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Analytics today
There are quite a few macro events scheduled for Tuesday, but there will be few important data points. In the European Union, the economic sentiment indices from the ZEW Institute.
Overview of the GBP/USD pair. April 16th. The pound may rebound, but the flat is over, and there are no reasons for growth
After a three-day decline, the GBP/USD currency pair started an upward correction on Monday. The correction, as well as the pair's volatility during the day, was weak. If we exclude.
Trading plan for EUR/USD on April 16. Simple tips for beginners
Analyzing Monday's trades: EUR/USD on 1H chart EUR/USD returned to its favorite style of movement over the past few months – low volatility. However, take note that the downtrend persists.
Forecast for GBP/USD on April 16, 2024
GBP/USD Yesterday, the British pound rebounded from the support level of 1.2427 by 60 pips, but the attempt was thwarted, and the GBP/USD pair closed the day down.
Outlook for EUR/USD on April 16. Another boring Monday
No notable movements on Monday. There were few news releases, but there was still something. However, the market did not find anything interesting, considering only the retail sales report.
Trading Signals for GBP/USD for April 15-17, 2024: buy above 1.2450 (21 SMA - 0/8 Murray)
If the British pound fails to break the downtrend channel, we could expect a technical correction around 0/8 Murray located at 1.2412. If a technical bounce occurs, this will.
Trading Signals for ETH/USD (Ethereum) for April 15-17, 2024: buy above $3,125 (200 EMA - 2/8 Murray)
Early in the American session, ETH/USD is trading around 3,239 within the uptrend channel forming on the H1 chart. After having reached the psychological level of $3,000 and after having.
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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.