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Forecast for EUR/USD on May 7, 2024

EUR/USD Yesterday, the euro made another attempt to rise. The daily balance indicator line stopped the price from rising. The pair was up 7 pips. The euro failed to trade...
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Analytical expert:
2024-05-07T02:52:56

Forecast for GBP/USD on May 7, 2024

GBP/USD Yesterday, the British pound closed the day higher, but it only happened for the sake of solidarity with other counter-dollar currencies. However, the quote did not reach the target...
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Analytical expert:
2024-05-07T02:49:12

Outlook for EUR/USD on May 7. The dollar remains depressed

EUR/USD kicked off the new week by trying to continue its upward movement. However, it failed, as there was no fundamental or macroeconomic background, and over the past weeks...
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Analytical expert:
2024-05-07T01:16:11

Forecast for USD/JPY on May 7, 2024

USD/JPY The USD/JPY pair is trying to recover after a six-digit decline to the magnetic point formed by the intersection of the balance and MACD lines on the daily chart...
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Analytical expert:
2024-05-07T02:47:42

Technical Analysis of Intraday Price Movement of Gold Commodity Asset, Tuesday May 7, 2024.

Although on the 4 hour chart Gold commodity asset MA 20 still below MA 50 which indicates the Seller pressure is still exists but with the failure of Gold...
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Analytical expert:
2024-05-07T02:45:53

Trading Signals for EUR/USD for May 7-9, 2024: buy above 1.0780 (symmetrical triangle - 4/8 Murray)

Early in the European session, the EUR/USD pair is trading around 1.0762, showing signs of exhaustion and going through a technical correction below 5/8 Murray (1.0803). On the H4 chart...
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Analytical expert:
2024-05-07T03:46:53

Hot forecast for EUR/USD on May 7, 2024

The eurozone producer price index rose from -8.5% to -7.8%, but it had no effect on the situation, and the single currency stood still all day. Of course...
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Analytical expert:
2024-05-07T07:32:44

Trading plan for GBP/USD on May 7. Simple tips for beginners

Analyzing Monday's trades: GBP/USD on 1H chart The GBP/USD pair also tried to continue its upward movement on Monday, which has been ongoing for several weeks, but the price failed...
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Analytical expert:
2024-05-07T04:27:20

Demand for USD remains stable

After Friday's surge, the Euro and the pound sterling are losing momentum as the fuel for the growth of risky assets is gradually running out, and there...
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Analytical expert:
2024-05-07T09:03:49

GBP/USD: trading plan for the US session on May 7th (analysis of morning deals). Pound attempts to be bought

In my morning forecast, I paid attention to the level of 1.2529 and planned to make decisions on market entry based on it. Let's look at the 5-minute chart...
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Analytical expert:
2024-05-07T14:53:15
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