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Forecast for EUR/USD on October 30, 2024
On Tuesday, the euro successfully tested the target support level of 1.0777 and, with that milestone achieved, began an upward movement toward the target of 1.0882, where it will likely.
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Overview of EUR/USD on October 30; The First Miss in U.S. data
On Tuesday, the EUR/USD currency pair again showed no significant movement, mostly trading below the moving average throughout the day without attempting to break above it. Even the JOLTs.
The Yen Gets a Wild Card
Nothing lasts forever. After a decade and a half of dominance in Japan's political arena, the Liberal Democratic Party has lost its majority in the House of Representatives.
GBP/USD: Simple Trading Tips for Beginner Traders on October 29th (U.S. Session)
Analysis of Trades and Tips for Trading the British Pound The test of the 1.2976 level occurred when the MACD indicator was already well above zero, which limited the pair's.
EUR/USD: Trading Plan for the U.S. Session on October 29th (Morning Trades Analysis)
In my morning forecast, I highlighted the 1.0828 level as a key level for initiating trades. Let's review the 5-minute chart to analyze the results. The rise and formation.
Forecast for GBP/USD pair on October 29, 2024
On the hourly chart, the GBP/USD pair traded without much enthusiasm on Monday. After rebounding from the 1.2892–1.2931 support zone, the bulls failed to take control. Currently, their primary.
Trading Recommendations for the Cryptocurrency Market on October 29
Bitcoin and Ethereum have surged sharply. Over the last 24 hours, BTC has risen by 5%, breaking the key resistance level of $70,000 with a trading volume of $48 billion.
GBPUSD: Simple Trading Tips for Beginner Traders on October 29. Analysis of Yesterday's Forex Trades
Trade Analysis and Tips for Trading the British Pound The test at the 1.2992 level occurred when the MACD indicator had moved significantly above the zero mark, limiting the pair's.
EURUSD: Simple Trading Tips for Beginner Traders on October 29. Analysis of Yesterday's Forex Trades
Trade Analysis and Tips for Trading the Euro No tests of the levels I outlined in the afternoon took place. Due to the extremely low market volatility, which was understandable.
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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.
