21.05.2022
Chicago 12, Melborne City, USA
Reviews

Forex Analysis & Reviews: 20.05.2022

European stocks declined yesterday. The European indicator StoxxEurope 600 fell by 1.37%. British FTSE 100 index lost 1.82%, French CAC 40 declined a little less by 1.26%. German DAX and Spanish IBEX 35 fell by about the same amount of 0.9% and 0.83% respectively. Italian FTSE MIB, which lost only 0.09%, lost less of all. […]

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Forex Analysis & Reviews: 20.05.2022

Relevance up to 14:00 2022-05-23 UTC + 00 XAU / USD remains firm at the beginning of the American session and trades are approaching the area of ​​1,845. This week, gold had made a strong recovery and could close the first bullish week after four previous negative weeks. XAU / USD is being supported by […]

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Forex Analysis & Reviews: 20.05.2022

Hi, dear traders! According to the H1 chart, GBP / USD settled above the retracement level of 423.6% (1.2432) on Thursday. While the pair failed to extend its upside movement on Friday, it still remains above the 423.6% level. The ascending trend channel indicates traders are currently bullish. If GBP / USD settles below the […]

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Forex Analysis & Reviews: 20.05.2022

Relevance up to 21:00 UTC + 00 The GBPUSD pair has been moving within the depicted bearish channel since July. Sideway movement was expressed above 1.3600 while the price levels around 1.3730 – 1.3800 were considered as they offered significant bearish rejection. The short-term outlook turned bearish when the market went below 1.3600. This enhanced […]

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Forex Analysis & Reviews: 20.05.2022

Relevance up to 21:00 UTC + 00 A short- term sideway movement was demonstrated within the highlighted zone around 1.1600 before quick bearish decline could occur towards 1.1200. On the other hand, the price zone around 1.1500 – 1.1600 remained a reference zone that applied significant bearish pressure upon two successfulive bullish visits before another […]

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Forex Analysis & Reviews: 20.05.2022

Relevance up to 21:00 2022-05-21 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 managed around 1.1700 managed to hold prices for a short period of time before another price decline took place towards 1.1200. Then the […]

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Forex Analysis & Reviews: 20.05.2022

Relevance up to 14:00 2022-05-21 UTC + 00 USD / JPY Minor Growth! The USD / JPY pair increased a little in the short term after reaching the 127.14 level. Now, it’s trading at the 128.13 level. As long as it stays under the downtrend line, it could drop deeper anytime again. Technically, the downtrend […]

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Forex Analysis & Reviews: 20.05.2022

Relevance up to 14:00 2022-05-21 UTC + 00 The price of Gold drops like a rock in the short term as the USD tries to appreciate again after its massive drop. The yellow metal was traded at the 1,838 level at the time of writing. After its amazing rally, a temporary decline is natural. In […]

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Forex Analysis & Reviews: 20.05.2022

In contrast to the fact that spring is ready to give way to summer throughout the Northern Hemisphere, another winter is coming to the cryptocurrency market. The previous one lasted a very long time, from 2018 to mid-2020, when Bitcoin fell, then traded in consolidation. The scale of those collapses was even greater than at […]

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Forex Analysis & Reviews: 20.05.2022

Relevance up to 16:00 2022-05-23 UTC + 00 Early in the American session, the GBP / USD pair reached the resistance level of 1.2498. Since then, it is pulling back and is now testing the support 3/8 Murray at around 1.2451. Supported by the selling pressure around the US dollar, GBP / USD has extended […]

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