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The eagle indicator has reached the extremely overbought zone, which is likely to lead to a technical correction in the next few hours. For this, we should pay attention.
USD/JPY: Simple Trading Tips for Beginners on August 26 (US session)
Analysis of Trades and Tips for the Yen The price test of 143.74 occurred when the MACD indicator had moved significantly downward from the zero mark, which limited the pair's.
Fed Makes Move: Rate Cut Sparks Sharp Rise in Wall Street Stocks
Fed's Powell Says 'Time' to Cut Rates Small Caps, Regional Banks Rise Workday Jumps After Q2 Revenue Beats, $1B Share Buyback Plan Indices Up: Dow 1.14%, S&P 500 1.15%, Nasdaq.
EUR/USD: Simple Trading Tips for Beginners on August 26. Analysis of Forex Trades
Analysis of Trades and Tips for the Euro The price test of 1.1135 occurred when the MACD indicator started moving upward from the zero mark, confirming the correct entry point.
Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Monday August 26, 2024.
If we look at the 4-hour chart, the main currency pair USD/JPY appears to be trying to test the 143.91 level. If it is successfully broken, the Bullish Orderblock level.
Forecast for AUD/USD on August 26, 2024
On Friday, with a breakthrough movement, the Australian dollar achieved its target resistance at 0.6800 – the peak level of July. Given that this is a strong level, we expect.
Key Events on August 26: Fundamental Analysis for Beginners
There is only one macroeconomic event scheduled for Monday. In principle, these reports are not needed right now because what we are seeing are daily dollar sales regardless.
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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.