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Tesla CFDs Review & Forecast
Most traders prefer to trade with currencies and don't pay attention to the possibility to earn on the shares of leading companies. If you trade with currencies, you need to analyse many factors, which often contradict each other. All this requires much of your attention, knowledge and skills as a trader. Even if you are a trader with years of experience, the risk of losses is high. In contrast, trading with contracts of difference (CFDs) is much simpler.

We offer you to start trading with CFDs now in order not to lose an opportunity to get profit. We would like to direct your attention to the shares of TESLA. This young company is growing rapidly and has enormous potential. Now everything becomes predictable as never. Volatility becomes high and it is possible to make good money. The company is rapidly increasing its production of electric cars, becoming more and more profitable. In its 14 years of operations, TESLA is near in value to the cost of Ford Motor, which is more than 110 years old.

We can confidently expect that in the future this company will become the world leader of the automotive industry amid the comprehensive transition to electric cars and the desire to save the environment. Nowadays, even countries like China are beginning to use electric cars. All car manufacturers are increasing the volumes of electric cars production; the demand for electric cars is rapidly growing. Everybody understands that electric cars are the future of the automotive industry. This will certainly increase the value of TESLA's shares - in fact, it is increasing rapidly right now.


On the chart of the #TSLA, you can see an incredibly rapid upward trend. Nowadays you won't see anything like that. We can say for sure that this trend will continue in the future. We are waiting for further rapid growth, giant hikes and price corrections, which you can use to earn a profit with any trading strategy, both long- and short-term.

Thousands of traders have already noticed the potential of TESLA and trade on it actively. Now you can join them and trade profitably with #TSLA today.

We wish you luck in your trades!

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Partners Education

Not sure how to approach your partnership with Superforex? We have prepared several invaluable resources that hold the answers to building a successful business out of your partnership with us.
The Partner’s Starter Kit holds all the answers you need. The following booklet has been carefully designed by the SuperForex Partner Relations department in order to help you on your way as partner. In the pages that follow you can learn about the essence of our Partnership Program - its structure, goals, and benefits.
Learn more at https://superforex.com/ms/partners-starter-kit

USD/SEK – review and short term forecast.

The rates of the USD/SEK is in the frames of upward trend. Dollar continues also to strengthen against the Krone, this week. It should be noted about unusually high volatility for this currency pair. Positively impacted the dollar a strong statistics from the USA this week. Employment in the agricultural sector increased to 263К against forecasted 187К. The number of applications for unemployment allowance dropped significantly to 234 thousand. It's been predicted reductions the number of applications from 258 to 250 thousands. In addition, received information about the reduction of the trade deficit: from - 44,8 - up-to -43,6. Also, it has been noticed the FED representatives, who said that current situation in the US economy is not only allows to increase the interest rate, but need it in the near future.
As for the Sweden, the market has not received new information that could affect the value of the Swedish Krona. At the moment there are only data for February. The most significant of them are increased volume of orders in industry by 12% and the growth of industrial production at 4.1% in February, year-on-year. Trade balance has been fixed at almost zero value, and in the period December 2016 - February 2017 amounted -0.6 billion SEK.
At this moment the most optimal can be the deals on the trend, which in the medium term can generate some profit. We can expect achieving the level 9.05. Oscillator MACD also show potential to growth. Though probability of a price correction remains high, but opening the short deals, seems less promising at the moment.

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The GBPCAD in Crossroads & H4 Chart

When you take a look at daily chart for the GBPCAD currency pair, you will see that we have the last 3 candles are bearish candles which led the pair to 1.6513 the lowest level in two weeks after it recorded the highest 1.6798 in this month and for minutes ago the CPI released from the UK and came as the previous one at 2.3% and better than the forecasting figure at 2.2%, after this news the GBPCAD rose more than 55 pips to trade now around 1.6560.



The pair is trading inside a wedge since last November and I think it's the time for the breaking, when we look at the pair on smaller time frame like H4 we see the pair touched the lowest level and we can't predict now it will break it or will back to rise again, the Stochastic indicator is in oversold levels it means we can buy the pair from here.

The Next Few Days

From this analysis on daily and h4 chart we have to wait for a bullish candle on H4 chart and buy the pair and place our take profit at 1.6650 at the resistance level and around the SMA and the next target at 1.6760, but if the pair didn’t form a bullish candle and broke the wedge down we can sell it and keep our target at 1.6300.
We have to be careful in the upcoming days regarding hot news like the overnight rate and monetary policy from Canada in addition to BOC press conference.

AUD/CAD: review and forecast

The upward trend of the AUDCAD chart, which steadily continued amid decreasing of oil prices and other factors, is in the risk to be completed. Rising of oil prices and strengthening the USD allowed the canadian currency to strengthened amid disappointing statistics on the economy of Australia. The support line has been broken and greatly displaced down. So, now we can see that the downtrend is formed, though it's early to talk that current upward trend is over. It can be restored next week. Australian currency may take again the initiative, considering that in the near future, the market is not expected any important data on the canadian economy.
At the same time, next week, we expect important information from China and New Zealand, which may impact the value of the Australian currency, as Australia is a leading trade partner of these two countries. Yesterday, the AUD has increased significantly during 1 day - with 0,997 - up to 1,008 CAD thanks to latest information about economy of China, where in March, exports grew 16.4% year-on-year, and imports by 20%. In particular, imports from Australia grew by 74.8%. Also, positively impacted the strengthening of the Australian dollar, strong statistics on a labour market - recent report of the Australian Bureau of statistics show "the employment change" indicator was 60.9 K, against predicted 3 times less 20.
Today, we can't expect some volatility on the market because of Easter's holiday in Australia and Canada. So the the rates of the AUD/CAD probably will come to consolidation phase, but in Monday trading will be more active and probability of a price correction will increase. Oscillators give mixed signals, but in the current situation, low volatility in the market, we can pay attention to the entry points 1,0072 and 1,0085. At the moment, upon medium-term trading, we'd recommend to open the deals to SELL, trusting the Stochastics oscillator.

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The EUR/JPY Review & Forecasting Uptrend


Since March 13 the EURJPY currency pair has changed the direction and became strongly down and it declined since this day till yesterday around 790 pips, so large number or big loss for the pair, but after yesterday close I think the pair finished the bleeding journey and will start rising now, so if you want to make money read all this report till the end.
Firstly, we have so strong support area and the prices gave us the buy signal let's take a look at the chart:

1. The rising wave after the Brexit on June 24 till the top on Dec 15, the pair has reached to 61.8%, and it's the golden correction percentage and expected the pair will rise from there.
the smaller rising wave from Feb 27 till March 13, the pair has reached to 161.8, the golden extension percentage.

2. The rising trend line from July 6 which the prices touched it 4 times before and rose, the prices have touched again this week and expected to rise again.

3. On the daily chart, yesterday candle is bullish engulfing candle which refers to the uptrend.

The Next Few Days

From this analysis on daily we can buy the pair now at 115.95 and keep our first target at 118.20 and the second one at 120.10 especially after we saw the RSI indicator give buy signal and rose to 37 level.
This week we don't have any hot news from the European Union or even from Japan but be careful from any unusual news can change the market direction.

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EUR/SGD: fundamental review and forecast


The rates of the EUR/SGD continue to be in the frames of the downward trend. It was expected that this week volatility on the market will decrease until announcement the results of the elections in France, but yesterday the UK's Prime Minister Teresa May announced about holding of early parliamentary elections. The market reacted positively and the Pound strengthened that had an impact on the value of the EUR. The decision about early elections is perceived positively because it can remove uncertainty on the question of the Brexit. Results of the UK's elections, will show surely if they move towards the exit from the EU or, in case of victory the opponents of Brexit, will finally leave this question. Thus, investors expect from new Parliament clear political and economic course. The Singapore dollar was under the significant pressure since yesterday. Stable macroeconomic statistics were unable to change anything amid significant political events, which directly affect the future of the EU.
At the moment the oscillators Stochastics and MACD unanimous in the decision to open a short deals. After a significant price hike amid the news, the rates may continue in the frames of the downtrend. Now the rates consolidated and can go down. So, upon short term trading, the deals to SELL is the best solution. Upon medium-term trading, it is better to wait few days before the election in France. Based on that results we can obtain absolutely new value of the Euro in case of victory of Marie Le Pen, otherwise it will be strengthened for some time.

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NZD/JPY: short market review and forecast

The NZD/JPY rates is in the frames of rapid downward trend. However, the new Zealand dollar had stopped falling and consolidated in the range 76,0 - 76,76 JPY. Yesterday it's been received important statistics related with 2 currencies. Economic statistics from New Zealand, positively impacted the NZD. The consumer price index grew in 2.2% year on year, exceeding forecasts. It is also the highest annual growth rate since 2011. For the 1st quarter of the year the index grew in 1%, slightly exceeding forecasted 0.8% level. At the moment, that was enough to stabilize the exchange rate of the NZD. In a week, the market expects new data about trade balance of New Zealand that may affect the value of the NZD.
On the other hand, the trade balance of Japan, already known, and taking into account seasonal fluctuations, amounted to only 0.17 T, although it was expected that this indicator will be 3 times more, and will be at 0.61. That's disappointed investors, although overall the economy of Japan is at good level. Volume of exports and imports grew, and exceeded predicted forecasted values. This also becomes the main growth factor of the Japanese economy in the future. Investors expect growth by 1% in 2017.
At this moment, the oscillators MACD, Stochastics, the RSI are neutral. It should be noted that since April 10, we can see formation of the flat trend, thought at the moment, it is early to say about ending of the downtrend. There're no enough preconditions for that. You should pay attention to the points of entry 76.75 and 76.2 JPY. At the moment, upon medium-term trading, it is recommended to open the short deals on the trend.

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NZD/USD: Short Review & Analysis
Today we would look at the development of the exchange rate between the New Zealand and the American dollars. Previously the pair moved within the 0.6860-6990 frame, but we saw the pair take a bullish turn as it broke above 0.7000 and it even reached the important level of 0.7100. The bullish influence continued in full heat and new heights were reached at the levels of 0.7250-0.7350, which serves as the pair’s sell zone.
The NZD/USD then finally returned to a bearish movement and dropped to 0.6960. This proved to be a weak support, as the pair tends to return to the border of the buy zone 0.6860, where we started. After touching this level the pair began climbing back up from 0.6960.
As the pair seems to be oscillating between these levels, we have opportunities to both buy and sell it at important intervals. Watch out for the pair dropping and also for it rising to 0.7100. This still provides a lot of resistance and the NZD/USD has struggled to overcome it. If it does success, it will likely go up to 0.7250.
At the moment of the publication of this article the pair has retreated to 0.6956 and most indicators agree that this is a strong sell.

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CAD/JPY: fundamental review and forecast

While the Euro has strengthened sharply against the Japanese yen, showing a giant price hike from 116.8 JPY up to 121 JPY based on results of the 1st round of elections in France, while the yen is losing positions against most currencies because it is under the pressure, mainly due to the tense situation on the Korean Peninsula, the canadian dollar failed to take the initiative and the rates CAD/JPY continues in the frames of downward trend. Though it's strengthened a bit yesterday.
At the moment, the Canadian dollar is under the pressure of many factors, firstly because of the falling in oil prices. The price for black gold fell again, and fell below the psychological point in $ 50. Forecasts here aren't good for the CAD because the United States continues to increase oil production, and President D. Trump supporting it and trying to make conditions for energy companies easier for developing oil extraction on the continental territory in the U.S. and on the shelf. Also, the canadian dollar decreasing in value because D. Trump continues to demand revision of trade relations with its neighbors and contradictions between Canada and the United States becomes more and more serious.
This week is full of important events, and the market will get a lot of macroeconomic statistics, which will affect the rates of CAD/JPY. Today, the market awaits important information about the volume of retail sales in Canada, conference of the President of the United States. Also, tomorrow we'll get the Report of the Bank of Japan about perspectives for Japanese economy, and on Friday we expect data about Canada's GDP, consumer price indices and volume of production in Japan. Therefore, this week, volatility may increase. Probably we can expect for further strengthening of JPY in the frames of current downtrend. The oscillators Stochastics and MACD unanimously indicate the good moment to open the deals to SELL, after the price correction, which occurred yesterday.

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