We present to you the daily updated section of market analysis prepared by professional analysts of InstaForex Company. Each of the specialists represented in this section, carries out analytical reviews in accordance with his/her vision of the current situation on foreign exchange and other markets. However, the outlooks below are only recommendations and not instructions to any actions; they contain analysis of the current situation on the currency market. In some cases the analysts' opinions to changes in the current market situation can differ, in this way, we recommend you to follow the publications of only one analyst, who in your view most clearly and correctly evaluates the situation on the international Forex market.
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The Australian dollar dropped again today and heads to 2010 lows against the dollar after the minutes of the Reserve Bank of Australia were released....
Eurodollar succeeded in stabilizing above resistance 1.3240, followed by 1.3300 breakthrough that took place last week, which keeps the upside movement favoured to target 1.3600 levels (target of 123 pattern)....
Eurodollar succeeded in stabilizing above resistance 1.3240, followed by 1.3300 breakthrough that took place last week, which keeps the upside movement favoured to target 1.3600 levels (target of 123 pattern)....
Since our last analyses the USD/CAD pair has been trading upwards, just like we expected, impulsive sub-wave 3 (coloured blue) of the bigger wave [1] (coloured red) has been developing....
Since our last analyses the USD/CAD pair has been trading upwards, just like we expected, impulsive sub-wave 3 (coloured blue) of the bigger wave [1] (coloured red) has been developing....
Since our last analyses the AUD/USD pair has continued trading lower, just like we expected, impulsive wave 3 (coloured blue) of the bigger wave [3] (coloured red) has been developing. ...
