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Weekly and Monthly Markets Forecasts by Instaforex Nigeria
Instaforex Nigeria provides our traders with weekly and monthly Forex market forecasts to help in Forex trading decisions.
The Pound Sterling sellers regained poise as the United States Dollar (USD) resumed its recovery. This dragged the GBP/USD currency pair under the 1.2600 round level. The major…
Gold price climbed above $1,980 for the first time in two months within last week. Though it failed to preserve its bullish momentum. The Federal Reserve’s (Fed) policy…
EUR/USD continued to draw strong support from 55 D EMA (now at 1.0859) last week even though it is still bounded in range below 1.1011. In this article,…
AUD/USD’s steep decline last week mixed up the near term outlook. But for now, further fall is in favor this week as long as 0.6740 minor resistance holds.…
USDCAD declined to as low as 1.3312 last week but lost momentum ahead of 1.3299 support. Initial bias is turned neutral this week first. In this article, we’ll…
Pound Sterling sellers flexed their muscles amid persistent demand for the safe-haven US Dollar, as the uncertainty over the US debt-ceiling issue sapped investors’ confidence. GBP/USD extended its corrective…
Gold prices reached the record high area early last Thursday after the FOMC meeting, hitting $2,075 before correcting lower, with the decline accelerating after the release of the…
EUR/USD stayed in consolidation below 1.1075 last week and outlook is unchanged. In this article, we’ll detail EUR/USD Weekly Technical Forecast for Week 17, 2023. EUR/USD Technical Outlook…