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Yesterday's decline in stock indices helped the euro and other counter-dollar currencies cool down. This cooling looks like a local price reversal from the target range of 1.1040/50.
Review of EUR/USD on August 23; A Trivial Correction With Little Prospect
The EUR/USD pair finally began a slight downward retracement on Thursday. This retracement was so weak that it's difficult to classify it as a "retracement." It's important to note that.
Analysis of GBP/USD on August 22. The Pound Sees No Reason to Stop
The wave pattern for the GBP/USD pair remains rather complex and ambiguous. For a while, the wave pattern appeared fairly clear, suggesting the formation of a downward set of waves.
EUR/USD: Simple Trading Tips for Beginner Traders on August 22 (U.S. Session)
Analysis of Trades and Tips for Trading the Euro The test of the 1.1140 price level coincided with the moment when the MACD indicator had just started moving down from.
XAU/USD. Analysis and Forecast
Gold remains on the defensive above the psychological level of $2,500. However, the price decline is tempered by rising expectations of more aggressive monetary easing by the Federal Reserve. Data.
Holding their breath: Wall Street awaits Fed decision, other big global events
Global, US stocks rise Weak dollar lifts euro above $1.11 for first time this year US jobs revision down, all eyes on Fed's Powell on Friday Oil falls, gold near.
GBP/USD: Simple Trading Tips for Beginners for the European Session on August 22
Analysis of trades and tips on GBP/USD The price test of 1.3050 occurred when the MACD indicator had risen significantly from the zero mark, limiting the pair's upward potential.
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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.