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USDCAD, Bearish Pressure | 19th Jan 2022

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Forex Analytical Reviews

Hot forecast

Red-hot forecast for GBP/USD on January 18, 2022

The pound sterling is so much overbought that even the bank holiday in the US did not hinder its decline, albeit a minor one. Today.

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Hot forecast for EUR/USD on 01/17/2022

The EURUSD currency pair, after an intensive upward movement, switched to correction mode, returning the quote to the previously passed value of 1.1400. Based on the price behavior, there.

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Hot forecast for GBP/USD on 01/14/2022

Given what the forecasts were according to US statistics, it is quite logical to expect the pound’s succeeding growth. Which is basically what happened. That’s just what happened.

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Hot forecast for EUR/USD on 01/13/2022

Inflation in the United States, although it is growing, is doing it slower than expected, which for the market, which managed to scare itself with the prospect of raising.

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Hot forecast for GBP/USD on 01/12/2022

The pound cannot calm down in any way and continues to persistently go up, although this is already happening largely due to speculation about the actions of the Federal Reserve.

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Hot forecast for EUR/USD on 01/11/2022

In general, there is nothing surprising in the fact that the market ignored the data on the unemployment rate in Europe, which fell from 7.3% to 7.2%. After the market.

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Breaking forecast for GBP/USD on January 10

The US NFP report stirred up market activity. The pound sterling resumed an upward movement immediately after its release. It was rather strange given that unemployment dropped to 3.9% from.

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Breaking forecast for GBP/USD on December 30

A sharp surge in new cases of coronavirus in the United States has affected movements of many currency pairs on Forex. This topic is likely to largely influence the market.

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Breaking forecast for EUR/USD on December 29

On Tuesday, the euro had been dropping for the whole day. The pound sterling began moving only after the opening of the US trade. Notably, the Christmas holiday.

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Hot forecast for GBP/USD on 12/28/2021

The continuing holidays in the UK are not an obstacle for the pound, which still continues to grow, albeit not as much as last week, and all this only confirms.

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Hot forecast for EUR/USD on 12/23/2021

The single European currency has shown pretty good growth, despite the fact that there was no real reason for this, unless you take into account the fact that it returned.

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Hot forecast for GBP/USD on 12/22/2021

The market has smoothly entered stagnation, and even the GDP data for the third quarter will not be able to somehow revive it, since investors will not see anything.

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Hot forecast for GBP/USD on 12/21/2021

After the European and British currencies had an exemplary rebound relative to Friday’s collapse, the market gradually went into a pronounced horizontal movement, which could last right up to Thursday.

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Hot forecast for EUR/USD on 12/20/2021

If we rely on the macroeconomic statistics published on Friday, then everything started quite calmly for the single European currency. The final data on inflation completely coincided with the preliminary.

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Hot forecast for GBP/USD on 12/17/2021

The Bank of England’s unexpected decision gave the pound a good boost of optimism, which can be supported by today’s data on retail sales in the United Kingdom, the decline.

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Breaking forecast for GBP/USD, December 16, 2021

Following the results of the FOMC meeting, almost all parameters of the monetary policy remained unchanged. The regulator only trimmed the quantitative easing program by another $30 billion. Market participants.

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Breaking forecast for GBP/USD on December 15, 2021

As expected, the UK unemployment rate dropped to 4.2% from 4.3%, whereas the growth pace in the average earnings index slackened less than anticipated. Thus, the indicator increased by 4.3%.

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Hot forecast for GBP/USD on 12/14/2021

After minor fluctuations, the pound has returned to the positions it was at before the inflation data in the United States was published, and, apparently, today it will grow again.

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Breaking forecast for GBP/USD for December 13, 2021

The market has been speculating on the possibility of unexpected interest rate hikes by the US Federal Reserve for almost a month. It has even drawn direct parallels with.

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Hot forecast for EUR/USD on 12/10/2021

Only weak data on repeated applications for unemployment benefits were able to stop the weakening of the single European currency, but apparently only for a while, and the rise.

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Hot forecast for GBP/USD on December 9, 2021

One gets the feeling that investors simply do not believe in the pound, because there is simply no other explanation for its confident decline, because rather macroeconomic statistics indicate.

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We present to you the daily updated section of market analysis prepared by professional analysts on behalf of InstaForex. 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.

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