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The price test of 154.98 at the beginning of the US session occurred at a time when the MACD indicator was just starting to move up from the zero mark.
EUR/USD and GBP/USD: Technical analysis on April 25
EUR/USD Higher Timeframes Yesterday, volume and volatility remained low. Nevertheless, the market maintained its position above the daily short-term trend. As a result, the main conclusions and expectations remain unchanged.
Technical Analysis of Intraday Price Movement of S&P 500 Index, Thursday April 25 2024.
With the appearance of deviation between S&P 500 index price movement with Stochastic oscillator on the 4 hour chart, then in the near future, the index has the potential.
Technical Analysis of Intraday Price Movement of EUR/USD Main Currency Pairs,Thursday April 25 2024.
On the 4 hour chart of EUR/USD main currency pairs,Fiber seems corrected strong and the weakness condition currently seems trying to break above the level 1,0715. If this level managed.
Forecast for EUR/USD on April 25, 2024
EUR/USD Yesterday, the euro stalled at the signal-intermediate level of 1.0696 (February 14 low) and even closed above it with a daily candle. The Marlin oscillator's signal line crossed above.
Outlook for GBP/USD on April 25. Is the pound preparing for growth?
On Wednesday, GBP/USD showed very weak volatility, but by the end of the day, it clearly wanted to resume its upward movement. As we have previously mentioned, it is logical.
Will the dollar get stabbed in the back?
The situation is a mixed bag, and even the U.S. doesn't call the shots. Europe has brought good news for two consecutive days. First, Eurozone business activity rose.
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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.