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Analytical Overview Of The Main Currency Pairs - Friday, April 30
Technical indicators, news and trading recommendations for EUR/USD, GBP/USD, USD/JPY, and USD/CAD.
The Analytical Overview Of The Main Currency Pairs - Thursday, Apr. 29
The best strategy for the EUR/USD pair is to look for buying from the nearest support levels. The price can pull back to the broken level of 1.2088, which will act as support.
The Analytical Overview Of The Main Currency Pairs - Wednesday, Apr. 28
The best strategy for EUR/USD would be looking for buy positions from the nearest support levels. It is best to work on intraday timeframes because volatility is low before the news.
Markets Are Paralyzed Ahead Of Two-Day FOMC Meeting
Strong reports from major U.S. companies are pushing indices higher. But the market is showing low volatility as investors took a temporary pause after a proposal from Joe Biden to raise taxes on corporations and individuals last week.
The Analytical Overview Of The Main Currency Pairs - Tuesday, Apr. 27
EUR/USD uptrend remains bullish, but the entry point for long positions is not optimal now. The best option would be to wait for the price to reach the nearest support level or look for selling positions on intraday timeframes.
Investors Are Cautious Ahead Of The FOMC And The Continuation Of The Reporting Season
On Monday, American indices remained at about the same level, but optimism for the further continuation of the uptrend remains. European indices remain positive as well.
The Analytical Overview Of The Main Currency Pairs - Monday. Apr. 26
If the EUR/USD price breaks down through the 1.2049 level and holds below, with a high probability the price can go down to 1.1994, thereby forming a flat with the range of 1.1994-1.2075.
The Analytical Overview Of The Main Currency Pairs - Friday, Apr. 23
Yesterday the EUR/USD pair was trading in a downtrend and closed the day with -0.11%. On the H1 and the H4 timeframes, the price is above the moving average. The MACD on the H4 is in the positive zone. Buying is the priority.
US Stock Market Declined Because Of The Reports Of Biden's Plans To Raise Taxes For The Wealthy People
On Thursday, the American stock market decreased by an average of 1% after the reports of US President Joe Biden's plans to a capital gains tax from 20% to 39.6%.
The Analytical Overview Of The Main Currency Pairs - Thursday, Apr. 22
Yesterday the EUR/USD pair traded in a narrow range of 1.2000 – 1.2035 and closed the day with a result of +0.04%. On the H1 and the H4 timeframes, the price is above the moving average.
Most Stock Indices Are Recovering After A Two-Day Decline Earlier In The Week
On Wednesday, US indices recovered after a two-day decline because of the strong demand for stocks, which could benefit from a possible economic recovery.
The Analytical Overview Of The Main Currency Pairs - Wednesday, Apr. 21
Yesterday, the EUR/USD currency pair was trading in the range of 1.2025 – 1.2080 and closed the day with a result of 0%. The price is above the moving average on the H1 and H4 timeframes, the MACD is in the positive zone on H4.
North Atlantic Stocks Continued To Decline, Asia Followed The Trend
Stock indices in the US and Western Europe declined on Tuesday, closing in the red for the second session in a row. Unemployment in the UK fell to 4.9% from 5% in December and February.
The Analytical Overview Of The Main Currency Pairs - Tuesday, Apr. 20
The EUR/USD currency pair is showing a strong upward movement. We recommend looking for entry points to buy. It is best to look for entry points after the price corrects to the support level of 1.1990.
US Stocks Closed In The Red. Dow Jones And S&P 500 Retreated From Record Highs
The US indices declined by 0.4-1%. It was partially triggered by a Tesla car crash near Houston and a decline in shares of Microsoft, Amazon, and Nvidia ahead of quarterly reports.
The Analytical Overview Of The Main Currency Pairs - Monday, Apr. 19
For the EUR/USD, the upward movement remains. We recommend looking for entry points to buy. It is best to look for entry points after the price corrects to the support level of 1.1990.
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