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 […]
Midweek Market Overview – January Week 2
The Dollar continues to retreat on the back of Chair Powell’s speech & ahead of US CPI data this week Dollar The Dollar finds itself bouncing off a 7-month low midweek, on the back of an important speech by FED chair Jerome Powell. The speech failed to inspire bullish impetus, mainly because it lacked any […]
Daily Market Outlook, January 11, 2023
Daily Market Outlook, January 11, 2023 Markets Marking Time Ahead of US Inflation DataInvestors remain upbeat but cautious ahead of tomorrow's US Inflation data. Asian equity markets once again picked up the positivity baton from Wall Street, with Asian equities pushing six-month highs, regional risk-on sentiment remains supported by the promise of a rebound in Chinese […]
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 […]
Market Update – January 11 – Dollar stands still ahead of Thursday’s CPI
Treasuries were more unidirectional while Yields have crept higher led by the long end. The curve has bear steepened to -65.6 bps from -68 bps Monday and -74 bps before Friday’s data. Wall Street was very choppy, trading either side of unchanged, after a positive opening. Chair Powell did not […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (10 January 2023)
2023-01-10 2023-01-10 Short-term analysis for oil, gold, and EURUSD for 10.01.2023 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. The EURUSD reached […]
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 […]
Market Update – January 10 – Wall Street in a dangerous game ahead of Powell, CPI, earnings
Treasuries remained firm, yields finished off of their lows. Wall Street turned mixed in the afternoon after the US30 and US500 shed their advances. Hawkish Fedspeak from Bostic and Daly generated some cold feet and subsequent profit taking ahead of Fed Chair Powell’s comments later. The advent of $90 bln […]
Daily Market Outlook, January 9, 2023
Daily Market Outlook, January 9, 2023MSCI Asia Pacific Index In Bull Market TerritoryAsian equity markets took their lead from Friday's positive close to trade on Wall Street, with US equity markets posting their best gains for over a month, markets are once again pinning their hopes on a Fed pause or pivot, this view was […]
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 […]