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Recently, the US dollar has not been particularly popular among traders, who have shifted their focus to more attractive risk assets. However, this situation could end as quickly.
Trading plan for GBP/USD on April 18. Simple tips for beginners
Analyzing Wednesday's trades: GBP/USD on 1H chart The GBP/USD pair continued to trade sideways on Wednesday. After the price broke out of the 1.25-1.28 sideways channel, the pair suddenly stopped.
Technical Analysis of Daily Price Movement of GBP/USD Main Currency Pairs,Thursday April 18 2024.
Based on what can be seen on the daily chart, the main currency pair GBP/USD seems that in the near future the Cable has the potential to strengthen upwards again.
Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday April 18 2024.
Even though currently on the 4-hour chart the Nasdaq 100 index has a Death Cross crossing between the 50 and 200 MAs, the appearance of the Descending Broadening Wedge pattern.
Forecast for GBP/USD on April 18, 2024
GBP/USD Yesterday, the British pound failed to settle above the level of 1.2427 and rose by 28 pips while the dollar temporarily showed broad weakness. The signal line.
Outlook for EUR/USD on April 18. Euro has fallen into a new flat
EUR/USD traded mostly sideways with low volatility on Wednesday. The low market activity can be attributed to the weak fundamental and macroeconomic background. There were no significant events during.
Powell made a bold point, while Bailey did not report anything important
Tuesday was interesting not only with a whole series of interesting reports in the US and the UK but also because of the speeches by Andrew Bailey and Jerome Powell.
Trading Signals for Ethereum (ETH/USD) for April 17-19, 2024: sell below $3,125 (21 SMA - 2/8 Murray)
Our trading plan for the next few hours is to sell ETH/USD below 3,100. As long as it trades below the 21 SMA, the token will remain under bearish pressure.
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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.