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.
Popular analytics
The wave structure of the GBP/USD pair remains complex and continues to grow increasingly intricate. For a time, the wave pattern appeared convincing, suggesting the formation of a downward series.
EUR/USD: Simple Trading Tips for Beginner Traders on September 23 (U.S. Session)
There were no tests of the levels I outlined in the first half of the day. This was due to the sharp drop in market volatility following the euro's decline.
GBP/USD: Trading Plan for the U.S. Session on September 23 (Review of Morning Trades). Pound Recovers Nearly All Losses
In my morning forecast, I emphasized the 1.3293 level and planned to make trading decisions based on it. Let's examine the 5-minute chart to see what happened. A breakout above.
EUR/USD: Trading Plan for the U.S. Session on September 23 (Review of Morning Trades). Strong U.S. Data Will Support the Dollar
In my morning forecast, I highlighted the 1.1129 level and planned to make market entry decisions based on it. Let's look at the 5-minute chart and analyze what happened.
AUD/USD. Analysis and Forecast
Today, despite the release of weaker PMI data from Australia—the Purchasing Managers' Index—the Australian dollar continues to maintain its position against the U.S. dollar. The AUD/USD pair is likely rising.
GBP/USD. September 23. The Pound May Retreat, but It's Too Early to Talk About a Reversal
On the hourly chart, the GBP/USD pair continued a moderate upward movement on Friday toward the 1.3357 level. This time, the bulls couldn't easily reach their target, but their dominance.
Weekly Forecast Based on Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, EUR/GBP, and Gold on September 23
Brief Analysis: The downward wave algorithm from April 16 continues to push the EUR/USD pair toward the upper part of the chart. A month ago, the price reached the lower.
Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/CHF, and the US Dollar Index on September 23
Brief Analysis: Since October of last year, the price trend direction of the main British pound pair has been driven by an upward wave algorithm. The quotes have reached.
The Pound Got Its Wings Burned
The Bank of England (BoE) exercised caution and did not follow the Federal Reserve down the path of monetary policy easing. With an 8-to-1 vote, it kept the interest rate.
Indicator analysis of GBP/USD for week from September 23 to 28
Last week, the GBP/USD pair moved upward and tested 1.3339, the target level of 176.4%, (yellow dashed line), before slightly pulling back. The instrument closed the weekly candle at 1.3318.
Indicator analysis of EUR/USD on September 23, 2024
The EUR/USD pair moved sideways on Friday, closing the daily candle at 1.1162. Today, the instrument is likely to attempt a downward movement. Strong economic news for the dollar.
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.