Forex Analysis & Reviews
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.