instaforex.com

Trading plan for 14/07/2017:It was a quiet overnight Asian session with no major price movements. The strongest currencies are AUD (0.16%) and GBP (0.15%). On the other side of the table is the yen, which is down -0.13% against USD. Crude oil has slowe…

Read More

The euro could not stay for long in the region of 14-month highs and has hit the wave of profit-taking on longs after rumors circulated in the market that the ECB could follow the Fed in slowing down the process of normalizing monetary policy amid dete…

Read More

The Dollar index remains above the recent lows at 95.50 although the chances of breaking the lows are high. The trend remains bearish. Breaking below 95.50 will open the way for a move towards 94.70.Red line – resistanceBlue line- supportThe Dollar ind…

Read More

The Gold price bounced towards the upper channel boundary and resistance area of $1,230 and got rejected. The price has turned back lower towards $1,215. Gold bulls need to break above $1,230 in order to confirm that an important low is in.Blue lines -…

Read More