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Forex forecast 04/16/2024: EUR/USD, USDX, Gold and SP500 from Sebastian Seliga
April 16, 2024 9:25 amVideo
Latest News
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- Forex forecast 04/16/2024: EUR/USD, USDX, Gold and SP500 from Sebastian Seliga April 16, 2024
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- Overview of the GBP/USD pair. April 16th. The pound may rebound, but the flat is over, and there are no reasons for growth April 16, 2024
- Trading plan for GBP/USD on April 16. Simple tips for beginners April 16, 2024
- Trading plan for EUR/USD on April 16. Simple tips for beginners April 16, 2024
- Overview of the EUR/USD pair. April 16th. In plain text: The ECB will cut rates in June April 16, 2024
- Forecast for EUR/USD on April 16, 2024 April 16, 2024
We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts of exchange rates of the US dollar, euro, ruble, bitcoin, and other currencies for today, tomorrow and this trading week.
Video Agenda:
00:00 INTRO
00:12 Totay’s key events: GDP, Industrial Production, Building Permits, Fed Chair Powell Speaks, Claimant Count Change, Trade Balance, ZEW Economic Sentiment
03:19 EUR/USD
05:24 GOLD
07:50 USDX
09:10 SP500
Useful links:
My other articles are available in this section: https://www.instaforex.com/analytics_authors?author=46
InstaForex course for beginners: https://www.instaforex.com/distance_training_program
Popular Analytics: https://www.instaforex.com/forex_analysis
Open trading account: https://www.instaforex.com/fast_open_new_account
Important:
The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to increased volatility. If you decide to trade during the news release, then always place stop orders to minimize losses.
Without placing stop orders, you can very quickly lose your entire deposit, especially if you do not use money management and trade large volumes. For successful trading, you need to have a clear trading plan and stay focues and disciplined. Spontaneous trading decision based on the current market situation is an inherently losing strategy for a scalper or daytrader.
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The material has been provided by InstaForex Company – www.instaforex.com
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