Market Update – January 13 – CPI as advertised, USD sank!
The December CPI report came in as advertised, indeed even better than expected for the headline. Treasuries saw strong gains, while there were more moderate gains on Wall Street. Overall inflation continues to come down & Fed Harker & Bullard comments boosted expectations the FOMC will further downshift rate hikes […]
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 […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (12 January 2023)
2023-01-12 2023-01-12 Short-term analysis for oil, gold, and EURUSD for 12.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil price broke […]
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 […]
Daily Market Outlook, January 12, 2023
Daily Market Outlook, January 12, 2023China Inflation Surprises On The Downside, Will The US Follow Suit?Overnight inflation data from China printed in line with expectations at 1.8% year over year, however, there was a downside surprise with respect to producer price inflation, which declined to -0.7% with market watchers pencilling in a -0.1%, the number […]
Should A Trader Leave Trades Open On Friday Till Monday? Another Benefit Of TradeStops Manager EA! – Trading Systems – 12 January 2023
Discover the benefits of TradeStops Manager EA here: https://www.mql5.com/en/market/product/91553? In FX market, Friday is the last working day of the week, after then Monday comes. On Fridays. high volatility is more pronounced such that traders are usually disturbed whether to leave the trades open on Friday till Monday or not. Should a trader leave trades […]
Market Update – January 12 – Inflation Day
Stock market sentiment remains supported ahead of the US inflation report, with markets starting to look past the current wave of tightening moves and buying into hopes that final rates will be reached sooner rather than later this year. Yields have come down and stocks are benefiting. Australia and New […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (11 January 2023)
2023-01-11 2023-01-11 Short-term analysis for oil, gold, and EURUSD for 11.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Euro is trading under […]
Universal Indicator to Telegram Alerts – My Trading – 11 January 2023
Find below the details to connecting the MT4 EA to the telegram API. 1. You need to first create a telegram bot using @botfather. 2. Obtain the bot API Key and copy paste it to the EA settings on MT4. 3. You have the option to either use a telegram channel, or let the bot […]
USD continued to weaken on January 11th, eyes on UK GDP data
The US Dollar resumed its decline against the British Pound and the Euro as investors and traders focus on the release of US inflation data due on Thursday January 12th. The US Dollar Index (DXY) remains pressured towards the 103.00 round figure, barely higher than the lowest level recorded in the last seven months. As […]