AUD/USD and NZD/USD At Risk of Additional Losses – Analytics & Forecasts – 20 January 2023
AUD/USD declined below the 0.7000 and 0.6950 support levels. NZD/USD also declined towards 0.6365 and is currently attempting a recovery wave. Important Takeaways for AUD/USD and NZD/USD · The Aussie Dollar started a fresh decline from well above the 0.7000 level against the US Dollar. · There was a break below a key bullish trend […]
Forex and Cryptocurrencies Forecast for January 23 – 27, 2023 – Analytics & Forecasts – 21 January 2023
EUR/USD: The Calm Before the Storm ● ● The DXY Dollar Index (the ratio of the USD to a basket of six other major foreign currencies) has been moving in a fairly narrow sideways channel since January 12. A small surge in volatility was caused by the publication of data on retail sales in the […]
Optimization Guru – Analytics & Forecasts – 21 January 2023
Greetings ! Recently, many users ask me about the difference between MT4 and MT5. The difference between MT4 and MT5 is huge, it’s just an abyss, especially if you are a software developer. Most of these users are still using MT4, just out of habit, or they have previously bought a lot of systems in […]
Trading system: trend is your friend! – Analytics & Forecasts – 20 January 2023
A popular trading expression is “the trend is your friend.” This expression has stood the test of time because trends are critically important to any trading plan. Forex trendlines can be seen in almost any charting analysis due to its usefulness and simplicity. This article provides traders with an in-depth guide on what trendlines are, how to draw […]
At Davos, Mood Is Somber as Many CEOs Question Economic Outlook
BusinessBusiness leaders at the World Economic Forum also see signs of hope: ‘There are all kinds of shoes that could have dropped’ Source link
Morgan Stanley cuts U.S. dollar forecasts lower
The U.S. dollar is going to drop further, Morgan Stanley strategists said over the weekend as they became more optimistic about the global economy. They now see the DXY dollar index DXY, +0.20% ending the year at 98, from a previous forecast of 104. They see the euro EURUSD, -0.19% climbing to $1.15, vs. a […]
SECRET MT4 FUNCTIONS – Analytics & Forecasts – 15 January 2023
Greetings, dear traders! Many Forex traders are not even aware of the hidden features of MT4. But knowing such simple tricks can make your efforts easier and help you work more efficiently with the trading terminal. Therefore, I bring to your attention the top 10 secret MT4 functions that can expand the range of trading […]
Advantages and Disadvantages of Simple Moving Average – Analytics & Forecasts – 14 January 2023
Most forex traders, irrespective of their trading skill levels, prefer using SMA because of its simplicity and ease of understanding. Using the indicator tool involves dividing the accumulated total of data points over a set period with the number of periods basing everything on the current currency prices. Furthermore, the indicator tool creates signals that […]
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 […]