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Analytics today
On Friday, the EUR/USD pair returned to the support zone of 1.0781 – 1.0797. A rebound from this zone would signal a new reversal in favor of the euro.
Weekly Forecast for Simplified Wave Analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/CHF, and US Dollar Index on October 28th
Brief Analysis: Since September 26, a downward corrective wave has been forming for the British pound. The wave structure is developing as an extended flat and appears complete.
Weekly Forecast for Simplified Wave Analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on October 28th
Analysis: In the short term, the euro's price direction in the EUR/USD pair is driven by the upward wave starting from August 5. This wave has reversal potential, setting.
USD/JPY: Simple Trading Tips for Beginner Traders on October 28. Review of Forex Trades
Analysis of Trades and Trading Tips for the Japanese Yen The test of the 152.12 price level occurred when the MACD indicator was beginning to move up from the zero.
Hot Forecast for EUR/USD on 28.10.2024
The faint signs of a potential correction became illusions as the dollar again reinforced its position. This resilience came despite U.S. durable goods orders dropping by 0.8%, notably worse than.
EUR/USD Weekly Preview: Fiery End to October
The upcoming week is set to be one of the "hottest" of October. In the final stretch of the month, key macroeconomic reports for EUR/USD will be released, both.
Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday October 28, 2024.
As seen on the daily chart, the exotic currency pair USD/IDR appears to be continuing its strengthening against the Garuda currency where this condition is supported by confirmation.
Forecast for EUR/USD on October 28, 2024
On Friday, the euro fell by 30 pips without reaching support at 1.0777. The Marlin oscillator on the daily chart is now rising ahead of the price. The nearest resistance.
What to Watch on October 28? Analysis of Fundamental Events for Beginners
There are no scheduled macroeconomic events for Monday in the UK, Germany, the EU, or the U.S. It's unlikely we'll see significant currency market movements. The euro recently broke through.
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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.