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Forecast for GBP/USD on November 25, 2024
On Friday, the British pound sharply dropped and reached the target support level of 1.2510. On the daily chart, a convergence has formed between the price and the oscillator.
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Trading Recommendations and EUR/USD Analysis for November 25: Selling Remains Relevant
On Friday, the EUR/USD currency pair continued its downward movement. To be more precise, during the European trading session, the price plummeted by 150 pips.
USD/JPY: Simple Trading Tips for Beginners on November 22nd (U.S. Session)
Trade Analysis and Tips for Trading the Japanese Yen The price test at 154.73 in the first half of the day occurred as the MACD indicator began moving downward from.
EUR/USD. November 22. Business Activity Indices Weigh on the Euro
On Thursday, the EUR/USD pair consolidated below the 323.6% Fibonacci level at 1.0532 and continued its decline. Today, the price reached the 1.0420 level and came close to the 423.6%.
GBP/USD: Trading Plan for the U.S. Session on November 22nd (Analysis of Morning Trades)
In my morning forecast, I focused on the 1.2560 level and planned to make trading decisions based on it. Let's examine the 5-minute chart to analyze what happened. A drop.
XAU/USD. Analysis and Forecast
For the fifth consecutive day, gold is rising, reaching nearly a two-week high just below the psychologically significant level of $2700. Ongoing geopolitical risks continue to support the precious metal.
USD/JPY: Simple Trading Tips for Beginner Traders on November 22. Analysis of Yesterday's Forex Trades
The test of the 154.34 price level coincided with the MACD indicator just beginning its downward movement from the zero mark, confirming it as a valid point for selling.
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.
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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.
