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Outlook for EUR/USD on May 8. Another boring day

EUR/USD did not show any interesting movements on Tuesday. The pair has been trading in a sideways channel for the third consecutive day, bounded by levels of 1.0757 and 1.0797...
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Analytical expert:
2024-05-08T00:56:33

Outlook for GBP/USD on May 8. The pound has stopped rising, but the Bank of England meeting could change that

GBP/USD experienced a minor downward retracement, but this did not affect the overall technical picture. The price settled below the critical Kijun-sen line, but the upward trend persists...
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Analytical expert:
2024-05-08T00:56:51

Analysis of GBP/USD pair on May 7th. The market fluctuates, and the British currency holds steady

The wave analysis for the GBP/USD pair remains quite complex. A successful attempt to break the Fibonacci level of 50.0% indicated the market's readiness to build a downtrend wave...
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Analytical expert:
2024-05-07T15:47:10

Analysis of EUR/USD pair on May 7th. The market sleeps and awaits important messages

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. We are currently observing the construction of the presumed wave...
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Analytical expert:
2024-05-07T15:39:54

USD/JPY: Simple trading tips for novice traders on May 7th (US session)

Trade analysis and tips for trading the Japanese yen The test of the price at 154.13 in the first half of the day occurred when the MACD indicator had dropped...
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Analytical expert:
2024-05-07T15:31:22

GBP/USD: Simple trading tips for novice traders on May 7th (US session)

Trade analysis and tips for trading the British pound There was no testing of the levels I indicated due to the low market volatility in the first half...
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Analytical expert:
2024-05-07T15:23:21

The Fed is discussing the possibility of another rate hike

Since the beginning of the year, I've been saying the same thing: I believe that the Federal Reserve is not in a rush to lower rates. In fact...
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Analytical expert:
2024-05-07T22:39:52

You can't scare the euro

EUR/USD bulls were somewhat disappointed with the unexpected decline in German industrial orders by 0.4% m/m in March, but they weren't completely discouraged. The indicator failed to meet Bloomberg forecasts...
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Analytical expert:
2024-05-07T22:39:05

Trading Signals for BITCOIN (BTC/USD) for May 7-9, 2024: sell below $64,000 (200 EMA - 5/8 Murray)

In the next few hours, Bitcoin could continue its rise. If the price reaches 63,975, it could be seen as an opportunity to resume selling operations with targets at 62,500...
iconRelevance until2024-05-21
Analytical expert:
2024-05-07T15:38:36

Video market update for May 07, 2024

Potential for the rally on Dollar INdex...
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Analytical expert:
2024-05-07T15:35:32
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