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Launch of on-line chat on the English web-site
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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.
 
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
 
Winners of the "New Year Money Bag" drawing shared the secret of success!
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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!
 
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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Launch of on-line chat on the English web-site
obnovlenie(2).png

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.

This is very useful for all freshforex international customer. They can directly chat with english language.
 
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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weekly analysis of freshforex is nice. We can make a good judgment when will trading.
 
Promotions and bonuses

Join our best promotions and get the most out of your Forex trading. Only here you will be able to take part in the most lucrative loyalty programs in exciting Forex contests on our web-site and in our communities of traders. Follow our updates!

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Link:
http://freshforex.com/traders/promotion/
 
A new payment method - Skrill – is now available!
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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.
 
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.
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Learn more at freshforex.com
 
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Live Forex Chart

Currency
Rates
EUR / USD
1.13810
USD / JPY
158.494
GBP / USD
1.32374
USD / CHF
0.82792
USD / CAD
1.41060
EUR / JPY
180.381
AUD / USD
0.70303
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