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The wave pattern for GBP/USD remains quite complex and ambiguous. For some time, the wave structure seemed convincing, indicating a downward wave set with targets below the 1.2300 level. However.
EUR/USD: Simple Trading Tips for Beginner Traders for September 4 (U.S. Session)
Analysis of Trades and Trading Advice for the Euro The test of the 1.1050 price level occurred when the MACD indicator had already moved well below the zero mark, which.
Trading Signals for GOLD (XAU/USD) for September 4-9, 2024: sell below $2,498 (8/8 Murray - 21 SMA)
Gold is likely to try to break the downtrend channel. If the price consolidates above the 21 SMA, we could expect a resumption of the bullish cycle. So, it could.
GBP/USD. September 4. Bearish Traders Concerned About Payroll Report
On the hourly chart, the GBP/USD pair continued a weak decline towards the retracement level of 127.2% – 1.3054, which began after rebounding from the 1.3258 level. The intensity.
Gold Retreats but Refuses to Give Up
Expectations of recovery in the U.S. labor market in August and excessively inflated speculative long positions increase the risks of a correction in gold. However, its medium—and long-term prospects remain.
EUR/USD: Simple Trading Tips for Beginners on September 4. Analysis of Yesterday's Forex Trades
The price test of 1.1048 occurred when the MACD indicator began moving up from the zero mark, confirming the correct entry point for buying the euro – especially after weak.
Trading Recommendations and Analysis for EUR/USD on September 4; The Euro Slowly Slides Downward
On Tuesday, the EUR/USD pair edged lower again. We cannot say this was due to macroeconomic data, as the only somewhat important report of the day—the ISM Services Sector Index.
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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.