InstaForex Loprais Team - Official participant of the Dakar rally

Open Demo Account

Trading Platform

How to start trading

Video Tutorials

Advantages for Affiliates

We are in social networks

InstaForex Stars

InstaForex Offline

InstaForex Loprais Team - Official participant of the Dakar rally

Forex Analytical Reviews

Forex Analysis & Reviews

Analytics today

JP Morgan: Chances of bitcoin's further rise diminishing

07:16 2021-04-22 UTC--5 Relevance up to 05:00 2021-04-23 UTC--5

Author: Stanislav Polyanskiy

Popular analitics

EUR/USD: plan for the European session on April 22. COT reports. Traders are waiting for new benchmarks and results of European Central Bank meeting

01:31 2021-04-22 UTC--5

Forecast and trading signals for GBP/USD on April 22. Analysis of yesterday's review and the pair's trajectory on Thursday

21:48 2021-04-21 UTC--5

Results of the ECB meeting and Lagarde's speech may support the euro

05:17 2021-04-22 UTC--5

Forecast and trading signals for EUR/USD on April 22. Analysis of yesterday's review and the pair's trajectory on Thursday

21:47 2021-04-21 UTC--5

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on April 22

01:36 2021-04-22 UTC--5

Open account with InstaForex and earn on Forex

Open demo account

If you are new to Forex

Download MetaTrader trading platform

Download MetaTrader trading platform

Download MetaTrader trading platform

Hot topic: Coronavirus (COVID-19)

Crypto-currencies Relevance up to 05:00 2021-04-23 UTC--5

JP Morgan: Chances of bitcoin's further rise diminishing

Bitcoin continues to gradually fall. On the one hand, there is still no certainty that the long-term growth of bitcoin is over. It will be possible to talk about this only after confidently overcoming the support level of $50,770.

Crypto-currencies Relevance up to 06:00 2021-04-24 UTC--5

BTC analysis for April 22,.2021 - Donwside continuation in play and potential for re-test of $50.640

Watch for selling opportunities...

Technical analysis Relevance up to 06:00 2021-04-23 UTC--5

Analysis of Gold for April 22,.2021 - Upside continuation adn potential test of $1.812

Watch for buying opportunities on the pullbacks...

Technical analysis Relevance up to 06:00 2021-04-23 UTC--5

EUR/USD analysis for April 22 2021 - Completion of the downsdie correction and potential for test of 1.2100

Watch for buying opportunities...

Technical analysis Relevance up to 04:00 2021-04-23 UTC--5

EUR/USD: on the eve of the ECB meeting. Recommendations for April 22

The Bank of Canada yesterday unexpectedly announced a slowdown in bond purchases due to the improved economic outlook. Bank executives on Wednesday left the key interest rate unchanged at 0.25% while saying that the key rate hike could happen faster than previously thought.

Technical analysis Relevance up to 06:00 2021-04-23 UTC--5

Technical Analysis of EUR/USD for April 22, 2021

The EUR/USD pair continues to move upwards from the level of 1.2000. Yesterday, the pair rose from the level of 1.2000 (the level of 1.2000 coincides with a ratio of 61.8% Fibonacci retracement) to a top around 1.2053.

Crypto-currencies Relevance up to 05:00 2021-04-23 UTC--5

Bitcoin volume analysis for April 22, 2021

Daily bitcoin forecast based on volume and technical analysis with statistics and trades

Technical analysis Relevance up to 04:00 2021-04-23 UTC--5

Technical analysis recommendations for EUR/USD and GBP/USD on April 22

The pair continues to settle below the resistance zone of 1.2064 - 1.2092. The breakdown of this zone and a sharp consolidation above it will open new prospects for

Technical analysis Relevance up to 05:00 2021-04-23 UTC--5

Technical Analysis of GBP/USD for April 22, 2021

The GBP/USD pair continues to move upwards from the level of 1.3896. Today, the first support level is currently seen at 1.3896, the price is moving in a bullish channel now.

News Relevance up to 02:00 UTC--5

Euro takes the stage. Prospects and opportunities for the single currency

During the dollar battles, especially noticeable in the EUR/USD pair, the European currency was most often in the background. But now, the euro is trying to be in the spotlight of the markets, increasing its potential.

Technical analysis Video analytics Relevance up to 05:00 2021-04-23 UTC--5

Daily Video Analysis: CADJPY facing bearish pressure, potential for further drop!

Today we take a look at CADJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. Price is facing bearish pressure as it holds under descending trendline.

Crypto-currencies Relevance up to 02:00 2021-04-23 UTC--5

Dogecoin bypasses Ford and Kraft Heinz in terms of capitalization

After Dogecoin rallied by more than 400% last week, it showed a 20% decline on Tuesday, decreasing its market value by about $ 14 billion.

Fundamental analysis Relevance up to 01:00 2021-04-23 UTC--5

Results of the ECB meeting and Lagarde's speech may support the euro

The markets will focus on the ECB's final decision on monetary policy today. Surprises are not expected, since all the parameters of the monetary exchange rate should remain unchanged. In the meantime, the currency traders left the Euro currency alone, which clearly suggests that they will take.

Trend line Relevance up to 05:00 2021-04-23 UTC--5

GBPJPY reacting above ascending trendline support! Bounce incoming!

GBPJPY holding above long term descending trendline. A bounce above 1st support at 150.406 towards recent swing high and 1st resistance at 150.973 could be possible. RSI reacting above support where price bounced in the past as well. Trading Recommendation Entry: 150.406 Reason for Entry: 50%.

Technical analysis Relevance up to 05:00 2021-04-23 UTC--5

USDCHF facing bearish pressure, potential for further downside!

Prices are facing bearish pressure from horizontal pullback resistance, which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push down from 1st resistance towards 1st support in line with 100% Fibonacci extension and 127.2% Fibonacci retracement. If prices.

Technical analysis Relevance up to 05:00 2021-04-23 UTC--5

EURAUD approaching 1st support, potential for a bounce!

Price is approaching 1st support, which is in line with our 78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal swing low support and ascending trendline support. We could potentially see a bounce at this level and further rise up towards 1st resistance, which is in line with 61.8%.

Fundamental analysis Relevance up to 01:00 2021-04-23 UTC--5

ISIS attacks turned the LNG boom in Mozambique into a recession

Businesses in Mozambique faced disaster after ISIS launched another attack on Palma.

Technical analysis Relevance up to 02:00 2021-04-23 UTC--5

Indicator analysis. Daily review for the GBP/USD pair on April 22, 2021

The GBP/USD pair went down yesterday and tested the 5 EMA - 1.3895 (red thin line). After that, the price went up. The market closed the daily candlestick at 1.3924. Today, the price is likely to continue moving up. As per the economic calendar, news is expected at 12.30 and 14.00 UTC (dollar).

Technical analysis Relevance up to 04:00 2021-04-23 UTC--5

AUD/USD Hot Forecast for 22 April, 2021

Rebound appears capped below 0.7800 despite bull cross

Technical analysis Relevance up to 04:00 2021-04-23 UTC--5

XRP Price Prediction for 22 April, 2021

XRP price has flipped a crucial demand zone into supply after the recent slump.

Fractal analysis Relevance up to 02:00 2021-04-23 UTC--5

Fractal analysis of major currency pairs on April 22, 2021

The EUR/USD pair is expected to continue rising after the level of 1.2088 is broken. The key support level is 1.1994. The GBP/USD pair is expected to further increase after the breakdown of 1.3970. The key intraday support level is 1.3894. The USD/CHF pair is expected to decline deeper after the.

Show more

Get profit from trading on Forex

Open trading account

If you are new to Forex

Open demo account

Download trading platform

Choice of bonuses for clients

Choose your bonus

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.