Archive for Month: December

Euro needs an operation. Forecast as of 08.12.2020

The EURUSD will go down only if the European Central Bank takes radical measures. Neither QE boost nor the verbal interventions can discourage the euro bulls. Let us discuss the Forex prospects and make up a trading plan. Weekly euro fundamental forecast A puzzle: which economy is turning down and...

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Dollar let a genie out. Review as of 04.12.2020

The greenback’s fast devaluation arouses outrage outside the USA Dozing at the bottom of a bottle, currency wars can become the main issue of 2021 – Darling, won’t you forget me? – Honey, I won’t even remember you! More than ten years have passed since Brazil’s Finance Minister Guido...

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Heikin-Ashi Candles

The Heikin-Ashi chart looks very similar to your usual Japanese candlesticks, which are an extremely popular and convenient technical analysis tool. However, Heiken-Ashi is calculated based on a unique formula, which is completely different from the standard one. Today, I’m going to tell you how the Heiken-Ashi bars work,...

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