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Forex Analysis
Key events on April 24: fundamental analysis for beginners
Relatively few macroeconomic events scheduled for Wednesday. One might pay attention to the IFO Business Climate Index in Germany. But the main focus will be on the US report...
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Analytical expert:
2024-04-24
Forex Analysis
Trading plan for GBP/USD on April 24. Simple tips for beginners
Analyzing Tuesday's trades: GBP/USD on 1H chart The GBP/USD pair also showed quite a strong upward movement on Tuesday, which was solely triggered by the macro data. Take note that...
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Analytical expert:
2024-04-24
Forex Analysis
Trading plan for EUR/USD on April 24. Simple tips for beginners
Analyzing Tuesday's trades: EUR/USD on 1H chart EUR/USD continued to correct higher on Tuesday. The euro strengthened throughout the day, however, circumstances played a significant role. We did not expect...
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Analytical expert:
2024-04-24
Forex Analysis
Forecast for EUR/USD on April 24, 2024
EUR/USD Yesterday, the euro rose by 47 pips while risk assets were up across the market: stocks, commodities, and bonds. The single currency surpassed the signal level of 1.0696...
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Analytical expert:
2024-04-24
Forex Analysis
Forecast for GBP/USD on April 24, 2024
GBP/USD Yesterday, the British currency surged by 98 pips, overcoming two target resistances at once. However, the pound rose on average trading volumes, which means that you may still consider...
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Analytical expert:
2024-04-24
Forex Analysis
Forecast for AUD/USD on April 24, 2024
AUD/USD Under the influence of related markets, the Australian dollar has overcome the resistance of the target level at 0.6480. Most likely, today's session will close with a white candle...
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Analytical expert:
2024-04-24
Forex Analysis
Outlook for GBP/USD on April 24. The pound has perked up
GBP/USD showed quite a strong rise on Tuesday. The macroeconomic background supported the pound. Although, we can't say that it completely supported the British currency, but nonetheless, three...
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Analytical expert:
2024-04-24
Forex Analysis
Outlook for EUR/USD on April 24. Euro rose to the upper boundary of the channel
EUR/USD continued to move inside an almost horizontal, but formally known as an ascending channel. Since the last rebound occurred from the lower boundary of the channel, the price rose...
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Analytical expert:
2024-04-24
Forex Analysis
The euro miscalculated its strength
The bulls attacked the EUR/USD pair after the eurozone Purchasing Managers' Index (PMI) data rose to nearly year-long highs. However, the pair failed to move significantly higher. The euro...
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Analytical expert:
2024-04-23
Forex Analysis
Video market update for April 23, 2024
Potential for the breakout on the EUR/USD...
Relevance until2024-04-24
Analytical expert:
2024-04-23