This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.
Analytics today
Analyzing Friday's trades: GBP/USD on 1H chart GBP/USD also showed an upward movement on Friday. While there were only two reports for the EUR/USD pair, both of which supported.
What to expect for the pound next week?
Demand for the British pound has also been rising recently, despite the news background and wave analysis. The market has become quite calm regarding the complexity of the current wave.
Analysis of GBP/USD pair on May 24th. Another British report showed weakness, but who cares?
The wave pattern for GBP/USD remains quite complex. A successful attempt to break the 50.0% Fibonacci level in April indicated the market's readiness to form a downward wave.
EUR/USD: Simple trading tips for novice traders for May 24th (US session)
Analysis of transactions and tips on trading the European currency The price test of 1.0827 came at a time when the MACD indicator went up a lot from zero, which.
GBP/USD: trading plan for the US session on May 24th (analysis of morning deals). Sellers missed 1.2700
In my morning forecast, I paid attention to the 1.2700 level and planned to decide to enter the market from it. Let's look at the 5-minute chart and figure.
EUR/USD: trading plan for the US session on May 24th (analysis of morning deals). The euro is not going to give up
I focused on the 1.0820 level in my morning forecast and planned to make entry decisions from there. Let's look at the 5-minute chart and analyze what happened. A breakout.
EUR/USD. May 24th. The bears are starting to go on the offensive
On Thursday, the EUR/USD pair rose by 45 points but then reversed in favor of the US dollar and resumed its decline towards the support zone of 1.0785–1.0797. A bounce.
Trading Signals for GOLD (XAU/USD) for May 24-28, 2024: buy above $2,333 (200 EMA - oversold)
Our trading plan for the next few hours is to buy gold above 2,330, with targets at 2,365 and 2,388. We could set a stop loss below.
EUR/USD: trading tips for beginners for European session on May 24
The price test of 1.0835 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.
Show more
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.