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The GBP/USD pair is plummeting, reacting to the results of the U.S. presidential election. Wednesday's downward momentum is driven entirely by the strengthening U.S. dollar. The dollar index attempts.
USD/JPY: Simple Trading Tips for Beginner Traders on November 6th (U.S. Session)
Analysis of Trades and Advice on Trading the Japanese Yen The test of the 153.77 price level occurred when the MACD indicator had not yet entered negative territory.
GBP/USD: Trading Plan for the U.S. Session on November 6th (Analysis of Morning Trades)
In my morning forecast, I focused on the 1.2845 level to decide on market entries. Let's review the 5-minute chart to analyze what happened. A decline followed by a false.
EUR/USD on November 6. Trump's victory sets stage for USD strength
Hi, dear traders! On Tuesday, the EUR/USD pair rose to the resistance zone of 1.0929–1.0946. A rebound from this zone favored the US dollar and pushed the price sharply below.
USDJPY: Simple Trading Tips for Beginner Traders on November 6. Review of Yesterday's Forex Deals
Analysis of Trades and Trading Tips for the Japanese Yen The test of the 152.05 price level coincided with the MACD indicator just beginning to move downward from the zero.
Trading Recommendations for the Cryptocurrency Market on November 6
Bitcoin is soaring to a new all-time high following news that Donald Trump has an estimated 98% chance of winning the U.S. presidential election. He has already secured.
What to Watch on November 6? Analysis of Fundamental Events for Beginners
No macroeconomic events are scheduled for Wednesday, but they aren't particularly needed at the moment. Overnight, both major currency pairs covered a 200-pip range within a few hours.
How to Trade the GBP/USD Pair on November 6? Simple Tips and Trade Analysis for Beginners
Analysis of Tuesday's Trades: 1H Chart of GBP/USD Pair On Tuesday, the GBP/USD pair also traded higher, only to crash overnight into Wednesday. As we mentioned, this drop was impossible.
How to Trade the EUR/USD Pair on November 6? Simple Tips and Trade Analysis for Beginners
Analysis of Tuesday's Trades: 1H Chart of EUR/USD Pair On Tuesday, the EUR/USD pair traded upward, which is logical considering the correction that began. However, during the night, it plunged.
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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.