GBP/USD sellers still in the game
GBP/USD dropped aggressively today because the Dollar Index has rebounded. The pair is traded at the 1.3679 level far below 1.3750 yesterday's high. Unfortunately, the UK Gfk Consumer Confidence dropped.
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USD/JPY double bottom activated, 111.65 seen as target
USD/JPY rallied and resumed its upside journey because the Dollar Index has jumped higher as well. On the other hand, the Japanese yen is still weak as the Nikkei (JP225).
September 24, 2021 : EUR/USD daily technical review and trading opportunities.
Currently, the price zone around 1.1700 remains a prominent demand-zone to be watched for BUYING pressure and a possible BUY Entry. Initial targets are expected to be projected towards 1.1750.
September 24, 2021 : GBP/USD Intraday technical analysis and significant key-levels.
The recent bullish rejection witnessed around 1.3600 as well as the temporary bullish breakout above 1.3880 indicated a high probability that this bullish movement may pursue towards 1.4025 then 1.4100.
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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.
