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Trade analysis and tips for trading the Japanese yen The test of the price at 156.16 came at a time when the MACD had just started moving down from.
GBP/USD: trading plan for the US session on May 15th (analysis of morning deals). The pound returned to monthly high
In my morning forecast, I drew attention to the level of 1.2608 and planned to base decisions on it for market entry. Let's look at the 5-minute chart and analyze.
GBP/USD. May 15th. The US inflation report may finish off the dollar
On the hourly chart, the GBP/USD pair rebounded twice from 1.2517 on Tuesday and resumed its upward movement towards 1.2611. A rebound from these levels will favor the US currency.
EUR/USD: trading tips for beginners for European session on May 15
The price test of 1.0809 occurred at a time when the MACD indicator had already sharply moved up from the zero mark, which affected the EUR/USD pair's upward potential.
Key events on May 15: fundamental analysis for beginners
There's a full plate of macroeconomic events slated for Wednesday, and it should be taken seriously. The EU is set to release reports on the second estimate.
Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday May 15, 2024.
With the Golden Cross crossing of the EMA 50 which is above the EMA 200 on the 4 hour chart, the AUD/JPY cross currency pair clearly gives an idea that.
Forecast for GBP/USD on May 15, 2024
GBP/USD Yesterday, after the pound sharply fell, which represented a false move piercing the 1.2525 support (related to the increase in unemployment data), it turned around for a strong rise.
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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.