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.
Analytics today
Today, the market focuses on important statistical data from the USA and, of course, the ECB's final decision on monetary policy. What awaits the euro? Let's find.
EUR/USD. July 18th. ECB's passivity may once again support the bulls
On Wednesday, the EUR/USD pair consolidated above the corrective level of 100.0% at 1.0917, which allows traders to expect further growth towards the next corrective level of 127.2% at 1.0984.
Indicator analysis: Daily review of EUR/USD on July 18, 2024
On Wednesday, the pair rose, hit the resistance at 1.0948 (blue dashed line), and fell, closing the daily candle at 1.0938. Today, it may start a bearish retracement, with significant.
Global economy under pressure: prices fall on trade tensions
US small-cap stocks have seen a strong rally amid expectations of lower interest rates and an improving outlook for Donald Trump, the Republican presidential nominee known for his support.
Key events on July 18: fundamental analysis for beginners
There are few macroeconomic events scheduled for Thursday, but some of the reports may provoke a market reaction. First of all, we should pay attention to the unemployment rate, claimant.
Forecast for EUR/USD on July 18, 2024
EUR/USD Yesterday we saw the same pattern, but this time the S&P 500 dropped 1.39%, while oil soared by 2.50%. The euro took the side of commodities, which neither Australian.
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.