09.08.2022
Chicago 12, Melborne City, USA
Reviews

Forex Analysis & Reviews: 04.05.2022

At the auction on Wednesday, the first cryptocurrency is rapidly approaching the lows of the beginning of May – around $ 37,500. At the time of writing, digital gold is balanced at $ 38,950. The focus of attention of market participants today is the publication of the results of the meeting of the US Federal […]

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Reviews

Forex Analysis & Reviews: 04.05.2022

Relevance up to 14:00 2022-05-07 UTC + 00 Having bottomed at 1,850, Gold (XAU / USD) is now consolidating above this level and below the 21 SMA. It is trading inside the downtrend channel that was formed on April 14. So, the metal is under bearish pressure. In the hours before the most anticipated event […]

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Forex Analysis & Reviews: 04.05.2022

Relevance up to 16:00 2022-05-07 UTC + 00 Early in the American session, the Dow Jones-30 Industrial Index (#INDU) is trading below the 21 SMA at 33,172 and below the 1/8 Murray at 33,203. Since April 21, the Dow Jones has been trading inside a downtrend channel. It is likely to continue the downward movement […]

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Reviews

Forex Analysis & Reviews: 04.05.2022

Relevance up to 15:00 2022-05-07 UTC + 00 EUR / USD is consolidating above the 21 SMA located at 1.0526, above the symmetrical triangle pattern and above the 3/8 Murray. The euro seems to be showing some optimism. If it remains trading above 1.0498 in the next few hours, there may be a recovery of […]

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Forex Analysis & Reviews: 04.05.2022

Relevance up to 11:00 2022-05-05 UTC + 00 The major indices of the Asia-Pacific region show mainly declined on Wednesday. Hong Kong’s Hang Seng Index dropped by 1.25%, while Australia’s S&P / ASX 200 was slightly declined by 0.04%, and Korea’s KOSPI lost 0.15%. Chinese and Japanese stock exchanges are closed because of the weekend. […]

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Reviews

Forex Analysis & Reviews: 04.05.2022

The dollar is ready to retreat, as it is well aware that many “bullish” trump cards are already embedded in its course. Another thing is that the euro is too weak to take advantage of a great opportunity for a counterattack. Under such conditions, the market reaction to the results of the May meeting of […]

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Forex Analysis & Reviews: 04.05.2022

The US macro data published on Monday turned out to be not very positive for the dollar. The index of business activity in the US manufacturing sector came out with a worse value than forecast (in April it fell to 55.4 from 57.1 in March and against the forecast of 57.6), and the employment index […]

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Forex Analysis & Reviews: 04.05.2022

Relevance up to 11:00 UTC + 00 Technical outlook: Bitcoin dropped through the $ 37,500 low on Tuesday before finding support again. The crypto has yet again tested its channel support and bounced back strong as it is seen to be trading close to the $ 39,000 mark at this point in writing. Bulls are […]

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Forex Analysis & Reviews: 04.05.2022

Long-term review The precious metals market continues to be under heavy pressure from US hawks. The Fed will give its verdict on rates today.After falling by 2.5% at the start of the week, gold prices reversed upwards yesterday.Quotes rose on a weakening dollar. The greenback was down 0.3% against its major counterparts on Tuesday.Meanwhile, June […]

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Reviews

Forex Analysis & Reviews: 04.05.2022

Analysis of transactions in the EUR / USD pair EUR / USD reaching 1.0495 led to a sell signal in the market, but having the MACD line far from zero limited the downside potential of the pair. Similarly, the upside potential was limited because the indicator was also far from zero when the pair hit […]

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