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Analytics today
The Dow Jones Industrial Average (.DJI), which has lagged the leading U.S. stock indexes this year, topped 40,000 for the first time on Thursday, briefly setting a new record.
EUR/USD: trading tips for beginners for European session on May 17
The price test of 1.0858 occurred at a time when the MACD indicator had sharply fallen below the zero mark, which limited the EUR/USD pair's potential to fall.
Trading Signals for EUR/USD for May 17-21, 2024: sell below 1.0864 (21 SMA - 6/8 Murray)
A positive outlook could still be maintained for the euro if it consolidates above 1.0750. Above this area, the euro could resume its bullish cycle and reach the psychological level.
Forecast for EUR/USD on May 17, 2024
EUR/USD After a sharp rise on Wednesday, the euro retreated by 16 pips the next day. This morning, it continues to show a corrective decline (following the preceding three days.
Outlook for GBP/USD on May 17. Pound corrected
GBP/USD slightly retreated from the week's highs. In general, Wednesday and Thursday allowed us to draw a nearly unequivocal conclusion about the nature of the pair's movements. The pound either.
Will the dollar rise from its knees?
After the party comes the hangover. The EUR/USD surged to its highest levels since the end of March, and it brings a sense of deja vu. Back then, just.
USD/JPY: Simple trading tips for novice traders on May 16th (US session)
Trade analysis and tips for trading the Japanese yen The price test at 154.17 occurred when the MACD started moving up from the zero mark, confirming the scenario for buying.
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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.