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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...
Relevance until2024-05-17
Analytical expert:
2024-05-16T07:22:32
Forecast for GBP/USD on May 16, 2024
GBP/USD Yesterday, the pound took advantage of the bullish momentum in adjacent markets and it managed to overcome strong resistance from trend and indicator lines at 1.2596 and 1.2648...
Relevance until2024-05-17
Analytical expert:
2024-05-16T03:20:48
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...
Relevance until2024-05-17
Analytical expert:
2024-05-16T07:22:29
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...
Relevance until2024-05-17
Analytical expert:
2024-05-16T10:31:46
Outlook for EUR/USD on May 16. The market saw a hidden message in the US inflation data
The EUR/USD pair continued to trade upwards on Wednesday. Volatility was a bit higher, as we had anticipated. Obviously, the U.S. inflation report is a very important event...
Relevance until2024-05-17
Analytical expert:
2024-05-16T01:07:03
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...
Relevance until2024-05-17
Analytical expert:
2024-05-16T07:22:23
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...
Relevance until2024-05-17
Analytical expert:
2024-05-16T10:12:07
Forecast for EUR/USD on May 16, 2024
EUR/USD Yesterday's market rally was spectacular: S&P 500 up 1.17%, gold up 1.55%, euro up 0.69% (64 pips). However, what's spectacular about it is not so much the price dynamics...
Relevance until2024-05-17
Analytical expert:
2024-05-16T03:20:52
EUR/USD: trading plan for the US session on May 16th (analysis of morning deals)
In my morning forecast, I emphasized the level of 1.0879 and planned to make decisions based on it for market entry. Let's look at the 5-minute chart and figure...
Relevance until2024-05-17
Analytical expert:
2024-05-16T13:48:07
Forecast for AUD/USD on May 16, 2024
AUD/USD Yesterday, the Australian dollar strengthened along with other commodity-linked currencies, covering the entire range of target levels between 0.6627 and 0.6690. In today's Asian session, the price even tried...
Relevance until2024-05-17
Analytical expert:
2024-05-16T03:20:43
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