USD/JPY: Trading Tips for Beginners Traders – October 23
The test of 156.84 occurred in the first half of the day, when the MACD indicator had just begun moving down from the zero line, confirming a valid entry point.
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Middle East boosts USD
Yesterday, the euro and the British pound found some support during Asian trading and the European session. Most likely this reflected interventions by the Federal Reserve and the Bank.
Economists expect ECB's final hike in December, while markets price in three more
While the euro is losing demand among major players turning to safe-haven assets, many economists expect the ECB to deliver a final rate increase in December after pausing next week.
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EUR/USD – Price Analysis and Forecast: Geopolitical Risks Continue to Weigh on the Euro
Concerns about France's public debt are limiting the euro's gains. Lower US Treasury yields and expectations that the Federal Reserve (Fed) will keep interest rates unchanged are putting pressure.
EUR/USD Analysis – October 23: Markets Focus on Next Week's Central Bank Meetings
The wave count on the 4-hour EUR/USD chart has become more complex. On the higher timeframe (lower chart), the downward trend segment has taken the form of a five-wave A-B-C-D-E.
EUR/USD – October 23: Markets Await Business Activity Data
The EUR/USD pair continued to trade sideways on Wednesday. As of Friday morning, the pair's quotes remain below the 127.2% retracement level at 1.1220, suggesting the possibility of a further.
GBP/USD – October 23: Retail Sales Weaken the Pound
On the hourly chart, GBP/USD rebounded twice on Thursday from the 50.0% retracement level at 1.3404, reversed in favor of the US dollar, and began declining toward the 38.2% retracement.
Gold on October 23: Dominance of Selling Forces.
The one-hour (H1) chart for Gold (GOLD) reveals a sharp, aggressive bearish price action, with the downward momentum accelerating. Currently trading at 4018.50, the price has sustained a decline, breaking.
Brent Heads for a Third Weekly Gain in a Row Amid Attacks on Saudi Arabia
Brent trades around $114 a barrel and is heading toward a third straight weekly gain. Oil is up nearly 4% for the week, while WTI has climbed above $100. Intensified.
All October Losses Were Recovered in Three Days
U.S. spot Bitcoin ETFs fully recouped October's outflows over the last three trading sessions, yet Bitcoin's price didn't reflect it. Yesterday the funds attracted $524.8 million — the third consecutive.
Where to Sell and Buy the Yen: Simple Trading Tips for Beginner Traders on October 23
The price test at 157.11 occurred as the MACD indicator began moving up from the zero line, confirming a valid entry point to buy the dollar. As a result.
Where to Sell and Buy the Pound: Simple Trading Tips for Beginner Traders on October 23
The test of 1.3363 occurred when the MACD indicator had moved far below the zero line, limiting the pair's downward potential. A second test of 1.3363 triggered Scenario.
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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.
