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Forecast for EUR/USD on July 1, 2022
Mixed data on Europe and the US came out on Thursday, which led to a breakthrough of counter-dollar currencies into correction, the dollar index lost 0.39%...
GBP/USD: plan for the European session on July 1. COT reports. Pound bulls continue to defend 1.2100
Several ideal market entry points were formed yesterday. Let's take a look at the 5-minute chart and see what happened. I paid attention to the 1.2152 level in my morning...
Forecast for GBP/USD on July 1, 2022
The dollar index weakened by 0.39% on Thursday, which the British pound took advantage of for growth by 57 points. The 1.2073 target level has not been reached. Considering that...
Trading plan for EURUSD on July 01, 2022
EURUSD dropped through the 1.0382 lows before reversing sharply on Thursday. The single currency pair is seen to be trading close to 1.0450 at this point in writing...
Analysis and trading tips for EUR/USD on July 1
Analysis of transactions in the EUR / USD pair EUR/USD tested 1.0442 yesterday. At that time, the MACD line had just started to move above zero, so the pair rose...
US enters recession (expect a decrease in EUR/USD and USD/JPY)
The US is already in a state of economic recession. Although local political and economic authorities have not yet acknowledged this, Q1 GDP is undoubtedly down 1.6% amid unprecedented inflation...
Trading tips for gold
Gold moved down as expected, completing the Elliot Wave. This gave traders a record profit of around 4,000 pips. Plan: The yellow metal broke through the bottom of wave "A"...
Analysis and trading tips for GBP/USD on July 1
Analysis of transactions in the GBP / USD pair GBP/USD tested 1.2122 yesterday. At that time, the MACD line was far from zero, so the downside potential was limited. Shortly...
Trading plan for GBPUSD on July 01, 2022
GBPUSD dropped through 1.2090 intraday on Thursday before finding support and pulling back higher. The currency pair has carved an Engulfing Bullish candlestick pattern on the daily chart indicating...
Weekly forecast for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, and GOLD from July 1 (simplified wave analysis)
In distinct sessions over the course of the upcoming week, trading with a fractional lot may be successful on the euro market. Sales are subject to no conditions...