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In the coming days, we can expect a continuation of the flat mood of the euro movement. A short-term decline to the support area is not excluded. Next.
GBP/USD: trading tips for beginners for European session on June 3
The price test of 1.2729 occurred at a time when the MACD indicator was just starting to move up from the zero mark, which confirmed the entry point.
Trading plan for EUR/USD on June 3. Simple tips for beginners
Analyzing Friday's trades: EUR/USD on 1H chart EUR/USD advanced on Friday. Almost all of last week's key reports from the Eurozone and the US worked in favor of the euro.
Forecast for GBP/USD on June 3, 2024
GBP/USD The British pound continues to rise ahead of the upcoming European Central Bank and Federal Reserve meetings. If the pound maintains this momentum, it could reach the target level.
Technical Analysis of Intraday Price Movement of GBP/USD Main Currency Pairs, Monday June 03 2024.
If we look at the 4-hour chart, the main currency pair GBP/USD can be seen forming a Bullish 123 pattern followed by the appearance of a Bullish Ross Hook (RH).
USD/JPY: Simple trading tips for novice traders on May 31st (US session)
Analysis of transactions and tips on trading the Japanese yen The price test of 157.03 came when the MACD indicator went up a lot from zero, limiting the pair's upward.
GBP/USD: trading plan for the US session on May 31st (analysis of morning deals). The pound was bought in the area of 1.2706
In my morning forecast, I paid attention to the level of 1.2706 and planned to enter the market from it. Let's look at the 5-minute chart and figure out what.
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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.