09.08.2022
Chicago 12, Melborne City, USA
Reviews

Forex Analysis & Reviews: 09.08.2022

At the close of the New York Stock Exchange, the Dow Jones rose 0.09%, the S&P 500 fell 0.12%, and the NASDAQ Composite fell 0.10%. The leading performer among the components of the Dow Jones index today was Walt Disney Company, which gained 2.48 points or 2.33% to close at 109.11. Quotes Dow Inc rose […]

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Reviews

Forex Analysis & Reviews: 08.08.2022

Relevance up to 19:00 UTC+00 The recent movement towards 1.1200 was suggested for another SELL opportunity which already reached its targets beyond the price level of 1.0400. The previous ascending movement above 1.0360 enabled further advancement towards 1.0800 where evident bearish rejection arose again. The EURUSD pair had been trapped between 1.0350 (the newly recorded […]

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Reviews

Forex Analysis & Reviews: 08.08.2022

Bitcoin began Thursday morning with a spectacular 2.5% rise, and at the time of writing, its value is balanced at around $24,100. According to the digital asset price tracking website CoinMarketCap, over the past 24 hours, the lowest value of bitcoin reached $22,930, and the highest was $23,359. At the same time, the last seven-day […]

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Reviews

Forex Analysis & Reviews: 08.08.2022

Analysis of Monday’s deals: 30M chart of the EUR/USD pair The EUR/USD currency pair started a new round of upward movement inside the horizontal channel on Monday. This time the price failed to overcome the level of 1.0156, which was followed by a rebound on Friday, after which a new round of growth began for […]

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Reviews

Forex Analysis & Reviews: 09.08.2022

A new trading week begins amid the absence of publications of important macroeconomic indicators in the economic calendar. New drivers for the growth or fall of the dollar may appear on the market on Wednesday: fresh data on consumer inflation in the US will be published. As expected, the Consumer Price Index (CPI), which determines […]

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Reviews

Forex Analysis & Reviews: 08.08.2022

Analysis of Monday’s deals: 30M chart of the GBP/USD pair The GBP/USD pair traded almost identically to the EUR/USD pair on Monday. For most of the day, the quotes of the British pound grew impressively and by the evening they were near the upper limit of the downward channel, which is rather narrow. Recall that […]

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Reviews

Forex Analysis & Reviews: 08.08.2022

Relevance up to 19:00 UTC+00 In late September, re-closure below the price level of 1.1700 has initiated downside-movement towards 1.1500 where some recovery was witnessed. Shortly after, price levels around 1.1700 managed to hold prices for a short period of time before another price decline took place towards 1.1200. Then the EURUSD has temporarily moved […]

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Reviews

Forex Analysis & Reviews: 08.08.2022

Relevance up to 20:00 2022-08-09 UTC+00 Overview: The GBP/USD pair was trading lower and closed the day in the balck zone near the price of 1.2113. Today it was trading in a narrow range of 1.2113, staying close to European’s closing price. On the hourly chart, the GBP/USD pair is again trading below the MA […]

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Reviews

Forex Analysis & Reviews: 08.08.2022

Relevance up to 19:00 2022-08-09 UTC+00 GBP/USD Temporary Growth? The GBP/USD pair increased in the short term but this could be only short-lived. The outlook remains bearish, the price could drop deeper as long as it stays below the downtrend line. After its strong drop, a temporary growth was natural. It could test and retest […]

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Reviews

Forex Analysis & Reviews: 08.08.2022

Relevance up to 18:00 2022-08-09 UTC+00 Overview: The EUR/USD pair will continue to rise from the level of 1.0188. The support is found at the level of 1.0188, which represents the 38.2% Fibonacci retracement level in the M30 time frame. Slightly bullish trend on the EUR/USD pair. It is difficult to advise a trading direction […]

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