INSTAFOREX analytics

Gold managed to reach the $1350 area with an impulsive non-volatile bullish pressure and formed Double Top pattern. It may pull the price down towards $1300-1320 support area. Gold pushed...

The euro managed to assert strength against the greenback residing above the 1.1300 area with a daily close. The weak NFP report supported the gains of the euro. Nevertheless, the...

The absence of any new picks between the United States and China against the backdrop of a global trade war has somewhat reassured financial markets. On this wave, stock markets...

USD/JPY has been consolidating and struggling at near 108.50 following an impulsive non-volatile bearish trend since the bullish rejection off 112.00 resistance area with a daily close. On Friday, investors...

Crypto Industry News:The president of the US Securities and Exchange Commission Jay Clayton said that the regulator must feel comfortable in connection with the supervision of cryptocurrencies and ensure that...

Crypto Industry News:The research company CoinShares in its semi-annual mining report estimates that 74.1% of Bitcoin output is currently powered by renewable energy.The report also states that "at current prices,...

Technical Market Overview:The GBP/USD pair made a quick dip below the technical support at the level of 1.2668 and then bounced slightly, but not for long as well. The bears...

Technical Market Overview:The EUR/USD pair did not move much as the bulls have pushed the price a little bit higher again and now are consolidating the recent gains. Nevertheless, there...

Technical outlook:We have presented the daily chart view for EURUSD as the single currency pair remains unchanged around 1.1310/15 levels at this moment. It has developed a doji candlestick pattern...