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USD loses its downward momentum
Today, the dollar index is trying to limit the falls of the last few days and is above 104.2. The EUR/USD exchange rate approached the 1.0900 mark. This is more...
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Analytical expert:
2024-05-16
Forex Analysis
Forecast of EUR/USD pair on May 16th
The EUR/USD pair continued its upward movement on Wednesday, reaching the corrective level of 76.4%–1.0892. A rebound of the pair's rate from this level will favor the American currency...
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Analytical expert:
2024-05-16
Forex Analysis
Video market update for May 16, 2024
Potential for the downside day on the Gold...
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Analytical expert:
2024-05-16
Forex Analysis
GBP/USD. May 16th. The market still believes in the FOMC rate cut
On the hourly chart, the GBP/USD pair on Wednesday consolidated above the level of 1.2611 and rose to the corrective level of 23.6%-1.2690. A rebound from this level will favor...
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Analytical expert:
2024-05-16
Forex Analysis
Forex forecast 05/16/2024: EUR/USD, GBP/USD, USD/JPY, USDX and Bitcoin from Sebastian Seliga
Video Agenda: 00:00 INTRO 00:14 Today's key events: GDP, Employment Change, Industrial Production, German Buba Mauderer Speaks, Building Permits, Philadelphia Fed Manufacturing Index, Initial Jobless Claims 02:44 EUR/USD 04:18 USD/JPY...
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Analytical expert:
2024-05-16
Forex Analysis
USD/JPY: trading tips for beginners for European session on May 16
The price test of 155.72 occurred at a time when the MACD indicator had sharply fallen from the zero mark, which affected the dollar's potential to decline. For this reason...
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Analytical expert:
2024-05-16
Forex Analysis
GBP/USD: trading tips for beginners for European session on May 16
The price test of 1.2627 occurred at a time when the MACD indicator was just starting to move up from the zero mark, which confirmed the entry point...
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Analytical expert:
2024-05-16
Forex Analysis
EUR/USD: trading tips for beginners for European session on May 16
The price test of 1.0837 occurred at a time when the MACD indicator was just starting to move up from the zero mark, which confirmed the entry point...
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Analytical expert:
2024-05-16
Forex Analysis
Trading plan for GBP/USD on May 16. Simple tips for beginners
Analyzing Wednesday's trades: GBP/USD on 1H chart GBP/USD continued to rise throughout Thursday, although it had no reasons to do so. As we have previously mentioned, the US inflation report...
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Analytical expert:
2024-05-16
Forex Analysis
Trading plan for EUR/USD on May 16. Simple tips for beginners
Analyzing Wednesday's trades: EUR/USD on 1H chart The EUR/USD continued its upward movement on Wednesday, and it traded even higher. Yesterday proved the obvious fact: the market has started...
Relevance until2024-05-17
Analytical expert:
2024-05-16