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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:
2024-12-04T03:25:56

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:
2024-12-04T03:25:57

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:
2024-12-04T05:30:26

Overview of the EUR/USD Pair for December 4; Rising Probability of a New Dollar Rally

On Tuesday, the EUR/USD currency pair saw a slight upward correction but has generally remained within a limited range for several weeks. This range cannot be classified as a clear...
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Analytical expert:
2024-12-04T01:15:53

Overview of the GBP/USD Pair for December 4; The Fed Might Finish Off the Pound Sterling

On Tuesday, the GBP/USD pair did not show dramatic movements, but the most notable point is that it hardly rises. We observed a slight correction after two months of decline...
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Analytical expert:
2024-12-04T01:15:54

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:
2024-12-04T04:56:46

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:
2024-12-04T06:42:44

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:
2024-12-04T04:56:47

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:
2024-12-04T06:42:42

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:
2024-12-04T03:25:55
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