Forecast for EUR/USD on May 30, 2023
EUR/USD: Yesterday, when the US and UK had a holiday, the euro cautiously tested the resistance of the nearest descending price channel line and ended the day lower. It appears.
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What to pay attention to on May 30? A breakdown of fundamental events
There will be no macro data on Tuesday. Typically, we pay attention to important reports and note secondary ones (which can trigger a reaction in case of a significant deviation.
How to trade GBP/USD on May 30. Simple trading tips and analysis for beginners
On Monday, the GBP/USD pair managed to show even lower volatility than the EUR/USD pair, with only 37 pips. Therefore, there is no point in analyzing the movements because there.
USD/JPY. Downward retracements, upward prospects
The USD/JPY pair reached a six-month price high, approaching the 141 level. After peaking at 140.93, USD/JPY buyers began to take profits en masse, dampening the upward momentum. Bears then.
Positive news contributes to an increase in risk demand, and the dollar braces to strengthen. USD, EUR, GBP overview.
The main news of the weekend was the agreement on the US debt limit, which may serve as a basis for increased risk demand at the beginning of the week.
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EUR/JPY: new leg higher expected
The EUR/JPY pair crashed in the short term, but the sell-off seems over. It's trading at 150.33 at the time of writing. After its strong growth, a short-term correction.
May 29, 2023 : Analyzing Recent Trends and Trading Opportunities in EUR/USD: A Technical Analysis Perspective.
The 1.0930 level was a key barrier for buyers, who could only lift the prices to 1.1000 briefly. Therefore, the current level of 1.1000 was important to be watched watch.
May 29, 2023 : EUR/USD Intraday technical analysis and trading plan.
The bulls also controlled the price action near the important level of 1.0550-1.0600, resulting in more bullish continuation towards 1.0800. Besides, there is a possibility of more bullish movement towards.
May 29, 2023 : GBP/USD Intraday technical analysis and significant key-levels.
Since recent bullish breakout above 1.2340 was witnessed, latest fundamental analysis shows that the USD has been hurt by low interest rates and inflation concerns. However, traders should be careful.
Analysis of GBP/USD. May 29. The Bank of England's rate forecasts remain unchanged
The wave analysis for the GBP/USD pair still needs to be simplified and clarified. It does not resemble a classical corrective or impulsive trend segment. Currently, the formation.
Analysis of EUR/USD on May 29th. Biden and McCarthy reached an agreement, and demand for the dollar is rising again
The wave labeling of the 4-hour chart for the euro/dollar pair remains non-standard and has not changed in recent weeks. The quotes continue to move away from the previously reached.
Robert Kiyosaki considers U.S. bankrupt, urges investing in metals and Bitcoin
Kiyosaki once again urged people to buy gold, silver, and Bitcoin. The well-known author previously explained that these three investments are best suited for the unstable times we are currently.
Forex forecast 05/29/2023 EUR/USD, GBP/USD, USD/JPY and USD/CAD from Sebastian Seliga
Let's take a look at the technical picture of EUR/USD, GBP/USD, USD/JPY and USD/CAD.
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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.
