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The eagle indicator is in the overbought zone. We reckon, if there is a pullback towards 2,437 and the price settles below this area, it will be seen.
EUR/USD. August 9. Inflation in Europe casts doubt on a rate cut in September
On Thursday, the EUR/USD pair resumed its decline towards the 38.2% corrective level at 1.0879, but it fell just a few points short. The pair then reversed near this level.
GBP/USD: simple trading tips for beginners for the European session on August 9
Analysis of trades and tips on on GBP/USD The price test of 1.2703 occurred when the MACD indicator began moving up from the zero mark, confirming the correct entry point.
Trading plan for GBP/USD on August 9. Simple tips for beginners
Analyzing Thursday's trades: GBP/USD on 1H chart On Thursday, the GBP/USD pair failed to surpass 1.2680 for the fourth consecutive time and began the correction we discussed at the beginning.
Forecast for GBP/USD on August 9, 2024
Yesterday, the pound sterling increased by 58 pips, overcoming the MACD line and stopping at the balance line. Also, the price is facing a target resistance level of 1.2755. Overcoming.
Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Friday August 09, 2024.
On the 4-hour chart, the Filecoin Cryptocurrency appears to be correcting upwards where the level of 4,035 which is the Breaker Block that acts as the closest Resistance will.
Technical Analysis of Weekly Price Movement of Bitcoin Cryptocurrency, Friday August 09, 2024.
If we look at the weekly chart of the Bitcoin cryptocurrency, there are three interesting things, namely: First, MA 10 is above MA 39, which indicates that Bitcoin is still.
Review of EUR/USD on August 9; A lull before the dollar falls again?
On Thursday, the EUR/USD pair generally sustained its decline. The price worked through the moving average line during the day but failed to overcome it. Thus, technically, the dollar's prospects.
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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.