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Analysis of Trades and Trading Tips for the British Pound The price level of 1.3229 was tested when the MACD indicator was just starting to move towards the zero mark.
Forecast of GBP/USD on August 28, 2024
On the hourly chart, the GBP/USD pair resumed its upward movement on Tuesday and reached the 161.8% corrective level at 1.3258. A rebound from this level could lead.
EUR/USD: Analysis and Forecast
Today, the major currency pair is declining due to the recovering U.S. dollar and the prospect of ECB rate cuts, which are supported by the Eurozone economy. Despite the moderate.
USD/JPY: Simple Trading Tips for Beginners on August 28. Analysis of Yesterday's Forex Trades
Trade Analysis and Tips for Trading the Japanese Yen The price test of 144.60 occurred when the MACD indicator had already moved significantly down from the zero mark, which limited.
EUR/USD: Simple Trading Tips for Beginners on August 28. Analysis of Yesterday's Forex Trades
Trade Analysis and Tips for Trading the Euro The price test of 1.1161 occurred when the MACD indicator dropped significantly from the zero mark, limiting the pair's bearish potential.
Hot forecast for EUR/USD on August 28, 2024
The EUR/USD pair is currently in a pullback phase from the local high of the medium-term trend, around the 1.1200/1.1250 range. There have been no radical changes, and sellers showed.
Technical Analysis of Intraday Price Movement of Crude Oil Commodity Asset, Wednesday August 28, 2024.
With the appearance of deviations between the price movement of Crude Oil commodity assets with the Awesome Oscillator indicator and its price movement which is above.
Forecast for GBP/USD on August 28, 2024
Yesterday, the British pound broke through the resistance level of 1.3220 with a clear intention to aim for the level of 1.3300 (a long-term average). The 1.3360 target is above.
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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.