You are about to leave

www.instaforex.eu >

a website operated by

INSTANT TRADING EU LTD

Stay

Proceed

Open Account

InstaForex Loprais Team - Official participant of the Dakar rally

Trading Conditions

Products

Tools

Charts

OYS Portfolios

Synthetic shares

Synthetic ETFs

Shares Basket

Guide to Forex

Getting Started?

Training

Open Demo Account

Forex Analytics

Calendars

Take a Break

Affiliate programs

Forex Informer

Company News

Awards

InstaSport

Regulation

Premium liquidity

Why Choose Us

InstaForex - Official partner of Dragon Racing

Analytics

Forex Analytical Reviews

Forex Analysis & Reviews

Open trading account

Deposit money

Money withdrawal

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: Technical analysis of the situation

09:36 2023-06-08 UTC--4 Relevance up to 09:00 2023-06-10 UTC--4

Author: Zhizhko Nadezhda

Popular analytics

EUR/USD and GBP/USD: Trading plan for beginners on June 8, 2023

04:55 2023-06-08 UTC--4

Analysis and trading tips for EUR/USD on June 8

02:57 2023-06-08 UTC--4

GBPUSD , H4 | Bullish continuation expected?

00:46 2023-06-08 UTC--4

Overview of the GBP/USD pair. June 8th. The "head-shoulders" pattern is broken, and the pair do not know which way to move

22:22 2023-06-07 UTC--4

Technical Analysis of GBP/USD for June 8, 2023

02:20 2023-06-08 UTC--4

Hot topic: Coronavirus (COVID-19)

Fundamental analysis

EUR/USD. Despite the price increase, long positions remain risky

The euro/dollar pair shows a corrective rise today after yesterday's decline toward the 1.0660 level. The bears on EUR/USD failed to establish themselves in the 1.06 range. Buyers have regained.

Technical analysis

BITCOIN: Technical analysis of the situation

Not long ago, Bitcoin entered the bearish zone relative to the daily cloud, forming a target for a breakout. As a result, the current bearish targets are the weekly support.

Fundamental analysis

Gold retreats before central banks

Gold confidently holds its ground during recessions and monetary policy easing. It rose when the Federal Reserve (Fed) and the European Central Bank (ECB) lowered interest rates in the early.

Crypto-currencies

Crypto market awaits gloomy future?

Bitcoin has swiftly found some stability after a $1,500 dip this week. This unfortunate event followed after the US Securities and Exchange Commission (SEC) filed lawsuits against significant cryptocurrency exchanges.

Stock Markets

US dollar must retain global reserve currency status

In a meeting with House Democrats on Capitol Hill yesterday, the CEO of JPMorgan Chase Jamie Dimon expressed his views on the US economy and the US dollar. Dimon stated.

Stock Markets

US premarket on June 8, 2023: tech stocks continue to fall

The European stock market dropped on Thursday, while US stock futures slightly rebounded after yesterday's significant sell-off, which particularly affected tech stocks. It can be attributed to growing fears that.

Fundamental analysis

USD/CAD. Results of the June meeting of the Bank of Canada: hawkish decisions, dovish signals

The Canadian dollar against the American currency is actively losing its position, reflecting the results of the June meeting of the Bank of Canada. The Australian is under pressure, despite.

Trading plan

GBP/USD: trading plan for the American session on June 8 (analysis of morning deals). The pound was not allowed above 1.2471

In my morning forecast, I highlighted the level of 1.2441 and recommended making entry decisions based on it. Let's look at the 5-minute chart and analyze what happened there.

Forecast For beginners

Analysis and trading tips for GBP/USD on June 8 (US session)

The test of 1.2459, coinciding with the significant rise of the MACD line from zero, limited the upward potential of the pair. The empty economic calendar also halted the development.

Trading plan

EUR/USD: trading plan for the US session on June 8th (analysis of morning trades). Euro purchases continued from 1.0705

In my morning forecast, I emphasized the level of 1.0705 and recommended making trading decisions based on it. Let's look at the 5-minute chart and analyze what happened there.

Forecast For beginners

Analysis and trading tips for EUR/USD on June 8 (US session)

The test of 1.0704, coinciding with the significant decline of the MACD line from zero, limited the downward potential of the pair. Disappointing GDP data for the eurozone.

Technical analysis

EUR/USD. June 8th. All attention is on the EU GDP in the first quarter

On Wednesday, the EUR/USD pair experienced a new rise toward the corrective level of 38.2% (1.0726), followed by a rebound and a slight decline. On Thursday morning, the upward movement.

Forecast For beginners

GBP/USD: simple tips for beginning traders on June 8. Analysis of yesterday's trades

Market recommendations: The price tested 1.2474 in the second half of the day when the MACD was significantly above the zero mark. This, in my opinion, limited the upward potential.

Technical analysis

GBP/USD. June 8th. The British pound struggled to maintain an upward direction

On the hourly chart, the GBP/USD pair rose to the corrective level of 23.6% (1.2470) on Wednesday and rebounded. At the same time, an ascending trendline was added, indicating.

Crypto-currencies

SEC policy cheered up the crypto market: what should we expect from Bitcoin?

The beginning of the new week marked a new stage of confrontation between cryptocurrencies and the Securities and Exchange Commission (SEC). The SEC filed lawsuits against two major cryptocurrency exchanges.

Trading plan For beginners

EUR/USD and GBP/USD: Trading plan for beginners on June 8, 2023

The macroeconomic calendar was empty, which means the absence of important statistical data usually published in Europe, the United Kingdom, and the United States. In such situations, market participants.

Fundamental analysis

Investor demand for gold ETFs rising

Despite the fact that gold is trading below $2,000 per ounce, investor sentiment continues to improve, a recent report by the World Gold Council (WGC) noted. The WGC's report.

News

GBP/USD: weakening before appreciation?

The British pound has shown weakness by the end of this week. However, experts believe that the sterling may strengthen again soon. Yet, the intensity of this movement remains.

Crypto-currencies

BTC update for June 08,.2023 - First upside objective reached, potentia lfor the further rally

Technical analysis: BTC/USD has been trading sideways during the Asia session today and I see potential for the upside continuation. Due to the mid-long term upside trends and the rejection.

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.

Turn "Do Not Track" off