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Overview of EUR/USD on November 7; Donald Trump Wins, the Dollar Strengthens

The EUR/USD currency pair fell by approximately 250 pips during Wednesday's session. The pair's decline began overnight and continued throughout the day. There's little mystery as to why this happened—the...
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Ekspert analityczny:
2024-11-07T01:33:35

Forecast for EUR/USD on November 7, 2024

Donald Trump has won the U.S. presidential election. The euro fell by 204 pips, while the dollar index strengthened by 1.67%. There's nothing extraordinary about this; during Obama's presidency...
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Ekspert analityczny:
2024-11-07T03:04:43

Forecast for GBP/USD on November 7, 2024

By the close of yesterday's session, reflecting the results of the U.S. elections, the British pound reached the target support level of 1.2859. The price slightly corrected this decline this...
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Ekspert analityczny:
2024-11-07T03:03:40

Overview of GBP/USD on November 7; The Pound Sterling Had No Chance

The GBP/USD currency pair also experienced a massive decline on Wednesday. In the EUR/USD review, we detailed numerous reasons why the euro fell and the dollar strengthened, all of which...
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Ekspert analityczny:
2024-11-07T01:33:40

Forecast for USD/JPY on November 7, 2024

The USD/JPY pair has reacted very technically to the U.S. presidential elections. On Wednesday, the price broke out of the 150.83–153.60 range, with the Marlin oscillator reversing upward from...
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Ekspert analityczny:
2024-11-07T03:03:36

How to Trade the EUR/USD Pair on November 7? Simple Tips and Trade Analysis for Beginners

Analysis of Wednesday's Trades: 1H Chart of EUR/USD Pair The EUR/USD currency pair plummeted by nearly 250 pips on Wednesday. Most of the downward movement occurred overnight, triggered...
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Ekspert analityczny:
2024-11-07T06:56:16

USDJPY: Simple Trading Tips for Beginner Traders on November 7. Review of Yesterday's Forex Deals

Analysis of Trades and Trading Tips for the Japanese Yen The test of the 154.19 level occurred when the MACD indicator was beginning to move upward from the zero mark...
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Ekspert analityczny:
2024-11-07T07:40:16

How to Trade the GBP/USD Pair on November 7? Simple Tips and Trade Analysis for Beginners

Analysis of Wednesday's Trades: 1H Chart of GBP/USD Pair The GBP/USD pair also experienced a significant drop on Wednesday, triggered by the U.S. presidential elections. As we mentioned, there...
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Ekspert analityczny:
2024-11-07T06:56:20

Hot Forecast for EUR/USD on November 7, 2024

Donald Trump achieved such a decisive victory that this time, the election avoided the scandals that marred the vote four years ago. Additionally, Republicans secured a majority in the Senate...
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Ekspert analityczny:
2024-11-07T05:02:51

Trump 2.0 - Markets Explode: Dow, S&P, Nasdaq Hit Record Highs!

On Wednesday, U.S. stock indexes showed a sharp rise, reaching record levels, after Donald Trump won the 2024 U.S. presidential election in a sensational victory. Four years after leaving...
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Ekspert analityczny:
2024-11-07T07:18:07
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