Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
EURUSD, 4-hour chart
U.S. news out: Jobless claims for the week ended March 25 totaled 198,000, up 7,000 from the previous period.
Continuing claims, which run a week behind, edged up 4,000 to 1.689 million.
What the data shows: the labor market is still strong in the U.S. - unemployment is not rising - jobless claims remain near multi-year lows.
This paves the way for the Federal Reserve to raise rates again at the next meeting.
Classically, it's a path for the dollar to rise - but the euro is also trying to rise.
It is likely that the market will hold the euro high until Friday's PCE U.S. inflation report.
So, you can try to sell around the current - but it is more competent to either wait for the inflation report, or see the first wave of euro fall first and then sell from the rebound upwards.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
