Forex and Cryptocurrencies Forecast for January 16 – 20, 2023 – Analytics & Forecasts – 14 January 2023
EUR/USD: Low Inflation Has Dropped the Dollar ● The main event of the past week, which dealt another blow to the dollar, was the publication on Thursday, January 12, of data on consumer inflation in the US. The actual figures were fully in line with market expectations. The consumer price index (CPI) in annual terms […]
GROWTH MODELS + MONTHLY SAVINGS – Analytics & Forecasts – 14 January 2023
Next, an investment model is proposed in which with an Initial Balance of €1000, and a small monthly contribution of €100, a great growth in the final balance can be achieved. With a compound interest of 3.5% and reinvesting what is earned month after month, in a period of 10 years a final balance of […]
EUR/USD: brief results and immediate prospects – Analytics & Forecasts – 13 January 2023
The dollar is totally weakening. The US inflation data published yesterday strengthened the opinion of market participants that the Fed will continue to reduce the pace of interest rate hikes, and at the meeting on January 31 – February 1, it will raise the rate by only 0.25% (after increasing by 0.50% in December and […]
ETHUSD and LTCUSD Technical Analysis – 12th JAN, 2023 – Analytics & Forecasts – 12 January 2023
ETHUSD: Bullish Harami Pattern Above $1237 Ethereum was unable to sustain its bearish momentum and after touching a low of 1237 on 06th Jan, the price started to correct upwards against the US dollar crossing the $1400 handle today in the European trading session. The prices are ranging near a new record high of 1 […]
EUR/JPY: demand for defensive assets is growing, while for the dollar is falling – Analytics & Forecasts – 12 January 2023
The focus of traders today is the publication at 13:30 (GMT) of fresh inflation data in the US. Economists expect the consumer price index to drop to 6.5% in December (from 7.1% in November) and core CPI to 5.7% (from 6.0% in November), which confirms market expectations for further lower inflation in the US. If […]
EUR/USD: upcoming events of the economic calendar and prospects – Analytics & Forecasts – 11 January 2023
Today’s economic calendar does not contain any significant publications, and, most likely, the same dynamics of the market and the dollar will continue in the American trading session. Tomorrow, volatility in the market, and especially in quotes of Asian and commodity currencies, will increase immediately at the beginning of the trading day, when important macro […]
EUR/USD and EUR/JPY Could Climb Further Higher – Analytics & Forecasts – 11 January 2023
EUR/USD is eyeing an upside break above the 1.0750 resistance zone. EUR/JPY is rising and might climb further higher above the 142.50 resistance. Important Takeaways for EUR/USD and EUR/JPY · The Euro started a fresh increase above the 1.0650 resistance zone. · There is a key contracting triangle forming with resistance near 1.0745 on the […]
Excellent signals from the indicator! – Analytics & Forecasts – 11 January 2023
Today I decided to trade on the signals of my old indicator. I started to trade on the GBPJPY currency pair, timeframe m5. The results are in the screenshot. Accurate signals. This is amazing. I managed to earn $ 43. Buy signal: up arrow. If there are open sell positions, they need to be closed. Sell signal: downward arrow. If […]
THE HANGING MAN STRATEGY. MY EXPERIENCE OF USING! – Analytics & Forecasts – 10 January 2023
Most traders will agree that there are few things more enjoyable than riding a steady up trend all the way to the top. Unfortunately, as the old adage goes, “all good things must come to an end”. This is particularly true in trading which is why it is essential to understand when a move to the downside […]
SIEA Performance Analysis – Analytics & Forecasts – 9 January 2023
No doubt, the SIEA performance was clearly below its expectations in 2022. Today we want to analyze the reasons which are relevant for future improvements of the algorithm itself, and it’s handling of such challenging situations. We focus our analysis on the US Dollar because it is the leading currency and always the main force […]