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USD/JPY: Simple Trading Tips for Beginner Traders on November 6th (U.S. Session)

Analysis of Trades and Advice on Trading the Japanese Yen The test of the 153.77 price level occurred when the MACD indicator had not yet entered negative territory...
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Analytical expert:
2024-11-06T11:37:09

EUR/USD: Simple Trading Tips for Beginner Traders on November 6th (U.S. Session)

Analysis of Trades and Trading Advice for the Euro The levels I outlined were not tested during the first half of the day. Despite high volatility, I was cautious...
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Analytical expert:
2024-11-06T11:31:22

Analysis of GBP/USD on November 6, 2024

The wave pattern of GBP/USD remains complex and continues to develop into a more extended structure. Currently, the successful breakout of wave b in c suggests that the market...
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Analytical expert:
2024-11-06T17:00:55

GBP/USD: Simple Trading Tips for Beginner Traders on November 6th (U.S. Session)

Analysis of Trades and Trading Advice for the British Pound At the 1.2911 price level, the MACD indicator rose significantly above the zero mark, limiting the pair's upward potential...
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Analytical expert:
2024-11-06T11:34:14

AUD/USD: What Does Trump's Victory Mean for the Australian Dollar?

Today, the AUD/USD pair dropped to a multi-month low amid a rally in the US dollar triggered by Trump's victory. The sharp intraday decline of over 130 points was driven...
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Analytical expert:
2024-11-06T11:46:09

Brent crude to plunge due to supply glut, World Bank warns

Oil prices could be in for a rough ride, with prices potentially plummeting. According to the World Bank, Brent crude oil could average $73 per barrel in 2025, marking...
2024-11-06T13:59:04

Eurozone growth beats forecasts, preliminary data shows

The European economy is fighting hard to stay afloat, and the latest figures show that its efforts are paying off. According to Eurostat, the eurozone's gross domestic product grew...
2024-11-06T13:57:45

Anti-Russian sanctions pose threat to global economy

Anti-Russian sanctions put the global economy in jeopardy, Le Monde cited an expert conclusion. Tightening sanctions against Russia, particularly in relation to oil, will negatively impact the world’s poorest countries...
2024-11-06T13:45:08

Stimulus measures in China to boost demand for BTC

Arthur Hayes, former BitMEX CEO, has detected an interesting correlation. He anticipates that demand for Bitcoin will surge with the stimulus of the Chinese economy. In his article titled Let’s...
2024-11-06T13:42:19

Germany braced for export crisis

According to estimates by analysts at the Munich Institute for Economic Research (IFO), Germany's industrial sector exports are expected to decline sharply over the next six months. What a nuisance...
2024-11-06T13:38:25
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