empty

You are about to leave

www.instaforex.eu >

a website operated by

INSTANT TRADING EU LTD

Proceed

Contact Us

InstaForex - Official partner of Dragon Racing

Trading Conditions

Products

Tools

Charts

OYS Portfolios

Synthetic shares

Synthetic ETFs

Shares Basket

Guide to Forex

Getting Started?

Training

Open Demo Account

Forex Analytics

Calendars

Take a Break

Affiliate programs

Contact Us

Forex Informer

Company News

Awards

InstaSport

Regulation

Premium liquidity

Why Choose Us

InstaForex - Official partner of Dragon Racing

For Traders

Analytical Reviews

Stock Markets

08.08.202319:14 Forex Analysis & Reviews: Technical analysis on MSFT stock price for August 8th, 2023.

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.

Exchange Rates 08.08.2023 analysis

Red lines- bullish channel (broken)

Green lines- bullish channel

Blue lines- Fibonacci retracement levels

MSFT stock price is in a short-term bearish trend. After the major high around $366, MSFT stock price started a short-term bearish trend that pushed price out and below the red channel. The move from the $247 low is most probably over and price is now making a correction for this upward wave. MSFT stock price is approaching important Fibonacci support. The 38% Fibonacci retracement is found at $320 where we also find the lower channel boundary of the bigger green channel. This is important support that bulls do not want to see broken. MSFT is approaching important support area and possible reversal area.

Alexandros Yfantis
Analytical expert of InstaForex
© 2007-2025

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

US stock market gains new bullish momentum. Investors grasp signal that downward correction over S&P500 Market update on March 25 Snapshot of the US stock market on Monday: Dow +1.4%, NASDAQ +2.3%, S&P 500 +1.8%, S&P 500 trading at 5,767 in a range

12:08 2025-03-25 +02:00

1735

Analytical News

Gold Rally, Crypto Boost: March Becomes Market Breakout Month S&P Composite PMI at 53.5 in March vs. 51.6 in February Lockheed Martin Falls After Brokerage Downgrade Crypto Stocks Rise on Bitcoin Gains European Stocks Rise Ahead of Key German

11:57 2025-03-25 +02:00

1630

Fundamental analysis

EUR/USD: The Southward Trend Stalls, but Long Positions Remain Risky A mixed situation has developed around the EUR/USD pair. On the one hand, the bearish sentiment prevails: last week, the price reached a 5-month high at 1.0955, while on Tuesday

00:59 2025-03-26 +02:00

1030

Analysis for GBP/USD on March 25, 2025 The wave pattern for GBP/USD remains somewhat ambiguous but still manageable. Currently, there is a high probability of a long-term downward trend forming. Wave 5 has taken a convincing shape

19:36 2025-03-25 +02:00

1600

USD/JPY: Simple Trading Tips for Beginner Traders on March 25th (U.S. Session) Trade Breakdown and Tips for Trading the Japanese Yen The test of the 150.68 level occurred when the MACD indicator had just started moving upward from the zero line, which

19:29 2025-03-25 +02:00

1300

GBP/USD: Simple Trading Tips for Beginner Traders on March 25th (U.S. Session) Trade Breakdown and Tips for Trading the British Pound The test of the 1.2911 level occurred when the MACD indicator had already moved significantly below the zero mark, which limited

19:26 2025-03-25 +02:00

1210

EUR/USD: Simple Trading Tips for Beginner Traders on March 25th (U.S. Session) Trade Analysis and Tips for the Euro The test of the 1.0795 level occurred when the MACD indicator had already moved significantly below the zero mark, which limited the downward

19:20 2025-03-25 +02:00

1150

GBP/USD: Trading Plan for the U.S. Session on March 25th (Review of Morning Trades) In my morning forecast, I drew attention to the 1.2948 level and planned to make trading decisions from it. Let's look at the 5-minute chart and see what happened

Miroslaw Bawulski

19:15 2025-03-25 +02:00

1195

EUR/USD: Trading Plan for the U.S. Session on March 25th (Review of Morning Trades) In my morning forecast, I highlighted the 1.0779 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and examine what happened there

Miroslaw Bawulski

19:13 2025-03-25 +02:00

1165

Fundamental analysis

USD/JPY. Analysis and Forecast The USD/JPY pair is retreating from the psychological level of 151.00, reached earlier on Tuesday, though this pullback is not accompanied by significant selling pressure. The Japanese yen is attracting

19:09 2025-03-25 +02:00

1435

XAG/USD. Analysis and Forecast Today, silver is attracting new buyers following an indecisive flat close in the previous session, demonstrating steady intraday gains. The white metal is currently up 0.80% on the day, gradually

19:07 2025-03-25 +02:00

1165

Technical analysis

EUR/USD. March 25th. A Dull Week Ahead On Monday, the EUR/USD pair rebounded from the 200.0% Fibonacci retracement level at 1.0857, reversed in favor of the U.S. dollar, and declined toward the support zone of 1.0781–1.0797

19:04 2025-03-25 +02:00

1135

Technical analysis

GBP/USD. March 25th. The Pound Moves Into a Sideways Range On the hourly chart, the GBP/USD pair consolidated above the 1.2931 level on Monday, but the bulls failed to sustain the upward move and retreated. The pair subsequently moved back

18:58 2025-03-25 +02:00

1120

Technical analysis

Trading Signals for GOLD (XAU/USD) for March 25-27, 2025: buy above $3,024 (21 SMA - 7/8 Murray) Early in the American session, gold is trading around 3,021, below the 21-SMA, within the bearish trend channel forming since March 19. On the H4 chart, we can see that

Dimitrios Zappas

15:00 2025-03-25 +02:00

1825

Analytical News

US Market News Digest for March 25 Yesterday, the S&P 500 unexpectedly put on a show, jumping 1.76% to reach 5,769, a level last seen on January 13th. As if following a well-rehearsed script, the Marlin oscillator

Natalia Andreeva

12:50 2025-03-25 +02:00

1765

US stock market gains new bullish momentum. Investors grasp signal that downward correction over S&P500 Market update on March 25 Snapshot of the US stock market on Monday: Dow +1.4%, NASDAQ +2.3%, S&P 500 +1.8%, S&P 500 trading at 5,767 in a range

12:08 2025-03-25 +02:00

1735

Analytical News

Gold Rally, Crypto Boost: March Becomes Market Breakout Month S&P Composite PMI at 53.5 in March vs. 51.6 in February Lockheed Martin Falls After Brokerage Downgrade Crypto Stocks Rise on Bitcoin Gains European Stocks Rise Ahead of Key German

11:57 2025-03-25 +02:00

1630

Fundamental analysis

EUR/USD: The Southward Trend Stalls, but Long Positions Remain Risky A mixed situation has developed around the EUR/USD pair. On the one hand, the bearish sentiment prevails: last week, the price reached a 5-month high at 1.0955, while on Tuesday

00:59 2025-03-26 +02:00

1030

Analysis for GBP/USD on March 25, 2025 The wave pattern for GBP/USD remains somewhat ambiguous but still manageable. Currently, there is a high probability of a long-term downward trend forming. Wave 5 has taken a convincing shape

19:36 2025-03-25 +02:00

1600

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Turn "Do Not Track" off