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Analytics today
On Friday, the EUR/USD pair reversed in favor of the euro and began a new rise towards the corrective level of 76.4% (1.0892). Given the pair's movement over the last.
Forecast of GBP/USD pair on May 27, 2024
On the hourly chart, the GBP/USD pair bounced off the support zone of 1.2690–1.2705 on Friday and turned in favor of the British pound, resuming growth towards the resistance zone.
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, #Ethereum, and US dollar index on May 27th
Analysis: Since March this year, the trend of the major British pound has been upward. Since early April, the price has been drifting. The final part of the corrective structure.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on May 27th
Analysis: Since last summer, the quotes of the main European currency pair have been forming a descending horizontal pennant. From a powerful potential reversal zone on the daily time frame.
In the thick of things: inflation in the West and financial news from the East
Experts are looking forward to the release of the US personal consumption price (PCE) index this Friday, which is a key indicator for the Federal Reserve System (Fed). The data.
EUR/USD: trading tips for beginners for European session on May 27
The price test of 1.0856 occurred at a time when the MACD indicator had sharply risen above the zero mark, which limited the EUR/USD pair's potential to rise. For this.
Forecast for EUR/USD on May 27, 2024
EUR/USD On Friday, the euro corrected upwards against the entire movement that started since May 16th. The correction turned out to be deep, almost 62%, and if it suddenly continues.
Trading Signals for GOLD (XAU/USD) for May 27-29, 2024: buy above $2,335 (21 SMA - rebound)
In case gold falls below the low of 2,330, we should avoid buying as a bearish acceleration could occur. The best solution would be to wait for a new technical.
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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.