EUR/USD Forecast for December 24, 2024
The euro declined yesterday, retreating from the resistance level of 1.0461 and ending the day with a 24-pip drop. The Marlin oscillator also moved lower, indicating bearish momentum.
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Overview of the GBP/USD Pair: December 24. When Holidays Are Not an Obstacle
The GBP/USD currency pair experienced a decline on Monday, which we had anticipated. Over the weekend and on Monday, we pointed out that there was no solid fundamental reason.
Overview of the EUR/USD Pair: December 24. A New Attempt by the Euro Toward Parity
The EUR/USD currency pair continued to decline on Monday. In previous analyses, we pointed out that the euro's rise on Friday was entirely illogical and contrary to the ongoing trend.
Trading Recommendations and Review of GBP/USD on December 24: The Pound Sterling Returns to Initial Levels
The GBP/USD currency pair experienced a decline on Monday, and unlike the euro, it did not even attempt to make gains during the day. In previous articles, we noted that.
Trading Recommendations and Review of EUR/USD on December 24: Euro Starts with a Decline
The EUR/USD currency pair experienced renewed declines on Monday, which aligns with our previous forecasts. In earlier articles, we highlighted that Friday's increase seemed illogical, as the macroeconomic conditions.
EUR/USD: Consumer Confidence Index, Durable Goods Orders, and Trump's Bold Statements
The euro-dollar pair has once again returned to the 1.03 range. Buyers of EUR/USD attempted to break through the intermediate resistance level at 1.0450, which corresponds to the Tenkan-sen line.
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USD/JPY: Simple Trading Tips for Beginner Traders on December 23rd (U.S. Session)
There were no tests of the levels I mentioned earlier in the day. With no new signals or benchmarks, traders preferred to adopt a wait-and-see stance. Perhaps this may change.
GBP/USD: Simple Trading Tips for Beginner Traders on December 23rd (U.S. Session)
The test of the 1.2558 price level occurred when the MACD indicator had moved significantly below the zero mark, which, in my opinion, limited the pair's downward potential. For this.
EUR/USD: Simple Trading Tips for Beginner Traders on December 23rd (U.S. Session)
The test of the 1.0427 price level occurred when the MACD indicator had moved significantly below the zero mark, which, in my opinion, limited the pair's downWARD potential. For this.
GBP/USD: Trading Plan for the U.S.Session on December 23rd (Analysis of Morning Trades). Pound Drops on Weak Data
In my morning forecast, I highlighted the 1.2560 level and planned to base my market entries on it. Let's analyze the 5-minute chart to see what happened. A decline.
EUR/USD: Trading Plan for the U.S. Session on December 23rd (Analysis of Morning Trades)
In my morning forecast, I highlighted the 1.0421 level and planned to make trading decisions based on it. Let's look at the 5-minute chart to analyze what happened. A breakout.
Trading Signals for GOLD (XAU/USD) for December 23-25, 2024: sell below $2,623 (21 SMA - 3/8 Murray)
Early in the American session, gold is trading around 2,617, above the 21SMA, and below the downtrend channel forming since December 11. If gold consolidates above 2,625 in the next.
Trading Signals for BITCOIN (BTC/USD) for December 23-25, 2024: sell below $96,500 (21 SMA - 200 EMA)
Bitcoin is trading around 96,163, below the 21 SMA, and below the 200 EMA with a bearish outlook. Over the weekend, Bitcoin approached the psychological level of $100,000 but failed.
Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and the US Dollar Index on December 23rd
Summary Analysis:The dominant wave for GBP/USD has been upward for the past few years, establishing a new short-term trend. Currently, the price is near the lower boundary of a strong.
Weekly Forecast Using Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on December 23rd
Analysis:The dominant short-term trend of the EUR/USD pair has been defined by a downward wave since late August. A corrective wave has been developing since late November in the form.
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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.
