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
Bitcoin is trading around 69,635, showing strong bullish momentum. Eventually, BTC is likely to reach the landmark level of $70,000 in the next few hours and could even reach 7/8.
Trading Signals for GBP/USD for July 29-31, 2024: buy above 1.2806 (200 EMA - 5/8 Murray)
The eagle indicator is in the oversold zone. Therefore, we believe a technical rebound could occur in the next few hours and we will look for opportunities to buy above.
Weekly Forecast Based on Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and GOLD on July 29
Analysis: The EUR/USD pair continues a sideways flat movement. The unfinished section of this trend is upward, starting from mid-April. The price is between clusters of potential reversal levels.
Trading Signals for GOLD (XAU/USD) for July 29-31, 2024: sell below 2,402 (200 EMA - 6/8 Murray)
Early in the American session, gold is trading around 2,392, showing signs of exhaustion and retreating after having reached the psychological level of 2,400. According to the H4 chart, gold.
Trading Signals for EUR/USD for July 29-31, 2024: buy above 1.0827 (200 EMA - 6/8 Murray)
Early in the American session, the euro is trading around 1.0836 above the 200 EMA and within the bearish trend channel forming on the H4 chart since July 17. According.
GBP/USD: trading tips for beginners for the European session on July 29
Overview of trading and tips on GBP/USD The price test of 1.2856 coincided with the MACD indicator just starting to move down from the zero mark, confirming the correct entry.
Hot forecast for EUR/USD on July 29, 2024
Considering the empty economic calendar, it's no surprise that market conditions remain unchanged. The dollar is treading water. This situation will likely persist until the Federal Open Market Committee (FOMC).
Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs , Monday July 29, 2024.
If we look at the daily chart of the exotic currency pair USD/IDR, there are several interesting things, first the appearance of the Rising Wedge pattern, second there.
EUR/USD. July Fed meeting, Eurozone inflation, ISM Manufacturing Index, Non-Farm Payrolls
The upcoming week is packed with significant fundamental events. By the end of the week, the EUR/USD pair will make a decisive move: it will either fall to the 1.07.
Forecast for USD/JPY on July 29, 2024
USD/JPY On Thursday and Friday, the yen experienced high volatility, but both days closed less than 20 pips above the support level of 153.60. This was a form of consolidation.
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.