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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 during the day but failed to overcome it. Thus, technically, the dollar's prospects remain.
The dollar didn't fall for the bluff
Don't bet against the Federal Reserve. This market principle should be ingrained in traders from the start, but failing to heed it won't lead to big earnings. It seems.
Trading Signals for EUR/USD for August 8-10, 2024: sell below 1,0925 (21 SMA - 7/8 Murray)
EUR/USD is trading around 1.0906 below the symmetrical triangle pattern which was broken and bouncing above the 200 EMA. Since August 6th, the euro has been consolidating around 1.0930. Today.
Analysis of GBP/USD pair on August 8. The pound continues to decline
The Elliott wave pattern for the GBP/USD pair remains complex and ambiguous. For a time, it looked convincing, suggesting a formation of downward waves targeting below the 23rd level. However.
USD/JPY: Simple Trading Tips for Beginner Traders on August 8 (U.S. Session)
Analysis of Trades and Tips for Trading the Japanese Yen The first test of the 145.85 price occurred when the MACD indicator had significantly moved down from the zero mark.
Trading Signals for GOLD (XAU/USD) for August 8-10, 2024: sell if pullback at $2,424 or buy above $2,406 (200 EMA - symmetrical triangle)
If gold continues to rise, we could look for opportunities to buy above the 5/8 Murray located at 2,406 with targets at 2,417 and 2,424 as the instrument is technically.
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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.