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EUR/USD and GBP/USD on November 20 – Technical Analysis
EUR/USD Higher Timeframes: After testing the support at the first weekly Ichimoku breakout target (1.0497), the pair slowed down and entered a consolidation phase. Key downside targets such.
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USD/JPY: Simple Trading Tips for Beginner Traders on November 20. Analysis of Yesterday's Forex Trades
The test of the price level at 154.14 occurred when the MACD indicator had moved significantly above the zero mark, which limited the pair's upward potential, especially given the pressure.
EUR/USD: Simple Trading Tips for Beginner Traders on November 20. Analysis of Yesterday's Forex Trades
The test of the price level at 1.0584 occurred when the MACD indicator had moved significantly above the zero mark, limiting the pair's upward potential. For this reason.
How to Trade the GBP/USD Pair on November 20? Simple Tips and Trade Analysis for Beginners
Analysis of Tuesday's Trades 1H Chart of GBP/USD On Tuesday, the GBP/USD pair attempted to initiate an upward correction but failed again. Market participants are unwilling to buy the pound.
How to Trade the EUR/USD Pair on November 20? Simple Tips and Trade Analysis for Beginners
Analysis of Tuesday's Trades 1H Chart of EUR/USD On Tuesday, the EUR/USD currency pair again attempted a correction, only to fail again. The price approached the 1.0596 level.
Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday November 20, 2024.
If we look at the 4-hour chart, the AUD/JPY cross currency pair appears to be moving in a Ranging-Sideways condition, but is currently strengthening again after testing the support level.
Technical Analysis of Daily Price Movement of Silver Commodity Asset, Wednesday November 20, 2024.
With the appearance of the Bearish 123 pattern followed by several Bearish Ross Hook (RH) plus confirmation by the appearance of the Bearish Pitchfork channel and silver is moving harmoniously.
Forecast for EUR/USD on November 20, 2024
On Tuesday, the euro attempted a pullback from the 1.0590 resistance level, but the attempt proved premature as the pair was bought back from Monday's low. As a result.
Trading Recommendations and Trade Analysis for EUR/USD on November 20: The Euro Stuck in a Flat Trend
On Tuesday, the EUR/USD currency pair again attempted an upward correction. As shown on the chart, the attempts were modest at best. The pair barely broke through recent local highs.
Overview of GBP/USD Pair on November 20: The Pound Sterling in a Downward Spiral
On Monday, the GBP/USD pair hit a new local low; on Tuesday, little movement or meaningful correction was observed. The inability of the pound sterling to even correct highlights.
Trading Signals for EUR/USD for November 19-21, 2024: buy above 1.0540 (2/8 Murray - 21 SMA)
If the euro consolidates above the 21 SMA located at 1.0554 in the next few hours, it will be seen as an opportunity to buy with targets at 3/8 Murray.
Trading Signals for GOLD (XAU/USD) for November 19-21, 2024: sell below $2,639 (4/8 Murray - technical correction)
Gold is trading around 2,629 within the bullish trend channel forming since November 13 and reaching a strong resistance zone that coincides with the top of the bullish trend channel.
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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.
