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EUR/USD and GBP/USD Technical Analysis for October 31
Yesterday, the bulls climbed above the daily short-term trend (1.0817) but couldn't break through the weekly resistances (1.0844 – 1.0863 – 1.0876) on the first attempt, leaving this task still.
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Trading Recommendations for the Cryptocurrency Market on October 31
While Bitcoin and Ethereum prices have stabilized after a significant increase observed the previous day, MicroStrategy, one of the largest companies holding Bitcoin, has paused its asset accumulation since mid-September.
GBPUSD: Simple Trading Tips for Beginner Traders on October 31. Analysis of Yesterday's Forex Trades
Trade Analysis and Tips for Trading the British Pound The price test of 1.2959 occurred when the MACD indicator moved significantly below the zero mark, limiting the pair's downward potential.
What to Watch on October 31? Analysis of Fundamental Events for Beginners
There aren't many macroeconomic events scheduled for Thursday, but there will be some genuinely significant releases. The most important report will be on inflation in the Eurozone. Yesterday.
Hot Forecast for EUR/USD on 31.10.2024
Although the preliminary Eurozone GDP estimate accelerated from 0.6% to 0.9%, it was still somewhat below the expected 1.0%. Nevertheless, the euro managed to show a notable rise. This.
Trading Recommendations and Analysis for GBP/USD on October 31; Pound Falls Again Before It Can Begin to Rise
The GBP/USD currency pair showed mixed movements on Wednesday, with an apparent reluctance to rise. Unlike EUR/USD, the GBP/USD pair had a much sparser macroeconomic background. While the euro received.
Trading Recommendations and Analysis for EUR/USD on October 31; The Euro Makes a Second Step Toward Correction
The EUR/USD currency pair attempted another upward correction on Wednesday. The euro gained 50-60 pips throughout the day, but the macroeconomic background, which significantly impacted trader sentiment yesterday, was quite.
Technical Analysis of Intraday Price Movement of S&P 500 Index, Thursday October 31, 2024.
From what we can see on the 4-hour chart, the S&P 500 index appears to be moving in a sideways condition, this is confirmed by the MA (50) condition that.
Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday October 31, 2024.
With the successful of the Nasdaq 100 index breaking through its Uptrendline and also confirmed by the appearance of deviations between price movements and the MACD Histogram indicator (osMA 12,26,9).
Forecast for EUR/USD on October 31, 2024
The single European currency extended its gains yesterday, reaching the 23.6% Fibonacci retracement level, just shy of the target level at 1.0882. If the current correction follows Fibonacci levels.
Overview of GBP/USD on October 31; ADP Impresses, but Non-Farm Payrolls Await
The GBP/USD currency pair started to rise but quickly dropped as the U.S. ADP report—considered a precursor to Non-Farm Payrolls—was released. It's worth noting, however, that there is no consistent.
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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.
