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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Gold approaches the upper limit of its medium-term bearish channel at 1,478 suggesting a decline. However, a break of this level will initiate a violent bullish channel....
The spot rate approaches the upper limit of its medium-term bullish channel at 1.5550 suggesting a decline. However, a break of this level will initiate a more violent bullish channel....
The spot rate approaches the upper limit of its medium-term bearish channel at 1.3120 suggesting a decline. However, a break of this level will initiate a violent bullish channel....
