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
Trade analysis and tips for trading the Japanese yen The price test at 154.17 occurred when the MACD started moving up from the zero mark, confirming the scenario for buying.
GBP/USD: trading plan for the US session on May 16th (analysis of morning deals)
In my morning forecast, I paid attention to the level of 1.2672 and planned to make decisions based on it for market entry. Let's look at the 5-minute chart.
Forecast of EUR/USD pair on May 16th
The EUR/USD pair continued its upward movement on Wednesday, reaching the corrective level of 76.4%–1.0892. A rebound of the pair's rate from this level will favor the American currency.
GBP/USD: trading tips for beginners for European session on May 16
The price test of 1.2627 occurred at a time when the MACD indicator was just starting to move up from the zero mark, which confirmed the entry point.
Trading plan for EUR/USD on May 16. Simple tips for beginners
Analyzing Wednesday's trades: EUR/USD on 1H chart The EUR/USD continued its upward movement on Wednesday, and it traded even higher. Yesterday proved the obvious fact: the market has started.
Forecast for EUR/USD on May 16, 2024
EUR/USD Yesterday's market rally was spectacular: S&P 500 up 1.17%, gold up 1.55%, euro up 0.69% (64 pips). However, what's spectacular about it is not so much the price dynamics.
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.