empty
 
 
12.10.2020 04:59 AM
Changes in margin requirements on the Chicago stock exchange

The increase in margin requirements indicates that the probability of increased market volatility will increase in the near future. The margin has changed for a number of instruments

Instrument

Past Value

Current Value

EURUSD

2500$

2900$

AUDUSD

1800$

2100$

NZDUSD

1700$

1900$

USDJPY

3600$

4000$

USDCAD

1500$

1600$

USDCHF

4000$

4500$

On all the tools listed in the table, the control zones that were not reached must be rebuilt.

The only major instrument that has not changed is the GBPUSD pair. Their volatility is always slightly higher than the others so we should expect that the speed of impulse movements on this instrument will also increase slightly (this was already calculated in the last change).

There were strong impulse movements in all majors last Friday, which makes it possible to look for entry points on them in the direction of the weakening of the US Dollar Index. However, looking at the index chart, you can pay attention to the fact that it has come to a significant support zone formed at the levels of 92.80-92.50. A test of this zone is highly likely to cause a rebound, which can only be triggered in the case of a combined corrective movement of all majors.

This image is no longer relevant

Samanta Kruder,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback