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
For the upcoming week, there's a high probability that the price of the British pound will continue its overall downward trend. In the next few days, a brief upward price.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 29th
At the beginning of the upcoming week, a continuation of the flat movement along the levels of calculated resistance is expected for the European currency. Increased volatility can be expected.
USD/JPY: trading tips for beginners for European session on April 29
The price test of 157.58 at the beginning of the US session occurred at a time when the MACD indicator was just starting to move up from the zero mark.
Forecast for EUR/USD on April 29, 2024
EUR/USD On Friday, the euro fell by 36 pips on significant trading volumes. The reason behind this was the US inflation data, as US PCE inflation rose by 2.7%.
Key events on April 29: fundamental analysis for beginners
For Monday, the lineup of macroeconomic events is practically quiet. We will only highlight the German inflation report because inflation data are currently significant for the market. Inflation.
What to expect for the dollar next week?
America will take the lead in delivering news to the currency market. The market is entirely focused on news surrounding the US, so this will have the greatest impact.
Analysis of GBP/USD on April 26th. The pound trades on Friday without changes
The wave analysis for the GBP/USD pair remains quite complex, but it may become clearer in the coming weeks. A successful attempt to break the Fibonacci level of 50.0% indicates.
EUR/USD: Simple trading tips for novice traders on April 26th (US session)
Trade Analysis and Tips for Trading the Euro Currency The first price test at 1.0742 in the first half of the day occurred when the MACD indicator had risen significantly.
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.