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USD/CAD. Analysis and Forecast
On the last day of the week, before the European session began, the USD/CAD pair showed a slight increase. However, it lacks strong buying pressure, keeping it below the psychological.
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GBP/USD: Simple Trading Tips for Beginner Traders on November 22. Analysis of Yesterday's Forex Trades
The test of the 1.2650 price level coincided with the MACD indicator being significantly above the zero mark, which limited the pair's upward potential. For this reason, I refrained from.
EUR/USD and GBP/USD for November 22 – Technical Analysis
Bearish players renewed the minimum consolidation low yesterday, resuming the downward movement. The following downside targets on the chart are the monthly medium-term trend (1.0454) and the 100% completion level.
Hot Forecast for EUR/USD on November 22, 2024
On Wednesday, representatives of the European Central Bank warned about the risks of a debt crisis in the eurozone. Yesterday, they shifted to assuring markets of further monetary policy easing.
Overview of GBP/USD Pair for November 22, 2024: The Pound Gradually Slides Down
The GBP/USD currency pair initiated a new wave of downward movement on Wednesday and Thursday. Over the past week, the trend has been mostly sideways, making it uncertain whether.
Overview of EUR/USD Pair for November 22, 2024: The Euro Targets Further Decline
The EUR/USD currency pair traded monotonously and uneventfully on Wednesday and Thursday. After reaching the Murray level "2/8" at 1.0498, the price neither corrected upward nor moved significantly, instead consolidating.
Forecast for GBP/USD on November 22, 2024
The British pound broke below the 1.2612 support level yesterday, but the Marlin oscillator did not confirm the move. Instead, it reversed and formed a weak convergence with the price.
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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.
