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Analytics today
Early in the European session, XAU/USD was trading around 2,589 with a strong technical bounce, within the downtrend channel forming since October 31, above the 21 SMA, and above.
Forecast for GBP/USD on November 18, 2024
The price has successfully tested the 1.2612 support level and now appears ready to initiate a correction. The Marlin oscillator has turned upward while still in the downtrend zone.
How to Trade the EUR/USD Pair on November 18? Simple Tips and Trade Analysis for Beginners
Analysis of Friday's Trades 1H Chart of EUR/USD On Friday, the EUR/USD currency pair continued trading within the range formed on Thursday. The price attempted another correction, but again.
How to Trade the GBP/USD Pair on November 18? Simple Tips and Trade Analysis for Beginners
Analysis of Friday's Trades 1H Chart of GBP/USD The GBP/USD pair didn't even attempt to correct on Friday. As noted, two macroeconomic indicators were released from the US, with retail.
GBP/USD: Simple Trading Tips for Beginner Traders on November 15th (U.S. Session)
Trade Analysis and Tips for Trading the British Pound The test of the price at 1.2683 coincided with the MACD indicator just beginning to rise from the zero line, confirming.
EUR/USD: Simple Trading Tips for Beginner Traders on November 15th (U.S. Session)
Trade Analysis and Tips for Trading the Euro The test of the price at 1.0550 coincided with the MACD indicator just beginning to rise from the zero mark, confirming.
GBP/USD: Trading Plan for the U.S. Session on November 15th (Review of Morning Trades). GDP Data Disappointed
In my morning forecast, I highlighted the 1.2681 level and planned to base my trading decisions on it. Let's examine the 5-minute chart to analyze what happened. A rise followed.
EUR/USD: Trading Plan for the U.S. Session on November 15th (Review of Morning Trades). Euro Buyers Made an Attempt
In my morning forecast, I emphasized the importance of the 1.0539 level as a key point for making trading decisions. Let's examine the 5-minute chart to analyze what transpired.
AUD/USD. Analysis and Forecast
The Australian dollar is recovering today as the U.S. Dollar Index retreats from its yearly highs. The recent downtrend in the AUD/USD pair has largely been driven by domestic economic.
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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.