Technical Analysis of GBP/USD for August 10, 2020:
Pound keeps consolidating the gains in a narrow range
Technical Analysis of BTC/USD for August 10, 2020:
Bitcoin approaching the yearly highs again
Forecast for AUD/USD on August 10, 2020
The Australian dollar's nearest target is 0.7070.
Forecast for USD/JPY on August 10, 2020
USD/JPY maintains the upward trend from July 31 on August 10.
Hot forecast and trading signals for the GBP/USD pair on August 10. COT report. Buyers retreat, failing to take the 1.3169 level. A chance for bears!
The US dollar began to show signs of life after the release of a good package of statistical information in the United States. But how long did the bulls take time out?
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Hot forecast and trading signals for the EUR/USD pair on August 10. COT report. Major players continue to buy euros, but the upward trend is nearing completion
US data on Friday helped the US dollar and technical factors are also on the side of this currency. Are the bears ready to continue building on local success?
Overview of the GBP/USD pair. August 10. The pound is preparing for the publication of the UK GDP. Trump is closing the gap with Biden. Democrats and Republicans continue to negotiate.
The US currency may continue to strengthen and even form a strong trend if the flow of disappointing news from America stops.
Overview of the EUR/USD pair. August 10. The US labor market is recovering, and unemployment is falling. Donald Trump promises everyone a tax break and $ 400 a week in allowances.
However, all these generous proposals of Trump were not approved by either Congress or the Democrats, that is, in fact, they are "empty". Meanwhile, the US economy is starting to recover slowly.
Analysis and trading signals for beginners. How to trade the EUR/USD pair on August 10? Analysis of Friday. Preparation for trading on Monday
Nonfarm Payrolls report provided strong support for the US currency. Now we are waiting for the US dollar to continue growing (fall of the EUR/USD pair).
Ichimoku cloud indicator analysis of EURUSD
For a consecutive week price managed to move above 1.19 but week closed below 1.18. Trend might still be bullish but the weakness of bulls to recapture 1.19 implies that a deeper pull back might be in store for us for next week.
EUR/USD. "Green" Nonfarms and bad news from Capitol Hill
Data published today on the growth of the US labor market provided support to the dollar. But the growth of the greenback was limited: for a more confident growth, dollar bulls lack the last puzzle, "worth" one trillion dollars.
Financial market to face fluctuations throughout coronavirus crisis
Analysts at Goldman Sachs gave a very mixed forecast regarding the prospects for the S&P 500 index. It all depends on the situation with the coronavirus crisis.
Gold declines after months of rallying up
The price of gold turned to a negative correction this morning, which was caused by an unexpected strengthening of the greenback. However, the precious metal still has the opportunity to be noted for the longest and most rapid rise, which has only been over the past ten years.
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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.
