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Hot Forecast for EUR/USD on November 25, 2024
The preliminary PMI data for the Eurozone delivered a negative surprise. Instead of expected growth, all indicators declined. The Services PMI fell from 51.6 to 49.2 (forecast: 52.0).
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Forecast for EUR/USD on November 25, 2024
On Friday, the euro made a decisive move downward, testing the linear supports on the weekly chart. The Marlin oscillator on the weekly timeframe reached significant support at -0.0450, signaling.
Trading Recommendations and GBP/USD Analysis for November 25: The Pound Keeps Sliding Lower
The GBP/USD currency pair continued its downward movement on Friday. It's worth noting that the pound declined much less during the day than the euro, even though UK reports were.
EUR/USD Review. Weekly Preview: Euro's Free Fall Continues
The EUR/USD currency pair is preparing for a new week, and the euro could use a bit of divine intervention at this point. While this is a joke, the euro.
EUR/USD: Simple Trading Tips for Beginner Traders on November 22nd (U.S. Session)
Trade Analysis and Tips for Trading the Euro The test of the 1.0480 price level occurred as the MACD indicator began moving upward from the zero line, confirming a valid.
EUR/USD: Trading Plan for the U.S. Session on November 22nd (Analysis of Morning Trades)
In my morning forecast, I focused on the 1.0497 level and planned trading decisions around it. Let's analyze the 5-minute chart to review what happened. A rise and the formation.
Trading Signals for EUR/USD for November 22-25, 2024: buy above 1.0376 (1/8 Murray - rebound)
Early in the American session, the euro is trading around 1.0419, bouncing after reaching the low of 1.0331 that occurred after the Eurozone PMI data surprisingly contracted. The euro.
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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.
