'Dollar Rally’ Could Prove Profitable for Eager Traders and Investors
ORLANDO, Fla. (PRWEB) April 05, 2018 -- The U.S. Dollar will rally in 2018, bringing potentially substantial profits for currency traders as the U.S. economy experiences further gains, according to a Florida-based foreign currency market analyst.
Josh Martinez, senior market analyst and foreign currency trading expert at Market Traders Institute (MTI), predicts the U.S. Dollar will surge this year and expects tremendous gains against the Euro and other foreign currencies. Measured in PIPS (price movements), the dollar rally could further shake up the volatile foreign currency (forex) markets in 2018.
“The U.S. Dollar (USD) is in a potential position of great growth,” said Martinez. “Traders from all around the world will view the USD crosses and look for signals of U.S. Dollar strength. It’s time for a rally.”
Martinez encourages forex traders to strike now and move forward with their trades, as the U.S. Dollar moves into a channel of growth and trading opportunity.
“Our analysis shows signs of a trading opportunity involving the Euro/USD worth $33,000 or more with an average PIP size of $10, and a possible $53,000 in earning potential across multiple currency pairs,” said Martinez. “It’s happening right now!”
As leaders in trading technologies and investor education, Orlando-based Market Traders Institute is solidifying its reputation as a predictor of financial market movement. In 2015, MTI made a similar prediction, albeit in the other direction, when it forecast a weaker U.S. Dollar versus the Euro. A 2,800 PIP gain resulted in a $28,000 profit opportunity for MTI students and forex traders who followed the prediction by trading a standard lot size of $10 per PIP.
With past as prologue, MTI confidently forecasts the rising U.S. Dollar via a series of webinars in early April, encouraging students and potential investors to take heed of the changing market environment.
“The Euro has been strong, particularly against the USD in recent years,” Martinez said. “The Trump administration’s policy of talking down the dollar dominated the past year, but that appears to be changing. I’m a technical trader, and my metrics are signaling great U.S. Dollar strength and a weakening for the Euro against the USD in 2018.”
Martinez points to the recent appointment in March of Lawrence Kudlow as President Donald Trump’s top economic advisor, possibly signaling a move toward a policy of a strengthened U.S. Dollar. Kudlow, a former economic advisor to President Ronald Reagan and long-time financial commentator on CNBC, is a strong proponent of “King Dollar,” as he calls it, as essential to U.S. economic strength.
“Devaluations and weak currencies do not create U.S. jobs,” Kudlow wrote in a syndicated column in February 2018. “Instead, weakened currencies are accompanied by relative price changes, leading to inflation in the devaluing country.”
Kudlow’s presence seems to buoy Martinez’s technical analysis, which could form a firm foundation for U.S. Dollar growth in the coming months.
“Proper analysis of the foreign currency markets with a focus on USD strength could help many people ride a wave of prosperity into the next year,” Martinez said.
ABOUT JOSH MARTINEZ
Josh Martinez is director of client services and a senior market analyst at Orlando-based Market Traders Institute (MTI). He is well-known for his successful “London Daybreak Strategy,” which helped him turn an initial deposit of $500 in a trading account into nearly $40,000. Josh is an internationally recognized forex trading expert who has trained “tens of thousands of students” in forex trading strategies. Josh’s forex trading videos have received millions of views on YouTube, and he is a sought-after speaker at trading and investment industry events. Josh is available for interviews and speaking engagements.
ABOUT MARKET TRADERS INSTITUTE
For nearly 25 years, Market Traders Institute, leaders in trading technologies and investor education, has been assisting students from around the world with improving their trading and investing abilities. With the team’s combined experience of more than 200 years in trading and investment, MTI creates, teaches and promotes new trading technologies for students to strategize and trade effectively in the foreign currency (forex), equities, and emerging cryptocurrency markets.
Matthew R. Gomez, Market Traders Institute, https://www.markettraders.com/, +1 (407) 421-9365, [email protected]
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