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If gold finds strong resistance around the top of the secondary downtrend channel located at 2,317, a new technical correction could occur and it could reach the psychological level.
USD/JPY: Simple trading tips for beginner traders on June 26th (US session)
Analysis of Trades and Trading Tips for the Japanese Yen The test of the 159.94 price occurred at a moment when the MACD had moved significantly upwards from the zero.
GBP/USD: trading plan for the US session on June 26th (analysis of morning deals). The pound returns to decline
In my morning forecast, I paid attention to the 1.2670 level and planned to make decisions on entering the market from it. Let's look at the 5-minute chart and figure.
GBP/USD. June 26th. The bears are going on a new offensive
On the hourly chart, the GBP/USD pair has rebounded from the resistance zone of 1.2690–1.2705, which previously acted as a strong support zone. However, traders' sentiment has already turned "bearish,".
The Fed's tough stance is driving risky assets into a hole
The euro continues to decline, and this is not surprising, especially after the repeated comments about the ultra-easy policy from European Central Bank officials and the tough stance from Federal.
USD/JPY: trading tips for beginners for the European session on June 26
The levels I mentioned were not tested in the second half of the day. Reports on the corporate services price index, the Bank of Japan's core consumer price index.
GBP/USD: trading tips for beginners for the European session on June 26
The price test of 1.2672 occurred when the MACD indicator had moved significantly below the zero mark, which limited the GBP/USD pair's downward potential, as the pound had stayed within.
EUR/USD: trading tips for beginners for the European session on June 26 EUR/USD: trading tips for beginners for European session on June 26
The price test of 1.0705 occurred at a time when the MACD indicator had moved significantly below the zero mark, which limited the EUR/USD pair's downward potential. For this reason.
Hot forecast for EUR/USD on June 26, 2024
Although the dollar has somewhat declined, it has only moved to the lower boundary of a narrow range in which the market has been in for over a week. Given.
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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.