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The GBP/USD exchange rate decreased by 90 basis points on Tuesday. The wave structure of the GBP/USD pair remains quite complex and ambiguous. For a while, the wave pattern looked.
GBP/USD: Simple Trading Tips for Beginners on August 6 (U.S. Session)
Trade Analysis and Tips for Trading the British Pound The test of the price at 1.2735 occurred when the MACD indicator had moved significantly below the zero mark, limiting.
EUR/USD: Trading Plan for the U.S. session on August 6 (analysis of morning trades). The euro returns to decline
In my morning forecast, I focused on the level of 1.0936 and planned to make market entry decisions from it. Let's look at the 5-minute chart and see what happened.
GBP/USD. August 6th. The ISM index saved the dollar from major trouble
On the hourly chart, the GBP/USD pair on Monday rebounded twice from the resistance zone at 1.2788–1.2801, and again today. As a result, a reversal occurred in favor.
USD/JPY: simple trading tips for beginners for the European session on August 6
Analysis of trades and tips on USD/JPY The price test of 142.47 occurred when the MACD indicator started to move down from the zero mark, confirming the correct entry point.
Technical Analysis of Intraday Price Movement of Crude Oil Commodity Asset, Tuesday August 06, 2024.
When we look at the 4-hour chart of the Crude Oil commodity asset, it is very clear that #CL is under pressure from Sellers, where this can be seen from.
Technical Analysis of Intraday Price Movement of Silver Commodity Asset, Tuesday August 06, 2024.
Although currently on the 4-hour chart, the Silver commodity asset is under Seller pressure, which is confirmed by its price movement which is in and moving harmoniously within the Bearish.
Trading plan for GBP/USD on August 6. Simple tips for beginners
Analyzing Monday's trades: GBP/USD on 1H chart On Monday, the GBP/USD pair tried to sustain its decline, which is evident. Over the past seven months, the British pound has consistently.
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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.