Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша


  • Persoonlijke instellingen
  • Toegang tot alle InstaForex-services
  • Gedetailleerde statistieken en rapporten over transacties
  • Volledig scala aan financiële transacties
  • Systeem voor het beheren van verschillende accounts
  • Maximale gegevensbescherming

InstaForex Partner Area

  • Volledige informatie over klanten en commissies
  • Grafische statistieken over accounts en klikken
  • Webmasterinstrumenten
  • Kant-en-klare weboplossingen en een breed scala aan banners
  • Hoog gegevensbeschermingsniveau
  • Bedrijfsnieuws, RSS-feeds en forex informanten
Account Registreren
cabinet icon

InstaForex - altijd op de voorgrond!Open een handelsaccount en wordt een onderdeel van het InstaForex Loprais-team!

De succesgeschiedenis van het team onder leiding van Ales Loprais kan uw succesgeschiedenis worden! Handel met vertrouwen en ga richting leiderschap zoals vaste deelnemer van Dakar Rally en winnaar van Silk Way Rally InstaForex Loprais Team het doet!

Doe mee en win met InstaForex!

Direct openen van een account

Ontvang een brief met instructies
toolbar icon

Trading Platform

Voor mobiele apparaten

Voor handel via browser

The panic in the financial markets, which resulted from the collapse of the oil market, led to an unexpected turn – the decline of the dollar against all major currencies of the world. It is not strange, but this time, a sharp decline in oil prices also hit the United States, since it was the American oil companies specializing in the production of shale oil and gas that were threatened with bankruptcy. In other words, Russia's rather abrupt political initiative, in the form of a refusal of an agreement to reduce production volumes, poses a small threat to American companies. However, the volume of production from this in the United States can seriously sink, especially because American companies prefer to work at spot prices, and they are extremely dependent on price fluctuations while most oil-exporting countries operate on long-term contracts, in which prices and volumes are prescribed in advance. That is, the main oil exporters are currently safe, and problems for them will only begin if oil prices remain at a low level for a long time. At the same time, in many currencies, the dollar began to recover immediately immediately after the weakening. However, with regard to the single European currency, this process began only today.

Exchange Rates 10.03.2020 analysis

The dollar will most likely continue to strengthen its position, because the single European currency is seriously overbought. In addition, the last wave of its growth was purely speculative and emotional in nature, whereas it has no fundamental reasons for growth. Moreover, today's GDP data for the fourth quarter should confirm once again the fact of a slowdown in the economic growth of the euro area, from 1.2% to 0.9%. That is, Europe continues to slide into recession. Well, oil prices are already starting to gradually recover.

GDP growth rate (Europe):

Exchange Rates 10.03.2020 analysis

From the point of view of technical analysis, we see upward impulses against the background of a general panic, where after the recovery process came, returning the quote to the area of last Friday. In fact, the quote currently fluctuates on the level of the gap and tends to come closer to the main coordinates of 1.1300.

In terms of a general review of the trading chart, we see an attempt to change the medium-term trend, after fixing the price at 1.1440 / 1.1480. However, it is not worth making hasty conclusions due to the existing background and high speculative interest.

It is likely to assume that the existing recovery process will continue to form, where the level of 1.1300 will be the first point of support. The subsequent movement will depend on the points of price fixing, relative to the level of 1.1300, as well as how speculators will behave, since the external background is still strong.

From the point of view of a comprehensive indicator analysis, we see that minute and hour periods signal a sale, working on the recovery process. At the same time, daily periods reflect an inertial upward trend, giving a buy signal.

Exchange Rates 10.03.2020 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Uitgevoerd door Dean Leo,
Analytische expert
InstaForex Group © 2007-2020
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Show more
Widget calback
Onze specialist
zal u terugbellen
in vijf minuten
We zullen u navigeren
door de website en
al uw vragen beantwoorden!
Voorkeur communicatie
  • English
  • Русский
  • العربية
  • Bahasa Indonesia
  • Bahasa Melayu
  • বাংলা
  • Български
  • 中文
  • Español
  • हिन्दी
  • Asụsụ Igbo
  • Português
  • اردو
  • ไทย
  • Українська
  • Tiếng Việt
  • Èdè Yorùbá
Een call-back verzoek is ingediend.
Onze specialisten nemen zo snel mogelijk contact met u op.
Er is een fout opgetreden.
Probeer het later opnieuw.
Kan u nu niet praten?
Stel uw vraag in de chat.