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Forex AnalysisForecast, GBP, USD, GBPUSD, For beginners

GBP/USD: trading tips for beginners for European session on May 9

The price test of 1.2500 occurred at a time when the MACD indicator had sharply risen above the zero mark, which limited the GBP/USD pair's bullish potential. For this reason...
iconRelevance until2024-05-10
Analytical expert:
2024-05-09T07:09:34
Forex AnalysisForecast, EUR, USD, EURUSD, For beginners

EUR/USD: trading tips for beginners for European session on May 9

The price test of 1.0755 occurred at a time when the MACD indicator had sharply risen above the zero mark, which limited the EUR/USD pair's bullish potential—especially given that...
iconRelevance until2024-05-10
Analytical expert:
2024-05-09T07:07:55
Forex AnalysisTrading plan, EUR, USD, EURUSD, For beginners

Trading plan for EUR/USD on May 9. Simple tips for beginners

Analyzing Wednesday's trades: EUR/USD on 1H chart EUR/USD remained stagnant on Wednesday. Volatility for the entire day was only 22 pips. It was obvious that it made no sense...
iconRelevance until2024-05-10
Analytical expert:
2024-05-09T04:30:19
Forex AnalysisTechnical analysis, USDJPY

Forecast for USD/JPY on May 9, 2024

USD/JPY The USD/JPY pair started a significant correction after a sharp drop due to the Bank of Japan's currency intervention. The pair reached the target level of 155.75...
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Analytical expert:
2024-05-09T02:59:02
Forex AnalysisTrading plan, GBP, USD, GBPUSD, COT (Commitments of Traders)

Outlook for GBP/USD on May 9. The pound flat ahead of the Bank of England meeting

On Wednesday, GBP/USD did not make any attempt to extend its downward movement. The market considered that two days of bearish trading are enough, and it wasn't worth...
iconRelevance until2024-05-10
Analytical expert:
2024-05-09T00:59:53
Forex AnalysisTechnical analysis, EURUSD

EUR/USD. May 9th. Bulls have exhausted their strength

The EUR/USD pair rebounded from the resistance zone of 1.0764–1.0806 on Tuesday, indicating a potential reversal in favor of the US dollar and a slight decline towards the lower line...
iconRelevance until2024-05-10
Analytical expert:
2024-05-09T10:57:58
Forex AnalysisTechnical analysis, GBPUSD

GBP/USD. May 9th. Bulls fear Bailey's "soft" rhetoric

On the hourly chart, the GBP/USD pair rebounded from the corrective level of 50.0% (1.2464) on Wednesday and started a weak upward movement toward the level of 1.2517...
iconRelevance until2024-05-10
Analytical expert:
2024-05-09T10:51:49
Forex AnalysisForecast, USD, JPY, USDJPY, For beginners

USD/JPY: trading tips for beginners for European session on May 9

There were no tests of the levels I mentioned in the afternoon. We came very close to testing 155.66, where we could have gotten a good entry point to sell...
iconRelevance until2024-05-10
Analytical expert:
2024-05-09T07:09:43
Forex AnalysisTechnical analysis, GBPUSD

Forecast for GBP/USD on May 2024

GBP/USD After the pound made a small effort to move lower, it stopped due to the target support at 1.2465. At the same time, the Marlin oscillator signal line stopped...
iconRelevance until2024-05-10
Analytical expert:
2024-05-09T02:59:06
Forex AnalysisForecast, USD, JPY, USDJPY, For beginners

USD/JPY: Simple trading tips for novice traders for May 9th (US session)

Trade analysis and tips for trading the Japanese yen The tests of the levels I indicated did not occur in the first half of the day, although the pair traded...
iconRelevance until2024-05-10
Analytical expert:
2024-05-09T12:00:20
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