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The price test of 156.97 occurred at a time when the MACD indicator had sharply fallen from the zero mark, which limited the USD/JPY pair's potential to fall. Although.
Trading plan for GBP/USD on June 3. Simple tips for beginners
Analyzing Friday's trades: GBP/USD on 1H chart On Friday, the GBP/USD pair also edged higher, and overall, volatility was about 70 pips. Traders might be accustomed to such volatility.
Forecast for EUR/USD on June 3, 2024
EUR/USD On Friday, the euro tested the upper boundary of the price channel. If the price aims to test this line again, the resistance will be slightly lower at 1.0880.
Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Monday June 03 2024.
With the EMA 50 condition which is above the EMA 200 on the 4 hour chart, it gives an indication that the Golden Cross condition confirms that Buyers are still.
Analysis of GBP/USD pair on May 31st. The PCE index also works against the dollar
For the GBP/USD pair, the wave analysis remains quite complicated. A successful attempt to break through the 50.0% Fibonacci level in April indicated that the market was ready to build.
EUR/USD: Simple trading tips for novice traders on May 31st (US session)
Analysis of transactions and tips on trading the European currency The price test of 1.0825 came at a time when the MACD indicator was starting to move up from zero.
EUR/USD. May 31st. The economic data stopped the bears again
On Thursday, the EUR/USD pair rebounded from the support zone of 1.0785–1.0797, reversed in favor of the euro, and rose. On Friday, it reversed in favor of the euro again.
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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.