About Eduard Melkostupov

Works in Market analysis. With FBS since 2021.

Education & Work

Diploma in economic security.
Professional retraining course as a translator in the field of the professional sphere.

About Eduard Melkostupov

Mr. Melkostupov started his career as a cryptocurrency investor back in 2017 and witnessed the biggest ever cryptocurrency market pumps and dumps. In the following years, he was focused on obtaining more knowledge about the nature of the markets around the world. In 2020 he started to trade stocks and cryptocurrencies. A year later he wrote a paper about cryptocurrency and its impact on the financial markets of different counties. It makes no difference for him what to trade, the only thing that matters is the deep understanding of characteristic features of the asset. Mr. Melkostupov’s trading ideas are based on macroeconomic events, smart money flows, and technical analysis. His favorite tools are RSI, support and resistance lines, and Fibonacci retracements and expansions.

Latest content

03.10.2022 16:18

It’s Time to Look at New Zealand

Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.

09.09.2022 17:10

The BOJ doesn’t Want to Help the Yen

Over the past year, the yen has been moving lower against the dollar mainly because of the overall USD strength. But there’s more behind the weakness of the JPY. How low could the currency go, and what drives USDJPY?

05.09.2022 17:48

New UK Prime Minister is to Freeze Gas Bills

After the resignation of Boris Johnson in July 2021, the conservative party was preparing for an election. With 57.4% of the vote, Liz Truss will be the new UK Prime Minister (PM) for the next two years. She is about to change a lot, and we are about to tell you everything you need to know.

29.08.2022 18:56

Jackson Hole has Serious Consequences

Fed Chair Powell’s comments on the Jackson Hole Symposium resulted in the worst weekly candle in the US500 index since June. Most risky assets experienced severe drawdowns, and EURUSD returned to the above-parity area. We explain everything you need to know about the Symposium in this article.

24.08.2022 15:05

This is what happens with GBP soon

The highest inflation in the UK doesn’t leave a chance for their currency to feel good.

02.08.2022 15:29

How Alibaba Deals with Troubled Times?

The e-commerce giant has recently faced a lot of pressure, starting from global uncertainty in China amid lockdowns and geopolitics. The company has been added to the US SEC (Securities and Exchange Commission) delisting queue. Finally, there’s an earnings report coming on August 4. Let’s discuss everything and prepare for the next move.

14.07.2022 15:55

Strong Buy for Citibank is Close

Citigroup (CITIGROUP) will release its earnings report on July 15, before the market opens. Analysts expect an EPS of $1.67 per share and total revenue of $18.04 billion. Should you buy the stock?

08.07.2022 10:01

Post-Boris Era in the UK Means a Lot for GBP

“I want you to know how sad I am to be giving up the best job in the world,” – Boris Johnson said in front of the paparazzi and his colleagues before leaving the UK Prime Minister chair.

06.07.2022 18:26

Earnings Season Forecast is Surprising

The second earnings season of 2022 has almost begun. From banks and tech stocks to cars and the retail sector: in this outlook, we covered the most promising releases of this summer and made several projections on the companies’ prospects.