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EUR/USD: Simple Trading Tips for Beginner Traders on August 5. Analysis of Yesterday’s Forex Trades
Trade Analysis and Tips for Trading
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05.08.2026 08:43 AM
Trade Analysis and Tips for Trading the EuroThe price test at 1.1518 coincided with the moment when the MACD indicator was beginning to move upward from the zero mark, confirming the correct entry point for buying the euro. As a result, the pair rose by 15 pips.Uninspiring U.S. data deprived the dollar of support yesterday, favoring the single currency. The labor market in June remained in equilibrium, with JOLTs data showing 7.4 million job openings. The lack of clear signs
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