USDCHF Flash Crash Monday 11th Feb 2019

By | News | No Comments

200 pips crash USD/CHF Asian Session Begins

 

Monday trading was shocked by the flash crash which involve Swiss franc safe-haven currency.

Looking at the price movement on USD/CHF pair as soon the Asian session starts early in the morning, prices continue to surge around 100 pips almost reaching the 1.0100 price level before plummeting more than 100 pips further downgrade making more than 200 pips volatile price movements in just an hour. Volatile movement also occurs in all currencies matched with the CHF currency.

What has causes this situation to happen?

First of all, it should be noted that Asian session trading has very low liquidity at the very beginning of trading on Monday.

Last week, Chinese worldwide are celebrating the new year and market movement in China are moving slow because of the full week holiday. China economy is the world’s second largest after the US and had a huge impact on global financial markets.

The start of the new week, investor from China begins to be active in the market and this has impacted the liquidity of the market on Swiss market while they are still on holiday. This flash crash phenomenon will usually involve safe-haven trading and can be affected by the supply and demand activity in the market.

If you’re a “morning person” you might have gain this on USD/CHF trading position earlier in the morning!

XSOCIO Markets Holiday Hours

By | News | No Comments

In an effort to protect clients from adverse liquidity conditions during thin, holiday markets, and to provide consistency of executable pricing, XSOCIO Markets has decided to announced holiday trading hours to the following times: –

 

December 24th, 2018 (Christmas Eve) – Close at 3 pm Eastern Standard Time
December 25th, 2018 (Christmas Day) – Open at 9 pm Eastern Standard Time
December 31st, 2018 (New Year’s Eve) – Close at 3 pm Eastern Standard Time
January 1st, 2019 (New Year’s Day) – Open at 9 pm Eastern Standard Time

 

For more information, feel free to contact our Live Chat or email at support@xsocio.com

Kind Regards,

XSocio Markets Team

GBP Margin Requirement Changes

By | News | No Comments

In response to the significant increase in volatility surrounding the British Pound, as a result of the UK’s ongoing Brexit negotiations Parliament vote, XSocio Markets has decided to temporarily adjust the margin requirement for all GBP FX pairs. This change is being implemented after careful consideration and is designed to protect both the firm and its clients from adverse price action in thin.

The following changes will be implemented:-

Effective December 11th 2018 5:00 AM GMT+8, the margin requirement on all GBP FX pairs will be increase until further notice.

Account type Margin requirement
Pro, Classic and Xsocio-Micro Increased by 3 times, 1:100 (max)
Cent, ECN and Xsocio-Pro Increased by 2 times, 1:250 (max)

Please monitor margin on your deposit with XSocio Markets accordingly, and make any adjustments/changes deemed necessary.

50usd Bonus For 100usd Deposit – Limited Time Promotion

By | BONUS | No Comments

Now through on November, we’ll give you a PROMO BONUS for registration with us. Get an extra bonus towards joining us. Shared with your friend’s now’s.

We are glad to announce our clients about the newest promotion 50usd Bonus time limited offer, running between 16th Nov 2018 until 30th Nov 2018.

This offer is open to clients who open a live PRO Account with XSocio Market with a minimum deposit 100USD will receive a 50USD bonus.

We provide 50usd Bonus to newly register clients and opening a PRO Account, will receive initial benefit bonus from the advantages it offers. The clients will receive a bonus within 5 business days. These bonus will automatically be transferred to the PRO trading account.

* This Bonus is include with term and conditions.

In order to claim the 50usd Bonus, please visit our page here.

Xsocio Markets Technical Analysis 8th – 12th Oct 2018

By | Weekly Analysis | No Comments

Xsocio Markets Technical Analysis

Weekly Analysis 8th – 12th Oct 2018

 

DXY US INDEX Weekly Analysis 8th – 12th Oct 2018

Reversal upon upper line
Target moving towards median

 

CFD XAUUSD Weekly Analysis 8th – 12th Oct 2018

Opportunity to long on lower line

 

Forex EURUSD Weekly Analysis 8th – 12th Oct 2018

Reversal on lower line
Opportunity to go long 

 

Forex USDJPY Weekly Analysis 8th – 12th Oct 2018

Entry confirmation after price enter into channel
Target towards median