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Coming up this week:
1. How to trade all-time highs and all-time lows?
2. Weekly economic calendar
3. How Brexit will affect the economy
4. Is inflation coming back in 2021?
How to Trade All-Time Highs and All-Time lows?
How to Trade All-Time Highs and All-Time lows?
To make the right trading decisions, you need to know where the chat’s lows and highs are placed. To find them out, you need to be able to forecast the moving. What do you need to make predictions correctly? Read our article, where we describe everything in detail and with pictures.
If you have chosen a long-term trading strategy and follow the charts for a long time — this info is right for you!
Read the article
What do you think 2021 will be like?
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Everything will be better for sure
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I’m afraid it will get even worse
Weekly Economic Calendar
Weekly Economic Calendar
January 20, 17:00 MT Time
Bank of Canada’s report
If the bank cuts rates or expands its quantitative easing program, the CAD will drop.
Trade USD/CAD, CAD/JPY
January 21, 14:45 MT Time
ECB report
If the ECB confirms more easing needed, the EUR will fall.
Trade EUR/USD, EUR/GBP
January 22
EU, UK, and US PMI reports
If the actual PMI data is higher than the forecasts, the currency will strengthen.
Trade EUR/USD, EUR/GBP, GBP/USD
Check the calendar
MetaTrader time (MT Time) is the server time of the trading platform MetaTrader. It is similar to Eastern European Time (EET) and GMT+2.
You can check MT time in the top part of the window called “Market Watch” or on the time axis of the price chart with the 1-minute timeframe.
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How Brexit will Affect the Economy
How Brexit will Affect the Economy
For the whole year of 2020, we saw Brexit, Brexit, Brexiiiit in the headlines! And when the deal was closed, everyone fell silent. Britain got her way. But a coin always has two sides. The effects of the deal will begin to be seen very soon, and everything won’t be the same anymore.
What the future of the pound is and how the British economy will change — read in our new article!
Read now
Is Inflation Coming Back in 2021?
Is Inflation Coming Back in 2021?
FRESH ANALYTICS & FUNDAMENTAL ANALYSIS
Three reasons why we think that the US inflation will increase:
1. By March 2021, low prices of last March and April that fell because of the coronavirus will become the new basis for comparison, so year-over-year measures of inflation will jump.
2. Vaccines rollout will allow people to go back to their normal spending patterns by the second half of 2021.
3. Companies will not be able to meet the increased demand, as they will be struggling with the ongoing consequences of the pandemic, so they will raise prices.
Higher inflation should make the Fed roll back its monetary stimulus and thus will be bullish for the USD.
Learn more on the subject in PDF analytics file
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