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EUR/USD. May 8th. The market continues to rest against the background of an empty calendar

The EUR/USD pair on Tuesday did indeed bounce off the resistance zone of 1.0764–1.0806, which allows for a reversal in favor of the US dollar and some decline towards...
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Analytical expert: Samir Klishi
2024-05-08

GBP/USD. May 8th. The pound does not expect a rate cut by the Bank of England

On the hourly chart, the GBP/USD pair continued its decline on Tuesday and confirmed consolidation below the ascending trend channel. Bulls lost their advantage on the hourly chart, and bears...
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Analytical expert: Samir Klishi
2024-05-08

Video market update for May 08, 2024

Potential for the further drop on BTCUSD...
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Analytical expert: Petar Jacimovic
2024-05-08

Forex forecast 05/08/2024: EUR/USD, Oil, Gold and SP500 from Sebastian Seliga

Video Agenda: 00:00 INTRO 00:13 Totay's key events: Crude Oil Inventories, German Industrial Production, European Central Bank Non-monetary Policy Meeting, Mortgage Rate (GBP), Cushing Crude Oil Inventories 01:24 EUR/USD 03:10...
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Analytical expert: Sebastian Seliga
2024-05-08

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...
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Analytical expert: Jakub Novak
2024-05-08

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...
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Analytical expert: Paolo Greco
2024-05-08

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...
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Analytical expert: Paolo Greco
2024-05-08

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...
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Analytical expert: Arief Makmur
2024-05-08

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday May 08, 2024.

If we look at the 4-hour chart of the AUD/JPY cross currency pair, we can see that the 50 MA is above the 200 MA, which means it is still...
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Analytical expert: Arief Makmur
2024-05-08

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...
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Analytical expert: Dimitrios Zappas
2024-05-08