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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
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
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
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 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
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
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 1.0757 and 1.0797. Therefore...
Relevance until2024-05-09
Analytical expert:
2024-05-08T00:56:33
Forecast for GBP/USD on May 8, 2024
GBP/USD Yesterday, the British pound slumped, outpacing other currencies, ahead of the upcoming Bank of England meeting (on May 9th). The price can now reach the target support at 1.2465...
Relevance until2024-05-09
Analytical expert:
2024-05-08T03:04:39
Technical Analysis of Intraday Price Movement of Litecoin Cryptocurrency, Wednesday May 08, 2024.
With the appearance of hidden deviations between the price movement of the Litecoin cryptocurrency and the Stochastic Oscillator indicator on the 4-hour chart, this gives an indication that...
Relevance until2024-05-09
Analytical expert:
2024-05-08T04:05:01
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