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Analyzing Wednesday's trades: GBP/USD on 1H chart The GBP/USD pair continued to correct higher with low volatility. The market had no reason to buy the pound on Wednesday.
Forecast for EUR/USD on April 25, 2024
EUR/USD Yesterday, the euro stalled at the signal-intermediate level of 1.0696 (February 14 low) and even closed above it with a daily candle. The Marlin oscillator's signal line crossed above.
Outlook for GBP/USD on April 25. Is the pound preparing for growth?
On Wednesday, GBP/USD showed very weak volatility, but by the end of the day, it clearly wanted to resume its upward movement. As we have previously mentioned, it is logical.
Will the dollar get stabbed in the back?
The situation is a mixed bag, and even the U.S. doesn't call the shots. Europe has brought good news for two consecutive days. First, Eurozone business activity rose.
Analysis of the GBP/USD pair on April 24, 2024
Regarding the GBP/USD pair, the wave analysis remains quite complex but may become clearer in the coming weeks. A successful attempt to break the Fibonacci level of 50.0% indicates.
EUR/USD: Simple trading tips for novice traders on April 24th (US session)
Trade analysis and advice on trading the European currency There was no test of the levels I marked in the first half of the day. For this reason.
Forecast for the EUR/USD pair on April 24, 2024
The EUR/USD pair on Tuesday rose to the corrective level of 100.0% (1.0696) and consolidated above it. Thus, the growth process can be continued toward the next Fibonacci level.
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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.