The5ers Educational Center

Weekly Forex Forecast June 12 - 16, 2023

Despite the limited market activity during Memorial Day, we have taken the opportunity to formulate a forecast for the upcoming week. The US indices have experienced an upward trend primarily driven by the growing influence of artificial intelligence (AI). As a result, the market anticipates a promising future and expects enhanced efficiency for companies leveraging these emerging technologies. However, from a technical standpoint, certain weaknesses are evident in the market, which could potentially create selling opportunities throughout the week.

Turning our attention to the EURUSD currency pair, the price has arrived at a significant key zone, indicating the potential for an upward push following an extended bearish trend observed over the past few weeks.

Lastly, the gold market presents favorable buying prospects as it currently resides within a demand zone. This provides an attractive opportunity for investors seeking to enter the market.

In summary, based on our analysis, the US indices exhibit signs of weakness, while the EURUSD pair shows the potential for an upward movement, and Gold indicates favorable buying opportunities within the current demand zone.

Top Traders Lectures, Contests, Gaming, and Beer this Saturday, June 17, in London Don't regret missing this event: tradersday.live

 
Weekly Forex Forecast June 19 - 23, 2023

How to Read The Chart Using The VX and Different Time Frames

In today’s trading room, we analyzed the major indices (Nasdaq and S&P) and created Short and Long scenarios for trading USD/JPY, JPY/CAD, and EUR/CHF.

We learn how to build a position correctly so you stay within your risk parameters and how to work with a few time frames to find hidden support/resistance and understand when price action shifts its momentum.

This is a must-see lesson.

 
Weekly Forex Forecast July 3 - 7, 2023

In today's trading room, we analyzed the major currencies and major indices (Nasdaq and S&P).

The overall context and AI that drives the companies' efficiency are still present. This pushes indices up and confirms the risk-on environment that starts to be installed.

With tomorrow being the 4th of July, a national holiday in the United States, the market is expected to remain relatively calm today and exhibit lower volatility tomorrow, especially in the markets that remain open. This presents an excellent opportunity to gain insights into the implications of this temporary respite and how it affects investment decisions.

Moreover, we explore the movement of the Japanese yen (JPY) and identify it as one of the most promising opportunities in the financial landscape. Drawing parallels to significant historical events such as the 2008 and 2015 extreme levels in GBPJPY and EURJPY, we discuss how the current market conditions could potentially position the JPY movement as an unprecedented opportunity for investors.

 
A $1.2 Million Funded Trader With The5ers - Interview With Forex Prop Trader Anna Ikerte From the UK

Anna has been a funded trader by The5ers for over a year now. She is trading in the Hyper-Growth program(Instant Funding), managing 1,200,000!

Her next mission is to reach 10% profit and double her funds to $2,400,000.

We spoke with Anna about her trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.

 
Weekly Forex Forecast July 10 - 14, 2023

In today's session, we established a new bearish bias for USD as inflation in the US is expected to come lower; thus, demand for USD will not increase.

We found selling opportunities in GBP/JPY and USD/CAD.

GBP/JPY setup is a divergence setup that can easily be seen on the Daily Chart, approaching a strong and old supply from years ago.

 
Weekly Forex Forecast July 17 - 21, 2023

In today's session, Alexander and Ruben delve into the recent movements of the Dollar Index and uncover an intriguing trading opportunity. Following a notable decline in the Dollar's value, their analysis suggests a potential short-term rebound.

They examine the daily and monthly charts of the USDCHF currency pair, unearthing a promising market scenario with room for an upward trajectory. However, Ruben seizes upon a short scalp opportunity in USDCHF, making a calculated decision to open a position.

 
Weekly Forex Forecast July 24 - 28, 2023
Interest Rate Decision and Crypto Anticipation

In today's trading room, we delve into three key areas shaping the current financial landscape.

Firstly, we discuss the potential monthly rebound of the CHF (Swiss Franc) and its implications for traders and investors. The CHF's performance has been a subject of interest, and we are exploring whether a possible turnaround is on the horizon.

Next, we examine the relentless push of US indices towards All-Time Highs while anticipating the highly awaited FOMC (Federal Open Market Committee) interest rate decision. As the forecast predicts a 0.25 rate hike, we analyze the potential surprises in the market amid a strengthening economy.

Lastly, we shift our focus to cryptocurrency, where prominent assets such as BTC (Bitcoin) and ETH (Ethereum) have remained locked in a trading range for an entire month. With anticipation building up, we assess the crucial factors that could trigger the next significant movement in the crypto market.

 
Weekly Forex Forecast July 31 - Aug 4, 2023
USDCHF Long Position 450K, US Indices Rally Insights & JPY Decade Opportunity

In today's trading room, Ruben takes us through his successful long opportunity in USDCHF that he initiated last week. He shares his strategic approach to building the position and reveals the target he aims to achieve. This in-depth analysis provides valuable insights into trading the USDCHF pair and offers viewers a chance to learn from a seasoned trader's perspective.

Moving on, Ruben delves into the current state of US indices and sheds light on a potential shift in the rally dynamics as they near the All-Time High. With a careful assessment of market conditions, he shares his thoughts on how the indices' momentum might evolve, offering viewers a balanced view to make informed decisions.

Furthermore, Ruben discusses a compelling decade opportunity that seems to be approaching for JPY (Japanese Yen). As the currency has experienced significant depreciation, he raises critical points to ponder on how the Forex market operates in cycles. Ruben explores the potential implications of a strengthened JPY on the Japanese economy, sparking a thought-provoking discussion about the currency's future trajectory.

 
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