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The EUR/USD pair rebounded from the resistance zone of 1.0764–1.0806 on Tuesday, indicating a potential reversal in favor of the US dollar and a slight decline towards the lower line.
GBP/USD: trading tips for beginners for European session on May 9
The price test of 1.2500 occurred at a time when the MACD indicator had sharply risen above the zero mark, which limited the GBP/USD pair's bullish potential. For this reason.
Trading plan for GBP/USD on May 9. Simple tips for beginners
Analyzing Wednesday's trades: GBP/USD on 1H chart The GBP/USD pair traded flat throughout Wednesday. The day's volatility amounted to a mere 37 pips, which is absolutely low for the pound.
Forecast for GBP/USD on May 2024
GBP/USD After the pound made a small effort to move lower, it stopped due to the target support at 1.2465. At the same time, the Marlin oscillator signal line stopped.
Outlook for EUR/USD on May 9. Third consecutive boring day for the euro
EUR/USD did not show any interesting movements on Wednesday. Volatility was less than 30 pips, which is slightly less than the last two days. Despite the minor downward movement, seeing.
Analysis of EUR/USD on May 8th. Euro aims for the 1.5 figure
The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. At the moment, we are observing the construction of the presumed wave.
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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.