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Analytics today
On Friday, the EUR/USD pair experienced a decline to the lower line of the ascending trend channel. It did not reach the boundary, there was a reversal in favor.
GBP/USD. April 29th. Bulls find it extremely difficult to move upwards, but this week could change everything
On the hourly chart, the GBP/USD pair continued to trade between the levels of 1.2464 and 1.2517 on Friday and only managed to consolidate above the level of 1.2517.
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and the US dollar index on April 29th
For the upcoming week, there's a high probability that the price of the British pound will continue its overall downward trend. In the next few days, a brief upward price.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 29th
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.
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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.