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Forecast for EUR/USD on November 22, 2024

Yesterday, the euro declined by 68 pips, reaching the target range of 1.0449–1.0483. This movement is sufficient to set the stage for a market correction after the decline since August...
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Analytical expert: Laurie Bailey
2024-11-22

Forecast for GBP/USD on November 22, 2024

The British pound broke below the 1.2612 support level yesterday, but the Marlin oscillator did not confirm the move. Instead, it reversed and formed a weak convergence with the price...
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Analytical expert: Laurie Bailey
2024-11-22

Forecast for AUD/USD on November 22, 2024

While European currencies are contemplating whether to enter a correction, the Australian dollar is already gaining noticeable advantages from its seemingly hasty decision on November 15. A daily timeframe convergence...
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Analytical expert: Laurie Bailey
2024-11-22

The Dollar Slows Down

Is the over 6% drop in EUR/USD from September's highs excessive? Have the bears gone too far in pricing in the "Trump factor"? The current consolidation of the major currency...
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Analytical expert: Marek Petkovich
2024-11-21

USD/JPY: All Eyes on Inflation

In mid-September, the USD/JPY pair hit a 2.5-month low at 139.60, then reversed to climb over 1,500 points, reaching 156.76 last week. A notable 250-pip correction followed this rally. This...
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Analytical expert: Irina Manzenko
2024-11-21

Trading Signals for GOLD (XAU/USD) for November 21-23, 2024: sell below $2,675 (exhaustion - 200 EMA)

Early in the American session, gold was trading around 2,665, above 4/8 Murray, and above 200 EMA showing signs of exhaustion. On the H4 chart, we can see that gold...
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Analytical expert: Dimitrios Zappas
2024-11-21

Trading Signals for EUR/USD for November 21-23, 2024: buy above 1.0525 (2/8 Murray - range)

If the euro consolidates above 1.0565 in the next few hours, the outlook could be positive, but we must remember that the euro is in a consolidation phase. So, there...
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Analytical expert: Dimitrios Zappas
2024-11-21

Forecast for EUR/USD on November 21, 2024

On Wednesday, the EUR/USD pair reversed in favor of the US dollar, returning to the 323.6% corrective level at 1.0532. While the lower boundary of the sideways range is likely...
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Analytical expert: Samir Klishi
2024-11-21

Forecast for GBP/USD on November 21, 2024

On the hourly chart, the GBP/USD pair on Wednesday rebounded from the resistance level of 1.2709 and reversed in favor of the US dollar, continuing its decline toward the support...
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Analytical expert: Samir Klishi
2024-11-21

USD/JPY: Simple Trading Tips for Beginners on November 21st (U.S. Session)

The price test at 154.55 during the first half of the day coincided with the MACD indicator moving significantly below the zero mark, limiting the pair's bearish potential. For this...
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Analytical expert: Jakub Novak
2024-11-21