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Analytics today
The EUR/USD pair is moving around the base of the downward cycle, where a sideways range has formed. The support level is at 1.0600, while the peak of the sideways.
Technical Analysis of Intraday Price Movement of Natural Gas Commodity Asset, Tuesday April 23, 2024.
From what we see on the 4-hour chart, the Natural Gas commodity asset shows a Bullish 123 pattern, the level of the Bullish Fair Value Gap area and the intersection.
Key events on April 23: fundamental analysis for beginners
A significant number of macroeconomic events are scheduled for Tuesday. The UK, the US, and the wider Eurozone area will see updates to Purchasing Managers Index (PMI) figures. These indices.
Forecast for GBP/USD on April 23, 2024
GBP/USD The British pound worked through the target range of 1.2287-1.2307 yesterday and moved out of it, approaching the resistance level at 1.2370. However, we didn't expect the price.
Outlook for EUR/USD on April 23. Boring Monday went off without a hitch
EUR/USD traded mostly sideways with low volatility on Monday. We have seen the same movement for six days now, so we have formed a channel that illustrates the current direction.
GBP/USD: Simple trading tips for novice traders on April 22nd (US session)
Analysis of Trades and Trading Advice on the British Pound The test of the price at 1.2371 in the first half coincided with the moment when the MACD indicator started.
EUR/USD: trading plan for the US session on April 22nd (analysis of morning deals). The euro will continue trading within the channel
In my morning forecast, I drew attention to the level of 1.0645 and planned to make decisions regarding market entry based on it. Let's look at the 5-minute chart.
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and US dollar index on April 22nd
Pressure on the resistance zone is expected in the next couple of days. Then, a reversal and a resumption of the bearish trend can be anticipated. When the direction changes.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 22nd
In the coming days, a general sideways movement of the euro is expected. After a likely rebound from the resistance zone, a reversal and resumption of the pair's downtrend.
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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.