Sergey Ershov / Blog

The graph shows the profit that an investor could have received in the Forex market, on just one transaction during the first half 2017, having opened the position on January 1 and closed it on 30 June...

First, a review of last week’s forecast: - EUR/USD. The upward trend of the pair, which began on New Year's Eve 2017 and which marks a steady fall in the US dollar, was continued last week. Thanks to growing GDP, the US currency had a chance, at least temporarily, to change the situation...

First, a review of last week’s forecast: - The main view on EUR/USD was that it would break through1.1500 and grow to the 2016 high at 1.1615. The next target would then be the maximum of August 2015: 1.1715...

To begin with, a few words about the forecast for the previous week, which ended up being almost 100% correct for EUR/USD, GBP/USD and USD/JPY. - Recall that the overwhelming majority (70%) of experts and almost 100% of indicators voted for the growth of the EUR/USD. 1...

First, a review of last week’s forecast: - EUR/USD. As a result of a powerful breakthrough in late June, the pair reached the upper boundary of the side channel in which it has been moving for more than two years since the winter of 2015. It was this that gave reason to expect the pair to fall...

To begin with, a few words about the forecast for the previous week, which was a week full of speeches by senior Central Bankers globally. Forex trends were influenced by the ECB head Mario Draghi, as well as his colleagues from the Bank of England Mark Carney and Bank of Japan Haruhiko Kuroda...

First, a review of last week’s forecast: the holiday season is approaching, which may be the cause of the diminishing stream of significant economic events...

First, a review of last week’s forecast: - It had been clear that the main moves for EUR/USD would begin on Wednesday 14 June, when the US Federal Reserve would officially announce a rate increase. Everyone was ready for this. What no one was expecting though was the sharp drop of the dollar 5...

First, a review of last week’s forecast: - Let us recall that in the forecasts regarding EUR/USD, most experts (70%), supported by graphical analysis on H4, spoke about the possible decline of the pair to 1.1100...

First, a review of last week’s forecast: - The previous forecast for EUR/USD turned out to be quite accurate when it came to trends, but the pair’s volatility turned out to be more modest than expected. Recall that 60% of experts predicted the pair’s decline to 1...