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On Thursday, October 31, the EUR/USD pair returned to the 161.8% retracement level at 1.0873, showing another rebound and two consolidations below this level. The latest close below 1.0873 suggests.
EUR/USD: Simple Trading Tips for Beginner Traders on November 1st (U.S. Session)
Trade Review and Tips for Trading the Euro The test of the 1.0865 price level occurred when the MACD indicator had already moved significantly below the zero line, limiting.
EUR/USD: Trading Plan for the U.S. Session on November 1st (Review of Morning Trades) – Euro Declines Ahead of Key Data
In my morning forecast, I highlighted the 1.0866 level as a decision point for market entry. Let's look at the 5-minute chart to see what happened. The decline, followed.
USD/JPY. Analysis and Forecast
The Japanese yen is losing ground today. The yen failed to extend its gains despite earlier signs of recovery following Japan's PMI manufacturing index report. It initially strengthened after comments.
Trading Signals for EUR/USD for November 1-4, 2024: buy above 1.0840 (21 SMA - 200 EMA)
US nonfarm payrolls will be released in the next few hours, which could cause strong volatility in the EUR/USD pair. In case the euro reaches the top of the bullish.
USD/JPY: Simple Trading Tips for Beginner Traders on November 1. Analysis of Yesterday's Forex Trades
Analysis of Trades and Trading Tips for the Japanese Yen The test of the 152.89 price level occurred when the MACD indicator had moved significantly above the zero mark, limiting.
GBPUSD: Simple Trading Tips for Beginner Traders on November 1. Analysis of Yesterday's Forex Trades
Trade Analysis and Tips for Trading the British Pound The test of the 1.2977 price level occurred just as the MACD indicator began moving downward from the zero mark, confirming.
What to Watch on November 1? Analysis of Fundamental Events for Beginners
Plenty of macroeconomic events are scheduled for Friday, all coming from the U.S.; each is highly significant. The market will review reports on Non-Farm Payrolls, the unemployment rate, changes.
Forecast for USD/JPY on November 1, 2024
The USD/JPY pair closed the gap formed on Monday and is now poised to resume its upward movement above the 153.60 resistance, potentially aiming for the target at 156.79 (the.
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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.