For Traders

Analytical Reviews

Crypto-currencies

08.06.202014:04 Forex Analysis & Reviews: BTC analysis for June 08,.2020 - Watch for the potential drop on BTC towards the $9.228

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.

Restrictions on international travel imposed by Russia are to be eased, the prime minister, Mikhail Mishustin, said on Monday, as he announced a rollback of coronavirus measures.

The city of Moscow will also roll back curbs imposed over the virus from Tuesday, including cancelling a digital pass system for residents and a self-isolation regime, the TASS news agency reported separately, according to Reuters.

Muscovites will be able to go out for walks whenever they want from Tuesday, TASS said, and restaurants and cafes in the Russian capital will be allowed to open their summer verandas from 16 June.

Technical analysis:

Trading recommendation:

Watch for potential selling opportunities if you see the breakout of the intraday support at $9,550.

The downward targets are set at $9,228 and $8,666

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex

Download MetaTrader 4 and open your first trade