“Predict and Win” Big Rewards! Join the Contest Now

Dear community friends, as the new year approaches, we have prepared an exciting prediction activity for everyone — Forex Price Trend Prediction! From January 16-23, 2025, showcase your market insights and predict the trends of Forex for the upcoming period!

Why to join?

This activity not only enhances your market analysis skills but also offers the chance to win generous rewards!

Event Duration:

January 16, 2025 – January 23, 2025

Result Announcement: January 24, 2025

How to Participate

1. Post in the [Posts] section with the tag #CurrencyPairs:

Choose a currency pair, USD/JPY, from the official list and include it in your post with the hashtag #CurrencyPairs.

2. Predict the price trend and include your prediction of “up” or “down,” with a minimum of 20 characters.

(If multiple prediction posts are made on the same day, the latest successful prediction post will be considered valid.)

Example-

#CurrencyPairs:

1. USD/JPY

:#CurrencyPairs (the content must include “Currency Pair Prediciton”)

Hello everyone! I am a newcomer to Forex trading this year and appreciate your guidance. In this activity, I hope to win but also look forward to seeing more traders share their insights. Today I will predict the trend of USD/JPY of January 18.

Prediction: USD/JPY rise, based on two primary factors:

Factor 1: Continued Strength of the US Economy and the US Dollar

The US economy continues to recover in Q4, particularly evidenced by improvements in the job market and a steadily declining unemployment rate, demonstrating economic resilience. While the US faces certain challenges, the overall economic outlook remains positive. Coupled with the Federal Reserve's interest rate hikes, the US dollar is expected to maintain its strength. Under these circumstances, an upward trend for USD/JPY is likely to continue.

Factor 2: Weak Japanese Economy and Downward Pressure on the Yen

Japan's economic growth remains sluggish, particularly in consumption and production. Although the yen has historically served as a safe-haven currency, persistent economic stagnation in Japan, and the potential risk of deflation, puts downward pressure on the yen. Especially with increasing global economic uncertainty, investors are more inclined to hold stronger currencies like the US dollar, reducing demand for the yen. Overall, USD/JPY is likely to remain in an upward channel. While short-term fluctuations may occur, the overall trend points towards a strong US dollar and a weak Japanese yen.

Please join me to share your discussion and insights!

Reward Redemption:

1. Users who predict correctly will receive weekly rewards directly credited to their ForexPay wallet.

2. Users should actively upload their posting records and ForexPay wallet addresses in the online form published by the official account.

3. The earned amounts and weekly prediction results can be referenced in the records published by the official activity account [WikiFX Activity].

Result Announcement Rules:

Prediction Correctness: Rewards will be distributed based on the number of correct predictions, ranked from highest to lowest.

Rewards:

To thank all users who participate in each phase of the event, winning users will share a total cash pool of 1,000u. The specific rewards are as follows:

1. First Prize: Predict correctly 3 times to receive 8u

2. Second Prize: Predict correctly 2 times to receive 5u

3. Third Prize: Predict correctly 1 time to receive 3u

4. Participation Prize: Users who participate in 4 or more predictions during the event will receive 3u. Each user can only receive this participation prize once throughout the total event duration.

Important Notes:

1. Prediction Submission Time: Users must ensure their prediction content is posted before 24:00 Beijing Time. Late submissions will be considered invalid and not counted.

2. Winner List: The winner list will be announced after the event concludes on the official activity account @WikiFX Activity. Please ensure you follow the official account to check the winning information promptly and avoid missing prize notifications.

3. Claiming Process: Users who win each week must contact the official account and submit relevant information through designated channels within T+1 week to claim their prizes. Failure to submit in time will be considered an automatic forfeiture of the prize.

4. Rewards Distribution Time: Rewards will be announced starting February 7th (after Chinese New Year) via the official activity account @WikiFX Activity.

5. Platform Regulations and Conduct Requirements: Users participating in the activity must adhere to all platform regulations and rules. Any malicious cheating, false information submissions, or violations (such as fake predictions or account manipulation) will result in disqualification from the event, and relevant accounts may face platform penalties.

6. Activity Interpretation Rights: The final interpretation rights of this event belong to WikiFX. The platform reserves the right to adjust event rules, reward settings, participation requirements, etc., according to actual conditions and to ultimately determine the event results.

Contact Information:

1. Online prize information form under the official account in the app

2. WikiFX's official accounts on various social media

3. WikiFX group admins/owners in various channels