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On Wednesday, the EUR/USD pair made a sharp rise to the resistance zone of 1.0785–1.0797 and even consolidated above it. Thus, the growth process may continue towards the next corrective.
USD/JPY: Simple trading tips for beginner traders on July 4th (US session)
Analysis of Trades and Tips for Trading the Japanese Yen Testing the price at 161.34 coincided with the moment when the MACD indicator had moved significantly downward from the zero.
GBP/USD: trading plan for the US session on July 4th (analysis of morning deals)
In my morning forecast, I highlighted the level of 1.2761 and planned to make market entry decisions based on it. Let's look at the 5-minute chart and see what happened.
Key events on July 4: fundamental analysis for beginners
For Thursday, the lineup of macroeconomic events is practically barren. One may pay attention to the second assessment of the UK's Construction PMI for June. But in general, today's macroeconomic.
Trading plan for GBP/USD on July 4. Simple tips for beginners
Analyzing Wednesday's trades: GBP/USD on 1H chart Yesterday, GBP/USD also showed a strong upward movement, which was triggered by weak US macro data. We had warned you that.
Trading plan for EUR/USD on July 4. Simple tips for beginners
Analyzing Wednesday's trades: EUR/USD on 1H chart EUR/USD traded in positive territory on Wednesday, which made sense. Yesterday, the US (and not just America) published a new batch of economic.
Technical Analysis of Weekly Price Movement of Natural Gas Commodity Asset, Thursday July 04 2024.
If we look at the weekly chart of the Natural Gas commodity asset, several interesting things can be seen, firstly the appearance of the Bearish 123 pattern, secondly, the restraint.
Technical Analysis of Daily Price Movement of Nasdaq 100 Index, Thursday July 04 2024.
Based on what appears on the daily chart of the Nasdaq 100 index, it appears that buyers are still dominating #NDX, where this can be seen in the condition.
Forecast for GBP/USD on July 4, 2024
GBP/USD Yesterday, the pound closed the day up by 56 pips. The price eagerly breached the target level of 1.2745. Currently, GBP/USD is precisely at the 1.2745 level. The signal.
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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.