Buying and selling in the stock market on August 2
The purchase of Alcoa Corporation shares is hedged by the sale of Zynga..
Forex Analysis & Reviews
Forecast for AUD/USD on August 2, 2021
The Australian dollar may form a double convergence.
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Forecast and trading signals for EUR/USD on August 2. Analysis of the previous review and the pair's trajectory on Monday
The European currency did not pay any attention to the strong data from the European Union. Bulls retreated from the market again.
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Overview of the GBP/USD pair. August 2. The Bank of England is unlikely to surprise traders with anything. All attention is on the US labor market.
This week, the Bank of England will hold a meeting. However, it is unlikely that the British regulator will surprise the markets with something, and the pound does not need support at all now..
Overview of the EUR/USD pair. August 2. Preview of the week. The US dollar is waiting and hoping to see strong reports from ADP and NonFarm Payrolls.
The US currency resumed its decline. Will the labor market reports support the US dollar?.
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Analytics and trading signals for beginners. How to trade GBP/USD on August 2. Analysis of Friday. Getting ready for Monday
The pound/dollar pair traded formed a rather strong upward trend, but at the same time it was extremely inaccurate.
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Analytics and trading signals for beginners. How to trade EUR/USD on August 2. Analysis of Friday. Getting ready for Monday
A very interesting day in terms of macroeconomic events. And very revealing.
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Weekly NZDUSD analysis
NZDUSD is trading around 0.6970 for the 4th consecutive week. Each time moves below 0.6950 over the last four weeks, bulls step in and push price higher to close the week above it. This can be seen by the long lower tails in the weekly candlesticks..
Weekly GBPUSD candlestick analysis.
GBPUSD enjoyed a positive week after a bullish hammer candlestick pattern week. Hammer patterns usually are signs of trend change and since the following week was positive, the chances for a continued move higher are now increased..
Bitcoin faces big resistance
Bitcoin is trading above $40,000 and is challenging both a downward sloping resistance and the horizontal resistance at $42,000. Bulls need to be cautious as there are some warning signs that the week might start with a pull back..
AUD/USD. Waiting for the RBA verdict: Australian central bank may issue a "ticket to the south" for the aussie
At the end of last week, the AUD/USD pair failed to get out of the 100-point price range. Traders are waiting for the August meeting of the RBA, the results of which will be announced next Tuesday.
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Wave analysis of GBP/USD for July 30
The wave counting for the Pound/Dollar instrument became a little clearer after Wednesday. Thus, the instrument continues to build a new upward wave, which now looks very convincing and definitely does not fit into the wave counting of the previous downward trend section..
Wave analysis of EUR/USD for July 30. European economy is recovering too slowly
The wave counting of the 4-hour chart for the Euro/Dollar instrument has acquired a more readable and complete form. After the instrument spent several weeks with a minimum amplitude, it still began to increase, which can be considered an independent wave. Thus, at the moment, the supposed wave c is.
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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.
