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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After breaking the September 12 low yesterday the EUR/USD currency pair continued to decline and fell down to the 1.3380 level by the end of the day...
During last week trading the GBP/USD currency pair nearly passed the 57 figure level. After this it started to trade in the range trying to form the beginning of an upside correction...
Yesterday the USD/JPY continued recent decline and tested the 76,60 level, thus complicating the wave situation within the almost horizontal triangle even more...
Yesterday during the whole day the EUR/USD currency pair was trading between 1.3570 and 1.3730 levels. At the same time the formation of the expected 4th wave...
Yesterdays positive sentiment of the currency markets towards the dollar enabled the GBP/USD pair to decline further and reach the 1.6130 level later in the day...
As expected earlier, during yesterdays trading the GBP/USD resumed downside movement within the 5th wave of the whole trend downside section initiated August 19...
During yesterdays trading the USD/JPY currency pair managed to increase and test the level of the 77 figure. Therefore we might suppose that the price has formed the second wave ...
