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
26.03.2025 07:03 AM
What to Pay Attention to on March 26? A Breakdown of Fundamental Events for Beginners
Open trading account Open demo account

Analysis of Macroeconomic Reports:

This image is no longer relevant

Very few macroeconomic events are scheduled for Wednesday, and only one important report is expected. The UK will release what may seem like a significant inflation report. Inflation remains a key factor for the Bank of England when determining the parameters of its monetary policy. However, only the second estimate for February will be published today, and the second estimates rarely differ from the first. As Andrew Bailey noted last week, inflation in the UK continues to rise and may increase even further. Therefore, regardless of the actual CPI figure, there is little reason to expect a sharp drop in the pound based on this report. In the U.S., a report on durable goods orders will be released today. Since this category of goods is relatively expensive, it offers insight into American consumers' willingness to make high-cost purchases.

Analysis of Fundamental Events:

This image is no longer relevant

Among Tuesday's fundamental events were Federal Reserve officials Neel Kashkari and Alberto Musalem's speeches. However, the last Fed meeting occurred just last week, and Jerome Powell clearly outlined the central bank's position for the coming months. It is unlikely that Kashkari or Musalem will add anything new. In any case, the Fed's monetary policy currently holds little weight with traders. They continue to focus solely on Trump and his trade policy.

General Conclusions:

During the third trading day of the week, both currency pairs may continue the downward movement that has been building over recent weeks. Both pairs have settled below their ascending channels, and the Fed's stance allows the dollar to reclaim some of its unjustly lost ground. Of course, no one knows when Trump will announce new trade tariffs or what they will look like, but even this factor cannot endlessly provoke a decline in the dollar. At present, the British pound is more inclined toward flat trading than toward a downward correction.

Key Rules for the Trading System:

  1. Signal Strength: The shorter the time it takes for a signal to form (a rebound or breakout), the stronger the signal.
  2. False Signals: If two or more trades near a level result in false signals, subsequent signals from that level should be ignored.
  3. Flat Markets: In flat conditions, pairs may generate many false signals or none at all. It's better to stop trading at the first signs of a flat market.
  4. Trading Hours: Open trades between the start of the European session and the middle of the US session, then manually close all trades.
  5. MACD Signals: On the hourly timeframe, trade MACD signals only during periods of good volatility and a clear trend confirmed by trendlines or trend channels.
  6. Close Levels: If two levels are too close (5–20 pips apart), treat them as a support or resistance zone.
  7. Stop Loss: Set a Stop Loss to breakeven after the price moves 15–20 pips in the desired direction.

Key Chart Elements:

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.

Paolo Greco,
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
Technical analysis
USD/JPY Forecast for May 8, 2025 USD/JPY The daily chart shows that the price is reversing downward from the green price channel lines. The first such reversal occurred on May 2, marked by a red arrow
Laurie Bailey
05:09 2025-05-08 +02:00
1015
Trading plan
Trading Recommendations and Analysis for GBP/USD on May 8: The Pound Sees No Reason to Panic On Wednesday, the GBP/USD currency pair continued trading within a sideways channel, clearly visible on the hourly timeframe. There was virtually no movement throughout the day, and no fundamental
Paolo Greco
04:19 2025-05-08 +02:00
1105
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

GBP/USD Overview – May 8: The Tesla Crisis as the Apex of Trump's Policy

The GBP/USD currency pair traded relatively calmly for most of Wednesday despite the evening FOMC meeting. As per our usual approach, we won't be analyzing the results of that meeting
Paolo Greco 03:39 2025-05-08 UTC+2

EUR/USD Overview – May 8: A First Step Toward De-escalation?

The EUR/USD currency pair continued to trade sideways for most of Wednesday. There was a minor upward movement, but as a reminder, the pair has now been range-bound for three
Paolo Greco 03:39 2025-05-08 UTC+2

EUR/USD: Awaiting the Geneva Meeting

The EUR/USD pair continues to trade within a narrow price range ahead of announcing the Federal Reserve's May meeting results. Although the outcome is largely predetermined (the central bank
Irina Manzenko 00:47 2025-05-08 UTC+2

The Dollar Initiates Talks

Can the Fed Take the Spotlight? Or will the White House's tariff policy continue to overshadow the central bank's actions? The upcoming FOMC meeting and the start of U.S.–China negotiations
Marek Petkovich 00:47 2025-05-08 UTC+2

Commodity Currencies Decline Ahead of FOMC Meeting: NZD/USD Overview

The labor market report from New Zealand, published on Wednesday, is the last major release before the RBNZ meeting at the end of May. Notably, instead of clarifying the outlook
Kuvat Raharjo 00:47 2025-05-08 UTC+2

The Fed to Hold Rates Despite Pressure

The euro and the pound remain range-bound ahead of a key meeting of the U.S. Federal Reserve, where officials are expected to leave interest rates unchanged as they await clarity
Jakub Novak 19:49 2025-05-07 UTC+2

USD/JPY. Analysis and Forecast

Today, the Japanese yen reached a new daily low, which contributed to the rise of the USD/JPY pair to nearly the 143.50 level. This increase is driven by positive global
Irina Yanina 19:33 2025-05-07 UTC+2

NZD/USD. Analysis and Forecast

The NZD/USD pair is pulling back from a more than two-week high in the 0.6025–0.6030 level. Currently, the quotes have fallen below the psychological level of 0.6000, signaling a pause
Irina Yanina 19:31 2025-05-07 UTC+2

U.S. Trade Deficit Hits Record High in March

The euro responded with an increase following the news that the U.S. trade deficit rose to a record level in March this year, as companies rushed to import goods, including
Jakub Novak 10:48 2025-05-07 UTC+2

Markets Will Not Be Dictated To

The market's eyes have finally opened. Donald Trump is not the kind of president who would lower tariffs in response to reciprocal reductions from other countries. The occupant
Marek Petkovich 09:56 2025-05-07 UTC+2

Top analytics

Relevance up to 20:00 2025-05-08 UTC--4
Trading Recommendations and Analysis for GBP/USD on May 8: The Pound Sees No Reason to Panic
04:19 2025-05-08
Trading plan
Relevance up to 20:00 2025-05-08 UTC--4
Trading Recommendations and Analysis for EUR/USD on May 8: All the Excitement Is Behind Us
04:18 2025-05-08
Trading plan
Relevance up to 09:00 2025-05-12 UTC--4
The Dollar Initiates Talks
00:47 2025-05-08
Fundamental analysis
Relevance up to 05:00 UTC--4
EUR/USD: Awaiting the Geneva Meeting
00:47 2025-05-08
Fundamental analysis
Relevance up to 11:00 2025-05-12 UTC--4
Commodity Currencies Decline Ahead of FOMC Meeting: NZD/USD Overview
00:47 2025-05-08
Fundamental 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.