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.
In the absence of economic reports or other news that could affect the market, investors finally paid attention to the dollar's overbought condition. So, there was nothing to prevent.
Trading plan for EUR/USD on April 18. Simple tips for beginners
Analyzing Wednesday's trades: EUR/USD on 1H chart EUR/USD failed to surpass the level of 1.0618 for the third time and eventually started a bullish correction after last week's decline. This.
Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday April 18 2024.
Even though currently on the 4-hour chart the Nasdaq 100 index has a Death Cross crossing between the 50 and 200 MAs, the appearance of the Descending Broadening Wedge pattern.
Forecast for AUD/USD on April 18, 2024
AUD/USD The Australian dollar has recovered its losses from Wednesday and it seems that it will continue to rise towards 0.6480. However, today's report showed Australian unemployment ticked.
GBP/USD. Correction or trend reversal?
The GBP/USD pair shows that it is willing to fight, as it attempts to start a bullish correction. The bulls are not only counting on the greenback's weakness.
Will the euro take a risk?
The IMF raises its GDP forecast for the US economy for 2024 by a significant 0.6 percentage points, to 2.7%. Goldman Sachs highlights the US as the only G10 nation.
Analysis for the EUR/USD pair on April 17th. Jerome Powell didn't help the dollar much
The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. Currently, we observe the construction of the presumed wave 3 in 3 or c from the downtrend.
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.