Trading plan for GBP/USD for week of October 26-30. New COT (Commitments of Traders report). Investors puzzling out how to trade GBP
Trading plan for GBP/USD for week of October 26-30. New COT (Commitments of Traders report). Investors puzzling out how to trade GBP
The pound sterling is about to fall again that is logical development from fundamental viewpoint.
Forex Analysis & Reviews
Trading plan for EUR/USD for week October 26-30. New COT (Commitments of Traders report). Investors avoid risky bets ahead of presidential election.
A new Commitments of Traders report does not reveal any changes. Financial markets are alert to the presidential election in the US. The second coronavirus wave is raging across Europe.
Analytics and trading signals for beginners. How to trade the GBP/USD currency pair on October 23? Analysis of Friday's deals.
The British pound is again tipped to fall after several weeks of absolutely illogical growth. The problems of the British economy are very serious.
Analytics and trading signals for beginners. How to trade the EUR/USD currency pair on October 23? Analysis of Friday's deals.
We are waiting for new sell signals and the pair's fall to 1.1700. Statistics today turned out to be in favor of the US currency.
Ichimoku cloud indicator analysis of EURUSD
Today we use the Ichimoku cloud indicator in order to identify key short-term support and resistance levels. What will be the target if price breaks any key short-term support level? EURUSD price is currently in a bullish trend as the Ichimoku cloud indicator indicates in the 4 hour chart.
Weekly Ichimoku cloud analysis for Gold
Gold price is trapped between the kijun-sen and the tenkan-sen indicators. Although longer-term trend in Ichimoku cloud terms remains bullish, there are some worrying signs that a bigger pull back could unfold until the end of the year.
USDCHF at major support
USDCHF is trading at 0.9050 for the third time the last three months. Last time USDCHF was at current levels, price reversed trend and made a bounce all the way to 0.93. Longer-term trend remains bearish as price continues to make lower lows and lower highs since April of 2019.
EUR/USD. PMI Indices, Hitler Factor and Dollar Vulnerability
The latest political events in the USA and European macroeconomic reports were able to extinguish the downward impulse for the EUR/USD pair. Buyers returned lost items, and the dollar once again demonstrated its vulnerability
Email Subscription
Do you want to receive Forex analytics newsletter to your email?
Subscribe to analytics newsletter and get fresh daily reviews prepared by InstaForex professional analysts. You can choose which type of analysis and from what analysts you wish to recieve to your email address daily. Be on top of the Forex market events with InstaForex!
AmEx's quarterly profit was worse than market expectations, revenue exceeded forecasts
Due to the reduction in expenses for plastic cards, the financial holding company incurs losses.
October 23, 2020 : EUR/USD Intraday technical analysis and trade recommendations.
The EURUSD pair has failed to maintain sufficient bearish momentum below 1.1750. Instead, another bullish breakout was being demonstrated towards 1.1870.
As mentioned in previous articles, the price zone of 1.1870-1.1900 stands as a solid SUPPLY Zone corresponding to the backside of the broken.
October 23, 2020 : GBP/USD Intraday technical analysis and trade recommendations.
The current price zone of 1.3130-1.3150 (the depicted trend line) remains an Intraday Key-Zone to determine the next destination of the GBPUSD Pair.
Bullish Persistence above the mentioned price zone of 1.3100-1.3150 will probably allow bullish pullback to pursue towards 1.3400 as a final.
Dollar may face 1.5% medium-term loss in Biden's victory
Greenback risks losing about 1.5%, or even 3% of its value in the medium-term. This scenario will favor the euro. The main currency pair may rise to new annual highs above 1.20.
October 23, 2020 : EUR/USD daily technical review and trade recommendations.
Currently, the price zone around 1.1880-1.1900 constitutes a KEY Price-Zone as it corresponds to the backside of the depicted broken ascending channel.
The recent Upside breakout above 1.1780 enabled further advancement towards the price levels around 1.1880-1.1900 where bearish pressure and a.
Analysis of Gold for October 23,.2020 - Rejection of the support trendline and potential for the rally towards $1.930
Watch for buying opportunities on the dips....
Show more
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.
