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The price test of 155.15 occurred at a time when the MACD indicator had significantly risen from the zero mark, which affected the dollar's potential to rise. For this reason.
Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday May 17 2024.
With the successful of the Polkadot cryptocurrency in breaking above the EMA 20 & EMA 50, it seems that in the near future this cryptocurrency will try to test.
Trading plan for GBP/USD on May 17. Simple tips for beginners
Analyzing Thursday's trades: GBP/USD on 1H chart GBP/USD also started a small bearish correction, but the upward trend remains intact. In fact, the dollar was quite lucky it didn't fall.
Forecast for GBP/USD on May 17, 2024
GBP/USD Yesterday, the British pound slightly declined, closing the day with a black candle for the first time in five days. The rise that we saw in the last five.
Outlook for EUR/USD on May 17. A modest correction might not have happened
The EUR/USD pair went through a minor bearish correction on Thursday. It was so weak that it's unclear whether the pair will even drop to the Senkou Span B line.
Analysis of GBP/USD pair on May 16th
The wave analysis for the GBP/USD pair remains quite complex. A successful attempt to break through the 50.0% Fibonacci level in April indicated the market's readiness to build a downward.
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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.