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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Our outlook for the US stock market remains bearish, so first of all let us consider the following candidates for Sell-deals: International Paper and United Tech...
Following the main scenario, the pound fixated above the local high and kept on increasing. At the moment the price is correcting near the support level 1.6505...
The Australian dollar kept increasing in accordance with the new scenario. In the Asian session the price corrected slightly and at the moment the AUD is testing the support level 1.0410...
Dollar definitely lost demand among investors after the release of US reports on Friday. At the moment the euro is correcting above the Friday resistance levels...
As expected, we saw continuing movement from the important level 1.4370 that provides support at the moment; the growth was caused by Obama’s comments ...
The AUD has reached the above mentioned levels, however we did not see the expected growth. At the moment the pair is correcting above the 1.0585 level...
The euro reached the mentioned supply levels and after this the pair started to correct. At the moment the currency is correcting above the support levels...
After reaching the demand levels the Australian dollar started to recover amid negative US statistics. At the moment strong support levels were formed ...
The medium-term expectations turned out to be true - the euro started to decline. There are all conditions for a reverse and further decline of the euro...
The market started to fall sharply during Japanese session; this may be conditioned by the third explosion at Fukushima nuclear plant that provoked a panic on the markets...
As expected, the pound declined, but started to advance since the US session. At the moment the price is rising on, which demonsrates positive sentiment after US news session...
