Behind a thorough analysis, I initiated a short position in EURUSD. My decision was based on a combination of factors, including my short-term positive fundamental outlook on USD and my negative perspective on EUR. Furthermore, after carefully examining the trend and indicators, I am confident that this position aligns with my investment strategy. While there is...
Behind a thorough analysis, I initiated a short position in EURNZD. My decision was based on a combination of factors, including my short-term positive fundamental outlook on NZD and my negative perspective on EUR. Furthermore, after carefully examining the trend and indicators, I am confident that this position aligns with my investment strategy. While there is...
Behind a thorough analysis, I initiated a short position in EURGBP. My decision was based on a combination of factors, including my short-term positive fundamental outlook on GBP and my negative perspective on EUR. Furthermore, after carefully examining the trend and indicators, I am confident that this position aligns with my investment strategy. While there is...
Behind a thorough analysis, I initiated a short position in EURCHF. My decision was based on a combination of factors, including my short-term positive fundamental outlook on CHF and my negative perspective on EUR. Furthermore, after carefully examining the trend and indicators, I am confident that this position aligns with my investment strategy. While there is...
Behind a thorough analysis, I initiated a short position in CADCHF. My decision was based on a combination of factors, including my short-term positive fundamental outlook on CHF and my short-term negative perspective on CAD. Furthermore, after carefully examining the trend and indicators, I am confident that this position aligns with my investment...
Behind a thorough analysis, I initiated a short position in AUDUSD. My decision was based on a combination of factors, including my short-term positive fundamental outlook on USD and my short-term negative perspective on AUD. Furthermore, after carefully examining the trend and indicators, I am confident that this position aligns with my investment...
Behind a thorough analysis, I initiated a short position in AUDNZD. My decision was based on a combination of factors, including my short-term positive fundamental outlook on NZD and my short-term negative perspective on AUD. Furthermore, after carefully examining the trend and indicators, I am confident that this position aligns with my investment...
Behind a thorough analysis, I initiated a short position in AUDCHF. My decision was based on a combination of factors, including my positive fundamental outlook on CHF and my negative perspective on AUD. Furthermore, after carefully examining the trend and indicators, I am confident that this position aligns with my investment strategy. While there is always an...
After a thorough analysis, I initiated a short position in Gold. My decision was based on various factors, including my negative fundamental outlook. Furthermore, after carefully examining the trend and indicators, I am confident that this position aligns with my investment strategy. While there is always an inherent risk in any investment, I believe this...
I have come across a 100% technical strategy based on a new style of harmonics that is different from the classics. This strategy promises a high yield and an 80% success rate, which is hard to believe. For this reason, I will test it for 90 days to determine if it is true. Account: +1.1% Success Rate: 76% 07/04/2023 Account: +0% Success Rate: 50% AUDJPY...
I am a fundamental trader who relies on economic data, monetary policy, or events that may affect the economy. However, I have come across a 100% technical strategy based on a new style of harmonics that is different from the classics. This strategy promises a high yield and an 80% success rate, which is hard to believe. For this reason, I will test it for 90 days...
I am a fundamental trader who relies on economic data, monetary policy, or events that may affect the economy. However, I have come across a 100% technical strategy based on a new style of harmonics that is different from the classics. This strategy promises a high yield and an 80% success rate, which is hard to believe. For this reason, I will test it for 90 days...
Today, the forex market revolved around the news of the Core PCE in the United States, which is the Fed's favorite indicator for measuring inflation. It was expected to remain at 4.7% but decreased to 4.6%. However, even though this news weakened the dollar today, it did not change my positive outlook on the currency. I do not believe that this divergence is...
I am a fundamental trader who relies on economic data, monetary policy, or events that may affect the economy. However, I have come across a 100% technical strategy that is based on a new style of harmonics that is different from the classics. This strategy promises a high yield and an 80% success rate, which is personally hard to believe. For this reason, I will...
The inflation data for Europe will be released tomorrow, which is expected to decrease from 6.1% to 5.6%. However, if the data is higher than 5.9%, it could present a great buying opportunity for EURJPY. On the other hand, if the data is below 5.3%, it may be wise to consider going short on EURCAD. In addition, the PCE data for the United States will also be...
In my opinion, the most significant news for the forex market was the comments made by Powell, which implied that two interest rate hikes are expected this year, strengthening the dollar. Additionally, there were significant economic data regarding the unemployment claims in the United States, which were expected to decrease from 265K to 264K but decreased to...
"A long position was opened in USD/JPY as the Initial Jobless Claims data decreased more than expected, confirming that the Federal Reserve will continue to increase interest rates next month. On the other hand, my outlook on the yen remains bearish as the Bank of Japan seems far from modifying its monetary policy."
There was an important meeting today where some of the world's most influential central bank leaders gathered. Lagarde, the President of the European Central Bank; Bailey, the Governor of the Bank of England; Ueda, the Governor of the Bank of Japan; and Powell, the Chair of the Federal Reserve, were all in attendance. They discussed various topics, but the most...