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The price test of 155.82 occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry point to sell.
Hot forecast for EUR/USD on May 14, 2024
The euro showed some growth on Monday, but it was more of a symbolic move. Therefore, there weren't any significant changes in the market. The US dollar's tendency to weaken.
Trading plan for EUR/USD on May 14. Simple tips for beginners
Analyzing Monday's trades: EUR/USD on 1H chart EUR/USD continued to gradually trade higher on Monday. In fact, it's difficult to talk about yesterday's rise, as the pair's volatility was just.
Technical Analysis of Intraday Price Movement of CAD/JPY Cross Currency Pairs, Tuesday May 14, 2024.
On the 4-hour chart, the CAD/JPY cross currency pair appears to detect deviations between the CAD/JPY price movement and the RSI indicator (4), which gives an indication that.
Technical Analysis of Intraday Price Movement of Gold Commodity Asset, Tuesday May 14, 2024.
If we look at the 4-hour chart of the Gold commodity asset, we will see hidden deviations between the Gold price movement and the Stochastic Oscillator indicator, which gives.
Forecast for EUR/USD on May 14, 2024
EUR/USD As expected, the main risk indicator – the stock market – declined yesterday (S&P 500 -0.02%), although it had mixed results (Russell 2000 0.29%). However, contrary to expectations.
Outlook for GBP/USD on May 14. The pound remains in a new sideways channel
Yesterday, the GBP/USD pair gradually moved higher after bouncing off the 1.2445 level, which can be considered the lower boundary of the new sideways channel. As we previously mentioned.
ECB prepares markets for June rate cut. Overview of EUR/USD
The euro continues its bullish correction for the fourth consecutive week, but there is uncertainty regarding the sustainability of this movement. In the absence of economic news, the euro.
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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.