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The EUR/USD pair continued its upward momentum on Monday after rebounding from the 76.4% Fibonacci retracement level at 1.0676 and consolidated above the 61.8% Fibonacci level at 1.0722. Thus.
AUD/JPY. Review and analysis. Sellers or buyers, who is stronger?
For two days in a row, the AUD/JPY pair has been trying to attract both sellers and buyers. After the Reserve Bank of Australia announced its policy decision, spot prices.
Saudi Arabia terminates the Petrodollar agreement: what does it mean for the US dollar, Bitcoin, and gold?
Over the past 50 years, the established financial world order is now shifting to a new and unknown paradigm. Last Sunday, the petrodollar agreement between Saudi Arabia and the United.
GBP/USD: trading tips for beginners for European session on June 18
The price test of 1.2688 occurred at a time when the MACD indicator had moved significantly above the zero mark. Considering that this happened.
Trading plan for GBP/USD on June 18. Simple tips for beginners
Analyzing Monday's trades: GBP/USD on 1H chart GBP/USD also went through a correction on Monday, but unlike the EUR/USD pair, it didn't have any reason to do so. The euro.
Forecast for EUR/USD on June 18, 2024
EUR/USD Yesterday's rise in oil and stock indexes turned the expected consolidations of counter-dollar currencies into full-fledged corrections. The euro gained 29 pips, breaking the resistance at 1.0724. The Marlin.
Outlook for GBP/USD on June 18. The pound also started a corrective phase
GBP/USD also started a correction on Monday, although it had much less reason to do so compared to the EUR/USD pair. Take note that the euro is in a downtrend.
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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.