04.07.2022
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Forex Analysis & Reviews: 11.05.2022

Relevance up to 16:00 2022-05-14 UTC + 00 USD / JPY weakened to reach the level of 130.79, after the April inflation release from the United States, which showed higher-than-expected figures. The pair approached extremely overbought levels below 6/8 Murray. The release of the US CPI signaled a turning point for risk markets. So, we […]

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Forex Analysis & Reviews: 11.05.2022

The wave marking of the 4-hour chart for the euro / dollar instrument continues to look convincing. The instrument continues the construction of the descending wave 5-E, which is the last in the structure of the descending trend section. If this is true, then the decline in the quotes of the euro currency may continue […]

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Forex Analysis & Reviews: 11.05.2022

Relevance up to 14:00 2022-05-14 UTC + 00 GBP / USD fell after the April inflation data from the United States, which showed higher-than-expected figures. The pair left a triple bottom pattern around 1.2276. The Consumer Price Index (CPI) rose 8.3% from a year ago, more than the 8.1% expected, although less than the 8.5% […]

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Forex Analysis & Reviews: 11.05.2022

Relevance up to 13:00 2022-05-12 UTC + 00 Gold price continues to move lower towards our $ 1,825 target area. Trend remains bearish as Gold price continues making lower lows and lower highs. Major weekly support is found around $ 1,830. So far we haven’t seen any sign of a reversal. Red line – resistance […]

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Forex Analysis & Reviews: 11.05.2022

Relevance up to 12:00 2022-05-12 UTC + 00 Bitcoin is in a bearish short-term trend. Price is making lower lows and lower highs. Recently we got a bearish signal once price broke below the $ 38,000 level. Bitcoin has reached the $ 30,000 key horizontal support level that was tested back in 2021. Green line […]

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Forex Analysis & Reviews: 11.05.2022

Relevance up to 11:00 2022-05-12 UTC + 00 Technical analysis: BTC has been trading sideways today at the price of $ 31,600. Key resistance is set at the price of $ 32,500 and I see potential for the downside movement. Trading recommendation: Due to the strong downside cyle in the background and key resistance on […]

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Forex Analysis & Reviews: 11.05.2022

Relevance up to 08:00 2022-05-12 UTC + 00 Oil is actively recovering on Wednesday, thanks to growing risk appetite ahead of the release of US inflation data for April, which is expected to show a noticeable drop after reaching a local high in the previous month. If the figure really turns out as such, the […]

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Forex Analysis & Reviews: 11.05.2022

Details of the economic calendar from May 10 The macroeconomic calendar was empty, and important statistics on Europe, Great Britain and the United States were not published. There were speeches by a number of Fed representatives, but nothing new was heard from their speech. The market largely continued to stand still. Analysis of trading charts […]

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Forex Analysis & Reviews: 11.05.2022

Relevance up to 08:00 2022-05-12 UTC + 00 Let’s take a look at the technical picture of SP500, USD / JPY, AUD / USD and Ethereum * The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade. Sebastian Seliga,Analytical expert of InstaForex© 2007-2022 Benefit from […]

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Forex Analysis & Reviews: 11.05.2022

Relevance up to 06:00 2022-05-12 UTC + 00 Trend analysis (Fig. 1). The euro-dollar pair may move up from the level of 1.0527 (close of yesterday’s daily candle) to the target of 1.0562, the 50% retracement level (blue dotted line). After testing this level, the price may continue to move up with the target of […]

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