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On Thursday the market burst into high volatility due to a series of high-impact macroeconomic data. Next day, the market again came to a standstill. Traders took no notice.
Hot forecast for GBP/USD on March 12, 2024
Although it showed signs of cooling, in general, the labor market has remained unchanged. However, yesterday's trend may show serious progress today. Forecasts show that inflation in the United States.
Hot forecast for EUR/USD on March 6, 2024
Once again, the single currency tried to climb above the 1.0850 level, which serves as the upper boundary of the range from which it has been unable to break free.
Hot forecast for EUR/USD on March 1, 2024
Apparently, the single currency has only been subjected to technical factors in the last few days. Reaching the upper limit of a fairly narrow range, it instantly rushed towards.
Hot forecast for GBP/USD on February 27, 2024
The GBP/USD currency pair once again reduced the volume of long positions when the price approached the level of 1.2700. As a result, there was a pullback, while the bullish.
Hot forecast for EUR/USD on February 21, 2024
Apparently traders were tired of being forced to be idle on Monday, and so they reacted to economic reports that are usually ignored. On Tuesday, the euro showed positive trades.
Hot forecast for EUR/USD on February 16, 2024
Over the past couple of days, the euro area showed better-than-expected economic reports, while U.S. data showed surprising results. For instance, instead of accelerating from 5.6% to 5.8%, retail sales.
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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.