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The EUR/GBP pair consolidates as investors adopt a cautious stance ahead of the Bank of England's pivotal meeting on Thursday. The Bank of England is expected to focus.
EUR/USD. November 5th. Lagarde's Speech Could Help the Bulls
On Monday, the EUR/USD pair returned to the 161.8% corrective level at 1.0873. A rebound from this level could signal a reversal in favor of the euro and a resumption.
EUR/USD and GBP/USD on November 5 – Technical Analysis
Yesterday, the monthly short-term trend resistance (1.0909) was tested. Despite the significant upward gap at the opening and the bulls' persistence, the outcome is recorded as a long upper shadow.
Trading Recommendations for the Cryptocurrency Market on November 5
Bitcoin has faced renewed pressure, momentarily dropping below $67,000. The primary pressure on the crypto market stems from the U.S. presidential election and the candidates' chances of winning. Additionally, yesterday's.
GBPUSD: Simple Trading Tips for Beginner Traders on November 5. Review of Yesterday's Forex Deals
Trade Analysis and Tips for Trading the British Pound The test of the 1.2986 level occurred when the MACD indicator had already moved significantly upward from the zero mark, which.
EURUSD: Simple Trading Tips for Beginner Traders on November 5. Review of Yesterday's Forex Deals
Trade Analysis and Tips for Trading the Euro The test of the 1.0892 price level occurred when the MACD indicator had already moved significantly downward from the zero mark, which.
Technical Analysis of Daily Price Movement of NZD/USD Commodity Currency Pairs, Tuesday November 05, 2024.
From what we can see on the 4-hour chart, the NZD/USD commodity currency pair appears to be dominated by Sellers, which is confirmed by the Kiwi price movement below.
How to Trade the GBP/USD Pair on November 5? Simple Tips and Trade Analysis for Beginners
Analysis of Monday's Trades: 1H Chart of GBP/USD Pair On Monday, the GBP/USD pair also slightly increased, but it didn't last long. The British pound rose following the release.
How to Trade the EUR/USD Pair on November 5? Simple Tips and Trade Analysis for Beginners
Analysis of Monday's Trades: 1H Chart of EUR/USD Pair On Monday, the EUR/USD currency pair showed an upward movement, just as we anticipated. The macroeconomic background on Monday was relatively.
Forecast for EUR/USD on November 5, 2024
Markets have been preparing for today's U.S. elections as best they could, resulting in a bit of chaos. Closed positions on major instruments spark further declines, especially evident in stock.
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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.