<h2>Key Points from This Week</h2> <p><strong>Fed Calls for More Support</strong></p> <p>Fed chairman Powell called on the government to offer further support during a testimony to Congress this week. Echoing his message at the June FOMC, Powell warned that the recovery process in the US will be a very long
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Forex needs shock
Markets would be boring without new subjects – Why can cats see in the dark? – They can’t reach the light switch. When you can’t figure out what’s going on, you have to move by touch. I don’t feel sorry for Western analysts complaining about the discrepancy between currency rates and economic fundamentals. People are used to […]
Three most effective Forex trading systems
The best forex trading systems every trader should know Any trader in the Forex trading fairly soon learns that there are plenty of different forex trading systems. So, any trader will always wonder, what is the best system for trading forex? Any forex trader wants to know what trading system should be selected (or created) […]
XAU/USD: Elliott wave analysis and forecast for 19/06/2020 – 26/06/2020
The pair XAU/USD remains likely to fall. Estimated pivot point is at a level of 1764.82. Main scenario: consider short positions from corrections below the level of 1764.82 with a target of 1634.13 – 1599.64. Alternative scenario: breakout and consolidation above the level of 1764.82 will allow the pair to continue rising to the levels […
USD/JPY: Elliott wave analysis and forecast for 19/06/2020 – 26/06/2020
USD/JPY remains likely to fall. Estimated pivot point is at a level of 107.64. Main scenario: consider short positions from corrections below the level of 107.64 with a target of 105.21 – 104.50. Alternative scenario: breakout and consolidation above the level of 107.64 will allow the pair to continue rising to the levels of 109.84 […]
GBP/USD: Elliott wave analysis and forecast for 19/06/2020 – 26/06/2020
GBP/USD is correcting, still likely to grow. Estimated pivot point is at a level of 1.2350. Main scenario: consider long positions above the level of 1.2350 with a target of 1.2880 – 1.3150 once the correction has finished. Alternative scenario: breakout and consolidation below the level of 1.2350 will allow the pair to continue declining [&hellip
EUR/USD: Elliott wave analysis and forecast for 19/06/2020 – 26/06/2020
EUR/USD is correcting, still likely to grow. Estimated pivot point is at a level of 1.1096. Main scenario: long positions should be considered above the level of 1.1096 with a target of 1.1495 – 1.1605 once the correction has formed. Alternative scenario: breakout and consolidation below the level of 1.1096 will allow the pair to […]
USD/CHF: Elliott wave analysis and forecast for 19/06/2020 – 26/06/2020
USD/CHF remains likely to fall. Estimated pivot point is at a level of 0.9554. Main scenario: consider short positions from corrections below the level of 0.9554 with a target of 0.9323 – 0.9170. Alternative scenario: breakout and consolidation above the level of 0.9554 will allow the pair to continue rising to the levels of 0.9651 […]
USD/CAD: Elliott wave analysis and forecast for 19/06/2020 – 26/06/2020
USD/CAD remains likely to grow. Estimated pivot point is at a level of 1.3320. Main scenario: consider long positions from corrections above the level of 1.3320 with a target of 1.4047 – 1.4143. Alternative scenario: breakout and consolidation below the level of 1.3320 will allow the pair to continue declining to the levels of 1.3189 […]
Wirecard CEO Exits and more: Executives on the Move
Catch up on the latest highlights of senior professionals changing career paths' in the forex, crypto and fintech world.