Trading Conditions
Products
Tools
The main event on Monday was the launch of an open-source AI model by the Chinese startup DeepSeek. According to the developers, they achieved this at significantly lower costs compared to OpenAI, Microsoft, Google, and certainly Nvidia. As a result, by the end of the day, the tech-heavy Nasdaq dropped by 3.07%, the S&P 500 fell by 1.46%, and the Dollar Index rose by 0.08%.
The EUR/USD pair managed to stay within the 1.0458–1.0520 range on Monday, but today it began to decline, already falling below the lower boundary of this range. The Marlin oscillator is showing signs of a stronger downward reversal. A battle is likely at the 1.0350 level, as support is bolstered by the MACD line. If the price reaches this level, it will indicate the strength and determination of the bears. Ultimately, the pair is expected to target the support of 1.0135.
On the four-hour chart, the Marlin oscillator has consolidated below the zero line, and the price is attempting to settle below the 1.0458 level. If this consolidation is successful, there is a high likelihood that the price will break through the MACD line at 1.0412. With the FOMC meeting scheduled for tomorrow, where no rate cuts are expected, market participants may begin to show increased activity as early as today.
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.
We may place cookies for analysis of our visitor data, to improve our website and measure advertising performance. Overall this data is used to provide a better website experience. More information
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.