Blogs

<h2><span>Daily Market Outlook, May 18, 2020 </span></h2> <p><span><strong>Expectations of further policy stimulus has provided a positive backdrop for the market at the start of the week.</strong> Most major Asian indices are trading higher, while European and UK futures point to gains ahead. </sp

<p>Good day!</p> <p>The USD/RUB remains in the descending triangle and volatility is now minimal. The asset could potentially break the upper side of triangle and jump. It can also break the lower side of triangle but let’s wait and see what happens next:</p> <p><img class="alignnone size-large wp-image-43652&q

<p>USDCHF Daily Outlook – Last week the US Fed Powell said the economy faces a long, uncertain recovery. But despite this on top of the horrible U.S. economic updates, the USD managed to hold its head up against the other major currencies. Across the pond though, the British pound took a beating once again on […]

<p>In this Weekly Market Outlook 18-05-20, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it!</p> <p><iframe src="https://www.youtube.com/embed/YuEY-Lh4ttM" width="100%" height="481" frameborder="0&qu

<p><span>U.S. stock futures went higher on Asia Monday, while Asian equity indexes were mixed. Safe havens USD and yen ticked lower as investors weighed encouraging signs of businesses reopening across major economies against sluggish data prints. California’s economy is now 75% open, its governor said, while upstate New York is also se

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Europe starts acting in unity Good news has come from Europe, and the US dollar weakens amid the S&P 500 rally. This sends the euro up. The EUR/USD has rallied up as Germany and France are willing to join efforts in the aid to the EU countries worst affected by Covid-19. Besides, the ECB is also willing […]

Progress labels. Rules of using progress labels in all types of trending impulse waves. Dear friends! In the previous article, I explained the rules of complexity and balance, the rules of wave grouping, compaction, and regrouping. I also explained how the power rating of a wave determines the following market action. This article deals with [&hell

Colleagues, hello! I am back from vacation and resume my work. During my absence from the blog, LiteForex celebrated its 15th anniversary. And, as there is a celebration, there are presents. For us, traders. LiteForex launched a promotion, “Dream Draw” with a prize fund of 350 000 USD. The prizes include a lot of Apple super […]

The White House changed its attitude to the U.S. currency You could do anything to win the presidential elections! You could also abruptly reverse your own point of view. For most of his presidential term, Donald Trump was a fan of a weak dollar. In May, however, he supports the position of the former U.S. […]