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Forecast for EUR/USD on November 21, 2024
On Wednesday, the euro hesitated to escalate its attempt to hold above the 1.0636 level. Under slight pressure from the Marlin oscillator, which preemptively signaled a reversal, the euro turned...
Relevance until2024-11-22Analytical expert:
2024-11-21T02:49:57
Forecast for USD/JPY on November 21, 2024
The pair's sharp rebound from the 153.60 support level, followed by a 230-pip price increase, has not resulted in a reversal toward breaking above 156.79. This two-day rally lacked confirmation...
Relevance until2024-11-22Analytical expert:
2024-11-21T02:49:55
Trading Recommendations and Trade Analysis for EUR/USD on November 21: Flat Continues at the Lows
The EUR/USD currency pair continued trading flat on Wednesday. As noted earlier, the pair has entered a consolidation phase due to a lack of buyers in the market...
Relevance until2024-11-22Analytical expert:
2024-11-21T04:26:04
Forecast for GBP/USD on November 21, 2024
On Wednesday, the British pound tested the 1.2708 resistance level but retreated downward despite the Marlin oscillator moving toward the upper boundary of its descending channel. The incomplete...
Relevance until2024-11-22Analytical expert:
2024-11-21T02:49:56
How to Trade the EUR/USD Pair on November 21? Simple Tips and Trade Analysis for Beginners
Analysis of Wednesday's Trades 1H Chart of EUR/USD The EUR/USD pair attempted to start an upward correction on Wednesday but failed to break through the nearest resistance level of 1.0596...
Relevance until2024-11-22Analytical expert:
2024-11-21T05:44:14
Trading Recommendations and Trade Analysis for GBP/USD on November 21: The Pound Sterling Remains in a Flat
The GBP/USD currency pair continued trading flat on Wednesday. Unlike EUR/USD, however, the flat in GBP/USD is more defined, with clear boundaries. Over the past week, price movements have oscillated...
Relevance until2024-11-22Analytical expert:
2024-11-21T04:26:05
USD/JPY: Simple Trading Tips for Beginners on November 20th (U.S. Session)
Trade Review and Tips for Trading the Japanese Yen The price test at 155.64 in the first half of the day occurred as the MACD indicator had risen significantly above...
Relevance until2024-11-21Analytical expert:
2024-11-20T15:04:59
GBP/USD: Simple Trading Tips for Beginners on November 20th (U.S. Session)
Trade Review and Tips for Trading the British Pound The price test at 1.2698 occurred as the MACD indicator began moving upward from the zero line, confirming the correct entry...
Relevance until2024-11-21Analytical expert:
2024-11-20T15:02:49
GBP/USD: UK Inflation Accelerates, but the Pound Remains Under Pressure
The GBP/USD pair hit a weekly high on Wednesday but failed to hold within the 1.27 range. The UK inflation report provided only temporary support to the pound, although almost...
Relevance until2024-11-21Analytical expert:
2024-11-20T22:50:18
The Euro Shoots Without Thinking
Markets often "shoot first and ask questions later." Investors started buying the euro against the US dollar following the escalation of armed conflict in Eastern Europe. However, the consequences...
Relevance until2024-11-25Analytical expert:
2024-11-20T22:50:18
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