EUR/USD – October 15: The Euro Remains Under Pressure
On Wednesday, the EUR/USD pair reversed in favor of the euro and recovered toward the 127.2% Fibonacci retracement level at 1.1220. A rebound from this level today would bring.
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EUR/USD – Smart Money Analysis: US Inflation Puts Further Pressure on the Euro
The EUR/USD pair has declined for 25 consecutive days, with only brief pauses. During this period, the euro has lost 530 points. The decline began more than a month.
GBP/USD – Smart Money Analysis: Awaiting US Inflation Data
The GBP/USD pair was in a near-free fall for eleven days, but for the third consecutive week, bulls have been putting up desperate resistance against bears, preventing them from advancing.
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GBP/USD – October 13: The Pound Remains Under Pressure
On the hourly chart, GBP/USD reversed in favor of the US dollar on Monday and began another decline within the horizontal level of 1.3177–1.3272. A rebound from the 1.3164–1.3177 support.
EUR/USD — October 12: The Euro Weakens at the Start of the Week
On Friday, EUR/USD once again consolidated below the 127.2% retracement level at 1.1220, opening the way for a further decline toward the 1.1081–1.1086 support level. A new consolidation above 1.1220.
GBP/USD – Smart Money Analysis: The Pound Remains Under Pressure
The GBP/USD pair spent eleven days in an almost uninterrupted decline, but for the past two weeks, bulls have been putting up desperate resistance against bears, preventing them from advancing.
EUR/USD – Smart Money Analysis: The Euro Continues to Face Downward Pressure
The EUR/USD pair has been declining for the 21st consecutive day, apart from several brief pauses. During this period, the euro has lost 470 points. The decline in the European.
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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.
