This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.
In my morning forecast, I focused on the 1.0952 level and planned to make trading decisions from that point. Let's look at the 5-minute chart and analyze what happened.
Forecast for GBP/USD on October 11, 2024
On the hourly chart, the GBP/USD pair remained around the 127.2% corrective level at 1.3054 on Thursday and even consolidated below it. However, today, the quotes have begun recovering following.
EUR/USD: Simple Trading Tips for Beginner Traders on October 11th. Analysis of Yesterday's Forex Trades
Analysis of Trades and Tips for Trading the Euro The test of the 1.0946 price level coincided with the moment when the MACD indicator began its upward movement from.
How to Trade the GBP/USD Currency Pair on October 11? Simple Tips and Trade Analysis for Beginners
Thursday's Trade Analysis: 1H Chart of the GBP/USD Pair On Thursday, the GBP/USD pair continued its gradual downward trend. The U.S. inflation report showed that prices are slowing less than.
How to Trade the EUR/USD Currency Pair on October 11? Simple Tips and Trade Analysis for Beginners
EUR/USD continued to trade lower on Thursday. Throughout the current week, volatility has been lacking, though it did increase slightly yesterday. However, this did not change the nature.
Forecast for EUR/USD on October 11, 2024
Yesterday's moderately pessimistic news from the U.S. unsettled the euro, causing it to fluctuate within a daily range of 55 points and close the day with a loss of only.
The reporting season is not far off: what will banks show against the backdrop of unemployment and an unstable market?
Data on IPC for September above expectations Unemployment benefits above assessments Delta Air Lines shares fall after the results of the third quarter Shares of energy companies follow the increase.
Forecast for AUD/USD on October 11, 2024
The Australian dollar became tired of waiting for a reversal from the euro and the pound and decided to take the lead itself. This decision was bolstered by the recovery.
Technical Analysis of Intraday Price Movement of Litecoin Cryptocurrency, Friday October 11, 2024.
On the 4-hour chart, the Litecoin cryptocurrency appears to be moving in a Sideways condition, confirmed by the EMA 200 which is moving flat and penetrating breaks the candle bodies.
Trading Signals for GOLD (XAU/USD) for October 10-11, 2024: sell below $2,628 (21 SMA - 2/8 Murray)
Early in the American session, gold is trading around 2, 619 bouncing back after hitting the low of 2,602 following the release of US inflation data. XAU/USD is likely.
GBP/USD: Simple Trading Tips for Beginner Traders on October 10th (U.S. Session)
Analysis of Trades and Trading Tips for the British Pound The first test of the 1.3085 level occurred when the MACD indicator had moved significantly above the zero mark, limiting.
Show more
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.