Analysis of GBP/USD on November 7, 2024
The wave structure of GBP/USD remains complex and continues to evolve into a more extended pattern. At present, there is a strong likelihood that a downward trend is beginning.
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Trading Signals for BITCOIN (BTC/USD) for November 7-9, 2024: sell below $75,000 (200 EMA - 8/8 Murray)
If Bitcoin consolidates below 8/8 Murray in the next few hours, there is strong bearish pressure, which could quickly push the price down to 7/8 Murray at 71,800. BTC could.
Trading Signals for GOLD (XAU/USD) for November 7-9, 2024: buy above $2,666 (200 EMA - 4/8 Murray)
The 200 EMA zone is a decisive area. If gold breaks and consolidates above this zone, could be seen as an opportunity to continue buying. The price may reach 5/8.
USD/JPY: Simple Trading Tips for Beginner Traders for November 7th (U.S. Session)
Analysis of trades and trading tips for the Japanese yen The test of the 153.84 level occurred when the MACD indicator moved significantly below the zero mark, limiting the pair's.
GBP/USD: Simple Trading Tips for Beginner Traders on November 7th (U.S. Session)
Analysis of trades and trading advice for the British pound The test of the 1.2941 level occurred when the MACD indicator was significantly above the zero mark, limiting the pair's.
EUR/USD: Simple Trading Tips for Beginners on November 7th (U.S. Session)
Trade Analysis and Advice for the Euro The first test of the 1.0759 price occurred when the MACD was significantly above zero. Within the euro's bearish trend, this limited.
GBP/USD: Trading Plan for the U.S. Session on November 7th (Morning Trade Review)
In my morning forecast, I highlighted the 1.2925 level as key for making trading decisions. Let's examine the 5-minute chart to assess the developments. A breakout and retest of 1.2925.
EUR/USD: Trading Plan for the U.S. Session on November 7th (Morning Trade Review)
In my morning forecast, I highlighted the 1.0755 level as key for making market entry decisions. Let's examine the 5-minute chart to assess the events. A breakout and subsequent retest.
EUR/USD: November 7 – Trump Is Not Yet President, and the FOMC Meeting Lies Ahead
On Wednesday, the EUR/USD pair fell close to the 261.8% corrective level at 1.0662. This movement can be described as impulsive. Currently, the pair's quotes are recovering toward the resistance.
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GBP/USD: November 7 – The Pound on the Brink of Another Decline
On the hourly chart, the GBP/USD pair dropped to its previous low on Wednesday but failed to close below it. This leaves a glimmer of hope for the pound's recovery.
Forex forecast 07/11/2024: EUR/USD, GBP/USD and Bitcoin
Video Agenda: 00:00 INTRO 00:12 Totay's key events: BoE Interest Rate Decision, Initial Jobless Claims, Fed Interest Rate Decision, FOMC Statement, FOMC Press Conference 02:55 EUR/USD 06:27 GBP/USD 09:20 BTC/USD.
Trading Recommendations for the Cryptocurrency Market on November 7
Trump won the US election, in which bitcoin and ether reacted with solid growth. The world's first cryptocurrency hit an all-time high of around $76,000, while Ethereum gained over 8%.
USDJPY: Simple Trading Tips for Beginner Traders on November 7. Review of Yesterday's Forex Deals
Analysis of Trades and Trading Tips for the Japanese Yen The test of the 154.19 level occurred when the MACD indicator was beginning to move upward from the zero mark.
GBPUSD: Simple Trading Tips for Beginner Traders on November 7. Review of Yesterday's Forex Deals
Trade Analysis and Tips for Trading the British Pound The test of the 1.2880 level occurred when the MACD indicator was just beginning to move downward from the zero mark.
EURUSD: Simple Trading Tips for Beginner Traders on November 7. Review of Yesterday's Forex Deals
Trade Analysis and Tips for Trading the Euro The test of the 1.0741 level occurred when the MACD indicator was just beginning to move downward from the zero mark. This.
Trump 2.0 - Markets Explode: Dow, S&P, Nasdaq Hit Record Highs!
On Wednesday, U.S. stock indexes showed a sharp rise, reaching record levels, after Donald Trump won the 2024 U.S. presidential election in a sensational victory. Four years after leaving.
What to Watch on November 7? Analysis of Fundamental Events for Beginners
Quite a few macroeconomic events are scheduled for Thursday, but none are significant. In the Eurozone, industrial production and retail sales reports will be published. In the United States, data.
How to Trade the GBP/USD Pair on November 7? Simple Tips and Trade Analysis for Beginners
Analysis of Wednesday's Trades: 1H Chart of GBP/USD Pair The GBP/USD pair also experienced a significant drop on Wednesday, triggered by the U.S. presidential elections. As we mentioned, there.
How to Trade the EUR/USD Pair on November 7? Simple Tips and Trade Analysis for Beginners
Analysis of Wednesday's Trades: 1H Chart of EUR/USD Pair The EUR/USD currency pair plummeted by nearly 250 pips on Wednesday. Most of the downward movement occurred overnight, triggered.
Technical Analysis of Daily Price Movement of Nasdaq 100 Index, Thursday November 07, 2024.
Although on its daily chart the Nasdaq 100 index is moving above the WMA (30 Shift 2) but with the appearance of deviations between the price movement of #NDX.
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We present to you the daily updated section of market analysis prepared by professional analysts of InstaSpot Company. Each of the specialists represented in this section, carries out analytical reviews in accordance with his/her vision of the current situation on foreign exchange and other markets. However, the outlooks below are only recommendations and not instructions to any actions; they contain analysis of the current situation on the currency market. In some cases the analysts' opinions to changes in the current market situation can differ, in this way, we recommend you to follow the publications of only one analyst, who in your view most clearly and correctly evaluates the situation on the international Forex market.
