Ethereum shows strong overbought signs
Ethereum plunged after failing to reach the 4,380.64 all-time high. It has increased as high as 4,375.00 in yesterday's session where it found resistance. At the moment of writing.
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Shiba Inu (SHIB) continues to join the ranks of crypto platforms after being listed by Public.com: is Robinhood next?
The Shiba Inu (SHIB) has good preconditions for further upward movement after the token officially joined the list of the investing platform public.com. Now you can buy Shiba Inu, convert.
October 22, 2021 : EUR/USD daily technical review and trading opportunities.
Downside movement took place towards the price level of 1.1600 where significant buying pressure existed. Bearish persistence below 1.1700 and 1.1600 has enhanced further decline towards 1.1500. Currently, the price.
October 22, 2021 : GBP/USD Intraday technical analysis and significant key-levels.
Recently, the GBPUSD pair was testing Demand-Zone located around 1.3400 which corresponded to 123% Fibonacci Level of the most recent bearish movement. This was a good entry level.
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EUR/USD: ECB will show the euro the way
While the EURUSD bulls were on the attack, encouraged by the 7-day rally in the S&P 500, which ended in a 55th all-time high in 2021, their opponents were taking.
Trading signal for EUR/USD on October 22 - 25, 2021: Sell below 1.1660 (EMA 200)
A sharp breakout and a consolidation above 1.1660 (200 EMA) and 3/8 of murray (1.1657) could be the start of a bullish scenario, and the Euro could rise.
Asia-Pacific indicators mainly rise
Asia-Pacific indicators showed a strong gain on Friday. Shanghai Composite and Shenzhen Composite added 0.09% and 0.47% respectively. Hong Kong's Hang Seng Index rose 0.19%, Japan's Nikkei 225 gained 0.39%.
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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.
