EUR/USD. March 28th. Bears Retreat, but Haven't Surrendered
On Thursday, the EUR/USD pair rebounded from the 161.8% Fibonacci retracement level at 1.0734 and rose to the resistance zone of 1.0781–1.0797. A rebound from this zone would favor.
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GBP/USD – March 27th: Inflation Undermines the Pound
On the hourly chart, the GBP/USD pair continued its decline on Wednesday, nearly reaching the 1.2865 level—missing it by just a few points. There was also no rebound from.
EUR/USD. March 25th. A Dull Week Ahead
On Monday, the EUR/USD pair rebounded from the 200.0% Fibonacci retracement level at 1.0857, reversed in favor of the U.S. dollar, and declined toward the support zone of 1.0781–1.0797.
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GBP/USD. March 24th. The British Pound Starts the New Week at Full Speed
On the hourly chart, the GBP/USD pair continued its decline on Friday and even consolidated below the 1.2931 level. However, the drop was short-lived, as the bears on the pound.
EUR/USD. March 20th. Bears Failed to Regain Control Once Again
On Wednesday, the EUR/USD pair rebounded from the 1.0944 level for the third time and reversed in favor of the U.S. dollar, declining toward the 200.0% Fibonacci level at 1.0857.
GBP/USD. March 19th. The British Pound Prepares for a Decline
On the hourly chart, the GBP/USD pair rallied to the 127.2% Fibonacci retracement level at 1.3003 on Tuesday, encountering two rejections at this level. As a result, a reversal.
EUR/USD – March 17th: Traders Take a Break as Trump Remains Silent
On Friday, the EUR/USD pair continued trading sideways. Currently, quotes remain above the 200.0% Fibonacci level at 1.0857, but this holds little significance as there are no signals or strong.
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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.
