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The price test of 1.0835 occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry point to sell.
Trading plan for EUR/USD on May 24. Simple tips for beginners
Analyzing Thursday's trades: EUR/USD on 1H chart Yesterday, EUR/USD continued to edge down as part of the correction against the correction. Beginners should understand that all of the pair's upward.
Forecast for AUD/USD on May 24, 2024
AUD/USD On Thursday, along with the decline in stock indexes, prices for key Australian export commodities, including copper and iron ore, also fell. As a result, the AUD/USD pair's initial.
Analysis of EUR/USD pair on May 23rd. Buyers make a second attempt to test the 1.0880 level
The wave pattern on the 4-hour chart for EUR/USD remains unchanged. Currently, we are observing the formation of a presumed wave 3 in 3 or c of the downward trend.
Forecast of GBP/USD pair on May 23, 2024
On the hourly chart, the GBP/USD pair continued to trade slightly above the 1.2690-1.2705 zone on Wednesday and Thursday. Thus, the pair can continue moving upward towards the next resistance.
EUR/USD: Simple trading tips for novice traders on May 23rd (US session)
Analysis of transactions and tips on trading the European currency The price test of 1.0822 came when the MACD indicator started to decrease from zero, which allowed us to confirm.
GBP/USD: trading plan for the US session on May 23rd (analysis of morning deals). Buyers hit resistance at 1.2760
In my morning forecast, I paid attention to the 1.2730 level and planned to decide to enter the market from it. Let's look at the 5-minute chart and figure.
EUR/USD: trading plan for the US session on May 23rd (analysis of morning deals). The euro rebounded from the 1.0819 level
In my morning forecast, I highlighted the level of 1.0819 and planned to make market entry decisions based on it. Let's look at the 5-minute chart and understand what happened.
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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.