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EUR/USD: Simple Trading Tips for Beginner Traders on December 4 – Analysis of Yesterday's Forex Trades

The test of the 1.0511 level coincided with the moment when the MACD indicator was beginning its downward movement from the zero mark, confirming a valid sell entry...
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Analytical expert: Jakub Novak
2024-12-04

What to Pay Attention to on December 4? Fundamental Event Analysis for Beginners

A significant number of macroeconomic events are scheduled for Wednesday. The ISM Services PMI in the United States is a particularly important report. However, the actual reading must deviate from...
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Analytical expert: Paolo Greco
2024-12-04

How to Trade the GBP/USD Pair on December 4? Simple Tips and Trade Analysis for Beginners

Analysis of Tuesday's Trades 1H Chart of GBP/USD The GBP/USD pair showed minimal trading activity on Tuesday. During the day, only one event could have influenced the pair's movement...
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Analytical expert: Paolo Greco
2024-12-04

How to Trade the EUR/USD Pair on December 4? Simple Tips and Trade Analysis for Beginners

Analysis of Tuesday's Trades 1H Chart of EUR/USD On Tuesday, the EUR/USD pair continued trading within a horizontal channel. The flat movement might not have been apparent a few days...
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Analytical expert: Paolo Greco
2024-12-04

Hot Forecast for EUR/USD on December 4, 2024

The number of job openings in the United States was expected to decrease by 63,000 but increased by 372,000. However, it's difficult to draw any conclusions from this data because...
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Analytical expert: Dean Leo
2024-12-04

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday December 04, 2024.

If we look at the 4-hour chart of the AUD/JPY currency pair, it appears that a deviation pattern has appeared between the price movement of this currency pair...
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Analytical expert: Arief Makmur
2024-12-04

Technical Analysis of Intraday Price Movement of GBP/AUD Cross Currency Pairs, Wednesday December 04, 2024.

After successfully breaking out of its Descending Broadening Wedge pattern on the 4-hour chart, the GBP/AUD cross currency pair is now strengthening to test its Bearish Fair Value Gap area...
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Analytical expert: Arief Makmur
2024-12-04

Forecast for EUR/USD on December 4, 2024

Yesterday's corrective growth was minimal, with the white candlestick amounting to 12 pips. The overall downward trend, driven by the reversal of both the price and the oscillator from their...
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Analytical expert: Laurie Bailey
2024-12-04

Forecast for GBP/USD on December 4, 2024

The movement of the pound sterling within the range of 1.2612–1.2708 since November 14 appears to be consolidation, with false breakouts on both sides on November 22 and 29. Following...
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Analytical expert: Laurie Bailey
2024-12-04

Forecast for AUD/USD on December 4, 2024

The Australian dollar is simultaneously testing the 0.6482 support level on the daily chart while the Marlin oscillator moves sideways along the neutral zero line. Both the price...
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Analytical expert: Laurie Bailey
2024-12-04