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Forecast for GBP/USD on November 5, 2024
The British pound's upward momentum at the Monday open has reached the nearest target level of 1.2994. Now, the price is pulling back, aiming to close the gap. Support.
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Overview of EUR/USD on November 5; The Euro Restores Fair Value
The EUR/USD currency pair displayed a highly unusual move on Friday (as we noted over the weekend). To recap, key reports that the market had been anticipating all week (or.
Trading Recommendations and Analysis for GBP/USD on November 5; The Pound Still Struggles to Start a Correction
The GBP/USD currency pair traded without any clear direction on Monday, moving neither up nor down. The pair rose in the first half of the day while it fell.
Trading Recommendations and Analysis for EUR/USD on November 5; Euro Gradually Corrects
On Monday, the EUR/USD currency pair continued its upward movement, which is purely corrective. We had been anticipating this correction recently, though it was unclear when it would start. Nonetheless.
Trading Signals for EUR/USD for November 4-6, 2024: sell below 1.0935 (GAP - 3/8 Murray)
Early in the American session, the EUR/USD pair was trading around 1.0906, within the uptrend channel forming since October 24th, and below the 200 EMA. The instrument is about.
GBP/USD: Simple Trading Tips for Beginner Traders for November 4th (U.S. Session)
Review of Trades and Trading Tips for the British Pound The test of the 1.2970 price level occurred when the MACD indicator had already moved significantly below the zero mark.
EUR/USD: Simple Trading Tips for Beginner Traders for November 4th (U.S. Session)
Review of Trades and Trading Tips for the Euro The test of the 1.0911 price level occurred when the MACD indicator had already moved significantly above the zero mark, which.
GBP/USD: Trading Plan for the U.S. Session on November 4th (Review of Morning Trades). The Pound Failed to Break Above 1.2996
In my morning forecast, I highlighted the 1.2996 level and planned to make trading decisions from it. Let's look at the 5-minute chart and review what happened. The rise.
EUR/USD: Trading Plan for the U.S. Session on November 4th (Review of Morning Trades). The Euro Continues to Rise
In my morning forecast, I highlighted the 1.0886 level and planned to make trading decisions from it. Let's look at the 5-minute chart and see what happened. Although there.
Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/CHF, and US Dollar Index on November 4th
The direction of the short-term trend for the British pound since the end of August this year has been set by a bearish wave in the form of an extended.
Weekly Forecast Based on Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on November 4th
EUR/USD Analysis: In the short term, the main wave structure for the euro shows an upward trend that started in mid-April this year. Over the last two months, a correction.
Forecast for EUR/USD pair on November 4, 2024
On Friday, the EUR/USD pair fell by 50 points, which caused confusion among many. However, Monday brought clarity. The dollar began to fall right from the market's opening, correcting.
Trading Recommendations for the Cryptocurrency Market on November 4
Bitcoin and Ethereum have continued to receive support from major players, retracing downward from monthly highs over the weekend. According to the latest polls, Trump's chances of winning the U.S.
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This section is updated daily and contains market analysis prepared by professional analysts on behalf of InstaForex. Each of the specialists presents analytical reviews in accordance with his/her vision of the current situation on the foreign exchange and other markets. However, the outlooks below are neither recommendations nor instructions to any actions. They contain analysis of the current situation on financial markets. In some cases, analysts' opinions about current market conditions may differ.
