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No macroeconomic reports are scheduled for Monday. Therefore, the macroeconomic background will not influence the movement of either currency pair. In any case, macroeconomics currently means very little to traders. Last week, the dollar repeatedly fell without any valid reasons, often triggered by superficial factors or new sanction-related decisions from Trump.
Among Monday's fundamental events, European Central Bank President Christine Lagarde's speech is the only one worth noting. However, as mentioned before, central bank speeches currently have no impact on the market since the policy stance and direction of central banks are already fully understood, and the market is trading solely on the Trump factor. Even if Christine Lagarde were to announce the ECB's readiness to cut the key rate to zero, it would hardly affect anything.
We believe that the trade war remains the only factor that matters to the market—even though it's slowly de-escalating, it continues. Donald Trump keeps announcing the signing of trade agreements, but this information offers little support to the dollar. The dollar's decline may continue if Trump starts imposing new tariffs or raising existing ones or fails to finalize trade agreements with most countries—precisely what we saw last week.
The dollar may continue falling without new tariffs simply because the market's sentiment toward the U.S. President and his policies remains extremely negative.
On the first trading day of the new week, both currency pairs may move in either direction. The uptrend remains intact for both pairs, while the dollar continues to fall for any reason — or even without one. A correction may occur on Monday, but the overall trend and market sentiment will remain unchanged. Trading should still be conducted based on key levels.
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.
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*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
El par de divisas EUR/USD se encuentra en un "crecimiento libre" (por analogía con el concepto de "caída libre"). El dólar vuelve a precipitarse al abismo, tal como advertimos
El par de divisas EUR/USD durante el miércoles finalmente se calmó. Recordemos que esta semana comenzó con una tormenta, provocada, por supuesto, por Trump, quien primero anunció un alto
El par de divisas GBP/USD continuó también su movimiento ascendente durante el martes. Si desea conocer solo una pequeña parte de las razones de la nueva caída de la moneda
El par de divisas GBP/USD también se negoció de forma bastante tranquila durante el lunes. Por supuesto, no faltaron los "movimientos bruscos", pero muchos traders y analistas esperaban un movimiento
El par de divisas EUR/USD se negoció con una calma extrema considerando el trasfondo fundamental que los traders tenían a su disposición ya desde el fin de semana. Recordemos
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