We present you the daily updated analysts' section, which is conducted by the professional analysts of InstaForex Company. Each of the specialists represented in this section, carries out analytical surveys in accordance with his vision of the current situation at the international Forex market. However, all represented below reviews are not straight recommendations or reason for the actions, but they contain exclusively the analysis of the current situation at the currency market. In certain cases the analysts' opinions to any 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 at the international Forex market.
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From the today's H4 chart, yesterday the metal failed to break the Support level 21.50 to bounce again from it and trade between the Support level 21.50 and the Resistance level 22.00....
From the today's H4 chart and as it was expected yesterday, the pair might take a new bullish signals in case of closing 4H above the Resistance level 148.75 after it was tested yesterday....
The USDCAD pair was declining for the second week except for some recovery observed on the last three trading days which is not that strong by the way....
The USDCAD pair was declining for the second week except for some recovery observed on the last three trading days which is not that strong by the way....
USD/JPY is consolidating in higher range before 18:00 GMT U.S. Federal Open Market Committee interest rate decision, which is followed by Chairman Bernanke's press briefing. ...
USD/JPY is consolidating in higher range before 18:00 GMT U.S. Federal Open Market Committee interest rate decision, which is followed by Chairman Bernanke's press briefing. ...
The price has still been trapped between 0.9243 -- 0.9215 as well as it has been set below strong resistance at the level of 0.9403 (this level is formed at the weekly pivot point for June 10 - 14, 2013). ...
The cable movement remains within the range of the resistance area extending from 1.5680 to 1.5830 and although the pair recorded a new High yesterday at 1.5750, it returned again to trade on the borders of 1.5700....
The market is continuing to show signs of strength following the break at 1.0110 (green horizontal line in the chart). Additionally, USD/CAD's resistance was broken and turned to support last month. ...
Since our last analysis Gold has been trading in downward moves like we expected, price tested the level 1,360.00 and almost reached our intraday target level at price 1,356.00. ...
