InstaForex - Analytics
InstaForex
The dollar index is sliding lower with a weak bearish trend following the holiday of the 4th of July. I believe the dollar index will bounce strongly this week and start a new uptren...
Gold price is pulling back after testing the post-Brexit high of $1,360. I continue to expect a higher high for Gold price near $1,400. The trend remains bullish. Show full pictur...
Show full picture Trading Recommendations : Sell now Stop loss is at 0.7245 Take profit is at 0.7125
Show full picture Trading recommendations : Buy above 1.7445 Take profit is at 2.0530 Stop loss is at 1.6900
Show full picture USD/JPY is under pressure and expected to continue its downside movement. The pair rebounded up to 102.80 yesterday before resuming a downtrend. Currently, while b...
Show full picture USD/CHF is under pressure and expected to develop its downside movement. The pair remains on the downside, capped by its falling 50-period moving average. Meanwhile...
Show full picture NZD/USD is expected to trade with a bullish bias above 0.7175.The pair remains on the upside within its bullish channel. At the same time, the 50-period moving aver...
Show full picture GBP/JPY is under pressure and expected to go further downward. European stocks encountered resistance after rallying for four sessions in a row, with the Stoxx Euro...
EUR/USD: This currency trading instrument has not assumed any directional bias this week (though that is very much likely to start this week or next week). The Bearish Confirmation P...
Yesterday was the US Independence holiday, but USDX struggled to break above the resistance level of 95.89. Currently, the index is being supported by the 200 SMA on H1 chart, where ...