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If EUR/USD breaks the bullish trend channel and consolidates below 3/8 of Murray, we could expect a trend change and the euro could reach 2/8 of Murray at 1.0864.
Trading Signals for GOLD (XAU/USD) for August 13-16, 2024: sell below $2,455 ( triple top pattern - 7/8 Murray)
Early in the American session, Gold is trading around 2,469 above 7/8 Murray and within the uptrend channel forming since August 6. Gold maintains bullish momentum, but at the same.
USD/JPY: Simple Trading Tips for Beginner Traders on August 13 (U.S. Session)
Analysis of Trades and Tips for Trading the Japanese Yen The test of the 147.55 price level occurred when the MACD indicator had already moved significantly downward from the zero.
GBP/USD: Trading Plan for the U.S. Session on August 13 (Analysis of Morning Trades)
In my morning forecast, I highlighted the 1.2800 level and planned to base my trading decisions on it. Let's review the 5-minute chart to see what happened. The rise.
The yen remains caught in the storm
If the Bank of Japan changes its stance as frequently as one changes gloves, why not reverse its July decision to raise the overnight rate to 0.25%? At the press.
EUR/USD and GBP/USD: technical analysis for August 13
No major changes have been recorded over the past 24 hours. The EUR/USD pair remains within the current consolidation range. All previously indicated crucial levels have retained their positions.
EUR/USD: simple trading tips for beginners for the European session on August 13
Analysis of trades and tips on EUR/USD The price test of 1.0935 occurred when the MACD indicator had moved significantly upward from the zero mark, which limited the further upward.
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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.