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Forecast for EUR/USD on November 7, 2024
Donald Trump has won the U.S. presidential election. The euro fell by 204 pips, while the dollar index strengthened by 1.67%. There's nothing extraordinary about this; during Obama's presidency.
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Overview of GBP/USD on November 7; The Pound Sterling Had No Chance
The GBP/USD currency pair also experienced a massive decline on Wednesday. In the EUR/USD review, we detailed numerous reasons why the euro fell and the dollar strengthened, all of which.
Overview of EUR/USD on November 7; Donald Trump Wins, the Dollar Strengthens
The EUR/USD currency pair fell by approximately 250 pips during Wednesday's session. The pair's decline began overnight and continued throughout the day. There's little mystery as to why this happened—the.
Analysis of GBP/USD on November 6, 2024
The wave pattern of GBP/USD remains complex and continues to develop into a more extended structure. Currently, the successful breakout of wave b in c suggests that the market.
GBP/USD: Simple Trading Tips for Beginner Traders on November 6th (U.S. Session)
Analysis of Trades and Trading Advice for the British Pound At the 1.2911 price level, the MACD indicator rose significantly above the zero mark, limiting the pair's upward potential.
EUR/USD: Trading Plan for the U.S. Session on November 6th (Morning Trade Analysis)
In my morning forecast, I focused on the 1.0723 level to decide on market entries. Let's examine the 5-minute chart to analyze what occurred. A decline and a false breakout.
GBP/USD on November 6. GBP not to blame for its slump
Hello, dear traders! On the 1-hour chart, the GBP/USD pair carried on with its upward movement towards the 127.2% correction level at 1.3054 on Tuesday, but a sharp drop occurred.
GBPUSD: Simple Trading Tips for Beginner Traders on November 6. Review of Yesterday's Forex Deals
Trade Analysis and Tips for Trading the British Pound The test of the 1.2995 price level occurred when the MACD indicator had just begun to move upward from the zero.
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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.
