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Analysis of GBP/USD on November 7, 2024
The wave structure of GBP/USD remains complex and continues to evolve into a more extended pattern. At present, there is a strong likelihood that a downward trend is beginning.
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USD/JPY: Simple Trading Tips for Beginner Traders for November 7th (U.S. Session)
Analysis of trades and trading tips for the Japanese yen The test of the 153.84 level occurred when the MACD indicator moved significantly below the zero mark, limiting the pair's.
GBP/USD: Trading Plan for the U.S. Session on November 7th (Morning Trade Review)
In my morning forecast, I highlighted the 1.2925 level as key for making trading decisions. Let's examine the 5-minute chart to assess the developments. A breakout and retest of 1.2925.
GBP/USD: November 7 – The Pound on the Brink of Another Decline
On the hourly chart, the GBP/USD pair dropped to its previous low on Wednesday but failed to close below it. This leaves a glimmer of hope for the pound's recovery.
GBPUSD: Simple Trading Tips for Beginner Traders on November 7. Review of Yesterday's Forex Deals
Trade Analysis and Tips for Trading the British Pound The test of the 1.2880 level occurred when the MACD indicator was just beginning to move downward from the zero mark.
What to Watch on November 7? Analysis of Fundamental Events for Beginners
Quite a few macroeconomic events are scheduled for Thursday, but none are significant. In the Eurozone, industrial production and retail sales reports will be published. In the United States, data.
How to Trade the GBP/USD Pair on November 7? Simple Tips and Trade Analysis for Beginners
Analysis of Wednesday's Trades: 1H Chart of GBP/USD Pair The GBP/USD pair also experienced a significant drop on Wednesday, triggered by the U.S. presidential elections. As we mentioned, there.
How to Trade the EUR/USD Pair on November 7? Simple Tips and Trade Analysis for Beginners
Analysis of Wednesday's Trades: 1H Chart of EUR/USD Pair The EUR/USD currency pair plummeted by nearly 250 pips on Wednesday. Most of the downward movement occurred overnight, triggered.
Technical Analysis of Daily Price Movement of Nasdaq 100 Index, Thursday November 07, 2024.
Although on its daily chart the Nasdaq 100 index is moving above the WMA (30 Shift 2) but with the appearance of deviations between the price movement of #NDX.
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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.
