More than 20% profit after 13 trading days ... 🤑🤑🤑
https://www.mql5.com/en/signals/1799489?source=Site+Signals+My#!tab=account
https://www.mql5.com/en/signals/1799489?source=Site+Signals+My#!tab=account
More than 30% profit after 5 weeks, Fortuna is going high in the sky ✌️✌️✌️
https://www.mql5.com/en/signals/1777535?source=Site+Signals+From+Author
https://www.mql5.com/en/signals/1777535?source=Site+Signals+From+Author
Financial Analysis for June 12, 2023
Hello, traders! Here's a brief financial analysis for June 12, 2023, based on the information available on Forex Factory.
Economic Calendar:
1. Germany - ZEW Survey - Economic Sentiment (June) - The ZEW Survey is an important indicator of economic sentiment in Germany. Keep an eye on the release for any significant changes that could impact the EUR.
2. Japan - Prelim Machine Tool Orders (May) - This data provides insights into the manufacturing sector's performance in Japan. A positive figure could strengthen the JPY.
3. U.S. - Federal Budget (May) - The Federal Budget report can influence the USD, as it reflects the government's financial health. A higher surplus or lower deficit is generally seen as positive for the currency.
4. New Zealand - Visitor Arrivals (April) - This data can impact the NZD, as it reflects the tourism industry's performance. A higher number of visitor arrivals could boost the currency.
5. Japan - BSI Manufacturing Index (Quarter II) - The BSI Manufacturing Index is another key indicator of Japan's manufacturing sector. A positive reading could support the JPY.
Hello, traders! Here's a brief financial analysis for June 12, 2023, based on the information available on Forex Factory.
Economic Calendar:
1. Germany - ZEW Survey - Economic Sentiment (June) - The ZEW Survey is an important indicator of economic sentiment in Germany. Keep an eye on the release for any significant changes that could impact the EUR.
2. Japan - Prelim Machine Tool Orders (May) - This data provides insights into the manufacturing sector's performance in Japan. A positive figure could strengthen the JPY.
3. U.S. - Federal Budget (May) - The Federal Budget report can influence the USD, as it reflects the government's financial health. A higher surplus or lower deficit is generally seen as positive for the currency.
4. New Zealand - Visitor Arrivals (April) - This data can impact the NZD, as it reflects the tourism industry's performance. A higher number of visitor arrivals could boost the currency.
5. Japan - BSI Manufacturing Index (Quarter II) - The BSI Manufacturing Index is another key indicator of Japan's manufacturing sector. A positive reading could support the JPY.
Trading based on news events, such as the Consumer Price Index (CPI) release, can be a profitable strategy if executed correctly. Here's a step-by-step guide on how to trade based on the CPI news for USD:
1. Understand the CPI data: The CPI measures the change in the price of a basket of goods and services, reflecting inflation. Higher-than-expected CPI data indicates rising inflation, which may lead to higher interest rates and a stronger USD. Conversely, lower-than-expected CPI data suggests lower inflation, potentially leading to lower interest rates and a weaker USD.
2. Identify the currency pairs: Focus on USD pairs, such as EUR/USD, GBP/USD, USD/JPY, and USD/CHF. The direction of the trade will depend on whether the CPI data is positive or negative for the USD.
3. Prepare for the news release: Check the economic calendar on Forex Factory to find the exact time of the CPI release. Make sure you're aware of the market's expectations for the data, as this will influence the market reaction.
4. Set up a straddle trade: A straddle trade involves placing both a buy stop order and a sell stop order around the current market price before the news release. This way, you can capture the market movement regardless of the direction. Set the stop orders at a reasonable distance from the current price to avoid false breakouts due to market noise.
5. Monitor the news release: Once the CPI data is published, watch the market reaction. If the data is better than expected, the USD may strengthen, and your buy stop order on USD pairs (e.g., USD/JPY) or sell stop order on inverse pairs (e.g., EUR/USD) will be triggered. If the data is worse than expected, the opposite may happen.
6. Manage your trade: After the initial market reaction, monitor your open trade and adjust your stop loss and take profit levels accordingly. Be prepared for potential price retracements and volatility.
7. Evaluate your trade: After closing your position, review the trade to identify any areas for improvement. This will help you refine your news trading strategy over time.
Keep in mind that news trading can be risky due to high volatility and potential slippage. Make sure to practice proper risk management and use a demo account to test your strategy before trading with real money.
1. Understand the CPI data: The CPI measures the change in the price of a basket of goods and services, reflecting inflation. Higher-than-expected CPI data indicates rising inflation, which may lead to higher interest rates and a stronger USD. Conversely, lower-than-expected CPI data suggests lower inflation, potentially leading to lower interest rates and a weaker USD.
2. Identify the currency pairs: Focus on USD pairs, such as EUR/USD, GBP/USD, USD/JPY, and USD/CHF. The direction of the trade will depend on whether the CPI data is positive or negative for the USD.
3. Prepare for the news release: Check the economic calendar on Forex Factory to find the exact time of the CPI release. Make sure you're aware of the market's expectations for the data, as this will influence the market reaction.
4. Set up a straddle trade: A straddle trade involves placing both a buy stop order and a sell stop order around the current market price before the news release. This way, you can capture the market movement regardless of the direction. Set the stop orders at a reasonable distance from the current price to avoid false breakouts due to market noise.
5. Monitor the news release: Once the CPI data is published, watch the market reaction. If the data is better than expected, the USD may strengthen, and your buy stop order on USD pairs (e.g., USD/JPY) or sell stop order on inverse pairs (e.g., EUR/USD) will be triggered. If the data is worse than expected, the opposite may happen.
6. Manage your trade: After the initial market reaction, monitor your open trade and adjust your stop loss and take profit levels accordingly. Be prepared for potential price retracements and volatility.
7. Evaluate your trade: After closing your position, review the trade to identify any areas for improvement. This will help you refine your news trading strategy over time.
Keep in mind that news trading can be risky due to high volatility and potential slippage. Make sure to practice proper risk management and use a demo account to test your strategy before trading with real money.
Fundamental Financial Analysis for June 13, 2023
Hello, traders! Here's a brief fundamental financial analysis for June 13, 2023, based on the information available on Forex Factory.
Economic Calendar:
1. UK - Average Earnings Index +Bonus (April) - This indicator measures the change in the price businesses and the government pay for labor, including bonuses. A higher reading is generally positive for the GBP.
2. UK - Claimant Count Change (May) - This data reflects the change in the number of people claiming unemployment-related benefits. A lower figure is generally positive for the GBP.
3. UK - Unemployment Rate (April) - The unemployment rate measures the percentage of the total workforce that is unemployed and actively seeking employment. A lower rate is generally positive for the GBP.
4. Eurozone - Industrial Production (April) - This data measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. A higher reading is generally positive for the EUR.
Hello, traders! Here's a brief fundamental financial analysis for June 13, 2023, based on the information available on Forex Factory.
Economic Calendar:
1. UK - Average Earnings Index +Bonus (April) - This indicator measures the change in the price businesses and the government pay for labor, including bonuses. A higher reading is generally positive for the GBP.
2. UK - Claimant Count Change (May) - This data reflects the change in the number of people claiming unemployment-related benefits. A lower figure is generally positive for the GBP.
3. UK - Unemployment Rate (April) - The unemployment rate measures the percentage of the total workforce that is unemployed and actively seeking employment. A lower rate is generally positive for the GBP.
4. Eurozone - Industrial Production (April) - This data measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. A higher reading is generally positive for the EUR.
Hello Guys, there was a mistake in the technical analysis of these two past days. I deleted them, sorry for the issue. The fundametal analysis will help you to have a real sense of the market.
Good luck with your trades.
Good luck with your trades.
Fundamental Analysis for 13th June 2023, USD Based on CPI News
The Consumer Price Index (CPI) is a key indicator of inflation and a significant economic announcement that can significantly impact currency markets. Inflation directly influences the Federal Reserve's decisions on interest rates, and hence, impacts the value of the USD.
Let's assume that the CPI data released today exceeded market expectations with a higher than anticipated inflation rate.
USD Pairs
EUR/USD: The stronger CPI data implies a higher probability of an interest rate hike by the Federal Reserve. The prospect of higher yields attracts more foreign investors to the USD, increasing its demand. As a result, we can expect the EUR/USD pair to go down. Look for sell opportunities if the price breaks below significant support levels.
USD/JPY: This pair is likely to react positively to the better-than-expected inflation data. A stronger USD and expectations of higher interest rates should lead to an upward movement in this pair. Monitor for buying opportunities if the price breaks above key resistance levels.
GBP/USD: This pair should also see a decrease with a stronger USD. As in the case with EUR/USD, monitor for potential sell opportunities if the price dips below crucial support levels.
AUD/USD: Given that higher interest rates in the U.S. can decrease the demand for riskier assets such as the AUD, this pair is expected to decline. Seek selling opportunities following key support level breaks.
Gold
Gold typically has an inverse relationship with the USD. Therefore, with a stronger USD following positive CPI data, the price of gold is likely to go down. Gold is often used as a hedge against inflation, so if the CPI data implies manageable inflation, this could also lead to a decline in gold prices as investors see less need for this hedge. Look for selling opportunities, especially if the price breaks below significant support levels.
Remember that while fundamental analysis can provide a broad view of market directions, it doesn't guarantee specific movements. Market sentiment, geopolitical events, and other economic news can also significantly impact currency and gold prices. Hence, it's crucial to employ risk management techniques in your trading strategy.
The Consumer Price Index (CPI) is a key indicator of inflation and a significant economic announcement that can significantly impact currency markets. Inflation directly influences the Federal Reserve's decisions on interest rates, and hence, impacts the value of the USD.
Let's assume that the CPI data released today exceeded market expectations with a higher than anticipated inflation rate.
USD Pairs
EUR/USD: The stronger CPI data implies a higher probability of an interest rate hike by the Federal Reserve. The prospect of higher yields attracts more foreign investors to the USD, increasing its demand. As a result, we can expect the EUR/USD pair to go down. Look for sell opportunities if the price breaks below significant support levels.
USD/JPY: This pair is likely to react positively to the better-than-expected inflation data. A stronger USD and expectations of higher interest rates should lead to an upward movement in this pair. Monitor for buying opportunities if the price breaks above key resistance levels.
GBP/USD: This pair should also see a decrease with a stronger USD. As in the case with EUR/USD, monitor for potential sell opportunities if the price dips below crucial support levels.
AUD/USD: Given that higher interest rates in the U.S. can decrease the demand for riskier assets such as the AUD, this pair is expected to decline. Seek selling opportunities following key support level breaks.
Gold
Gold typically has an inverse relationship with the USD. Therefore, with a stronger USD following positive CPI data, the price of gold is likely to go down. Gold is often used as a hedge against inflation, so if the CPI data implies manageable inflation, this could also lead to a decline in gold prices as investors see less need for this hedge. Look for selling opportunities, especially if the price breaks below significant support levels.
Remember that while fundamental analysis can provide a broad view of market directions, it doesn't guarantee specific movements. Market sentiment, geopolitical events, and other economic news can also significantly impact currency and gold prices. Hence, it's crucial to employ risk management techniques in your trading strategy.
👍1
Algo Traders
Fundamental Analysis for 13th June 2023, USD Based on CPI News The Consumer Price Index (CPI) is a key indicator of inflation and a significant economic announcement that can significantly impact currency markets. Inflation directly influences the Federal…
Yesterday I told you less USD CPI will lead to decline in GOLD.