Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
There are very few macroeconomic events scheduled for Monday. The only somewhat interesting reports will come from Germany. Retail sales and inflation data for March will be released. However, we'd like to remind you that Germany is just one of 27 countries in the European Union, so EU-wide indicators are naturally much more important for the euro. Nevertheless, German inflation data allows for a relatively accurate forecast of eurozone inflation overall. The Consumer Price Index is expected to remain at 2.3% for March.
There are no significant fundamental events scheduled. No speeches from central bank representatives of the EU, UK, or US are planned. No other fundamental developments are expected either. As a result, Monday is shaping up to be quite uneventful. However, let's not forget that Donald Trump remains the market's most powerful driver. Last Thursday, he imposed tariffs on car imports, and on April 2, he may introduce an additional package of tariffs against several countries around the world, mainly targeting the European Union.
On the first trading day of the new week, both currency pairs may resume the declines that have been building over recent weeks. However, the upcoming week will be filled with significant news and data releases, so traders won't be able to ignore everything. On top of that, Donald Trump is planning to "liberate America." Presumably from unfair treatment — but in practice, this means new tariffs. In short, both currency pairs may experience significant volatility in the week ahead.
Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders.
Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading.
MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals.
Important speeches and reports, which are consistently featured in the news calendar, can significantly influence the movement of a currency pair. Therefore, during their release, it is advisable to trade with caution or consider exiting the market to avoid potential sharp price reversals against the prior trend.
Beginners in the Forex market should understand that not every transaction will be profitable. Developing a clear trading strategy and practicing effective money management are crucial for achieving long-term success in trading.
*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।