Sergey Ershov / Blog

First, a review of last week’s forecast: - Recall that when predicting the future of EUR/USD, the vast majority of analysts, supported by indicators, voted in favour of the continuation of the downtrend and the decline of the pair to the 1.0500 zone...

First, a few words about the forecast for the previous week, which proved almost 100% accurate: - As it often happens, the medium-term forecast jumps ahead of the short-term one...

First, a review of last week’s forecast: - Despite the fact that the past week was filled with important economic events, it failed to deliver any big surprises. The uptrend of the pair EUR/USD, the start of which was precisely on New Year's night 2017 (clearly visible on D1) was continued...

First, a review of last week’s forecast: - The majority of analysts and graphical analysis on D1 had expected the EUR/USD pair to decline to the 1.0500 level and then to return to its Pivot Point at 1.0650. However, the pair stayed within a narrow side corridor 1.0710-1...

First, a review of last week’s forecast: - The main forecast for the EUR/USD pair had said that early in the week the pair could rise to 1.0685 or even higher to the 1.0700-1.0800 area. This is what happened in reality. By just Tuesday, the pair reached the 1...

A new program for NordFX IB partners came into effect last spring, it provides for a serious increase of their commission, which has become one of the highest in the industry (30-50% of the spread, or up to $28 per 1 lot...

First, a review of last week’s forecast: - The behaviour of the EUR/USD pair did not deliver any surprises in the first half of the week. First, as predicted by graphical analysis, it attempted to climb to the height of 1.0650. Having almost reached the intended target (1...

First, a review of last week’s forecast: – Recall that in the first week of the New Year analysts demonstrated a unique consensus: 100% believed that the EUR/USD would fall to the 1.0350-1.04800 area. They turned out to be 100% correct. On Monday the pair crept up to the level of 1...

First, a review of last week’s forecast: – We know that "thin" market and low liquidity in the pre New Year's week can work wonders. For the first half of the week the EUR/USD pair, as expected, remained in a slow sideways trend. Then on Wednesday, it slumped 100 points...

First, a review of last week’s forecast: – Giving the forecast for the EUR/USD pair, 60% of analysts, 85% of indicators, and graphical analysis on D1 pointed out that the pair should continue to fall to the 1.0300-1.0350 area at the very least...