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Outlook for EUR/USD on May 17. A modest correction might not have happened

The EUR/USD pair went through a minor bearish correction on Thursday. It was so weak that it's unclear whether the pair will even drop to the Senkou Span B line...
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Analytical expert:
2024-05-17T01:09:39

Forecast for EUR/USD on May 17, 2024

EUR/USD After a sharp rise on Wednesday, the euro retreated by 16 pips the next day. This morning, it continues to show a corrective decline (following the preceding three days...
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Analytical expert:
2024-05-17T03:15:00

Outlook for GBP/USD on May 17. Pound corrected

GBP/USD slightly retreated from the week's highs. In general, Wednesday and Thursday allowed us to draw a nearly unequivocal conclusion about the nature of the pair's movements. The pound either...
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Analytical expert:
2024-05-17T01:09:46

Forecast for GBP/USD on May 17, 2024

GBP/USD Yesterday, the British pound slightly declined, closing the day with a black candle for the first time in five days. The rise that we saw in the last five...
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Analytical expert:
2024-05-17T03:14:56

Forecast for USD/JPY on May 17, 2024

USD/JPY The USD/JPY pair unexpectedly fell by 270 pips over two days and yesterday's lower shadow hit the support of the MACD line on the daily chart at the point...
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Analytical expert:
2024-05-17T03:14:51

Trading plan for EUR/USD on May 17. Simple tips for beginners

Analyzing Thursday's trades: EUR/USD on 1H chart The EUR/USD started a minor correction, and it may continue this movement on Friday. A decline of 30-40 pips is nothing...
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Analytical expert:
2024-05-17T04:46:29

Trading plan for GBP/USD on May 17. Simple tips for beginners

Analyzing Thursday's trades: GBP/USD on 1H chart GBP/USD also started a small bearish correction, but the upward trend remains intact. In fact, the dollar was quite lucky it didn't fall...
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Analytical expert:
2024-05-17T04:46:34

Analysis of GBP/USD pair on May 16th

The wave analysis for the GBP/USD pair remains quite complex. A successful attempt to break through the 50.0% Fibonacci level in April indicated the market's readiness to build a downward...
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Analytical expert:
2024-05-16T16:33:36

The yen got its way

Third time's the charm. Did the Bank of Japan intervene in the Forex market for the third time in the past two and a half weeks? Or was the sharp...
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Analytical expert:
2024-05-16T22:55:08

Will the dollar rise from its knees?

After the party comes the hangover. The EUR/USD surged to its highest levels since the end of March, and it brings a sense of deja vu. Back then, just...
iconRelevance until2024-05-21
Analytical expert:
2024-05-16T22:50:32
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