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Trading Signals for EUR/USD for December 3-5, 2024: buy above 1.0500 (21 SMA - 2/8 Murray)

Early in the American session, EUR/USD is trading around 1.0519, bouncing after having reached the bottom of the uptrend channel around 1.0460. From this level, we can see that...
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Analytical expert: Dimitrios Zappas
2024-12-03

Trading Signals for GOLD (XAU/USD) for December 3-5, 2024: buy above $2,640 (21 SMA - GAP)

Gold left a gap at around 2,656. It is likely that if it consolidates above 2,650, we could expect the instrument to cover this gap. So, we could even expect...
iconLong-term review
Analytical expert: Dimitrios Zappas
2024-12-03

ECB to stay on course with rate cuts despite rising inflation

A fresh wave of inflation is unlikely to sway the European Central Bank or change its stance on cutting interest rates. According to Bloomberg, eurozone inflation surpassed the ECB’s 2%...
2024-12-03

USD/JPY: Simple Trading Tips for Beginners on December 3rd (U.S. Session)

No tests of the specified levels occurred during the first half of the day, so all significant activity is deferred to the US session. Traders' cautious approach...
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Analytical expert: Jakub Novak
2024-12-03

GBP/USD: Simple Trading Tips for Beginners on December 3rd (U.S. Session)

The 1.2660 level test coincided with the MACD indicator moving significantly above the zero mark, limiting the pound's upward potential. For this reason, I refrained from selling. After missing...
iconLong-term review
Analytical expert: Jakub Novak
2024-12-03

EUR/USD: Simple Trading Tips for Beginners on December 3rd (U.S. Session)

A test of the 1.0504 level coincided with the MACD indicator moving significantly upward from the zero mark, limiting the pair's upward potential, particularly following yesterday's euro sell-off. For this...
iconLong-term review
Analytical expert: Jakub Novak
2024-12-03

GBP/USD: Trading Plan for the U.S. Session on December 3rd (Review of Morning Trades)

In my morning forecast, I focused on the 1.2689 level and planned market entry decisions around it. Let's examine the 5-minute chart to analyze what occurred. The pair's rise...
iconLong-term review
Analytical expert: Miroslaw Bawulski
2024-12-03

EUR/USD: Trading Plan for the U.S. Session on December 3rd (Review of Morning Trades). The Euro Recovers After Yesterday's Decline

In my morning forecast, I focused on the 1.0500 level and planned market entry decisions around it. Let's examine the 5-minute chart to analyze what occurred. The rise and formation...
iconLong-term review
Analytical expert: Miroslaw Bawulski
2024-12-03

EUR/USD. December 3rd. The Euro Falters at the Start of the Week

On Monday, the EUR/USD pair reversed in favor of the US dollar, initiating a new decline by closing below the 323.6% Fibonacci retracement level at 1.0532. A rebound from this...
iconLong-term review
Analytical expert: Samir Klishi
2024-12-03

GBP/USD. December 3rd. The Pound Remains Indecisive

On the hourly chart, the GBP/USD pair on Monday rebounded from the 1.2709–1.2734 resistance zone and dropped to the 1.2611–1.2620 support zone. A rebound from the 1.2611–1.2620 zone favored...
iconLong-term review
Analytical expert: Samir Klishi
2024-12-03