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Trading Signals for XAU/USD (GOLD) for May 14-16, 2024: buy above $2,342 (21 SMA - rebound)
Gold is trading around 2,343, around the 21 SMA, and within the uptrend channel forming since early May. Gold, after a strong technical correction below 2,375, found a bottom around...
Relevance until2024-05-28
Analytical expert:
2024-05-14T04:28:38
Outlook for EUR/USD on May 14. Euro continues to convulse
The EUR/USD went through low volatility on Monday. The euro edged higher, but the pair's movements were so weak that it's hard to say who managed to benefit from just...
Relevance until2024-05-15
Analytical expert:
2024-05-14T00:38:36
Outlook for GBP/USD on May 14. The pound remains in a new sideways channel
Yesterday, the GBP/USD pair gradually moved higher after bouncing off the 1.2445 level, which can be considered the lower boundary of the new sideways channel. As we previously mentioned...
Relevance until2024-05-15
Analytical expert:
2024-05-14T00:38:40
Trading plan for EUR/USD on May 14. Simple tips for beginners
Analyzing Monday's trades: EUR/USD on 1H chart EUR/USD continued to gradually trade higher on Monday. In fact, it's difficult to talk about yesterday's rise, as the pair's volatility was just...
Relevance until2024-05-15
Analytical expert:
2024-05-14T04:08:56
Forecast for AUD/USD on May 14, 2024
AUD/USD Yesterday, the Australian dollar reached the target level of 0.6627 with the upper shadow of the daily candle and then it retreated, which it has always done since January...
Relevance until2024-05-15
Analytical expert:
2024-05-14T03:03:10
Forecast for EUR/USD on May 14, 2024
EUR/USD As expected, the main risk indicator – the stock market – declined yesterday (S&P 500 -0.02%), although it had mixed results (Russell 2000 0.29%). However, contrary to expectations...
Relevance until2024-05-15
Analytical expert:
2024-05-14T03:03:23
EUR/USD: trading tips for beginners for European session on May 14
The price test of 1.0795 occurred at a time when the MACD indicator had already sharply moved up from the zero mark, which affected the pair's upward potential. Therefore...
Relevance until2024-05-15
Analytical expert:
2024-05-14T07:40:38
Hot forecast for EUR/USD on May 14, 2024
The euro showed some growth on Monday, but it was more of a symbolic move. Therefore, there weren't any significant changes in the market. The US dollar's tendency to weaken...
Relevance until2024-05-15
Analytical expert:
2024-05-14T07:02:58
Technical Analysis of Intraday Price Movement of Gold Commodity Asset, Tuesday May 14, 2024.
If we look at the 4-hour chart of the Gold commodity asset, we will see hidden deviations between the Gold price movement and the Stochastic Oscillator indicator, which gives...
Relevance until2024-05-15
Analytical expert:
2024-05-14T03:47:38
Trading plan for GBP/USD on May 14. Simple tips for beginners
Analyzing Monday's trades: GBP/USD on 1H chart GBP/USD also continued to trade a bit higher on Monday. However, the technical picture for the British currency differs somewhat from the euro's...
Relevance until2024-05-15
Analytical expert:
2024-05-14T04:09:00
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