To open long positions on GBPUSD, you need: The morning formation for the sale of the British pound, which I spoke about in more detail in my forecast, successfully worked itself out. Unfortunately, if you look at the 5-minute chart, you will see that you could not wait for the formation of a signal to […]

To open long positions on EURUSD, you need: In my morning forecast, I paid attention to purchases of the European currency from the support level of 1.1508, which exactly happened. Let’s look at the entry points in more detail. Given the lack of important fundamental statistics, traders took the downward correction in the pair as […]

EUR/USD is trading within an uptrend on the Daily chart. I’ve said in a previous analysis that we may see a reversal after the price has escaped from the major downward channel and after it has validated the breakout above the downtrend line. So, EUR/USD could climb higher as long as it stays above the […]

AUD/USD has rallied again as the USDX has plunged in the short term. The pair is trading at 0.7138 and it could jump way higher as the bearish divergence was invalidated by the last development. The pair has managed to make another higher high signaling a further growth in the upcoming period. AUD/USD has reached […]

Gold price is trading at $1,852 after the failure to stay near $1,865 today’s high, but the outlook remains bullish despite the current decrease. The yellow metal looks a little overbought in the short term as the rate wasn’t strong enough to reach a major dynamic resistance. The USD’s drop has lifted the gold price […]

The second wave of the pandemic continues. Now, a strong increase in coronavirus infections have been observed in Mexico, Peru, Iran, Saudi Arabia and Israel, which is very concerning. Fortunately, the daily incidences in the three leading countries, the United States, Brazil and India have decreased for the third day, which brings hope for everyone. […]

The second wave of the pandemic continues. Now, a strong increase in coronavirus infections have been observed in Mexico, Peru, Iran, Saudi Arabia and Israel, which is very concerning. Fortunately, the daily incidences in the three leading countries, the United States, Brazil and India have decreased for the third day, which brings hope for everyone. […]

On Tuesday, the Senate Banking Committee approved Judy Shelton’s candidacy to the Federal Reserve Board, which ensured victory to President Donald Trump on his efforts to create a political confidant who will play a key role in shaping the economic policy. Shelton was supported by 12-13 votes. Some have raised concerns that a long-time critic […]

Today we take a look at CADJPY and see how we are going to play the bounce! We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Instaforex Daily Analysis – 22nd July 2020 July […]

Today we take a look at CADJPY and see how we are going to play the bounce! We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Instaforex Daily Analysis – 22nd July 2020 July […]

Today we take a look at CADJPY and see how we are going to play the bounce! We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Instaforex Daily Analysis – 22nd July 2020 July […]

Today we take a look at CADJPY and see how we are going to play the bounce! We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Instaforex Daily Analysis – 22nd July 2020 July […]

Today we take a look at CADJPY and see how we are going to play the bounce! We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Instaforex Daily Analysis – 22nd July 2020 July […]

Today we take a look at CADJPY and see how we are going to play the bounce! We use Fibonacci retracements, extensions, support/resistance, momentum and trend lines to identify trading opportunities in this exciting pair today. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Instaforex Daily Analysis – 22nd July 2020 July […]

Good day, dear traders! In yesterday’s trading, the pound/dollar currency pair continued its upward dynamics and ended Tuesday’s session at 1.2727. We will move on to the analysis of the technical picture for GBP/USD a little later, but for now we will talk about the topical topic of COVID-19, which, with all our desire, we […]

Good day, dear traders! In yesterday’s trading, the pound/dollar currency pair continued its upward dynamics and ended Tuesday’s session at 1.2727. We will move on to the analysis of the technical picture for GBP/USD a little later, but for now we will talk about the topical topic of COVID-19, which, with all our desire, we […]

Hello, dear colleagues! Yesterday, the currency market was dominated by risk sentiment, which put pressure on the US currency. The risk appetite was driven by the adoption of a large-scale economic recovery plan for the European Union, many of whose countries were significantly affected by COVID-19. Also, the risk sentiment of market participants was fueled […]

Hello, dear colleagues! Yesterday, the currency market was dominated by risk sentiment, which put pressure on the US currency. The risk appetite was driven by the adoption of a large-scale economic recovery plan for the European Union, many of whose countries were significantly affected by COVID-19. Also, the risk sentiment of market participants was fueled […]

Everything is completely logical at first glance – the heads of the European Union countries have finally come to an agreement that satisfies everyone, both on the budget and on the support fund for the economy affected by the coronavirus epidemic, and the euro has significantly strengthened. As much as 750 billion euros are allocated […]

Everything is completely logical at first glance – the heads of the European Union countries have finally come to an agreement that satisfies everyone, both on the budget and on the support fund for the economy affected by the coronavirus epidemic, and the euro has significantly strengthened. As much as 750 billion euros are allocated […]

Forecast for July 22: Analytical overview of currency pairs on the H1 scale: The key levels for the euro / dollar pair on the H1 scale are: 1.1619, 1.1564, 1.1539, 1.1498, 1.1466 and 1.1421. Here, we are following the upward structure of July 10. A short-term upward movement is expected in the range of 1.1539 […]

Forecast for July 22: Analytical overview of currency pairs on the H1 scale: The key levels for the euro / dollar pair on the H1 scale are: 1.1619, 1.1564, 1.1539, 1.1498, 1.1466 and 1.1421. Here, we are following the upward structure of July 10. A short-term upward movement is expected in the range of 1.1539 […]

Euro ascends after landmark EU deal, mostly to the detriment of the dollar Sinking dollar lifts all other boats – pound, commodity currencies, gold But some discouraging signals from the US Senate upset stocks Euro takes to the skies Global markets remain in a risk-on mood after the marathon-like negotiations between EU leaders finally bore […]

Tesla Inc. has been an unstoppable force in the electric vehicle (EV) market and lately it’s been taking over the stock market as well, as its share price has skyrocketed by around 275% this year. But as Tesla attracts huge interest from across the trading community about the potential of its electric car technology, can […]

In July 2020, XM renewed its annual support and collaboration with Go with the Flow, a charity group on a mission to address sanitary concerns and problems of less fortunate girls in Uganda in order to enable them to have the normal lives they deserve. Every month at the Monde Orphanage in rural Uganda, young […]