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.
Popular analytics
The British pound might plummet this week. I would like to mention this right off the bat. Take note that the pound is still in demand in the currency market.
What to expect for the euro this week?
The demand for the euro started to decline after several tense weeks, during which the wave pattern was on the verge of significant changes. However, the same pattern remained intact.
What to look out for on June 17th? Fundamental events analysis for beginners
There are no macroeconomic events scheduled for Monday. Thus, low volatility and weak movements are expected for both currency pairs during the day. The European currency may adjust slightly upwards.
How to trade the GBP/USD currency pair on June 17th? Simple tips and deal analysis for beginners
Analysis of Friday's deals: 1H chart of the GBP/USD pair. The GBP/USD pair also showed a fairly strong drop on Friday, for which there were no local reasons. Let's explain.
How to trade the EUR/USD currency pair on June 17th? Simple tips and deal analysis for beginners
Friday's Trade Analysis: 1H EUR/USD Chart: The EUR/USD currency pair continued its downward movement on Friday. This trend would have continued throughout the day without the University of Michigan Consumer.
Forecast of GBP/USD pair on June 17, 2024
GBP/USD: The double divergence on the daily chart for the British pound proved quite effective, with Friday's price drop amounting to 75 points. This morning, the price shows an intention.
EUR/USD. What are the prospects for the dollar after the Fed meeting?
The EUR/USD pair continues to fall for the second day in a row. Before this fall, a downward wave was formed, which broke the bullish trend. A fairly strong upward.
EUR/USD: trading plan for the US session on June 14th (analysis of morning deals). The euro continued to fall
In my morning forecast, I paid attention to the 1.0722 level and planned to make decisions on entering the market from it. Let's look at the 5-minute chart and figure.
EUR/USD. Inflation in the United States is slowing down and the dollar is rising
Despite the decline in key inflation indicators (CPI, PPI), the US dollar index is soaring, and the EUR/USD pair is testing the 1.06 level for the first time.
XAU/USD review and analysis. Gold attempts to strengthen amid hawkish Fed stance
Despite the fact that the price of gold is holding above $2,300 after the Federal Reserve's hawkish stance on interest rates, the growth potential seems limited. Politicians actually predicted only.
EUR/USD. June 14th. Bears on the verge of new trend development
On Thursday, the EUR/USD pair continued declining, consolidating below the support zone of 1.0785–1.0797 and subsequently below the corrective level of 38.2% (1.0748). Therefore, the decline may continue towards.
Show more
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.