empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
15.10.2020 01:46 PM
US Dollar Index and the "main" cross-instrument EUR/GBP - h4. Comprehensive analysis of APLs & ZUP traffic options from October 16, 2020
Open trading account Open demo account

Operational scale Minute (h4 timeframe )

Second half of October - the dollar index #USDX and the GBP in the h4 timeframe - What's next? - Review of traffic options from October 16, 2020

____________________

US Dollar Index

The development of the movement of the dollar index #USDX from October 16, 2020 will continue in the equilibrium zone (92.72 - 93.30 - 93.88) forks of the operational scale Minute, taking into account the development and direction of the breakdown of the range:

  • resistance level 93.75 on the lower border of the channel 1/2 Median Line operating scale forks Minuette
  • support level 93.60 on the initial line SSL operating scale forks Minuette

The breakdown of the resistance level of 93.75 - continued development of the movement #USDX within the boundaries of the channel 1/2 Median Line Minuette (93.75 - 94.00 - 94.25) with the prospect of reaching the lower border ISL38.2 (94.65) zone equilibrium fork operational scale Minuette and c, then updating the local maximum 94.71.

A joint breakdown of the support level of 93.75 on the initial SSL fork line of the Minuette operational scale and the Median Line Minute (93.30) will make it relevant to develop the movement of the dollar index towards the goals:

- LTL Minuette control line (93.05);

- local minimum 92.98;

- lower limit ISL61.8 (92.72) of the fork equilibrium zone of the operational scale Minute;

- the ultimate Shiff Line Minuette (92.50).

This image is no longer relevant

___________________

Euro vs Great Britain Pound

The movement of the "main" cross-instrument EUR/GBP from October 16, 2020 will also occur in the equilibrium zone (0.8965 - 0.9018 - 0.9070) forks of the operational scale Minute depending on the working out and direction of the range breakdown:

  • resistance level is 0.9136 on the initial SSL line of the operating scale fork Minuette
  • support level is 0.9090 on the Median Line of the operating scale fork Minute

A breakdown of the Median Line Minute - support level 0.9018 - followed by a breakdown of the LTL control line (0.9010) of the Minuette operating scale forks - will determine the development of a downward movement of EUR/GBP to the lower border of ISL61.8 (0.8965) of the equilibrium zone of the Minute operating scale forks with the prospect of reaching the local minimum 0.8865.

If the resistance level of 0.9060 is broken, the movement of the "main" cross-instrument will continue in the channel 1/2 Median Line Minuette (0.9060 - 0.9075 - 0.9090) with the possibility of reaching the boundaries of the equilibrium zone (0.9110 - 0.9135 - 0.9161) a fork of the Minuette operational scale.

This image is no longer relevant

____________________

The review is compiled without taking into account the news background, the opening of trading sessions of the main financial centers and is not a guide to action (placing "sell" or "buy" orders).

Ratu Taslim,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Fundamental analysis
USD/CAD. Analysis and Forecast The USD/CAD pair is showing a modest recovery from levels below 1.3600, retracing most of the previous day's losses, supported by a rebound in the U.S. dollar. In addition, concerns
Irina Yanina
13:09 2025-06-13 +02:00
2680
Fundamental analysis
AUD/JPY. Analysis and Forecast The AUD/JPY pair has been under selling pressure for the third consecutive day, reaching an almost two-week low around 92.30 during Friday's Asian session. After a sharp drop, spot prices
Irina Yanina
12:53 2025-06-13 +02:00
2185
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Forecast for EUR/USD on June 13, 2025

On Thursday, the EUR/USD pair continued its upward movement and consolidated above the 100.0% Fibonacci retracement level at 1.1574. However, during the night, a sharp reversal occurred in favor
Samir Klishi 11:52 2025-06-13 UTC+2

Forecast for GBP/USD on June 13, 2025

On the hourly chart, the GBP/USD pair on Thursday rebounded from the 1.3520 level, surged to the resistance zone of 1.3611–1.3620, bounced off it twice, and then fell back
Samir Klishi 11:49 2025-06-13 UTC+2

EUR/USD. June 12. A Setback for the Dollar

Good day, dear traders! On Wednesday, the EUR/USD pair continued its upward movement after rebounding from the support zone of 1.1374–1.1380. It successfully consolidated above the 76.4% Fibonacci retracement level
Samir Klishi 10:15 2025-06-12 UTC+2

GBP/USD. June 12. British Economy Falters

Good day, dear traders! On the hourly chart, on Wednesday, the GBP/USD pair reversed in favor of the British pound and consolidated above the 161.8% Fibonacci retracement level at 1.3520
Samir Klishi 10:15 2025-06-12 UTC+2

Technical Analysis of Daily Price Movement Crude Oil Commodity Instrument, Thursday June 12, 2025.

If we look at the daily chart of the Crude Oil commodity instrument, there appears to be a Divergence between the price movement of #CL and the Stochastic Oscillator indicator
Arief Makmur 08:10 2025-06-12 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday June 12, 2025.

On the 4-hour chart of the Nasdaq 100 index, there is a divergence between its price movement and the Stochastic Oscillator indicator, especially with the current confirmation of the price
Arief Makmur 08:10 2025-06-12 UTC+2

Trading Signals for EUR/USD for June 12-19, 2025: sell below 1.1500 (21 SMA - 8/8 Murray)

If the euro price falls below 1.1500 in the coming hours, this could be seen as an opportunity to sell. Technically, it appears overbought on the H4 chart and could
Dimitrios Zappas 05:33 2025-06-12 UTC+2

Trading Signals for GOLD (XAU/USD) for June 12-19, 2025: sell below $3,386 (21 SMA - 7/8 Murray)

The XAU/USD trend remains bullish as long as the price consolidates above 3,331. Therefore, it would be prudent to buy gold as long as the price consolidates above 3,359, where
Dimitrios Zappas 05:32 2025-06-12 UTC+2

EUR/USD Forecast for June 12, 2025

The U.S. inflation data released on Wednesday stirred the markets: the dollar index dropped by 0.47%, WTI oil surged by 5.54%, gold rose by 1.27%, and 5-year U.S. Treasury yields
Laurie Bailey 04:40 2025-06-12 UTC+2

GBP/USD Forecast for June 12, 2025

On Wednesday, the British pound successfully avoided a decline below technical support levels, reversing upward from them. The price rebounded from the MACD indicator line on the daily chart, while
Laurie Bailey 04:40 2025-06-12 UTC+2

Top analytics

Relevance up to 03:00 2025-06-15 UTC--5
Israeli Missile Strike on Iran Will Crash Global Markets (I Expect Bitcoin and #NDX to Resume Their Decline After a Local Upward Correction)
10:10 2025-06-13
Fundamental analysis
Relevance up to 07:00 2025-06-27 UTC--5
Trading Signals for GOLD for June 13-19, 2025: sell below 3,343 (21 SMA - 8/8 Murray)
14:12 2025-06-13
Technical analysis
USD/CAD. Analysis and Forecast
13:09 2025-06-13
Fundamental analysis
Relevance up to 03:00 2025-06-16 UTC--5
US Market: Israel strikes Iran's nuclear facilities. Market falls, oil and gold rise
11:59 2025-06-13
Stock Markets
Relevance up to 07:00 2025-06-18 UTC--5
Trading Signals for EUR/USD for June 13-19, 2025: buy above 1.1500 (21 SMA - 7/8 Murray)
14:14 2025-06-13
Technical analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.