Every trader knows how important it is to analyze the market movements and trends effectively. With constant changes occurring daily across global markets, it is crucial for one to stay updated with reliable forecasts and analyses. The Analytics section on Traders Union aims to address this very need by providing readers with in-depth insights from Anton Kharitonov, a financial analyst, and expert at Traders Union.
With accurate predictions for both short and long-term timeframes, these exclusive analyses covering major currency pairs, cryptocurrencies, commodities, and stocks can help investors and traders gain a clear understanding of the market. Topics are explored from fundamental and technical perspectives, highlighting important news and macroeconomic factors influencing prices. With its wide-ranging and regularly updated content, the Analytics section seeks to equip users with the necessary market knowledge to successfully navigate volatile market conditions and maximize returns on their investments.
Forex, cryptocurrency and stock markets forecasts based on analysis
How does Traders Union analytics help traders?
Forex analysis, as well as cryptocurrency and stock analysis by TU experts will help you learn the techniques of making a reliable forecast for each day. You will be better equipped to make informed decisions if the assessment of events is objective. Therefore, the following factors need to be taken into consideration:
Discount rates of central banks;
Unemployment rate;
Macroeconomic factors reflecting the state of the national economy;
Inflation;
General trends in the global financial markets;
Events and news of economic and political nature;
Crypto market features: trends, growth, risks;
Stock market performance, performance of global stock indices;
Information from the first officials of corporations and concerns participating in the auction;
Current speculative trends.
Fundamental and technical analysis
What is technical analysis? At this stage, analysis of prices is the most important element. Each trader should carefully monitor price action, identify patterns and try to determine the future movements. Forex forecasts can help you do all that. By using such instruments of technical analysis as indicators, patterns, support and resistance levels, you can analyze the market and effectively make a forecast of the price of an asset all on your own.
Fundamental analysis involves an in-depth examination of political, macroeconomic, and social events that may affect the prices. Monitoring growth or decline in economies of countries or regions is important. These factors are important for market sentiment forecasts, and therefore should also be taken into account.
Conclusion. Even though fundamental and technical analysis differs in the forms and methods of studying market dynamics trends, these two methods of analysis allow you to get the most objective picture of changes in the financial markets and help the trader make the right trading decision.
Free and paid analytics: which one to use?
Forex forecasts for today, and cryptocurrency and stock analysis may include paid and free services. In the first case, the forecasts are offered by independent expert companies that have no ‘personal’ interest in the results of trading in the international market. This kind of information is of high quality, as it is compiled by top-tier professionals.
Most brokers use free analytics. It provides such information as the expected entry and exit points to the market as well as the prediction of the course of trading for a specific day. You need to be careful when choosing a reliable source of forecasts. Your search will end in success only if you take into consideration the efficiency of the forecasts of various experts and make appropriate conclusions. The ability to properly analyze the trends in the Forex, cryptocurrency and stock markets is not only highly appreciated by traders, but can also significantly help them grow their capital in the future.
TU traders have an opportunity to study analysis and forecasts for Forex, cryptocurrency and stock markets by top financial experts for free. It is an additional service offered by Traders Union that allows traders to study the financial market in detail, reduce the risks and earn more profit from trading. Check for updates of this section!
Broker Analytics: Forex pairs, Stocks and Cryptocurrencies
In this section, you will find analytics provided by Forex brokers, learn the opinions of top financial experts about current trends in the Forex market, and compare fundamental and technical market analysis.
FAQs
How can I start making money on Forex, stock and cryptocurrency markets?
In order to start making money in the Forex market, you must first choose a reliable broker to work with. Keep in mind that Top brokers are always featured in our rating.
How can I learn to trade for profit?
To become a successful trader, you need to monitor the events in the financial market as well as latest analytical forecasts on currency pairs, metals, cryptocurrencies and stocks. Open a trading account with a broker using the Traders Union rebate service to get payouts, even for unprofitable transactions.
How much can I earn on Forex through Traders Union?
You can calculate your extra income using the Profit Calculator or in the Traders’ Income section. Open a trading account through Traders Union and get extra profit every day.
What do I need to start making money on Traders Union?
Open a trading account with any partner broker of Traders Union, and add this account number to the Accounts section of your user account on TU. Once the account is confirmed, you can start trading.