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GBP/USD. May 8th. The pound does not expect a rate cut by the Bank of England
On the hourly chart, the GBP/USD pair continued its decline on Tuesday and confirmed consolidation below the ascending trend channel. Bulls lost their advantage on the hourly chart, and bears...
Relevance until2024-05-09
Analytical expert:
2024-05-08T12:21:11
USD/JPY: trading tips for beginners for European session on May 8
The price test of 154.35 occurred at a time when the MACD indicator sharply fell from the zero mark, which limited the USD/JPY pair's downward potential. The second test coincided...
Relevance until2024-05-09
Analytical expert:
2024-05-08T07:37:32
Analysis of EUR/USD on May 8th. Euro aims for the 1.5 figure
The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. At the moment, we are observing the construction of the presumed wave...
Relevance until2024-05-09
Analytical expert:
2024-05-08T16:07:06
Forecast for EUR/USD on May 8, 2024
EUR/USD Yesterday, the currency market did not see any compelling reasons to increase risk appetite and, although stock markets were rising, it retreated from Monday's highs. The euro declined...
Relevance until2024-05-09
Analytical expert:
2024-05-08T03:04:43
Trading Signals for GOLD (XAU/USD) for May 8-10, 2024: buy above $2,312 (21 SMA - symmetrical triangle)
We believe that if there is a sharp break above 2,312 and consolidation above this area on the daily chart, gold could continue its rise and could reach...
Relevance until2024-05-22
Analytical expert:
2024-05-08T03:38:52
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...
Relevance until2024-05-09
Analytical expert:
2024-05-08T00:56:51
Forecast for AUD/USD on May 8, 2024
AUD/USD On May 3, 6, and 7, the Australian dollar broke above the resistance level of 0.6627 with the upper shadows of daily candles and, since this is a strong...
Relevance until2024-05-09
Analytical expert:
2024-05-08T03:04:35
Trading plan for EUR/USD on May 8. Simple tips for beginners
Analyzing Tuesday's trades: EUR/USD on 1H chart Yesterday, the EUR/USD pair failed to overcome the level of 1.0785, bouncing off it for the third time. Consequently, the euro started...
Relevance until2024-05-09
Analytical expert:
2024-05-08T04:33:40
Trading plan for GBP/USD on May 8. Simple tips for beginners
Analyzing Tuesday's trades: GBP/USD on 1H chart Yesterday, the GBP/USD pair continued its downward movement after rebounding from the level of 1.2611 last Friday. The price has previously breached...
Relevance until2024-05-09
Analytical expert:
2024-05-08T04:38:28
Analysis of GBP/USD on May 8th. The pound hits an important level
The wave analysis for the GBP/USD pair remains quite complex. A successful attempt to break through the Fibonacci level of 50.0% indicated the market's readiness to form a downward wave...
Relevance until2024-05-09
Analytical expert:
2024-05-08T16:01:50
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