FBS Analytics
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Did you hear the farewell speech of Donald Trump? Hard to believe that for the next four years, we won't be reading his captivating tweets, isn't it... So, what do you think, will Joe Biden's era make the US dollar stronger or weaker?
Anonymous Poll
41%
The USD will get stronger on the stronger US economy - America is still becoming great again
27%
The dollar may get weaker as the US economy will hardly withstand the expansion of the Chinese yuan
32%
The USD will fluctuate in the long term; anyway, it depends on the Fed more than on foreign policy
Forwarded from Forex HUB
​​Big changes in America are coming! 🇺🇸

Joe Biden is about to become the 46th President of the United States. The inauguration will take place around 18:30 MT time on Wednesday, January 20, and at 19:00 MT time the transfer of power from Trump to Biden will become official.

Roughly, 25 000 members of the National Guard will be on duty during the event — a necessary step after Trump’s supporters stormed the Capitol early this month. Donald Trump himself is not going to attend the ceremony.

All eyes are on the USD now. Traders expect that Biden’s economic stimulus will be bigger than that in other countries.

Moreover, they have faith in the next US Treasury Secretary Janet Yellen. As a result, the USD has a good chance to strengthen during the event, especially versus the JPY, the EUR, and the GBP. Be ready to a spike in volatility: there will be active trading and plenty of trade opportunities!

Trade now 👇
http://bit.ly/34B2MEn
​​🔦 To make profits, let's look in all directions. Cross-pairs are a good alternative to the main pairs - USD/CHF is one of them. Currently, it may be on the brink of a bullish breakthrough. Let's discover that option - but don't forget to prepare for an opposite scenario and put a Stop Loss! Check it out: https://bit.ly/2XWDdcT 👍
Do you trade or do you want to trade exotic currencies such as the Turkish lira, Russian ruble, or Brazilian real?
Anonymous Poll
26%
Yes, I trade them and I want more signals on them
36%
Currently, I don't trade them but I'd like to try
38%
No, I don't trade them as I don't feel I understand them well
​​ In the yesterday's questionnaire, many of you responded that you're not really sure why it makes sense to trade exotics. In the meantime, USD/MXN, USD/TRY and other exotic pairs have a lot of advantages. Whether you a scalper or a position trader, all strategies may become very profitable trading them - check it out https://bit.ly/3sIXMYh 🚀
​​🇬🇧 Folks, let's trade GBP/USD! It gives a really interesting picture out there - check it out: https://bit.ly/2Yda6lT. What do you think, will it keep going upwards? 📶
In fact, let's share our opinions on the above post about GBP/USD. So, what do you think will be the next step of this pair for today-tomorrow?
Anonymous Poll
23%
Rise to 1.38 straight
23%
Drop to 1.37 and then rise to 1.38
16%
Reverse and drop to 1.36 straight
20%
Reverse and drop below 1.37, recover the loss, then drop to 1.36
18%
Keep rising slowly or fluctuate above 1.37
​​🔂 So, we were speaking about the exotics such as USD/TRY a while ago. In this article (https://bit.ly/35XF1a4), we said that fundamental predictability is one of the advantages of trading these pairs. The below is a heading from today's Bloomberg - this is how you know that TRY is likely to see further weakening in the face of the USD. Good to know it in advance, isn't it? 🔮
​​💷 We were speaking about GBP/USD a lot yesterday, and many of you shared your opinion on its possible trajectory. We were right to predict that the pound goes below 1.37 - that was out primary scenario, and many of you saw that coming. Now, it's time to trade this bearish wave. What do you think will happen next? Share your thoughts in the comments, and see this article (https://bit.ly/394z10T) with two short-term scenarios to facilitate your trade 📈
​​🌅 It's time to trade gold, isn't it? Have a look at this article (https://bit.ly/3obgXqe): there are three scenarios - which of these do you think the gold price will follow? Share your ideas in the comments, and we'll put that to a vote shortly 😎
Alright, folks, thanks for your comments - seems, most of you find the bullish scenario 3 in the above post as the most probable for gold. Is that correct?
Anonymous Poll
52%
Yes, scenario 3; gold will be quick to recover at 1 860
21%
Not really - scenario 2 is the one coming; the price will drift above 1 845
27%
No way; bears will drag it down to 1 825
​​​​🌇 Good day, folks! Hope your weekend was good - it's Monday again, so it's time to go hunting. Remember we were speaking about the advantages of exotics? They have a higher potential profitability because of bigger fluctuations. Here is a good example: USD/MXN might be preparing a beautiful wave downwards - try a bearish strategy suggested in the article (https://bit.ly/2YcqNxy) 👍
​​🎉 Folks, let's celebrate! Small victories are also victories: we've correctly predicted the trajectory of the gold price. While we've had different opinions on the details, the general picture corresponds to what we thought. On the left side, it's our forecast; on the right - the actual gold price performance. Nice, isn't it? Let's keep it going: we want to make good analysis each one of us. Below, scenario 2 won. Well done! 😎
​​ Time for gold! The uptrend here seems to be very similar to the one in December - you'll see it in the article clearly: https://bit.ly/2LSw4bf - what do you think, will it reach 1 900 in two weeks/later/sooner? 🚀🎆
🗽 It's going to be a great week: public companies report their Q4'2020 earnings this week! Not only this week, by the way - the reporting season goes until the middle of February. That means we can trade stocks on these earnings reports and potentially make some good profits! Read here https://bit.ly/3ojueNw which ones are out this week and prepare 😎📝
​​📡 In about 14 hours, Microsoft will report its quarterly earnings: 00:30 MT time after today's midnight. So, let's trade Microsoft, see the details here: https://bit.ly/36b0c8u. What do you think, will the stock break the six-month resistance of $230? 🔎
​​🚀 Folks, another opportunity here: trade GE stock - it is well positioned (https://bit.ly/3sWeIdX) and is reporting its earnings today at 15:00 MT time! Use the chance, and by the way - you can trade it in FBS Trader, too! In fact, the image below is from FBS Trader - here is the link to it (https://bit.ly/3m4aJrg) if you need 👍😏
​​😏 Probably, it's a stock-reminder Tuesday: AT&T reports its earnings tomorrow at 15:30 MT time - check it out: https://bit.ly/3ojUCaa 👍 Anyway, not going to bore you with stocks anymore - not today, at least 😎😎
​​​​💡 By the way, do you trade Bitcoin? The news about it are all over the place - it's a financial markets celebrity now. What do you think of Bitcoin? Some say it might get as high as $50,000 this year! Unbelievable, isn't it? 💣 You can trade it in FBS Trader: https://bit.ly/3m4aJrg 😎
🔔 Folks, wanted to address one important topic - scam.
We've got a lot of it around, don't we?
Here is what scammers like to offer:
🔫 "Wonderful" 100%-efficient signals
😒
🔫 "Reliable" Forex investment management funds
😖
🔫 "Honest" brokerage
😠
In 90% of cases, all that is a fraud. That's why we always underline: don't go for "cheap and quick" profits - it doesn't work like that. Put your diligence and hard work to make a good strategy of your own - as you've seen above, we have examples of that 👍