Source: PaxForex Premium Analytics Portal, Fundamental Insight US equity markets remain in a bear market, led by the tech-heavy NASDAQ100, which led the last stage of the artificial bull market higher. The long-term trend remains bearish, as inflation is high and could remain well above the Federal Reserve’s 2.0% target for significantly longer than forecast. The economy is slowing, and some fear a recession has already begun following the surprise first-quarter US GDP contraction. Overall fundamental and technical conditions point to...
Every leap year the U.S. holds presidential elections. The results of this process are unpredictable, judging by frequent mistakes of analytical forecasts and mismatches of exit polls with the real results of the people's will. Uncertainty and non-obviousness of the choice of the head of state are reflected in all markets, including Forex, where the dollar plays the role of the main measure of rates of all currencies. On November 3 this year, U.S. citizens should decide which of the two candidates will occupy the White House for the...
Dear Clients and Partners, We’re informing you that due to the Columbus Day in the USA, there will be some changes in the trading schedule*. Trading schedule on Metals (XAUUSD, XAGUSD) October 12th, 2020 - trading stops at 8:00 PM server time. October 13th, 2020 - trading starts as usual. Trading schedule on CFDs on US stocks October 12th, 2020 – no trading. October 13th, 2020 - trading starts as usual. Trading schedule on CFDs on US indices (US500, US30, NAS100) October 12th, 2020 – no trading. October 13th,...
In Forex, one of the most successful strategies are the ones following the trend, so the sooner you can determine a trend, the more you can profit from it. There are many different ways to determine the beginning of a new trend. But you have to assume that price is the last element that changes. Before price changes, the market driving force changes, and before it changes its direction, the acceleration of the driving force must slow to zero. It then starts accelerating in the other direction until the price changes its direction. The...
A few years ago, people spent years training to become a trader. Speaking about 2020, it's a little easier for us - there is a lot of publicly available literature, which collects and systematizes all the necessary knowledge. Moreover, famous sharks of Forex trading willingly share their experience, so you can find analytical reviews on the Internet, which allow you to make a forecast without wasting much time and effort. Since trading analytics and Forex signals have long been part of modern trading, every year, they are becoming more...
