empty
 
 
Back Forecast
analytics6894810b81f01.jpg
Back Forecast
Level and Target Adjustments for the U.S. Session – August 7th
The euro and the Canadian dollar
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
The euro and the Canadian dollar were traded today using the Mean Reversion strategy, while the Australian dollar and Japanese yen were suitable for the Momentum strategy.Following the release of weak German industrial production data, which pointed to continued slowdown in the eurozone's largest economy, along with mixed trade balance figures, the euro faced pressure in the first half of the day. Despite this, the euro showed some resilience, likely supported by expectations of dovish signals from Federal Reserve officials.In
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Maxim Magdalinin
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In August we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback