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The wave analysis for GBP/USD remains quite complex but may be simplified in the coming weeks. A successful attempt to break the Fibonacci level of 50.0% indicates the market's readiness.
GBP/USD: Simple trading tips for novice traders on April 16th (US session)
Trade Analysis and Advice on Trading the British Pound We didn't quite reach the price test at 1.2455 in the first half of the day, so there were no suitable.
GBP/USD: trading plan for the US session on April 16th (analysis of morning deals). The pound was quickly bought back around 1.2411
In my morning forecast, I pointed out the level of 1.2411 and planned to make decisions based on it for market entry. Let's take a look at the 5-minute chart.
EUR/USD. April 16th. Bears continue to advance against the backdrop of strong US statistics
The EUR/USD pair continued its downward trajectory on Monday and consolidated below the corrective level of 127.2%-1.0619. The consolidation is hesitant, but until a reversal is confirmed above the level.
USD/JPY: trading tips for beginners for European session on April 16
Overview of yesterday's trading and tips on USD/JPY The test of 153.94 in the afternoon occurred at the time when the MACD indicator was just beginning to move upward from.
Hot forecast for EUR/USD on April 16, 2024
Not only has the apparent divergence in the future actions of the European Central Bank and the Federal Reserve literally set the euro on a path towards parity with.
Overview of the GBP/USD pair. April 16th. The pound may rebound, but the flat is over, and there are no reasons for growth
After a three-day decline, the GBP/USD currency pair started an upward correction on Monday. The correction, as well as the pair's volatility during the day, was weak. If we exclude.
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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.