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Overview of the EUR/USD pair. May 7. The panic around the Fed, Janet Yellen and inflation.
The markets took offense at the US dollar and the Fed, as if Jerome Powell had promised them something and did not keep his word. The US currency is falling...
Fractal analysis of major currency pairs on May 7, 2021
The EUR/USD pair is following the upward trend from May 5. The key resistance level is 1.2106 and the key support level is 1.2030. The GBP/USD is expected to further...
EUR/USD: plan for the European session on May 7. COT reports. Bulls keep picking up levels. The next target is 1.2091
Yesterday was a pretty interesting day for the bulls, but my trading strategy did not show the best results. Let's take a look at the 5 minute chart...
Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on May 7
Strong EU reports set off a rally in the market yesterday, thereby forming a buy signal in the euro. Meanwhile, several signals appeared for the pound, but only...
Forecast and trading signals for GBP/USD on May 7. Analysis of the previous review and the pair's trajectory on Friday
GBP/USD 5M The GBP/USD pair began to trade not just in the "swing" mode, but in the "storm" mode or in the "high-volatility swing" mode on Thursday, May 6. Fortunately...
EUR/USD: Strong statistics on US employment and inflation may bring investor interest back to sales
Disappointing US business statistics, falling Treasury yields, and the dovish rhetoric of most Fed officials have made the US dollar lose much of the gains it has made since late...
Overview of the GBP/USD pair. May 7. Parliamentary elections are being held in Scotland and Wales.
4-hour timeframe Technical details: Higher linear regression channel: direction - downward. Lower linear regression channel: direction - upward. Moving average (20; smoothed) - sideways. CCI: 6.4095 The British pound...
Forecast and trading signals for EUR/USD on May 7. Analysis of the previous review and the pair's trajectory on Friday
EUR/USD 5M The EUR/USD pair traded much better on May 6 than on the last two days. We remind you that globally, we either saw a new upward trend...
Analysis of Gold for May 07,.2021 - Overbought condiiton and potential for downside rotation towards $1.815 and $1.801
Technical analysis: Gold has been trading upside after the NFP today but we got major buying climax. Buying climax in the rising market is negative and there is potential...
EUR/USD: plan for the US session on May 7 (analysis of morning trades)
In my morning forecast, I paid attention to the level of 1.2059 and recommended that you make a decision on entering the market from it. Let's look at the 5-minute...