Instant account opening

Forex Analysis

Popular Analytics

Technical analysis for Gold for January 23, 2019

Alexandros Yfantis - 07:00 2019-01-23 UTC+00

Gold price has been in the uptrend since August and has managed to rise from $1,160 to nearly $1,300 where we find an important Fibonacci retracement level. Although technically

Analysis of Gold for January 22, 2019

Petar Jacimovic - 13:30 2019-01-22 UTC+00

Gold failed to test the median Pitchfork trendline, which is a sign of the potential weak selling. Watch for buying opportunities if you see a break of the resistance

Technical analysis for EUR/USD for January 23, 2019

Oscar Ton - 04:18 2019-01-23 UTC+00

We have presented the daily chart view for EUR/USD as a bigger picture view is required for medium term outlook. EUR/USD dropped from 1.2550 levels through 1.1300 levels between February

Trading plan for 23/01/2019

Sebastian Seliga - 07:13 2019-01-23 UTC+00

Markets remain stable in most cases, waiting for new events. The decision of the Bank of Japan did not surprise and passed unnoticed

GBP/USD. January 22. Results of the day. The pound is growing again, despite the failure of the Brexit

Paolo Greco - 00:24 2019-01-23 UTC+00

The British pound sterling on the second trading day of the week, January 22, completed the correction, rebounding from the critical Kijun-sen line

Theresa May failed to inspire the British currency

Irina Manzenko - 00:32 2019-01-23 UTC+00

British Prime Minister Theresa may could not inspire traders yesterday: the presented "plan B" was more like a declaration of intent than a strategy for further action

Alexey Almazov

Maxim Magdalinin

Nadezhda Zhizhko

Alexander Dneprovskiy

View full-scale analytics View full-scale analytics on MT5 portal

Forex forecast from Chief Strategist

Technical analysis

EUR/GBP Testing Support, Prepare For Bounce

The EUR/GBP pair is testing its support at 0.8763 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where the price is expected to bounce up to its resistance at 0.8866 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is.

Read full article

Technical analysis

EUR/GBP Testing Support, Prepare For Bounce

Read full article

Technical analysis

CHF/JPY Testing Support, Prepare For Bounce

The CHF/JPY pair is testing its support at 109.53 (61.8% & 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support) where the price is expected to bounce up to its resistance at 110.31 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5,.

Read full article

Bitcoin quotes

Open chart Open chart

Bitcoin forecast

Bitcoin Elliott Wave analysis for 23/01/2019

Sebastian Seliga

06:52 2019-01-23 UTC+00

Is the correction completed yet?

View full version

Ethereum Elliott Wave analysis for 23/01/2019

Sebastian Seliga

06:33 2019-01-23 UTC+00

The market has tested the technical support again

View full version

BITCOIN Analysis for January 22, 2019

Rocky Yaman

14:05 2019-01-22 UTC+00

Bitcoin is still trading higher amid strong bullish momentum after rejecting off the $3,500 area recently. A daily close above $3,600 is expected to lead to further upward momentum in the future.

View full version

Go to analytics page

InstaForex TV

Forex TV News

Calendar and Reviews

Pattern Graphix

Pattern Graphix makes it possible to analyze charts, get information in what direction you should open a trade, and determine the target to exit the market in a timely manner as well as find out how often you should open deals. Working with Pattern Graphix, you will receive an immediate visual and sound notification of the formation of various graphical models.

2019-01-23 Bearish Rectangle GBPJPY M30

According to the chart of M30, GBPJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 142.26 and support 141.82. In case the resistance level 142.26 - 142.26 is broken, the instrument is likely to follow the bullish trend.

2019-01-23 Double Bottom EURNZD M5

The Double Bottom pattern has been formed on EURNZD M5; the upper boundary is 1.6743; the lower boundary is 1.6728. The width of the pattern is 15 points. In case of a break of the upper boundary 1.6743, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

2019-01-23 Double Top GBPJPY M30

The Double Top pattern has been formed on GBPJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 141.84 is broken, the downward movement will continue.

2019-01-23 Bearish Rectangle GOLD M30

According to the chart of M30, GOLD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1285.02 and support 1282.46. In case the resistance level 1285.02 - 1285.02 is broken, the instrument is likely to follow the bullish trend.

Economic Calendar

Wednesday, 23 January 2019

Time	Macroeconomic Indices	Period	Previous Reading	Forecast	Actual Reading	Importance
04:59	BOJ Outlook Report					Medium
04:59	Monetary Policy Meeting Minutes					High
04:59	BoJ MPC Interest Rate Announcement	Jan	-0.10%	-0.10%	-0.10%	High
08:30	Bank of Japan Press Conference					High
11:30	BOE Deputy Governor for Monetary Policy Ben Broadbent Speaks					Medium
15:30	Retail Sales	Nov	0.3% m/m; 0.0% m/m	-0.7% m/m; -0.4% m/m		Medium