logo

FX.co ★ Analytics dash

Analysis of EUR/USD on May 8th. Euro aims for the 1.5 figure

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. At the moment, we are observing the construction of the presumed wave...
iconRelevance until2024-05-09
Analytical expert: Chin Zhao
2024-05-08

Analysis of GBP/USD on May 8th. The pound hits an important level

The wave analysis for the GBP/USD pair remains quite complex. A successful attempt to break through the Fibonacci level of 50.0% indicated the market's readiness to form a downward wave...
iconRelevance until2024-05-09
Analytical expert: Chin Zhao
2024-05-08

USD/JPY: Simple Trading tips for novice traders on May 8th (US session)

Trade analysis and tips for trading the Japanese yen The first test of the price at 155.45 in the first half of the day occurred when the MACD indicator...
iconRelevance until2024-05-09
Analytical expert: Jakub Novak
2024-05-08

GBP/USD: Simple trading tips for novice traders on May 8th (US session)

Trade analysis and tips for trading the British pound The test of the price at 1.2478 occurred at a moment when the MACD indicator had significantly declined from the zero...
iconRelevance until2024-05-09
Analytical expert: Jakub Novak
2024-05-08

EUR/USD: Simple trading tips for novice traders on May 8th (US session)

The test of the price at 1.0738 in the first half of the day occurred at a moment when the MACD indicator was just starting to move down from...
iconRelevance until2024-05-09
Analytical expert: Jakub Novak
2024-05-08

Trading Signals for CRUDE OIL (WIT) for May 8-15, 2024: buy above $78.12 (21 SMA - 2/8 Murray)

Early in the American session, Crude Oil (WTI) is trading around 78.44 within a downtrend channel forming since April 11 and within a secondary bearish channel forming since April...
iconRelevance until2024-05-13
Analytical expert: Dimitrios Zappas
2024-05-08

GBP/USD: trading plan for the US session on May 8th (analysis of morning deals). The pound was bought in the area of 1.2471

In my morning forecast, I paid attention to the level of 1.2471 and planned to make decisions regarding market entry based on it. Let's look at the 5-minute chart...
iconRelevance until2024-05-09
Analytical expert: Miroslaw Bawulski
2024-05-08

EUR/USD: trading plan for the US session on May 8th (analysis of morning deals). No statistics, no movement

In my morning forecast, I paid attention to the 1.0758 level and planned to make decisions on entering the market from it. Let's look at the 5-minute chart and figure...
iconRelevance until2024-05-09
Analytical expert: Miroslaw Bawulski
2024-05-08

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...
iconRelevance until2024-05-09
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...
iconRelevance until2024-05-09
Analytical expert: Samir Klishi
2024-05-08