Level and Target Adjustments for the U.S. Session – August 6
The euro and the pound failed to deliver any meaningful moves today, although there were still some opportunities to trade using the Mean Reversion strategy. I did not take.
Forex Analysis & Reviews
Analytics today
Popular analytics
All analytics
Stock Markets
Hot forecast
Trading plan
Crypto-currencies
For beginners
Video analytics
Forex calendar
Hot topic: Coronavirus (COVID-19)
XAU/USD. Price Analysis and Forecast. Hopes for a U.S.–Iran Peace Agreement Weigh on the U.S. Dollar, Supporting Gold
Hopes for a peace agreement between the United States and Iran, easing inflation concerns, and reduced expectations of further Federal Reserve interest rate hikes may limit the U.S. dollar's upside.
USD/CAD: analysis and outlook. Canadian dollar retains advantage versus US dollar
The USD/CAD pair is trading lower on Thursday, with bears targeting a break of the psychological 1.4000 level. Oil prices have recovered slightly after hitting a more-than-three-week low yesterday, following.
DXY: analysis and outlook. US dollar index (DXY) struggling to recover
DXY remains defensive amid hopes for a US–Iran peace deal and lower Fed rate hike expectations. A small rise in oil prices keeps inflation risks alive and helps limit losses.
Hiring in US turning sour, while wages for job changers accelerating
According to the latest data, US private employers added 44,000 new jobs in July, according to an ADP Research report. The modest headline number by itself does not tell.
Gold Breaks $4300: Strongest Growth in Six Months on Hopes for Hormuz Deal
Today, gold has risen by 1 percent to $4,287.95, briefly gaining 1.3 percent and testing $4,300. This continues the largest increase in six months following a 4.1 percent jump.
Iran and Oman Agree on Route Through Hormuz — Oil Falls to $75 for WTI
Yesterday, Iran announced that it had reached an agreement with Oman regarding a proposed shipping route through the Strait of Hormuz, which could be a step towards resuming operations.
Email Subscription
Do you want to receive Forex analytics newsletter to your email?
Subscribe to analytics newsletter and get fresh daily reviews prepared by InstaSpot professional analysts. You can choose which type of analysis and from what analysts you wish to recieve to your email address daily. Be on top of the Forex market events with InstaSpot!
Trading Recommendations for the Cryptocurrency Market on August 6
Bitcoin and Ethereum gained significantly yesterday. Bitcoin was primarily driven by large wallets, but there were also purchases of Ethereum by big players, as evidenced by small inflows into spot.
Stock market on August 6: S&P 500 and NASDAQ retreat from highs
Yesterday, stock indices ended mixed. The S&P 500 fell by 0.17%, while the Nasdaq 100 declined by 0.83%. The Dow Jones Industrial Average, however, gained 0.49%. The MSCI All Country.
USDJPY: Simple Trading Tips for Beginner Traders for August 6. Review of Yesterday's Forex Trades
The price test at 157.67 occurred when the MACD indicator had just begun to move downward from the zero mark, confirming the correct entry point to sell the dollar.
GBPUSD: Simple Trading Tips for Beginner Traders for August 6. Review of Yesterday's Forex Trades
The price test at 1.3468 occurred when the MACD indicator had moved well above the zero mark, limiting the pair's upside potential. For this reason.
EURUSD: Simple Trading Tips for Beginner Traders for August 6. Review of Yesterday's Forex Trades
The price test at 1.1545 coincided with the MACD indicator just beginning to move upward from the zero mark, which confirmed the correct entry point for buying the euro.
Arthur Hayes: AI sector headed for crash, while Bitcoin could rise to $1 million
Bitcoin and Ethereum are still going through a correction, which could take quite a long time. Over the past month and a half, Ethereum and Bitcoin have managed a modest.
Markets await clarity as Wall Street records contrast with Asia's mixed signals
Asian markets showed mixed dynamics on Tuesday, with South Korea's KOSPI and Japan's Nikkei 225 eventually losing ground despite a powerful overnight rally on Wall Street, where the Dow Jones.
Trading Signals for Ethereum (ETH) on August 6-8, 2026: buy above $1,875 (21 SMA - 3/8 Murray)
If Ethereum continues to rise, the next resistance levels are around $1,937 and $1,973, and finally the $2,000 level; therefore, we will look for buying opportunities in the coming days.
Trading Signals for OIL on August 6-8, 2026: buy above $73.00 (21 SMA - 4/8 Murray)
The Eagle indicator is showing a positive signal for crude oil, so we will look for buying opportunities in the event of a pullback toward $73 or $71—both levels could.
Show more
We present to you the daily updated section of market analysis prepared by professional analysts of InstaSpot Company. Each of the specialists represented in this section, carries out analytical reviews in accordance with his/her vision of the current situation on foreign exchange and other markets. However, the outlooks below are only recommendations and not instructions to any actions; they contain analysis of the current situation on the currency market. In some cases the analysts' opinions to changes in the current market situation can differ, in this way, we recommend you to follow the publications of only one analyst, who in your view most clearly and correctly evaluates the situation on the international Forex market.
