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Analytics today
At the beginning of the upcoming week, a continuation of the flat movement along the levels of calculated resistance is expected for the European currency. Increased volatility can be expected.
GBP/USD: trading tips for beginners for European session on April 29
The price test of 1.2501 in the afternoon occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the correct.
Forecast for GBP/USD on April 29, 2024
GBP/USD On Friday, the British pound showed a trading range of more than 90 pips, piercing the resistance level at 1.2525 (38.2% Fibonacci) with the upper shadow of the daily.
Trading plan for GBP/USD on April 29. Simple tips for beginners
Analyzing Friday's trades: GBP/USD on 1H chart The GBP/USD pair also fell on Friday, but this did not have a significant impact. From a technical perspective, the downward trend remains.
What to expect for the pound next week?
Recently, the pound has been engaged in building an internal corrective wave as part of the presumed bearish 3 or c. Unlike the EUR/USD instrument, the wave.
USD/JPY: Simple trading tips for novice traders on April 26th (US session)
The price test at 155.97 occurred when the indicator was in oversold territory, allowing the scenario for buying on a rebound to continue the upward trend for the dollar observed.
GBP/USD: trading plan for the US session on April 26th (analysis of morning deals). The pound attempted, but it didn't go well
In my morning forecast, I paid attention to the 1.2524 level and planned to make decisions on entering the market from it. Let's look at the 5-minute chart and figure.
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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.