Company News – FreshForex Forecast: Nonfarm Payrolls Release

Dear traders,April US Nonfarm Payrolls release is scheduled on May 5th at 12.30 noon GMT.Leading FreshForex analyst Catherine Main has commented on this issue as follows:“Totals may turn out worse than expected. Weak ADP Employment Report and ISM Non-Manufacturing Index release are a clear indication of this fact. The Employment Index in the Non-Manufacturing sector decreased in April to its 8-month low. Increase in EUR/USD, GBP/USD quotes and decrease in USD/JPY, USD/CAD quotes may be expected.” Check out Forex Heatmap of the most volatile instruments and earn money right away!If you have any questions, don't hesitate to contact us:via Online support chat; via ticket system in your Personal Area; by email info@freshforex.com; by filling out special form on the website; or by phone +442070992124. Good luck in trading!
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Russia has made no decision on extending the OPEC output deal

Coming straight from the Kremlin via Reuters There's been mixed messages from Russia on an extension.  while another minute One minute the gov said they will wait until the next OPEC meeting and further data, Hopefully soon, the left hand will know what the right hand is doing ;-)

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Elliott waves for Forex correlation analysis – Expect a possible bearish momentum towards 1.27819.

GBPUSD - Flat Wave Analysis: Instead of going long as previously forecasted, the cable plunged lower and even broke below the short term support level 1.28826. Earlier today, this pair retraced back to the just broken line and is currently showing signs of possible bearish momentum. As long as the price remains below 1.28826, we expect the impulsive wave (3) to extend lower but should not go beyond 1.27819 from where we'll be looking for possible correction. A clear break below 1.27732 will push the price further to the lower side but should not go beyond 1.25. Expect a similar wave count in GBPAUD, GBPCAD, EURUSD and GBPHKD. These pairs will have a similar wave count during this intraday. Trade Recommendations: Expect a possible bearish momentum towards 1.27819.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
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Uae Central Bank: Quarterly Credit Sentiment Survey Shows Modest Growth in Overall Credit Appetite

UAE CENTRAL BANK: QUARTERLY CREDIT SENTIMENT SURVEY SHOWS MODEST GROWTH IN OVERALL CREDIT APPETITE
The material has been provided by InstaForex Company – www.instaforex.com

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Turkish Finance Minister says sees Public Offerings As Important Alternative in Privatisations, Will Use This Option

TURKISH FINANCE MINISTER SAYS SEES PUBLIC OFFERINGS AS IMPORTANT ALTERNATIVE IN PRIVATISATIONS, WILL USE THIS OPTION
The material has been provided by InstaForex Company – www.instaforex.com

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Swedish C. Bank’s Jansson says very Important That Crown Doesn’t Strengthen too Fast

SWEDISH C. BANK’S JANSSON SAYS VERY IMPORTANT THAT CROWN DOESN’T STRENGTHEN TOO FAST
The material has been provided by InstaForex Company – www.instaforex.com

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