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In my morning forecast, I paid attention to the 1.2698 level and planned to decide to enter the market based on it. Let's look at the 5-minute chart and figure.
GBP/USD. May 20th. The 1.2690–1.2705 zone can stop the bulls
On the hourly chart, the GBP/USD pair returned to the resistance zone of 1.2690–1.2705 on Friday. A rebound from this zone could signal a reversal in favor.
Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and US dollar index on May 20th
In the next couple of days, you can count on a change in the exchange rate of the British pound major. Pressure on the calculated resistance is possible, with.
Wall Street Week: Key Events and Forecasts for the Days Ahead
U.S. stock markets were mixed in Friday trading, led by gains in the oil, gas, materials and financials sectors, while the technology, consumer discretionary and utilities sectors posted negative results.
EUR/USD: trading tips for beginners for European session on May 20
The price test of 1.0849 occurred at a time when the MACD indicator was just starting to rise from the zero mark, which confirmed the entry point.
Technical Analysis of Intraday Price Movement of Crude Oil Commodity Asset,Monday May 20, 2024.
With the appearance of deviations between price movements and the Stochastic Oscillator indicator on the 4-hour chart, the Crude Oil commodity asset gives an indication that in the near future.
Forecast for EUR/USD on May 20, 2024
EUR/USD On Friday, the euro tried a downward move as part of the continuation of the correction from May 16, but closer to the end of the day, it sharply.
Trading plan for GBP/USD on May 20. Simple tips for beginners
Analyzing Friday's trades: GBP/USD on 1H chart GBP/USD continued its upward movement on Friday. The British pound did not even attempt to correct lower, unlike the euro. While the single.
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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.