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Analytics today
On Friday, the EUR/USD pair fell to the corrective level of 61.8% (1.0837), rebounded from it, and turned in favor of the euro, resuming growth towards the corrective level.
GBP/USD. May 20th. The 1.2690–1.2705 zone can stop the bulls
On the hourly chart, the GBP/USD pair returned to the resistance zone of 1.2690–1.2705 on Friday. A rebound from this zone could signal a reversal in favor.
Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and US dollar index on May 20th
In the next couple of days, you can count on a change in the exchange rate of the British pound major. Pressure on the calculated resistance is possible, with.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on May 20th
In the coming week, the euro price is expected to move in the opposite direction in a narrow corridor between the nearest zones. In the early days, you can expect.
GBP/USD: trading tips for beginners for European session on May 20
The price test of 1.2663 occurred at a time when the MACD indicator had sharply risen above the zero mark, which limited the GBP/USD pair's potential to rise. The lack.
EUR/USD: trading tips for beginners for European session on May 20
The price test of 1.0849 occurred at a time when the MACD indicator was just starting to rise from the zero mark, which confirmed the entry point.
Technical Analysis of Intraday Price Movement of Crude Oil Commodity Asset,Monday May 20, 2024.
With the appearance of deviations between price movements and the Stochastic Oscillator indicator on the 4-hour chart, the Crude Oil commodity asset gives an indication that in the near future.
Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs , Monday May 20, 2024.
If we look at the daily chart of the exotic currency pair USD/IDR, we can see that the price movement is forming an Ascending Broadening Wedge pattern accompanied.
Forecast for AUD/USD on May 20, 2024
AUD/USD The Australian dollar tried to jump towards the target level of 0.6627 on Friday but it stopped due to a minor support, after which it moved upwards and closed.
What to expect for the dollar next week?
The US news background, as always, caught the attention of the market. The US dollar is in a terrible state, declining for over a month against the euro.
Analysis of GBP/USD pair on May 17th. The pound heads into the weekend with a sense of accomplishment
The wave structure of the GBP/USD pair remains quite complex. A successful attempt to break through the 50.0% Fibonacci level in April indicated the market's readiness to form a downward.
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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.