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Overview of the EUR/USD pair. May 6. Jerome Powell and Janet Yellen confused the markets with their statements.

4-hour timeframe Technical details: Higher linear regression channel: direction - downward. Lower linear regression channel: direction - upward. Moving average (20; smoothed) - downward. CCI: -96.6853 The EUR/USD currency pair...
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Analytical expert:
2021-05-06T01:26:03

Overview of the GBP/USD pair. May 6. Scotland intends to seek the right to a referendum through the Courts.

4-hour timeframe Technical details: Higher linear regression channel: direction - downward. Lower linear regression channel: direction - upward. Moving average (20; smoothed) - sideways. CCI: 15.9574 The British pound...
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Analytical expert:
2021-05-06T01:26:05

Forecast for EUR/USD on May 6. COT report. Janet Yellen confused the markets with her statement.

EUR/USD – 1H. The EUR/USD pair fell to the corrective level of 100.0% (1.1990) during the last trading day, although the pair fell by 20 points. The activity of traders...
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Analytical expert:
2021-05-06T06:58:45

Analysis and trading recommendations for the EUR / USD and GBP / USD pairs on May 6

Analysis of transactions in the EUR / USD pair Although the strong PMI reports broke the bearish trend in the euro, sell signals still appeared in the market yesterday. However...
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Analytical expert:
2021-05-06T09:29:47

Forecast and trading signals for EUR/USD on May 6. Analysis of the previous review and the pair's trajectory on Thursday

EUR/USD 5M The EUR/USD pair traded in an "adverse" way on May 5. The quotes changed the direction of its movement twice during the European trading session, but at least...
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Analytical expert:
2021-05-06T02:45:37

GBP/USD: plan for the European session on May 6. COT reports. Bank of England's decision will lead to a surge in pound volatility. You need to leave the channel

To open long positions on GBP/USD, you need: Several signals to enter the market were formed yesterday. Let's look at the 5-minute chart and analyze the entry points...
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Analytical expert:
2021-05-06T06:48:27

Forecast for USD/JPY on May 6, 2021

USD/JPY The Japanese yen is in an interesting position: the current price on the daily chart is between the balance and MACD indicator lines, between the target levels of 109.26...
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Analytical expert:
2021-05-06T03:32:44

EUR/USD: plan for the European session on May 6. COT reports. Euro still under pressure, and bears are aiming to surpass support at 1.1988

There were no signals to enter the market yesterday afternoon, as volatility remained at a fairly low level, and the pair did not reach any of the levels I indicated...
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Analytical expert:
2021-05-06T06:45:18

Forecast for GBP/USD on May 6, 2021

GBP/USD The British pound stays calm amid today's elections to the Scottish parliament, as preliminary polls show that the nationalists still lack the strength (popular support) to obtain a majority...
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Analytical expert:
2021-05-06T03:35:53

Trading plan for EURUSD for May 06, 2021

EURUSD finally resumes its counter trend rally, in line with our discussions yesterday, after carving a bottom at 1.1987 levels. Please note that potential for this correction remains through 1.2070...
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Analytical expert:
2021-05-06T10:24:55
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