ہمارے ٹیم میں 7000000 سے ذائد تاجران شامل ہیں
ہم تجارت کی بہتری کے لئے ہر روز اکھٹے کام کرتے ہیں اور بہترین نتائج حاصل کرتے ہوئے آگے کی جانب بڑھتے ہیں
دُنیا بھر سے سے لاکھوں ہمارے بہترین کام کو سند عطاء کرتے ہیں آپ اپنا انتحاب کریں باقی ہم آپ کی توقعات پر پورا اترنے کے لئے اپنی بہترین کوشش کریں گے
ہم مل کر ایک بہترین ٹیم بناتے ہیں
انسٹا فاریکس آپ سے کام کرتے ہوئے فخر محسوس کرتا ہے
ایکٹر - یو سی ایف 6 ٹورنامنٹ چیمپین اور واقعی ہیرو
ایک فرد کے جس نے اپنا آپ منوایا ہے وہ فرد کہ جو ہماری راہ پر چلا ہے.
ٹکٹا روو کی کامیابی کا راز یہ ہے کہ وہ اپنے اہداف کی جانب مسلسل بڑھتا رہتا ہے
اپنے ہنر یا ٹیلنٹ کے تمام پہلو آشکار کررہے ہیں
پہچانیں ، کوشش کریں ، ناکام ہوں لیکن کبھی نہ رُکیں
انسٹا فاریکس آپ کی کامیابی کی کہاں یہاں سے شروع ہوتی ہے
The euro's slide was so relentless that a pause was bound to happen sooner or later. Euro bulls found the strength to hold onto support at 1.076 and attack. Germany's blue-chip DAX index hitting a new record high supported the euro. Thanks to the German and euro area economies avoiding a recession, gas prices falling, and China recovering from the pandemic, the stock market is posing gains. However, will this be enough to stop a pullback in the main currency pair?
Dynamics of Germany's DAX
Morgan Stanley believes this is not enough. The company points out fears about lower demand for loans in the euro area. In this case, inflation will slow down faster than expected, and recession risks will appear again. As a result, Christine Lagarde and her colleagues will no longer need to lift the deposit rate to 3.75%. Its peak will be lower. This will dampen demand for EUR/USD and trigger a sell-off towards 1.03.
This factor will come as a surprise and could deal a serious blow to the regional currency. In the meantime, the main currency pair is losing ground as the probability that the Fed will ease its monetary policy in September has dropped to 27%, while the probability of a rate hike in June has increased to 40%.
Fed Rate Probabilities for June
Several FOMC members have spoken in favor of the latter scenario. In particular, Dallas Fed President Lorie Logan noted that the case for pausing interest rate increases at the Fed's June meeting isn't yet clear. The slowdown in inflation in recent months has been mainly due to lower energy prices. The labor market remains strong, so there are no guarantees that inflation will confidently move towards the 2% target.
St. Louis Federal Reserve Bank President James Bullard assumes that the disinflation process is slower than desired. Therefore, it would be a wise decision for the regulator to play it safe and raise borrowing costs by another 25 basis points to 5.5%. According to his colleague, Atlanta Fed President Raphael Bostic, if the rate is not lifted in June, it will be raised in July. Everything will depend on statistics, he added.
Strong macroeconomic indicators and the Fed's hawkish rhetoric are an explosive mixture. Against this background, the EUR/USD pair collapsed to its lowest level since late March. However, gains in European equity markets and expectations that Jerome Powell would be less aggressive in his speech on May 19 allowed the euro to return above $1.08.
From a technical point of view, the EUR/USD pair managed to find a bottom on the daily chart thanks to the pivot point of 1.076. Thus, the target level for short positions from 1.101 was achieved. To resume an uptrend, the market needs strong signals, including the test of moving averages. As long as there are no such signals, the pair will most likely keep pulling back. So, the best way to make a profit is to sell the euro on rebounds from the resistance levels of 1.0835 and 1.087.
*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.