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Few macroeconomic events are scheduled for Friday, and none are particularly significant. The event calendars for the European Union, Germany, and the United Kingdom are empty. At the same time.
Forecast for GBP/USD on July 26, 2024
GBP/USD Amidst investors' shift away from risk, the British pound fell 55 pips on Thursday, reaching the target support level of 1.2847. The signal line of the Marlin Oscillator.
Dollar requires resolve
The lower levels can't push the market down, and the upper levels don't want to. No matter how much bears on EUR/USD may wish to push the quotes down amid.
EUR/USD: Simple Trading Tips for Beginner Traders on July 25 (US Session)
Analysis of Trades and Tips for Trading the Euro Testing the price level of 1.0834 occurred when the MACD indicator had already moved significantly below the zero mark, which limited.
GBP/USD: Trading Plan for the US Session on July 25 (Analysis of Morning Trades). The Pound Continues to Trade Within the Channel
In my morning forecast, I focused on the level of 1.2877 and planned to make market entry decisions based on it. Let's look at the 5-minute chart and see what.
Trading Signals for EUR/USD for July 25-29, 2024: buy above 1.0840 (21 SMA - 2/8 Murray)
If the euro falls below 1.0840, there is a key support around 1.0817 and 1.0803. Both levels could serve as a support for the euro and would also provide.
EUR/USD Analysis on July 25th
On Wednesday, the EUR/USD pair retraced to the 76.4% Fibonacci corrective level at 1.0822. The rebound from this level supported the US dollar and resumed the decline towards the 61.8%.
GBP/USD Analysis on July 25th: US GDP Forecast to Strengthen the Dollar
On the hourly chart, the GBP/USD pair rebounded from the 1.2931 level on Wednesday, marking the fourth time this has occurred. Following this, the pair fell to the 100.0% Fibonacci.
US Election: How Uncertainty Impacted Markets and Trillions of Dollars Escaped from Stocks
Investors are scrambling to shore up their global portfolios ahead of potential market volatility around the November 5 U.S. presidential election, seeking to move assets away from uncertainty surrounding both.
Key events on July 25: fundamental analysis for beginners
Several macroeconomic events are scheduled for Thursday. The economic calendar is light for the Eurozone, Germany, and the UK, but the US will release three relatively important indicators.
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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.