empty
 
 
Chystáte se opustit
www.instaforex.eu >
stránku provozovanou společností
INSTANT TRADING EU LTD
Otevřít účet

28.05.202120:49 Forex Analysis & Reviews: Analysis of GBP/USD on May 28. Sterling and euro collapsed synchronously

Tyto informace jsou v rámci marketingové komunikace poskytovány retailovým i profesionálním klientům. Neobsahují investiční rady a doporučení, nabídky k nebo žádosti o účast na jakékoli transakci nebo strategii spojené s finančními nástroji a neměly by tak být chápány. Předchozí výkon není zárukou ani predikcí budoucího výkonu. Instant Trading EU Ltd. neručí a nezodpovídá za přesnost nebo úplnost poskytnutých informací, ani za ztrátu vyplývající z jakékoliv investice na základě analýzy, předpovědi nebo jiných informací poskytnutých zaměstnancem společnosti nebo jiným způsobem. Úplné znění Odmítnutí odpovědnosti je k dispozici zde.

Exchange Rates 28.05.2021 analysis

The wave counting for the Pound/Dollar instrument does not change, although a rather unexpected decline began today, which amounted to at least 60 basis points. But it doesn't really matter, as the pound sterling has been in the 120 basis point sideways channel for more than a week. Thus, a 60-80 pips decline is still within the range. And all this range and movements within it together confuse the wave pattern after the supposed wave e completed its construction. Thus, at the lowest level, the instrument is now building corrective micro sets of waves and does not clarify the current wave counting in any way. In the current situation, it is necessary to wait for the clarification of the wave pattern, since, in fact, the instrument is now in place. The sections of the trend, which were built after February 24, also do not shine with the intelligibility of the wave counting. Thus, the sterling has been moving very difficult lately.

The Pound/Dollar instrument was also declining today, as well as the Euro/Dollar. No important economic information has been received from the UK this week. However, yesterday, a member of the Bank of England's monetary committee, Gertjan Vlieghe, said that next year the regulator may raise the key rate if the economy continues to recover. If it recovers at a high rate, then the rate may be raised even a little earlier. As you can see, this information did not provide any help for the wave counting. Yesterday, the instrument quotes rose within the same sideways range, without even trying to leave it. And today, the decline has already begun. Thus, the influence of Vlieghe's words was of a very short-term nature. And the markets are not particularly interested in the state of the British and American economies at present. The markets did not manage to get the instrument through the 1.4240 mark, although the last week was spent close to it. Well, today, on Friday, there was no news at all in the UK, and in the US, not the most important reports were released, which did not have any impact on the movement of the instrument. And until the moment when the quotes fall below about 1.4090, it is also not necessary to talk about a strong strengthening of the dollar. Perhaps next week there will be more news and events, then the markets will cope with the task of more active trading of the instrument. This also applies to the Euro/Dollar instrument.

At this time, the wave pattern continues to be twofold, so I recommend waiting for its clarification. Everyone sees that the sterling is moving horizontally, which makes it difficult to work with it. At this time, it is not even clear whether the proposed wave e has completed its construction. Its internal wave structure looks ambiguous. You can try to sell the instrument with a protective order above 1.4240, which corresponds to 0.0% Fibonacci. And if the level of 1.4240 is broken, buy.

Exchange Rates 28.05.2021 analysis

The upward part of the trend, which began its construction a couple of months ago, is taking on a rather ambiguous form. As I said above, several wave counting options are possible at once. Unfortunately, different options offer different further developments. Therefore, it may be necessary to wait for some time for the current wave counting to clear up a little.

Chin Zhao
analytik InstaForexu
© 2007–2024

Otevřít obchodní účet

Díky analytickým přehledům společnosti InstaForex získáte plné povědomi o tržních trendech! Jako zákazníkovi společnosti InstaForex je Vám k dispozici velký počet bezplatných služeb umožňujících efektivní obchodování.




Nyní opouštíte web www.instaforex.eu, web provozovaný společností INSTANT TRADING EU LTD
Nemůžete právě teď mluvit?
Položte vaši otázku v chatu.

Turn "Do Not Track" off