The US dollar is losing ground due to a rise in the number of coronavirus cases in the United States. The American currency has ceased to strengthen. The Japanese yen, instead, is resistant to shocks. In the United States, more than 60,000 new cases of COVID-19 are confirmed every day. This is the highest level […]

The US dollar is losing ground due to a rise in the number of coronavirus cases in the United States. The American currency has ceased to strengthen. The Japanese yen, instead, is resistant to shocks. In the United States, more than 60,000 new cases of COVID-19 are confirmed every day. This is the highest level […]

When something goes wrong, it is better to exit the position or close part of it and wait for confirmation signals. More than 20% of the AUD/USD rally from the levels of the March bottom hit a wall of misunderstanding: despite the Reserve Bank’s optimism and the impressive support of the Chinese stock market, the […]

When something goes wrong, it is better to exit the position or close part of it and wait for confirmation signals. More than 20% of the AUD/USD rally from the levels of the March bottom hit a wall of misunderstanding: despite the Reserve Bank’s optimism and the impressive support of the Chinese stock market, the […]

EUR / USD On July 10, the EUR/USD pair gained about 15 basis points and thus continues the process of building the expected wave 5 in C in B. The entire wave 5 in C in B can be very long and complex, since at this time the markets are trading very chaotically. However, the […]

To open long positions on GBPUSD, you need: In the first half of the day, I paid attention to the resistance level of 1.2666, from which I recommended opening short positions when forming a false breakout. If you look at the 5-minute chart, you will see how the bears began to actively act when approaching […]

To open long positions on EURUSD, you need: From a technical point of view, there were no changes. Buyers failed to reach the resistance of 1.1347 to form anything on it. Sellers did not reach the support level of 1.1295, where they could expect a false breakout. Low volatility in EUR/USD may continue in the […]

USDJPY produces an upward attempt above the 23.6% Fibonacci retracement level of the down leg from 109.85 to 106.07 at 106.95, turning the momentum indicators to the upside. Technically, the stochastic oscillator is heading north in the overbought zone, while the RSI is pointing higher in the negative territory. However, the moving averages are sloping […]

USDJPY produces an upward attempt above the 23.6% Fibonacci retracement level of the down leg from 109.85 to 106.07 at 106.95, turning the momentum indicators to the upside. Technically, the stochastic oscillator is heading north in the overbought zone, while the RSI is pointing higher in the negative territory. However, the moving averages are sloping […]

Technical analysis: EUR/USD has been trading upwards most recently but the resistance at the price of 1,1330 is on the test and I see potential for the downside rotation. Trading recommendation: Due to the breakout of the rising channell in the background from the last week and test of resistance, I see potential for the […]

Technical analysis: EUR/USD has been trading upwards most recently but the resistance at the price of 1,1330 is on the test and I see potential for the downside rotation. Trading recommendation: Due to the breakout of the rising channell in the background from the last week and test of resistance, I see potential for the […]

Technical analysis: Trading recommendation: Watch for potential selling opportunities on the Gold with the downside targets at the price of $1,796 and $1,790. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Technical Analysis – USDJPY attempts to meet… July 13, 2020 USDJPY produces an upward attempt above the 23.6% Fibonacci retracement…EUR/USD analysis […]

Technical analysis: Trading recommendation: Watch for potential selling opportunities on the Gold with the downside targets at the price of $1,796 and $1,790. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Technical Analysis – USDJPY attempts to meet… July 13, 2020 USDJPY produces an upward attempt above the 23.6% Fibonacci retracement…EUR/USD analysis […]

Last trading week passed in a phase of high fluctuations, but with all this, the movement remained horizontal. This is because speculative activity was concentrated in the upper part of the flat 1.1180 / 1.1250 // 1.1350, where a V-shaped pattern was formed twice, which did not lead to anything cardinal. The most remarkable surge […]

Last trading week passed in a phase of high fluctuations, but with all this, the movement remained horizontal. This is because speculative activity was concentrated in the upper part of the flat 1.1180 / 1.1250 // 1.1350, where a V-shaped pattern was formed twice, which did not lead to anything cardinal. The most remarkable surge […]

Technical analysis: Trading recommendation: Watch for potential selling opportunities on the BTC due to fake breakout of the trading range and the supply trendline in the background. Downward targets are set at the price of $8,900 and $7,800. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Trading plan for EUR/USD on July […]

Technical analysis: Trading recommendation: Watch for potential selling opportunities on the BTC due to fake breakout of the trading range and the supply trendline in the background. Downward targets are set at the price of $8,900 and $7,800. The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Trading plan for EUR/USD on July […]

Gold is trading in the green and is struggling to stabilize above the $1,800 level. The price has developed a minor down channel, an upside valid breakout will validate a further growth in the upcoming period. The gold price is traded at $1805.75 level after the failure to stay below the broken $1,800 psychological level, […]

Latest COT report (Commitments of Traders). Weekly outlook for EUR/USD As shown by the latest COT report (Commitments of Traders dated 07.07.20.), open interest in the euro rose again and amounted to 593.341. Together with open interest, the final net position (51533) has also grown; it still has an advantage over short positions. Non-Commercial Group […]

Latest COT report (Commitments of Traders). Weekly outlook for GBP/USD According to the COT report (Commitments of Traders dated 07/07/20), there was a decline in open interest in the pound (-5448) and it amounted to 180.696 at the time of the report. It should be noted that, regardless of what actions the market participants took, […]

Stocks braced for disastrous earnings, but low bar sets stage for profit beats Dollar extends downward trajectory despite worrisome virus numbers Gold capitalizes on weaker greenback but euro turns more cautious Worst earnings season ever? Equity markets were in a surprisingly chirpy mood on Monday, with little sign of distress ahead of what is expected […]

The latest data on the coronavirus reveals that there has been no decline in the daily increase of infections, which suggests that the second wave of the pandemic is in full swing. The only good thing is that mortality has decreased, amounting to 1.5 times lower than the highest records in April, when the number […]

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:Daily Market Comment – Stocks creep higher as… […]

Gold maintains a healthy bullish bearing despite having slightly pulled back after plotting a fresh more than 8½-year high of 1,817.89. The pair’s retreat from the upper Bollinger band is also reflected in the stochastic oscillator, which displays some weakening in positive momentum, as the %K line completed a bearish crossover of the %D line, […]

Finance Ministers of the eurozone held a meeting on Friday, during which President Charles Michel of the European Council made specific statements and proposals regarding the EU economy. The statements led to a rise in demand in favor of the risky assets, which resulted in the recovery of quotes after a sharp decline on Thursday. […]