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Analytics today
From what we see on the 4-hour chart, the Natural Gas commodity asset shows a Bullish 123 pattern, the level of the Bullish Fair Value Gap area and the intersection.
Forecast for EUR/USD on April 23, 2024
EUR/USD Yesterday, the euro held the candle body in the range of 1.0636/56, and even closed the day slightly lower. However, the Marlin oscillator continued to rise on the daily.
Outlook for GBP/USD on April 23. The pound resumed its decline without delay
GBP/USD unexpectedly fell on Monday. The British pound had been in a flat state for four months, and volatility has been particularly low for several months. However, the last.
The dollar is armed
Highest yields and demand for safe haven assets. These are the two key ingredients for a stronger USD in 2024. At the beginning of the year, few believed that.
GBP/USD: trading plan for the US session on April 22nd (analysis of morning deals). The pound continues to fall
In my morning forecast, I paid attention to the 1.2340 level and planned to make decisions on entering the market from it. Let's look at the 5-minute chart and figure.
EUR/USD: trading plan for the US session on April 22nd (analysis of morning deals). The euro will continue trading within the channel
In my morning forecast, I drew attention to the level of 1.0645 and planned to make decisions regarding market entry based on it. Let's look at the 5-minute chart.
GBP/USD. April 22nd. The bulls continue to retreat
On the hourly chart, the GBP/USD pair on Friday rebounded from the corrective level of 50% (1.2464), favoring the American currency and falling towards the support zone at 1.2363–1.2370.
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and US dollar index on April 22nd
Pressure on the resistance zone is expected in the next couple of days. Then, a reversal and a resumption of the bearish trend can be anticipated. When the direction changes.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 22nd
In the coming days, a general sideways movement of the euro is expected. After a likely rebound from the resistance zone, a reversal and resumption of the pair's downtrend.
USD/JPY: trading tips for beginners for European session on April 22
The tests of the price levels I identified in the afternoon did not materialize. The pair managed to recover its losses, and it stayed near the daily high during.
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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.