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USD/CAD: Analysis and Forecast
Today, the USD/CAD pair is gaining positive momentum, breaking a three-day losing streak and halting a recent corrective pullback from its highest level since April 2020, near 1.4179–1.4180, reached last.
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GBP/USD: Simple Trading Tips for Beginner Traders on December 2nd (U.S. Session)
Analysis of Trades and Trading Tips for the British Pound Testing the 1.2681 level occurred when the MACD indicator was already significantly below zero, limiting the pound's bearish potential.
GBP/USD: Plan for the US Session on December 2 (Review of Morning Trades). The Pound Rebounds from 1.2681
In my morning forecast, I highlighted the 1.2681 level and planned trading decisions around it. Let's review the 5-minute chart to see what happened. A decline and the formation.
EUR/USD: Trading Plan for the U.S. Session on December 2 (Review of Morning Trades). The Euro Slightly Declines After Data
In my morning forecast, I highlighted the 1.0505 level and planned to base trading decisions on this level. Let's analyze the 5-minute chart to review what happened. A decline.
Forecast for EUR/USD on December 2, 2024
On Friday, the EUR/USD pair continued trading above the 323.6% Fibonacci level at 1.0532. However, on Monday, the pair reversed in favor of the US dollar and consolidated below 1.0532.
Nvidia Stock Soars, Indexes Strengthen, FDA Puts a Stop to Applied Therapeutics Plans
Nvidia Leads Tech Stocks, Retail Stocks Rise Applied Therapeutics Plunges After FDA Denies Drug Approval Retail Stocks Rise on Black Friday Indices Rise: Dow 0.42%, S&P 500 0.56%, Nasdaq 0.83%.
The Pound Follows the Winds
Throughout November, the British pound swayed with the tides of Trump trade. It plummeted like a stone when Donald Trump announced new tariffs and rebounded as investors reassessed their stance.
How to Trade the EUR/USD Pair on December 2? Simple Tips and Trade Analysis for Beginners
Analysis of Friday's Trades 1H Chart of EUR/USD On Friday, the EUR/USD currency pair attempted to continue its correction, but by the end of the week, traders were more focused.
Technical Analysis of Intraday Price Movement of EUR/USD Main Currency Pairs, Monday December 02, 2024.
On the 4-hour chart, the EUR/USD major currency pair is seen strengthening, which is confirmed by the appearance of a Bullish 123 pattern followed by the appearance of 2 Bullish.
Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday December 02, 2024.
Although on the daily chart USD/IDR appears to be strengthening, if observed, USD/IDR is actually moving harmoniously in a downward channel coupled with confirmation of the appearance of a Rising.
Hot Forecast for EUR/USD on 02.12.2024
Despite the acceleration of annual inflation in the Eurozone from 2.0% to 2.3%, the euro failed to rise and even weakened. Although the scale of the decline was limited.
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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.
