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Analytics today
Analyzing Thursday's trades: GBP/USD on 1H chart The GBP/USD pair showed a flat phase on Thursday. Even on the hourly chart, it's clear that the price has been trading along.
Forecast for GBP/USD on March 29, 2024
GBP/USD Yesterday, the British pound showed wide volatility, testing the target support at 1.2596 with the lower shadow of the daily candle. The Marlin oscillator remains neutral, maintaining sideways movement.
Forecast for AUD/USD on March 29, 2024
AUD/USD Yesterday, the Australian dollar fell short of hitting the target level of 0.6480 by only 7 pips. However, in the current downtrend cycle (since December 28 and the sub-cycle.
S&P 500 breaks records: the most successful quarter in the last five years
Communications services, technology and energy lead quarterly sector growth US economic growth in fourth quarter revised upward; Weekly jobless claims fall Walgreens surges after quarterly earnings Indices: Dow rose 0.12%.
Outlook for EUR/USD: Short-term fluctuations impending
The foreign exchange market is quiet, concealing an undercurrent of anticipation among investors awaiting pivotal reports from the United States. This week will be truncated due to Good Friday preceding.
Trading Signals for BITCOIN (BTC/USD) on March 28-30, 2024: buy above $69,636 (3/8 Murray - 21 SMA)
Bitcoin is trading around 70,645, bouncing after having reached the bottom of the uptrend channel forming since March 21. BTC is respecting its bullish trend which makes us think that.
Trading Signals for GOLD (XAU/USD) on March 28-30, 2024: sell below $2,218 (7/8 Murray - 21 SMA)
Our trading plan for the next few hours is to sell below 2,212 or in case there is a pullback towards 2218, to sell with targets at 2,200 and 2,187.
Hot forecast for GBP/USD on March 28, 2024
Let's call a spade a spade - the market is stagnant. This is mostly due to the empty economic calendar, which is quite standard for the final week.
Technical Analysis of Intraday Price Movement Ripple Cryptocurrency, Thursday March 28 2024.
On the 4 hour chart of Ripple cryptocurrency, there is seems Rising Wedge pattern which happens to be a trendline above also shows the price deviation between those Cryptocurrency price.
Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday March 28 2024.
Although on the 4 hour chart of Nasdaq 100 index is moving sideways and ranging, but with the price movement breaking down WMA 20 Shift 2 followed by the appearance.
Forecast for GBP/USD on March 28, 2024
GBP/USD The British pound is slightly stuck on the balance indicator line on the daily chart. However, the price refuses to give up, as it still tries to break this.
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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.