Trading plan for EUR/USD on August 12, 2020. COVID-19: some lull in the second wave
Coronavirus pandemic stops at high levels. Meanwhile, the euro is under consolidation in the market.
EUR/USD. August 12. COT report. The first coronavirus vaccine has been registered in Russia. America and EU countries criticize it
The coronavirus is again gaining momentum around the world. The number of new cases is increasing. The world's first vaccine may not be safe
GBP/USD. August 12. COT report. UK GDP shrank by 20.4% in the second quarter. Sellers can continue to get rid of the pound
The UK GDP report showed the strongest drop among all the countries of the European Union. The British pound is unlikely to be in demand after such data
Trading idea for Litecoin
Results of the trading idea last August 4
GBP/USD: plan for the European session on August 12. COT reports (analyzing yesterday). Pound pressure will sharply increase after breaking strong support at 1.3020
Commitment of Traders (COT) reports. Pressure on the pound will significantly increase after the breakout of the strong support at 1.3020. The pound remains under pressure, as evidenced by the lack of reaction to the good report on GDP growth
EUR/USD: plan for the European session on August 12. COT reports (analyzing yesterday). Pressure on the euro will continue. All eyes on US inflation data
Commitment of Traders (COT) reports. The pressure on the euro will continue. The European currency continued its downward correction against the US dollar after yesterday's reports on US producer prices
Pound: the main thing is not to hurt yourself on the negative rate
The British currency was again at the epicenter of passions around the possible introduction of a negative rate. On this issue, the British authorities are in a state of "both wanting and pricking": On the one hand, they expect to improve the state of the national economy after this decision is.
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Simplified wave analysis and forecast of GBP/USD and AUD/USD on August 12
Trading the pound in the market today is possible within the intraday. There are no conditions for sales. After the corresponding signals appear, it is recommended to open long positions
USD/JPY - price is above 106.5. Take profit!
Trading idea for the USD/JPY pair.
Invention of a vaccine against COVID-19 in Russia has inspired financial markets (fall in risk appetite in the markets may lead to local decreases in EUR/USD and AUD/USD pairs)
The US dollar was under pressure again on Tuesday, albeit not so strong against major currencies. This was due to the high demand for risky assets, which draws significant cash flows
Demand for the dollar is rising, defensive assets are being sold; Overview of USD, CAD, and JPY
The US dollar has strengthened sharply across the entire spectrum of the currency market after it became known on Tuesday that there was an increased likelihood of a political impasse over a new stimulus package
Joe Biden selects Senator Kamala Harris as his running mate for the upcoming US presidential election.
For the first time in American history, a black woman was elected to be the running Vice President of the Democratic Party.
Pound believes the rumors
We form positions for GBP/USD depending on the release of data on British GDP
COVID-19 again: Dollar grows amid alarming global trends
The coronavirus is trending again. Traders of the EUR/USD pair focused on global trends, worried about the global economic recovery. The incidence rate is accelerating again, and this fact provides background support for the US currency.
COVID-19 again: Dollar grows amid alarming global trends
The coronavirus is trending again. Traders of the EUR/USD pair focused on global trends, worried about the global economic recovery. The incidence rate is accelerating again, and this fact provides background support for the US currency.
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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.
