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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On 103 chart the pair is near the resistance level of 0.977.
If buyers manage to overcome 0.977 level, it will enable the resistance level of 0.985
...
On the 203 step chart, the pair is in the grip of downtrend.Still we can see that the price is moving away significantly from the trend line which signifies of the upcoming correction...
