Forex Analysis & Reviews
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Gold changed little today and now is trading at 1,957 at the time of writing. After its massive drop, the rate tries to rebound and recover. Still, the downside pressure.
EUR/USD challenging confluence area
The EUR/USD pair rallied in the short term and now is trading at 1.0844 at the time of writing. After its amazing sell-off, a rebound was natural as the bias.
GBP/USD outlook for March 28, 2023
After the Bank of England's rate hike decision last Thursday, the pound strengthened quite sharply, with the GBP/USD pair hitting an intraday high of 1.2342, also corresponding to 7-week highs.
GBP/USD: brief summary and near-term outlook
The Bank of England raised its interest rate by 25 basis points to 4.25% at its meeting on Thursday, as markets expected, and allowed further tightening of monetary policy.
EUR/USD: trading plan for North American session on March 28, 2023. Overview of morning trading
In the previous review, we considered entering the market near the 1.0830 mark. Let's analyze the M5 chart. A signal to sell the instrument came after growth and a false.
Oil goes on the counterattack
Did the stabilization of the banking system, China National Petroleum Corporation's positive forecasts of a 6.2% increase in Chinese crude imports in 2023 to 540 million tonnes, and the halt.
ECB will continue raising interest rates
Euro continues to rise as more and more people believe that the European Central Bank will not stop raising interest rates aggressively. Just yesterday, ECB executive board member Isabelle Schnabel.
EUR/USD and GBP/USD trading plan for beginners on March 28, 2023
EUR/USD began to rise at the start of the new trading week, which allowed the exchange rate to rise above 1.0800. After falling last March 23–24, the value.
Bitcoin continues to decline amid mass profit taking: where are the potential correction targets?
Bitcoin continues its consolidation movement within the usual range of $26.7k–$28.9k. After a strong bullish week, trading volumes collapsed from $40 billion to $14 billion on Monday. As of March.
Indicator analysis: Daily review of GBP/USD on March 28, 2023
The pound-dollar pair may move upward from the level of 1.2282 (closing of yesterday's daily candle) to test 1.2352, the 85.4% pullback level (blue dotted line). When testing this level.
Indicator analysis: Daily review of EUR/USD on March 28, 2023
The euro-dollar pair may move upward from the level of 1.0796 (closing of yesterday's daily candle) to 1.0835, the 61.8% pullback level (red dotted line). Upon reaching this level, continued.
Hot forecast for GBP/USD on 28/03/2023
Completely empty macroeconomic calendar and silence from the Bank of England, but the pound fully recouped its losses and returned to the previous week's highs. And it's all about.
Analysis and trading tips for GBP/USD on March 28
Analysis of transactions and tips for trading GBP/USD The pair tested 1.2229 at a time when the MACD line was already far from zero, limiting the downside potential.
Trading tips for EUR/USD
The trading plan presented on March 24 aimed to raise the rate of EUR/USD. That is exactly what happened this week, when the pair moved up and headed towards.
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.