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05.11.202411:19 Trade Analysis & Reviews: Forex forecast 05/11/2024:

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 00:40 Totay's key events: U.S. Presidential Election, Trade Balance, S&P Global Services PMI, ISM Non-Manufacturing PMI, ECB's Schnabel Speaks, API Weekly Crude Oil Stock 02:37 EUR/USD 03:52 AUD/ USD 05:51 SP500 07:29 GOLD 08:47 BTC/USD

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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.

#instaforex #analysis #sebastianseliga

*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 InstaTrade
© 2007-2025
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Forex News
  • 2024-04-23 09:17:00
    *Australian Dollar Edges Up To 0.8853 Against Canadian Dollar
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    2024-04-23 09:16:00
    *Australian Dollar Rises To 8-day High Of 0.6465 Against U.S. Dollar
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    2024-04-23 09:16:00
    *Australian Dollar Advances To 8-day High Of 100.03 Against Yen
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    2024-04-23 09:16:00
    *Australian Dollar Climbs To 1-week High Of 1.6489 Against Euro
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    2024-04-23 09:06:00
    *India Apr Flash HSBC Manufacturing PMI Stable At 59.1
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    2024-04-23 09:05:00
    *Singapore Mar CPI Falls 0.1% On Month
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    2024-04-23 09:04:00
    *Singapore Mar Core Inflation 3.1% Vs. 3.6% In February
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    2024-04-23 09:03:00
    *Singapore Mar Inflation 2.7% Vs. 3.4% In Feb, Consensus 3.1%
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    2024-04-23 09:01:00
    *India Apr Flash HSBC Composite PMI 62.2 Vs. 61.8 In March
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    2024-04-23 09:01:00
    *India Apr Flash HSBC Services PMI 61.7 Vs. 61.2 In March
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  • 2024-04-23 13:17:00
    *Euro Rises To Near 2-week High Of 1.0696 Against U.S. Dollar
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    2024-04-23 13:11:00
    Pound Rises Against Majors
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    2024-04-23 13:05:00
    *Pound Ticks Up To 0.8622 Against Euro
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    2024-04-23 13:04:00
    *Pound Advances To 1.1286 Against Swiss Franc
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    2024-04-23 13:04:00
    *Pound Edges Up To 1.2389 Against U.S. Dollar
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    2024-04-23 13:03:00
    Hong Kong Inflation Eases Slightly To 2.0%
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    2024-04-23 13:03:00
    *Pound Rises To 4-day High Of 191.82 Against Yen
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    2024-04-23 12:51:00
    German Private Sector Returns To Growth
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    2024-04-23 12:38:00
    *UK Apr Manufacturing PMI 48.7 Vs. 50.3 In Mar, Consensus 53.0
    Quick show
    2024-04-23 12:37:00
    *UK Apr S&P Global Flash Services PMI 54.9 Vs. 53.1 In Mar, Consensus 53.0
    Quick show
  • 2024-04-23 12:37:00
    *Hong Kong Mar CPI Inflation 2.0% Vs. 2.1% In February
    Quick show
    2024-04-23 12:35:00
    *UK Apr S&P Global Flash Composite PMI 54.0 Vs. 52.8 In March
    Quick show
    2024-04-23 12:33:00
    Taiwan Industrial Output Rebounds, Retail Sales Growth Eases Sharply
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    2024-04-23 12:09:00
    *Poland Mar Retail Sales Up 6.1% On Year, Consensus 6.7%
    Quick show
    2024-04-23 12:05:00
    *Taiwan Mar Retail Sales Up 0.71% Y/Y Vs. 9.33% In February
    Quick show
    2024-04-23 12:05:00
    *Eurozone Apr Flash Manufacturing PMI 45.6 Vs. 46.1 In Mar, Consensus 46.5
    Quick show
    2024-04-23 12:04:00
    *Eurozone Apr Flash Services PMI 52.9 Vs. 51.5 In Mar, Consensus 51.8
    Quick show
    2024-04-23 12:03:00
    *Taiwan Mar Industrial Production Up 3.99% Y/Y Vs. -1.31% In February
    Quick show
    2024-04-23 12:03:00
    *Amended: Eurozone Apr Flash Composite Output Index 51.4 Vs. 50.3 In Mar, Consensus 50.8
    Quick show
    2024-04-23 12:02:00
    *Eurozone Apr Final Composite Output Index 51.4 Vs. 50.3 In Mar, Consensus 50.8
    Quick show
  • 2024-04-23 11:39:00
    *France Apr Flash Factory PMI 44.9 Vs. 46.2 In Mar, Consensus 46.9
    Quick show
    2024-04-23 11:37:00
    *France Apr Flash Services PMI 50.5 Vs. 48.3 In Mar, Consensus 48.9
    Quick show
    2024-04-23 11:36:00
    *France Apr Flash Composite PMI 49.9 Vs. 48.3 In March
    Quick show
    2024-04-23 11:35:00
    *Germany Apr Flash Manufacturing PMI 42.2 Vs. 41.9 In Mar, Consensus 42.8
    Quick show
    2024-04-23 11:34:00
    *Germany Apr Flash Services PMI 53.3 Vs. 50.1 In Mar, Consensus 50.6
    Quick show
    2024-04-23 11:34:00
    Antipodean Currencies Rise Amid Risk Appetite, PMI Data
    Quick show
    2024-04-23 11:33:00
    Singapore Inflation Eases To 2.7%, Lowest In 30 Months
    Quick show
    2024-04-23 11:33:00
    *Germany Apr Flash Composite Output Index 50.5 Vs. 47.7 In Mar, Consensus 48.6
    Quick show
    2024-04-23 11:07:00
    *South Africa Feb Composite Leading Indicator 112.8 Vs. 110.9 In January
    Quick show
    2024-04-23 10:50:00
    UK Budget Deficit Exceeds Estimate
    Quick show
  • 2024-04-23 10:37:00
    India Private Sector Growth Strongest Since June 2010
    Quick show
    2024-04-23 10:26:00
    Japan Private Sector Growth Accelerates In April
    Quick show
    2024-04-23 10:05:00
    *UK Mar Public Sector Net Borrowing GBP 11.02 Bln, Consensus GBP 8.9 Bln
    Quick show
    2024-04-23 09:50:00
    NZ Dollar Advances Against Most Majors
    Quick show
    2024-04-23 09:47:00
    European Economic News Preview: Eurozone Flash PMI Data Due
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    2024-04-23 09:31:00
    Australian Dollar Rises Against Majors
    Quick show
    2024-04-23 09:22:00
    *NZ Dollar Edges Up To 0.5928 Against U.S. Dollar
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    2024-04-23 09:21:00
    *NZ Dollar Advances To Near 2-week High Of 91.75 Against Yen
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    2024-04-23 09:20:00
    *NZ Dollar Rises To 5-day High Of 1.7982 Against Euro
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    2024-04-23 09:17:00
    *Australian Dollar Rises To 6-day High Of 1.0919 Against NZ Dollar
    Quick show
  • 2024-04-23 09:17:00
    *Australian Dollar Edges Up To 0.8853 Against Canadian Dollar
    Quick show
    2024-04-23 09:16:00
    *Australian Dollar Rises To 8-day High Of 0.6465 Against U.S. Dollar
    Quick show
    2024-04-23 09:16:00
    *Australian Dollar Advances To 8-day High Of 100.03 Against Yen
    Quick show
    2024-04-23 09:16:00
    *Australian Dollar Climbs To 1-week High Of 1.6489 Against Euro
    Quick show
    2024-04-23 09:06:00
    *India Apr Flash HSBC Manufacturing PMI Stable At 59.1
    Quick show
    2024-04-23 09:05:00
    *Singapore Mar CPI Falls 0.1% On Month
    Quick show
    2024-04-23 09:04:00
    *Singapore Mar Core Inflation 3.1% Vs. 3.6% In February
    Quick show
    2024-04-23 09:03:00
    *Singapore Mar Inflation 2.7% Vs. 3.4% In Feb, Consensus 3.1%
    Quick show
    2024-04-23 09:01:00
    *India Apr Flash HSBC Composite PMI 62.2 Vs. 61.8 In March
    Quick show
    2024-04-23 09:01:00
    *India Apr Flash HSBC Services PMI 61.7 Vs. 61.2 In March
    Quick show
  • 2024-04-23 13:17:00
    *Euro Rises To Near 2-week High Of 1.0696 Against U.S. Dollar
    Quick show
    2024-04-23 13:11:00
    Pound Rises Against Majors
    Quick show
    2024-04-23 13:05:00
    *Pound Ticks Up To 0.8622 Against Euro
    Quick show
    2024-04-23 13:04:00
    *Pound Advances To 1.1286 Against Swiss Franc
    Quick show
    2024-04-23 13:04:00
    *Pound Edges Up To 1.2389 Against U.S. Dollar
    Quick show
    2024-04-23 13:03:00
    Hong Kong Inflation Eases Slightly To 2.0%
    Quick show
    2024-04-23 13:03:00
    *Pound Rises To 4-day High Of 191.82 Against Yen
    Quick show
    2024-04-23 12:51:00
    German Private Sector Returns To Growth
    Quick show
    2024-04-23 12:38:00
    *UK Apr Manufacturing PMI 48.7 Vs. 50.3 In Mar, Consensus 53.0
    Quick show
    2024-04-23 12:37:00
    *UK Apr S&P Global Flash Services PMI 54.9 Vs. 53.1 In Mar, Consensus 53.0
    Quick show
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