This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.
EUR/USD Yesterday, the S&P 500 rose by 0.78% setting a new record, gold rose by 1.94%, the euro stopped retreating and closed the day up 5 pips. Nevertheless, oil continued.
Key events on July 17: fundamental analysis for beginners
There are few macroeconomic events scheduled for Wednesday. The market may respond to the day's reports with a very modest reaction. For instance, take the European Union inflation report.
Trading Signals for GOLD for July 16-18, sell below $2,468 (7/8 Murray - overbought)
Given that gold has a strong upward trend, we should expect it to reach 2,459. Once the price settles above this area, it will head for 2,468, allowing traders.
EUR/USD: Simple trading tips for beginner traders on July 16th (US session)
Analysis of Trades and Trading Tips for the European Currency The levels I mentioned in the first half of the day were not tested. Despite weak European indicators, the pair's.
EUR/USD. What did Powell say?
The northern trend is on pause. Despite the impulsive price growth observed last week, EUR/USD buyers could not consolidate within the 1.0900 range. Yesterday, the pair attempted another rise, reaching.
EUR/USD and GBP/USD: Technical analysis on July 16
The bulls took a break, having tested the June high (1.0916). They prefer to be patient to avoid the prospects of a full-fledged correction. In this case, consolidation above 1.0916.
The euro and the pound did not react to the statements of the Fed chairman
Federal Reserve Chairman Jerome Powell stated yesterday that economic data for the second quarter has given policymakers more confidence that inflation will soon reach the central bank's 2% target, which.
Show more
This section is updated daily and contains market analysis prepared by professional analysts on behalf of InstaForex. Each of the specialists presents analytical reviews in accordance with his/her vision of the current situation on the foreign exchange and other markets. However, the outlooks below are neither recommendations nor instructions to any actions. They contain analysis of the current situation on financial markets. In some cases, analysts' opinions about current market conditions may differ.