- Technical analysis of USD/CAD for September 03, 2018 (https://www.instaforex.com/forex_analysis/123042/?x=MTJC)09/03/2018Overview: The USD/CAD pair continues to move downwards from the level of 1.3094. The pair dropped from the level of 1.3094 to the bottom around 1.2893 then set around the spot of 1.3048. Today, the first resistance level is seen at 1.3094 followed by 1.3132, while daily support 1 is seen at 1.2974. According to […]
- Technical analysis of EUR/USD for September 03, 2018 (https://www.instaforex.com/forex_analysis/123038/?x=MTJC)09/03/2018Overview: Pivot : 1.1612.The EUR/USD pair will continue to rise from the level of 1.1612. The support is found at the level of 1.1612, which represents the 78.6% Fibonacci retracement level in the H1 time frame. The price is likely to form a double bottom. Today, the major support is seen at 1.1612, while immediate […]
- Forecast for USD/JPY as of September 3, 2018 (https://www.instaforex.com/forex_analysis/213161/?x=MTJC)09/03/2018USD/JPYOn Friday, the yen was recovering from a significant drop on Thursday, but today in the Asian session it sharply went down on a new round of intrigues between the US and Canada. Apparently, the conclusion of the signing of NAFTA is postponed for a month, and this is only in the best case. At […]
- Forecast for EUR/USD as of September 3, 2018 (https://www.instaforex.com/forex_analysis/213165/?x=MTJC)09/03/2018EUR / USD On Friday, the euro moved toward the main scenario - a decline. On the daily chart, the price under the balance indicator line went down, than the market stabilize, respectively, shifted to the bearish side. On the 4-hour chart the price was fixed both under the balance line and under the blue […]
- Trading plan for 03/09/2018 (https://www.instaforex.com/forex_analysis/123016/?x=MTJC)09/03/2018On Monday, the 3rd of September, the event calendar is light in important data releases. The main data releases will occur form the Eurozone and the UK in form of PMI Manufacturing. Two speeches are scheduled for today form ECB's Jens Weidmann and FOMC Member Charles Evans.On Monday's session, the markets will lack traders from […]
- Global macro overview for 03/09/2018 (https://www.instaforex.com/forex_analysis/123014/?x=MTJC)09/03/2018This week there will be key data in the discussion surrounding the future of trade wars. The new round of tariffs imposed by the US on Chinese goods may worsen sentiment in the markets. In addition, PMI / ISM indicators will be used to assess the condition of the global economy. Traditionally, at the beginning […]
- Ichimoku cloud indicator analysis of EUR/USD for September 3, 2018 (https://www.instaforex.com/forex_analysis/123012/?x=MTJC)09/03/2018EUR/USD has pulled back towards 1.16 and lower as we expected. Price is now challenging important short-term cloud support. This pull back could already be over and we could see another leg higher starting in EUR/USD. For this to be true price will need to break above the cloud and stay above it.EUR/USD has short-term […]
- Ethereum analysis for 03/09/2018 (https://www.instaforex.com/forex_analysis/123010/?x=MTJC)09/03/2018Ethereum's developers, during a regular YouTube meeting, decided to delay the "Difficulty Bomb" by agreeing to incorporate the code of this change into the upcoming Constantinople.One of the main goals of the Ethereum Foundation is the adoption of a new consensus algorithm - Proof of Stake (PoS). In order to implement it, the developers have […]
- Technical analysis of Gold for September 3, 2018 (https://www.instaforex.com/forex_analysis/123008/?x=MTJC)09/03/2018Gold price remains in a short-term trend reversal phase having made an important low at $1,159. Price is making higher highs and higher lows. Gold has still potential to reach $1,220-30 as long as it holds above $1,195.Black lines -wedge patternBlue line -short-term supportRed line - short-term resistanceGold price has short-term support at $1,200-$1,195. Resistance […]
- Bitcoin analysis for 03/09/2018 (https://www.instaforex.com/forex_analysis/123006/?x=MTJC)09/03/2018According to an official patent document, the American trading giant Walmart filed a request to the US Patent Office (USPTO) for patenting the Blockchain system for deliveries. The new patent aims to provide a technology enabling the "authentication of autonomous electronic devices in the field" to ensure safe deliveries."For example, two independent electronic devices, such […]