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The market remained stagnant despite the obvious oversold condition of dollar.
Partly due to the completely empty macroeconomic calendar, traders saw a purely horizontal movement, which may continue today as upcoming statistics, according to forecasts, will come out mixed. Retail sales may show a slowdown from 1.6% to 1.1%, while industrial production may accelerate from 0.2% to 0.5%. The data offset each other, so the market situation will not change.
EUR/USD demonstrated a local stagnation, resulting in the update of the medium-term trend's high. But despite minor price changes, the upward momentum continues, which may lead to an increase in the volume of long positions.
GBP/USD managed to partially recover its value after the previous retracement. The upper range of the psychological level of 1.3000/1.3050 serves as important support, so in the case of further growth, an update of the local high may be seen in the medium term.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
