure a serious recovery, when spoke in the Parliament's hearings. Nevertheless, British pound managed to establish a fresh high of 2013 at the point of 1.6382.


Japanese news background was also mixed. Inflation remained on October level at the point of 1.1%, which is undoubtedly positive for Japan coping with inflation. However, the data on unemployment and industry output was negative. In general, Jpy/Usd shows a steadily ascending tendency and 5th trading week in succession is closed above the previous one.
Read the Forecast 

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“Europeans” can undergo downward correction
EUR/USD


Monthly chart: so, bulls have formed a pinbar, whereof they seemed to guarantee themselves mid-range outlook for growth to 1.4260. Nevertheless, our main review indicator ADX went down, which predetermines either monthly bounce down (or to 50% of pin in the area of 1.3440) or a deeper correction to the area of Bollinger medium band (1.3106). This plan is described by a red arrow.


Upon that, this ADX position can lead to even a more profitable bearish line: it is a touch of 1.3834 and an active move down, to continue accumulation of volumes in a giant triangle range.

Alternative option in this case is a dash upwards, for the 1.4285 point. This plan can only be considered in the position above 1.3834.


Read more 

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Now clients of “FreshForex” can use PayPal to replenish accounts!


Dear clients!

We are glad to let you know that "FreshForex" company is extending the list of available payment methods. Now clients of the company can replenish their accounts with the help of PayPal - one of the world leading companies in the field of payments and money transfers via the Internet.

PayPal system is well-known around the world due to its reliability and usability. To use this payment system, it is just enough to confirm your personal data and tie bank card to your PayPal account.

There is no commission charged for replenishing of “FreshForex” accounts via PayPal. The system works in US dollars. Conversion into currency of account is made according to the internal rateof the company efficient by the moment of performing of a funding transaction.

Let us remind you that clients of “FreshForex” company can use more than 20 methods of replenishment and withdrawal of money funds.

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Get $30 for an article about Forex!


Dear clients!

We remind you that our company provides "Bonus for the article" promotion. Do you have experience in the Forex market? Do you want to share your knowledge with other traders? We invite you to become one of authors of the educational project "CleverFX" Forex Encyclopedia.

To take part in the promotion, send us your unique article about foreign exchange market, wait for its publication and get $30 to your trading account in the company.

"CleverFX" is an unique educational project of "Freshforex" company, which so far includes several hundred articles about foreign exchange market. The project is created exceptionally by traders and for traders.

Let’s write Forex history together!
Prior to taking part in the promotion, please read its terms.

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How clients of “FreshForex” company traded in November?


Dear clients!

November has come to an end, which means that it is the right time to familiarize with trading results achieved by “Freshforex” and underline the most significant events of the last autumn month.

November was eventful in the Forex market . European Central Bank reduced the interest rate by 0.25% and acted as a main news maker. Eurozone was threatened by deflation and the regulator decided to make serious steps in its monetary policy. Further to the decision about interest rate, there were rumors on the market about possible introduction of negative rates in the Eurozone. All these factors put pressure on the EUR/USD pair quotation and a flat trend had been witnessed over a month.

British currency, in contrast, markedly increased in weight against its U.S. rival. Positive releases on British economy allowed to install a fresh 2-year high of GBP/USD quotation.

Japanese currency continued to weaken against U.S. dollar in November. Inflation in the country of the rising sun is gradually growing and the Bank of Japan said that it will continue to hold a large-scale stimulative policy in the same volume.

Below we offer you to have a look at results of trading of “FreshForex” clients in November:

Relation between profitable and loss-making trades:
Percentage of profitable trades exceeded percentage of loss-making trades and amounted to 64.9%.

Highest income per month:
Amounted to 1060% of deposit.

The most active client, number of trades per month:
The most active client conducted 1376 trades.

We remind that you can find the most important figures regarding company's operation in «Facts and Figures» section of our web-site.

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Week sketches for three pairs
EUR/USD


Monthly chart: the pair is approaching upper Bollinger Band (1.3860), which will be quite able to send the pair to get corrected the area 1.3354. If bulls show strength and will break 1.3860, then the point 1.4260 will become an alternative verdict (marked by red arrow).

Weekly chart: a local support by Bollinger medium band is seen (1.3421). Thus, we either will face rollback to this line from 1.3860 and further growth, or break through 1.3860 to 1.4260 without rollback.


Read more 

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USD/JPY: fresh high of 2013 is not far off
Review of the past week


The last week was the first trading week of the new month and thus had been very eventful. European currency managed to consolidate strongly against its US associate. EuCB meeting was conducted on December, 5th. As it was expected, European regulator remained discount and deposit rates without changes. Over the last days, there were rumors that negative rates would be introduced in Euro zone and the market received refutation of this information.


On this background, a confident growth of Eur/Usd quote has been witnessed, though provisional GDP for the 3rd quarter received good data. Friday's report on labor market sprang a surprise for market's participants, in particular, it was growth of Non-Farm payrolls index to the point of 203 000. Though European currency reacted this only in the form of technical correction, upon which growth of quotation continued. Also, a notable upsurge took place on leading stock exchanges of the world. To conclude, US positive data was not able to persuade investors that FRS would decide about cutting of QE3 on its nearest meeting on December, 17-18.


British currency had been descending during entire week. Positive data on construction and manufacture PMI did not encourage bulls to storm new hills. Whereas release of PMI for service sector disappointed investors having demonstrated its low for the last 5 months. Also, its rate was pressed by Eur/Gbp growth – this cross-rate consolidated a lot.


BoE meeting was held on Thursday, 5th, and it was decided to remain current monetary policy unchanged. Usd/Jpy had been experiencing correction over the most part of the week, after which it had reached a fresh 6-month's high. Positive data on the US labor market contributed to growth of the US currency. Usd/Jpy pair closed trading week on the point of 102.88. The futures on stock index Nikkei 225 also showed a confident growth further to three days of correction. Correlation between those two pairs is still very strong.


Forecast for the week 9 – 13 of December 

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“New Year Money Bag” from “FreshForex” company!


Dear clients!

We are happy to let you know that Freshforex company opens a season of Pre-New Year trading! “New Year Money Bag” is a big drawing that Fresh Frost magician prepared for you.
Trade actively for whole December and get one of three tickets to enroll money prize drawing held by “FreshForex”: 25 prizes for 300$, 5 prizes for 1500$ and one main prize – 15 000$!
Total prize pool of the promotion amounts to 30 000$! Prize amount and value of the ticket depend only on your trading activity. Everybody will have the chance to win money prize – more than 30 traders will be the winners!
Take part in the “New Year Money Bag” promotion and get your happy ticket in the big drawing by “FreshForex”!
Right now you can learn detailed terms of the promo on the-company's web-site.
“FreshForex” company wishes you a happy coming New Year holiday!

Learn more 

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Australian still stands off Euro and Pound
EUR/USD


Monthly chart: Area of 1.3859 will be repeatedly tested (upper Bollinger Band), further to which bulls either start attacking 1.4260 or will roll to the medium band (1.3121, marked by red arrow).
Weekly chart: here, 1.4260 level seems like a verdict. The question is only in the direction of movement – whether it will be direct or through rollback to the medium band. So far, a more located support – in this case 1.3442 – does not allow to rely upon a deep movement to 1.3121.
Daily chart: an even closer level of potential demand is 1.3601. Most likely that 1.3859 will be broken exactly after touching this very area.

Learn more 

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Spotlight on the Fed reserve meeting
Review of the past week


The past week on the Forex market was not very notable in terms of macroeconomic statistics. According to the week's results, united European currency managed to consolidate its positions a little, despite weak European stats. Industrial output decreased by 1.1% over the month, which is the lowest value from October, 2012 and indicates problems of the European manufacturing. On Thursday, 12th, in the US report on retails was published. The volume of retail grew by 0.7% which says about good paces of growth, because consumer expenses play a very important role in the US GDP. Though USD consolidation against its main competitor was moderate and trading week was closed by it on the point of 1.3741.


In the beginning of the past week, GBP/USD quatations have been moderately growing. On Monday 9, BoE Governor Mark Carney stated that British economy allows optimistic estimations and now it is difficult to find the reason of deteriorating of a potential upsurge in the economy. Such positive comments encouraged British currency to set a fresh year high at the point of 1.6464. However the fuel for growth expired at this point and bears entered the game. British economy provided a mixed news background: manufacture grew for 0.4%, whereas visible trade balance sheet was rather worse than the medium line of forecasts. Strong retails stats from the USA poured oil on the fire as well as the positive dynamics of Eur/Gbp.


Trading week was closed by Gbp/Usd pair below 63 figure, at the point of 1.6295. Japan provided negative macroeconomic stats. Total GDP estimation for the 3rd quarter showed reduce by 0.5%. Also it is necessary to underline weak data on business index for big manufacturers BSI, which demonstrated drop in 5.5 points against the previous quarter. In case of further deterioration, one can expect additional softening of monetary policy by Japan that will instigate one more wave of Usd/Jpy growth. Further to publication of a strong report on the US retail, USD/JPY quotes went up and established a fresh year high at the point of 103.91. After that, bulls decided to fix profit and trading week was closed by the pair at the point of 103.24.


Forecast for the week December 16 – 20 

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Company work schedule during the holidays

Dear clients!
Please be informed about changes in the work schedule of "FreshForex" company's during the holidays.
Changes in the trade schedule:
• 04.12.2013 (Tuesday) - early closing of trade at 8:00 p.m. EET *.
• 25.12.2013 (Wednesday) - trade is closed.
• 26.12.2013 (Thursday) - trade starts at 01:00 EET. CFD on futures - trade is closed.
• 31.12.2013 (Tuesday) - early closing at 4:00 p.m. EET
• 01.01.2014 (Wednesday) - trade is closed.
• 02.01.2014 (Thursday) - the beginning of trading at 01:00 a.m. EET. CFD on futures - opening at 2:00 EET p.m.
* EET - Eastern European Time corresponding to GMT +2 in winter and GMT +3 in summer (time of the company's trading company server).
We remind you that due to low liquidity and high volatility of the market during the holidays, opening of positions incurs an increased risk, so please keep your margin above 200% and protect your positions with Stop orders.
Also, from 24 December 2013 to 3 January 2014, the company's trading conditions may be altered according to regulatory documents of the company (increase of spread, increase of order setting levels, restrictions for trading with certain instruments etc.).
Schedule of customer support service and finance department:
December 31, a short working day - 3:00 a.m. to 10:00 a.m. GMT.
1, 2, 4, 5, 7 of January are the weekends.
3 and 6 of January are short working days - from 8:00 a.m. to 12:00 noon GMT. Please note that from 1 through 8 of January 2014, money transfer can only be made by electronic payment system.
From January 8, the company will work in a regular mode. If you have a question, please contact Customer Support Service or your personal manager.
«Freshforex» company wishes you Happy New Year and Merry Cristmas! May joy and success attend you in the New Year!

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Currency market is off-side
Review of the past week


The past week on the Forex market was very interesting in terms of events. On Wednesday's evening, Fed Reserve declared about start of seizure of QE3 stimulative program. Chief of the US regulator Ben Bernanke stated on the press-conference that indices of the labor market and GDP are rather optimistic, whereas inflation is scarcely amendable to control, FRS will closely watch this figure. It was also stated that on its next meeting in Jan 2014 the Federal Open Money Committee will consider the issue about tapering of its buying program.


This step taken by FRS was reflected by major currency pairs by moving into both sides, further to which US currency consolidated. Leading stock exchanges responded to this statement by growth of their quotations. This rally encourages bulls a lot when it came to Usd/Jpy pair and a new year high was reached.


British stats continues to encourage investors. This time market participants received a positive report on unemployment level, which reduced by 0.2% down to the level of 7.4%. In contrast to euro, the pound finished the week with a slight growth.


On the last trading day of the past week, Japanese CB's meeting took place. As it was expected by market participants, the volume of bond buying remained as it used to be. Regulator declared that it is ready to adjust its monetary policy whenever necessary. And one can expect that this necessity can arise in 2014, which will lead to further weakening of the Japanese currency.


Forecast for the week December 23 – 27 

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"FreshForex" company wishes you a Merry Christmas!

Dear Clients!
"FreshForex" company wishes you a Merry Christmas and Happy New Year! May joy and success attend you! Let your life and financial indicators only increase! And to make the holidays even more memorable, we invite you to take part in our Christmas campaign "New Year Money Bag."

"New year money bag” is a big drawing, which Fresh Frost prepared for you. Trade actively during ecember and gain one of three tickets to enroll the drawing of cash prizes from "FreshForex". Detailed information about the promotion conditions can be found right now on our website's "Promotions and Bonuses" section.

Also we suggest you to have a look at changes in holiday's schedule of "FreshForex" company.

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New design of the “Fresh Forecast” pages

Dear clients!
We are glad to inform you that we have updated design of the “Fresh Forecast” pages. You can evaluate changes and try a more convenient format of this familiar service right now by clicking on any of the six types of forecast.

We remind you that “Fresh Forecast” is up-to-date and fresh forecast represented in a daily and weekly format. Six types of market reviews from the best experts of “FreshForex” company will help you to be prepared for any movements of the market.

Choose your type of forecast and rely on it for a more profitable trading!

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5 days are left to the drawing of 30 000$!

Dear traders!
We are hasten to let you know that 5 days are left to the drawing of New Year money prize - 30 000$ - from “FreshForex” company!
Let us remind you that the company prepared unparalleled promotion for its clients - “New Year Money Bag”. Get one of three tickets to enroll money prize drawing held by “FreshForex”: 25 prizes for 300$, 5 prizes for 1500$ and one main prize – 15 000$!
Be on time to take part in the “New Year Money Bag” promo and get your happy ticket in this big New Year drawing!
Winning numbers of tickets will be selected on a random basis among all participants on December 30 of 2013 year at 8.00 am GMT.

More than 30 traders will become happy owners of money prize.
Do not miss your chance! Please learn detailed terms of the promotion.

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Enter New Year with a reliable protection of deposit!

Dear traders!

December 31 is not only the last date of the year, but also of the “Insurance against Stop Out” promo. However, Fresh Frost has prepared one more gift for traders!
By numerous requests of clients as well as in the honor of coming New Year, Fresh Frost extends a popular promotion till March 31 of 2014 year!

“Insurance against Stop Out” is a reliable protection of your deposit against failing trades. Just switch your account to the promo and get up to 100% from replenishment amount on the event of Stop Out.
You may always consult our support service about any question either contact your personal manager.
Please study terms of the promotion.

Wish you Happy coming New year and successful trading!

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Weekly sketches for 3 pairs
EUR/USD


Monthly chart: ADX is close to the point "30", wherein a main trend potential of price movement starts to be manifested. Thus, taking into account a new high reached by bulls, we assume that on completion of a descending swing, Euro uptrend will go on with the same target as earlier at 1.4260.
Weekly chart: closeness of two supportive points 1.3508 and 1.3298. One of them is supposed to provide a strong demand in European currency. Any break of uptrend can only be considered below 1.3107.
Daily chart: here we see a well-formed Over&Under, thus, a main plan would be a deep rollback to 1.3298. Entrance area into sales on this setup is 1.38.

Read more 

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How clients of “FreshForex” company traded in December?

Dear traders!

We suggest you to learn about basic figures of December trading in "FreshForex" .

Of course, the main event of December was the Federal Reserve's decision on start of tapering U.S. QUE3 program. The U.S. regulator said that the US economic indicators are optimistic and now it is the right time to start minimizing stimulativemeasures. This background allowed USD to regain some positions lost as compared to its European rival. But after Christmas all positions were lost - on the "thin market" bulls actively bought EUR/USD and reached a fresh year high.

British currency continued to bring surprises to investors in December. Positive labor market report showed reduction of the unemployment level to 7.4% and encouraged investors to open new long positions. The UK economy continues to a confident recover and we can expect that the UK will be the first developed economy in the world, which will decide to raise discount rate2008 after the financial crisis. Positive news background pushed GBP/USD up and the British pound is very close now to its maximum for the last 3 years. Do not fall behind their colleagues and USD JPY, which also install a fresh yearly high in December.
Japan released good reports on inflation and retail, but YEN consolidation has not followed it. Its growth is constrained by the incentive program of the BoJ.

Below we offer you to have a look at the results of “FreshForex” clients trading in December:

Relation between profitable and loss-making trades:
Percentage of profitable trades exceeded percentage of loss-making trades and amounted to 68%.

Highest income per month:
Amounted to 3455% of deposit.

The most active client, number of trades per month:
The most active client conducted 16822 trades.

We remind that you can find the most important figures regarding company's operation in “Facts and figures” section of our web-site.

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Swings of the Forex market are still in motion!
Review of the past week


The past week on the currency market was very eventful. According to its results, US dollar lost the part of its positions as compared to its main rivals. The last meeting of EuCB did not bring surprises. Monetary policy remained on the same level, regulator stated that it is still concerned with low inflation, but will not take any measures as of now.


On Friday the report on US labor market was released. Non-Farm payroll release is very controversial. Despite strong figures from ADP as well as the service index of employment from ISM, final Non-Farm was released on the point of 74 000 having demonstrated the least value for the last 2,5 years. Nevertheless, totalunemployment level is reduced by 0.3 down to the level of 6.7%. Trade week was finished by Usd/Eur by growth up to the point of 1.3668.


Great Britain reported negative macroeconomic stats. Service PMI frustrated investors having shows the least values for the last 6 years. Also, trade balance and manufacture data was negative. Further to releases, GBP/USD quotations went down, but investors promptly re-bought this decline which says about strength of ascending trend. In general, a steady growth of GBP/USD pair had been witnessed over the week.


Full attention of investors was focused on the US data. Recordings of the last FRS meeting did not bring serious changes in “bulls” and “bears” alignment. American regulator stated that it expects a gradual tapering of stimulative measures and decisions will be made based in the view of situation with the labor market and inflation. On the last trading day labor market release was published n the USA. Unemployment level got down, but Non-Farm Payrolls data poured oil into the fire. Quotations managed to grow up to the point of 105.32 and fell by 150 points then. So, trading week was closed by USD/JPY just above 104.


Forecast for the week January 13 – 17 

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Launch of on-line chat on the English web-site

Dear traders!

Increased attention and special care of each our client has always been a main advantage of “FreshForex” support service.

We value the time of our clients and have launched on-line chat of client support service for a prompt settlement of clients' issues. Now it is even easier to contact our support service!

During working time of the company you can in a matter of minutes solve current issues, get advice on deposit and withdrawal matters as well as to get essential information on trading terms of the company and its promotions.*
To proceed with on-line chat, click the button in the upper right corner of the web-site.

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USD/JPY: meeting of Bank of Japan is in the focus
Review of the past week

The last week on the currency market showed consolidation of the US currency against its major competitors. As German GDP data for 2013 was weak and the US inflation report was moderately positive, united European currency got under pressure. Economic growth in one of the leading European economy – Germany – demonstrates decline 3 years in succession, which one more time confirms accuracy of Mario Drahgi's expectations about a weak growth of European economy within nearest few years. A moderate growth of the US CPI and PPI increased the number of supporters of tapering of stimulative measures which will be demonstrated at the FOMC meeting on January 29. All these facts worked in favor of bears and having lost 139 points for the week Eur/Usd pair finished week's trades at the point of 1.3539.

GBP/USD quotations had been declining from Monday to Thursday on the background of week inflation data in Great Britain. But strong Friday's report on retails allowed “cable” to cut the distance between this currency and USD. Growth of retails in 2013 was the most significant over the last 9 years. Positive news background on the last trading day allowed British currency to close the week with minor damages on the level of 1.6423.

For the last week, USD/JPY currency pair added 0.3%. Japan did not publish any important macroeconomic stats. Negative background for the Japanese currency is formed by investors' s expectations regarding further tapering of stimulative measures in the USA and enhancement of quantitative softening in Japan. Any strong correction of USD/JPY pair is followed by growth of quotations which speaks for a strength of ascending trend.

Forecast for the week January 20 – 24 

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Winners of the "New Year Money Bag" drawing shared the secret of success!

Dear traders!

At New Year's eve, "FreshForex" company held a great holiday drawing of money prizes - "New Year Money Bag ". We remind that winners were chosen among all «FreshForex» clients online on the company’s website. By the results of drawing, 31 lucky traders were awarded with prizes in the range of 300 - 30 000$.
Winners kindly agreed to answer a few questions of us, and now we have a unique opportunity to read the most interesting moments of the interview, learn their experience, and, perhaps, even the secret of victory on the Forex!

Alex, winner of 30 000$:
"I did not believe that my account will win, though I hoped. To tell the truth, I am not very lucky in my life. I've been working not for long on the forex market, but have still been in plus. And the biggest success is my prize. I wish everybody to try and not be afraid to take risk. "

Alexey, winner of 1500$:
"Thank you for the promotion! I learned from "Vkontakte" social network about my victory, as I had been always monitoring it, but not often commenting on it. I recommend to participate in promotions to everyone working on the Forex market. It is a great chance to begin trading, almost without having to invest . I’m interested in new promo with Kaspersky too - my antivirus just got expired, so I plan to join it. "

Azat, winner of 300$:
"I want to share the joy of my winning in the "New Year Money Bag " drawing! I have been trading in the Forex not for the first year and set to trade with your company from June 2013. I would like to note about friendliness and professionalism of Customer support service. I like promotions held by the company as well as response speed of orders and quickness of withdrawal."

Juris, winner of 300$:
"I have very positive feelings of participation in this promotion! It is very nice to work with the company that cares about its clients. I began to trade a few years ago, but I have been cooperating with "FreshForex" recently for just over a month. I can give a good recommendation to beginners: never risk more than with 3% of capital per day. "

Nadezhda, winner of 300$:
"To tell the truth, I did not believe I could win a prize! I had learned good news even before announcement of results, when I saw the winning amount in the "credit" column of the account. I became a trader 1,5 years ago, and I've been with your company since November of last year. I like your promotions very much, especially “33x3” and “Spreads in half””

Michail, winner of 300$:
"I want to thank you for the opportunity to work in the Forex market. Of course, I have joyful and pleasant feelings, and not only because of the victory, but because company's work with clients is impeccable. I consider that «FreshForex» created all conditions for effective work. "

Virgilijus, winner of 300$:
"Honestly, I did not even know that I participated in this promotion, so the prize was unexpected. It was a real Christmas gift, and "FreshForex" played a Santa Claus role. I began working with Freshforex about 6 months ago. I like rapid withdrawal as well as "Spreads in half" promo. Since I'm a beginner, I can say only one thing to other beginners - to succeed, you need to trade and gain experience."

We thank all who took part in the drawing or who was just an observer. We wish you a good luck. Believe in yourself and don't forget to participate in our promotions. Maybe next time will be lucky for you!

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Weekly review of three pairs
EUR/USD

Monthly chart: the pair had pushed off upper Bollinger band (1.3914) and is apparently moving in the area of medium (1.3105). Nevertheless, we will make a note of an ascending configuration of an upper band, therefore, there is a probability of buyers' attack by breaking of resistance 1.3914 and of a further growth above 41.

Weekly chart: growth had slowed down within the the frames of upper envelope, ADX had turned, so, possible reconfiguration within the range 1.3576-1.3907 is possible.

Day chart: horizontal corridor described by Bollinger bands as ADX is inactive is also an argument for a flat game inside envelopes (blue arrow is the support 1.35, 1.3824 is the resistance).

Conclusion: main scenario is a flat movement 1.35-1.3824. Alternatively, there can be a well-formed bullish flat corridor with support at 1.3576 and resistance at 1.3907.

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A new payment method - Skrill – is now available!

Dear traders!

We are glad to inform you that deposit and withdrawal through “Skrill” payment system is now available to all “FreshForex” traders.

“Skrill” allows to conduct finance operations via the web without revealing card and bank details. That is precisely why using “Skrill” is not only comfortable, but is also safe. The account in “Skrill” can be easily replenished with bank card.
To be able to add and withdraw your funds with the help of “Skrill” system in “FreshForex” company, it is enough to verify your personal data in the Personal area.

Replenishment through “Skrill” system is free of charge. When you withdraw funds from your trading account, "Skrill" commission is charged in the rate of 1% from withdrawal amount but not more than 10 EUR. The system works in US dollars. Conversion into currency of deposit is made under the company's internal rate by the moment of transfer. If your Skrill account is opened in the currency different from USD, conversion of Skrill account currency into USD is conducted under the rate of Skrill system.

Check company's web-site to find details about other methods of deposit and withdrawal.

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Weekly review of three pairs
EUR/USD


Monthly chart: here is an active rolldown while ADX is calm. It increases strength of a possible support for 1.3106 (Bollinger's medium band) and the probability of bullish scenario.
Weekly chart: test level is 1.3267 (bottom band). If buyers do not take active steps from there (and will get the price below specified price), their mid-range strategies will lose.
Day chart: bearish wave is developing here. Bounce from 1.3267 is a more important task for bulls than enhancement of descending front down to 1.3105.
Conclusion: main plan is to touch 1.3267 and start of euro growth in the direction of 1.3850.

Another option is to break support 1.3267 and even a deeper descend to 1.3105.

Learn more at freshforex.com

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How exactly is ECB going to tackle inflation?
Review of the past week


The last trading week of January was marked by consolidation of US dollar against the most part of its competitors. Core event of the week was Fed's meeting where FOMC members unanimously voted for continuation of QE-3 tapering. Besides, Ben Bernanke for whom it was the last chaired meeting stated that the economy will moderately grow and the recovery of labor market is expected to continue as well. Tapering of stimulative measures is negative for all risk assets.


On Friday 31, European preliminary inflation data was released. CPI was below expectations and is based on the level of 0.7% signifying that threat of deflation for the European economy is still vital. EUR/USD has been under pressure over the entire week and closed trades at the point of 1.3486.


Great Britain published GDP for the 4rd quarter of the previous year. The index is 0.7% and such value met expectations of market players. While speaking on Jan 29, BoE governor Mark Carney confirmed the regulator's unwillingness to raise interest rate within the nearest time, even if unemployment reaches target level. FOMC's decision to cut stimulative measures for 10 bln USD from Feb 1 was negative for British currency. Following to Fed's meeting, pressure on GBP/USD grew and trading week was closed on the level of 1.6438.


According to the last week's results, Japanese yen showed a symbolic growth in 0.2%. Positive stats on retails and inflation in Japan supported yen's quotations. Decline of Nikkei 225 stock index futures also played in bulls' hand. Nevertheless, we did not witness a significant consolidation of Japanese currency. A long-term ascending trend for USD/JPY is still in effect and one can see investors opening long positions after each strong decline. Trading week finished just above 102, on the point of102.02.


Forecast for the week February 3 – 7 

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How clients of “FreshForex” company traded in January

Dear traders!

The first month of 2014 year had come to the end, so it's time to summarize trading results and underline the most important events of January.
The U.S. Fed continued to taper stimulatibg program QE-3 and this fact had a negative influence on EUR/USD pair. CPI report for Europe published at the end of the month showed a decrease down to 0.7%, this way indicating the threat of deflation. Because of these negative factors, EUR/USD pair remained under pressure and finished the month at the point of 1.3486.

Over January British currency moderately had been decreasing against its US rival. The unemployment rate declined down to 7.1%, which encouarged "bulls" to open long positions. The situation changed after the announcement of the British regulator that there is no need to raise interest rates since unemployment rate had reached target level of 7%. Investors took this information negatively, and during remaining time of the month price had been going down. Having lost 0.85%, month's trading finished at the point of 1.6438.

In the first month of the year it was a decrease in quotations of USD/JPY. There was a meeting of the Bank of Japan on January 22. No change in monetary policy was declared and it disappointed "bulls" trading with this pair. Investors' leave from risky assets led to a decline on leading global stock exchanges, which was also a negative factor for growth of the pair USD/JPY. At the end of a month Japanese yen added 3.2% and finished trading at 102.02.

Below we offer you to have a look at the results of “FreshForex” clients trading in January:
• 596% of the deposit for the month. That's how much was earned by one of our clients using aggressive trading methods, accompanied by an enormous risk;
• 25,034 trades per month. More than 1000 trades per day was made by a trader with the help of high frequency EA.
• 63% of traders ended January with profit. This is the share of customers with deposits of $ 10,000 and above. The large deposit allows you to have a good "safety bag" and reduce your risks;
• $122,260 is the best result of January and a record amount for the company. In January especially during the Christmas holidays most traders trade reluctantly, as there is a lack of liquidity on market and the time when Central Banks only approve plans for the year. But there are those who can avail from market's uncertainty and demonstrate such results.

We remind that you can find the most important figures regarding company's operation in “Facts and figures” section of our web-site.

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Time is ripe to sell EUR/USD
Review of the past week


Since the last week was the first week of the month, it was traditionally eventful. According to its results, EUR/USD pair consolidated for 1.1% as ECB governor was positive in his comments and labor market report in the USA was weak. Mario Drahgi continues to surprise market with his optimism. On Thursday 6, while speaking in the ECB meeting, he stated that deflation does not threat Europe now and there is no sense to apply measures to cope with it now. Investors were encouraged by this statement and EUR/USD went above 36.


On the last trading day of the week, release on the US labor market was published. January growth of Non-Farm payrolls was 113 000, which is rather below the figure of consensus-forecast. For the second month in a row, US employers are at an easy pace when it comes to hiring. This is an alarm bell for the US economy and served a background for growth of the European currency. Week's trades were closed at the point of 1.3634. In the fight of bulls and bears on GBP/USD pair there is no winner. Over the past week, Markit Economics research center had been releasing PMI for manufacture and construction as well as for the service sector. Amongst all, only construction report was a good surprise for investors wherease two other were below expectations. This negative background encouraged bears who forced quotations down to 1.6251.


Bulls also paid back in their own coin and got out the most of the weak US Non-Farm payrolls report by raising quotations above 64. Nevertheless, in the end of the week GBP/USD lost its symbolical 0.1% and finished at 1.6407.


Japanese Yen followed its upsurge in January and early February by retreat. Only the first trading day of the week was marked by its consolidation against its US rival as sales on leading global stock exchanges was going on. On Wednesday 5, the report on change in salary for December was published. The figure was above consensus-forecast which supported demand in Japanese currency in the first half of a day. Salary growth will provoke increase of expenses in the future and thus enhancement of inflation. On this background, USD/JPY dropped down to 100.77, but bears were not strong enough to get more. Then bulls joined the game who were not discouraged by weak report on the US Non-Farm payrolls in January. Having added 0.3% for the weak, trades were closed at the point of 102.35.


Forecast for the week February 10 – 14 

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FreshForex will support you in any situation!

Dear traders!

Technical issues must not be a hindrance for your profitable trading on the Forex market.
We remind you that you can address any question and problem to "FreshForex" support service.
Our specialists work within 24 hours except for a few holidays. Contact your personal manager to solve current issues promptly and efficiently as well as to consult regarding financial operations and trading terms of the company.

How to contact our support service?
• 24/5 client support – On-line chat ;
• Skype: freshforex;
• E-mail: info@freshforex.com;
• Ticket in the Personal area.

Rely on us – we will solve any issue!

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Weekly review of three major pairs
EUR/USD


Monthly chart: the pair is on the way to Bollinger's upper band (1.3931) and bulls do not have any potential for a further break, because ADX did not exceed "30".

Thus, a main strategic scenario is a bounce down from 1.3931 and movement to the area of Bollinger's medium band (1.3139).
Weekly chart: a long consolidation inside of the ascending triangle is coming to an end. In all likelihood, this accumulation will be continued this week as well, because ADX did not turn its full potential on. Support is on the middle (1.3605), resistance is on the upper band (1.38).
Conclusion: a main scenario is the flat within 1.36-1.38. Another option is the break above 1.38, movement to 1.3931 and a bounce down in the direction of 1.36.

Learn more 

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Upgrade of MetaTrader 4 Client Terminal

Dear traders!

Today we held a scheduled upgrade of the real trading server. The goal of innovations is to extend functionality, enhance sustainability and operation speed of the MetaTrader 4 platform.
The most part of changes touched MQL4 programming language. It allowed to increase execution speed and enhance safety of programs by several times. Upon that, you can still use old EX4 files: they continue to work correctly, so you may not be concerned about performance of EA created earlier. Software designers can evaluate plenty of additions to MetaEditor and recompile source codes with new opportunities for the new trading terminal.

One more innovation is the Market for MetaTrader 4 trading platform applications which was earlier available only with MetaTrader 5.

Please pay attention that storage structure of the data was changed. EA, libraries, logs and other useful data is now stored in a special catalog. You can find it in the “File” - “Open Data Folder” menu.
You can read about this and other innovations on the official forum of MQL4.
Learn more 

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FreshForex is the media partner of ShowFxWorld conference
[img]http://freshforex.ru/netcat_files/612/608/h_36a0659e03d20e0c0ccbf0c78b938663[/img]
Dear traders!

“FreshForex” company became the media partner of one of the brightest events on the Forex market - “ShowFxWorld” conference.
“ShowFxWorld” is a notable event dedicated to the most vital issues of financial markets.
This time, the conference is being held in Riga – the city which has been taking an active part in global financial relationship for long years. Thanks to its modern infrastructure, the capital of Riga is an ideal place for the events of the highest level.

Events under the auspices of “ShowFxWorld” brand has always fascinating and interesting to any trader. Participants of the conference include representatives of all spheres related to financial markets including leading brokers and dealing centers.
The conference will take place on February, 22, at 10.00 am of local time.

Learn more 

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ECB states "There are no deflation signs in Eurozone"

Euro

We should not expect a strong drop in prices now - the world's leading stock markets have shown a strong growth the other day, that indicates a renewed demand for risky assets and will provide some support for the single European currency. In general, during the day we can expect the development of a side trend.
The support level is 1.3698.
Trading recommendations
The situation remains the same: while the euro is traded above 1.3719-1.3685, the chances of testing the 38th figures remain. Fall below 1.3685 opens the way to 1.3618-1.3600. Rising dynamics of the pair do not inspire us with a confidence.
Learn more 

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Stay in trend - read "ForEXpress"!

Dear traders!
Do you want to stay tuned about news of the Forex market? Subscribe to “ForEXpress” - a weekly electronic digest of “FreshForex”!
Fresh “ForEXpress” release reaches e-mail box of our traders every Monday. Weekly digest consists of 4 sections, each devoted to a specific topic.

Market
Forecasts of price movements, opinion of “FreshForex” analysts on market and digest of the most important events of the last week which impacted on the market.

To trader
Previews of upcoming webinars and interesting articles of the Forex Encyclopedia “CleverFX”. Discover new trading systems, alternative methods of analysis and the most successful methods of earning.

About the company
Contests and promotions held by “FreshForex”, special offers for our subscribers. Be the first to learn about the opportunity to get bonuses and gifts!

Social networks
Fresh news of social networks, communication, humor - anything that will help you to escape from everyday routine. Just open real or demo account with “FreshForex” and get the latest news releases automatically.
Read “ForEXpress” - stay tuned!

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"FreshForex" participates in IAFT Awards 2013!

Dear traders!
We are pleased to inform you that "FreshForex" company takes part in IAFT Awards 2013. Voting will begin on March 1, 2014 and will last for 2 months. Cast your vote for "FreshForex" - it only takes one minute, but thanks to your help we can win!
Our company will fight for the leadership in the following categories:

• Best Broker of the year;
• Best broker of Asia;
• Best broker for trading with advisors;
• Opening of the Year;
• Dynamic development;
• Innovative broker;
• Best IAFT Partner

Last year "FreshForex" became a winner in the "Opening of the Year” category. We are very grateful to all the traders who will support our company this time as well. Help us to become a leader and prove our advantage! IAFT Awards is a unique prize organized by the International Association of Forex Traders. IAFT traders and website visitors annually choose the best broker in each category.
Read more 

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The dollar falls in the light of rising oil prices
The weather can distract players from Ukraine and China. The weather peak is expected on Tuesday, when the first of the four central banks is planning to organize the meeting - the Reserve Bank of Australia will announce changes in its monetary policy. The Bank of Canada will hold a meeting on Wednesday, the Bank of England and the European Central Bank will meet on Thursday. Carl Weinberg, the chief international economist of High Frequency Economics in New York, suspects that all four central banks are "largely paralyzed and will not change its monetary policy."


The ECB as the Central Bank " may surprise us as the ECB is in uncharted waters now. While "no one can predict how ECB will react ", HFE expects that the bank's policy is likely to remain unchanged.


We expect a number of important news from the USA this week. The market's attention will be riveted on Monday to ISM manufacturing index for February release, the ISM index for the services sector and the February employment report publication on Friday.


The euro closed Friday at the 1.3807 that is at the upper range of the last week from the 1.3643 (Thursday) to the 1.3824 (Friday). The pair shot upwards after Friday’s preliminary data on inflation in the euro-zone, which raised questions about the prospect of the ECB monetary policy easing this week.

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How clients of “FreshForex” company traded in February

Dear traders!

We suggest you to check results of trading of the past month as well as to refresh the most interesting economic events of February.
U.S. dollar finished February with losses against its major competitors. EUR/USD added 2.3% for the month and closed trading slightly above the 38th figure. Before the ECB meeting on February 6, many investors had been expecting from it the release of quantitative easing that would be introduced to cope threat of deflation. But while speaking at the press conference, Mario Draghi said that in the Euro area there was no danger of deflation and now there was no sense to apply this tool to address this issue. Against this background, there was a sharp rise of the quotations of the common European currency. Weak macroeconomic statistics from the United States also played into the hands of "bulls" as applied to the euro. Bad weather of the first winter months affected economic growth that had put a pressure on the U.S. currency.
In the second month of the year, GBP/USD gained 1.9% in its weight and closed trading at around 1.6744. British regulator increased its estimation of economic growth of the United Kingdom with 2.8% to 3.4% in 2014, which was welcomed by investors. In February, an event occurred which had been long awaited by market participants: BOE designated an approximate date of a possible rise of the interest rate - April 2015. This factor was the main driver of growth for the British pound in February.

No winner was revealed in the battle of "bulls" and "bears" as applied to USD/JPY. A long-term trend for this pair is ascending, but, to continue growth, we need serious drivers. While summarizing its meeting results, Central Bank of Japan announced extension of the credit program to banks provided at a discounted rate. This fact was perceived by investors as additional measures to stimulate the economy and on this positive background, quotations rose to the level of 102.73. As a result, USD/JPY completed trading month with a symbolic reduction at the rate of 0.1%, at around 101.79.

Below we offer you to have a look at the results of trading of “FreshForex” clients in February:
• 4541% of the deposit for the month - the most successful client earned it using multicurrency trading advisor working along the trend;
• 3972 - this is the number of trades made by the most active trader for the month. He received an increase in the rate of 35% without using advisors;
• 59% of traders ended February at a profit - is the proportion of customers with deposits of $ 10,000 and above.
• $250,365 - the best performing client obtained a profit thanks to the active movements of EUR/USD and GBP/USD.
We remind that you can find the most important figures regarding company's operation in "Facts and figures" section of our web-site.

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"FreshForex" took part in the conference dedicated to financial labor market

Dear clients!

On February 28, experts of "FreshForex" company took part in the 5th conference named "Labor market in financial sector", held at the Financial University under the Russian Federation Government.
One of the main topics was the issue of selection of professionals for financial institutions. Today, most universities train specialists of a general profile and organizations need to train new employees on their own.
During the discussion, the issue of high competition in financial labor market was raised several times. This problem is related to revocation of licenses from some banks. Now many former employees of banks are in search of job and they can successfully use experience and knowledge obtained in the field of investment and the forex market.
As it was noted by Yan Art, vice-president of the Association of Russia Regional Banks and chairman of the National Association of Credit brokers and financial advisers, "forex brokers has a certain demand in staff. These brokers are coming out of shadow now and have been evolving in their way to license for the second year in run."

"Specialists for forex companies are not prepated by any university. Dealing systems and brokerage are partially studued by students of economic specialties in courses of securities or risk management. In this regard, brokers prefer staff having experiencem whereas s specialist after college does not have a proper idea about the specifics of work and he has to be trained for a long time, "- says President of KROUFR Alexander Kuryashkin.
"FreshForex" company is always glad to see young and ambitious professionals looking for an interesting, promising work in its rows! A list of current vacancies can be found in the special section of our site.
Photos are provided by the Bankir.ru news agency

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Weekly review of Majors

Dear traders!

EUR/USD
Monthly chart: As you can see, the bulls are gaining speed and ADX on their side. The last frontier before jerk to 1.50 is the upper Bollinger band (1.4034).
Weekly chart: Buyers have a strong advantage. 1.3871 resistance level will be broken and the road is open to 1.4034. In theory, there is one more rollback to the average (1.3713), where purchases are very attractive.
Day chart: We can see, that the rollback is really possible. Catch signals to shopping in the 1.3713 area.


Conclusion: main plan is a rollback to 1.3713 and a sharp rise to 1.40, with medium-term prospects of going to 1.50.

Read more 

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Euro reached 2 year maximum
Euro

Leading economies of the currency have already submitted reports on industrial production, only France has published a negative report. The industrial sector growth in January investors may take as the Mario Draghi’s right course, who said that there was no need for additional quantitative easing at the last meeting. In the light of this we can expect a moderate demand for the pair.
Strong demand will hinder geopolitical tensions, which again returns. If the Crimea becomes independent that may push two countries to a new conflict.
The support level: 1.3810-1.3772 and the resistance level: 1.3892-1.3914.
MACD is going down, indicating the current correction movement.

Trading Recommendations
The technical picture remains unchanged. The pair keeps growing. The pair broke 1.3910 up and is heading towards 1.3980. A consolidation above 1.3900 will open the way to 1.4050.
Read more 

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«I'm Siberian» project received recognition of experts!

Dear traders!

We are pleased to inform you that the project «I'm Siberian», the general partner of which is the «FreshForex» company, entered a shortlist of "Silver Archer" prize in the field of public! The jury appreciated the originality with which the creators of the movement came to the idea of uniting all the Siberians.

«FreshForex» company actively supports the «I'm Siberian» movement. One of the most high-profile joint projects was the great expedition to Elbrus, in which the team of the Siberian climbers made traverse climbing to the highest point of Europe. At the top has been set the flag, composed of many of the expedition participants’ photos, including «FreshForex» customers. The photo-report of the expedition results can be found on our website.

We wish the creators of the «I'm Siberian» project continued success and development!

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The market holds its positions
Euro



The Eurozone will publish the final consumer price index data for February. There are no prerequisites for the revision indicator upward, therefore, the release of data on the level of consensus- forecast is expected. Everyone expects full-scale geopolitical crisis between Russia and Ukraine which can put pressure on a risky assets.
The support levels: 1.3910-1.3860, and the resistance levels: 1.3914-1.3980.
MACD is turned up, indicating on the current uptrend, if the indicator is developed downward, it can start a downward movement turn.

Trading Recommendations
Generally, the situation remains positive. Nevertheless, fundamentally, it is difficult to find a good reason for buying the single currency. That’s why it’s not the fact that the pair will move above 1.3937-1.3966.
The loss of the support in the 1.3845-1.3833 will lead to a fall down to 1.3740.

Read more 

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Catch a 33% bonus to your trading account!

Dear traders!

We remind you that the popular promotion «33x3» from «FreshForex» ends on March 31! Hurry up to take part and get a unique bonus to your account!
«33 x 3» bonus will give you the opportunity to trade without restrictions and stops! Just refill your account for the amount over 200 USD / 6000 RUB / EUR 150 and get a 33% of restocking fee!

Bonus «33 x 3» will allow you to:

• Increase the volume of deals
• Protect your account at drawdown
• Withdraw bonus money

Hurry up, there are only 6 days before the end of the promotion! Please, read the detailed terms and conditions before participating.

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"FreshForex" took part in the "Financial Brokerage" conference

Dear traders!
We are glad to inform you that experts of "FreshForex" took part in the 4th "Financial Brokerage" conference, which was held on 12-13th of March at the Financial University under the Government of the Russian Federation. An important theme of the conference was the financial brokerage problem on the Russian market, in particular, the issue of legal regulation in this area. As it was noted by speakers, there is a need for a special legislation that will regulate work of forex brokers. However, regulations should encourage companies to develop, rather than reducing market opportunities. Now the State Duma is actively developing such legislation.
Among the speakers there were representatives of organizations that act as regulators of the Forex market. Deputy Chairman of the self-regulatory organization "CRFIN" noted the importance of developing professional standards for financial brokers. He stressed that "CRFIN" has already adopted the standards and rules that are required to be complied by each SRO-member company.
"FreshForex" company is ready to work in the legal field and supports the initiative of the Forex market regulation by the government. As a member of ‘KROUFR" and self-regulatory organization "CRFIN", we stand for a full transparency of work of financial brokers and control of their activities.
Photos are provided by the Bankir.ru news agency.

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"33 x 3" bonus plan has been prolonged for 3 months!

Dear traders!

We are glad to inform you that the popular "33 x 3" promotion has been prolonged till June 30! Activate the promotion on your account and get the unique bonus!
"Bonus 33 x 3" is the trading on the most favorable terms without any restrictions! Just refill your account with the amount over 200 USD/150 EUR and get 33% of deposited amount!

What does "33 x 3" bonus give?
• Increase the volume of trades
• Protection of your account against drawdown
• The possibility to withdraw bonus money

Get 33% bonus and trade to the maximum!
Please read detailed terms and conditions before participating.

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"FreshForex" improves the terms of partnership program

Dear traders and partners!

We are glad to inform you that from April 1 of 2014 "FreshForex" company improves the terms of partnership program. New terms will allow you to get maximum income while applying less efforts.
From now on, to earn up to 50% of spread (10$ per lot), you only need to engage 2 clients per month!
To earn up to 75% of spread (15$ per lot), you only need to engage 3 clients per month!
And finally, to earn up to 100% of spread (20$ per lot) it is only enough for you to engage 7 clients each month!

We invite you to have a look at new improved rebate system on the page “Conditions of partnership program” and amended version of partnership agreement.
Get even higher profit with new partnership program of "FreshForex" company!

Let us remind you that partnership program of "FreshForex" company was recognized the best on the Forex market according to the results of the affiliate marketing exhibition "Russian Affiliate Congress and Expo". It was not a surprise, we offer the most profitable terms, transparent scheme of work and guaranteed rebate to our each partner.

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"Flagman Invest " — a right direction of your investments!
[img]http://freshforex.com/netcat_files/2236/3069/h_c3ff6c9d9611d3d1663753e9b14c51aa[/img]
Dear forum members!
From today on, a long-awaited investment project “Flagman Invest” has been launched! “Flagman Invest” is the new-generation investment technologies providing traders with unlimited opportunities for obtaining extra profit on the Forex.

Learn more 

The platform successfully combines major advantages of PAMM accounts and the services of copying trades making Forex earnings more affordable.

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