VishalM Posted October 17, 2018 Share Posted October 17, 2018 Expect US dollar to plunge 40% against euro, forex analyst predicts The US dollar could severely depreciate against the euro by 2024, says forex analyst Ulf Lindahl, chief executive officer of A.G. Bisset Associates. He says the greenback is entering the cycle of losses.Since the 1970s, the US currency has been repeating a 15-year cycle of losses and gains, and the greenback has now entered the phase of declines, Lindahl said. “When investors learn about the 15-year cycle, they are initially skeptical and doubt it exists,” the analyst said, as quoted by Bloomberg. If non-US investors don’t hedge against the dollar, they could face the “riskiest investment climate in 45 years,” Lindahl added.The analyst predicts that the dollar will fall to $2 per euro and 75 yen per dollar by 2024, corresponding to 41 percent and 33 percent losses, respectively. Lindahl notes that the cycle of losses and gains is a usual pattern for economy, investors don’t see it when it concerns the dollar. From the economic standpoint, Lindahl cites the following factors for the greenback’s decline: a likely slowdown in US economic growth that will result in a market slowdown, political turmoil, and the dollar’s overvaluation on a purchasing-power-parity basis against almost all major currencies.The dollar has strengthened this year against the euro, trading at $1.1542 on Wednesday compared to $1.25 at the beginning of the year. The US currency has slightly weakened against the yen in the last 12 months. https://www.rt.com/business Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted October 24, 2018 Share Posted October 24, 2018 I don't think USD will fall that much. All USA has to do is attack a natural resource rich country and increase their resources. There is no one who is going to object or anyone who can do anything about it. Quote Link to comment Share on other sites More sharing options...
VishalM Posted November 17, 2018 Author Share Posted November 17, 2018 This week, Gold price went up by +$32 from BREXIT fears when 7 ministers resigned from UK Parliament or Theresa May's UK government.Some 1,000,000,000 people worldwide who buy Gold and they will never sell gold unless they need the money, do not change the Gold price Quote Link to comment Share on other sites More sharing options...
Gee Dee Posted January 10, 2019 Share Posted January 10, 2019 Traders must try to give emphasize on currency value movement if they want to take timely decisions. And when a forex trader tries to give concentration on market behaviors he can at least think of rational decisions. However, with the basic progression of global economy and international relationship USD value has experienced sudden changes in its values and if you are major currency pair traders then you must be careful here. Quote Link to comment Share on other sites More sharing options...
WarnerDub Posted January 16, 2019 Share Posted January 16, 2019 This thread tries to demystify the questions the Newbies have. Newbies always want assurances that they can make profits from this Forex business. So i ask - Has anyone ever made money trading FOREX? Quote Link to comment Share on other sites More sharing options...
free forex Posted January 16, 2019 Share Posted January 16, 2019 Head and Shoulders Tops and best forex trading signals Head and Shoulders Tops and the best forex trading signals Appearance Three-peak formation with center peak taller than the others. Shape After an upward price trend, the formation appears as three bumps, the center one is the tallest, resembling a bust. Symmetry The two shoulders appear at about the same price level. Distance from the shoulders to the head is approximately the same. There can be wide variation in the formation’s appearance, but symmetry is usually a good clue to the veracity of the formation. Volume Highest on the left shoulder, followed by the head. The right shoulder shows the lowest volume of the three peaks. Neckline Connects the lows of the two troughs between the three peaks. The line can slope up or down. Often used as a triggerpoint (to buy or sell) once price pierces the line. Downward breakout Once price pierces the neckline, it may pull back briefly, then continue moving down. forex signals take profit and Measure rule Compute the formation height by subtracting the value of the neckline from the highest high reached in the head, measured vertically. Subtract the result from the breakout price where prices pierce the up-sloping neckline, or, if the neckline slopes downward, closes below the right shoulder low. The result is the minimum target price to which prices descend. Alternatively, compute the formation height from the highest high to the daily low price in the higher of the two troughs. Subtract the result from the daily high price in the higher of the two troughs to get the target price. This method boosts the success rate and does not rely on the neckline or breakout point (useful for steep necklines). stop loss for forex trading signals For short sales, place a stop just above the lower of the two troughs or just above the neckline, whichever is higher. Watch for pullback Initiate a short sale or add to your position during a pullback. Wait for prices to begin falling again before placing the trade as prices sometimes pull back and continue moving up Tall or narrow patterns perform better than short or wide ones. Avoid patterns that are both short and wide Quote Link to comment Share on other sites More sharing options...
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