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The euro will support itself
The first signs of weakness in the US labor market provided a strong argument that the EUR/USD correction would develop into breaking the downtrend. This requires further cooling...
Relevance until2024-05-11
Analytical expert:
2024-05-06
Euro will return to parity
From 1.20 to parity. The euro started 2024 from the $1.10 mark after an impressive 5.6% rise in the fourth quarter. Among the bulls on EUR/USD, there was euphoria associated...
Relevance until2024-05-10
Analytical expert:
2024-04-12
EUR/USD. May 9th. Bulls have exhausted their strength
The EUR/USD pair rebounded from the resistance zone of 1.0764–1.0806 on Tuesday, indicating a potential reversal in favor of the US dollar and a slight decline towards the lower line...
Relevance until2024-05-10
Analytical expert:
2024-05-09
EUR/USD: trading tips for beginners for European session on May 9
The price test of 1.0755 occurred at a time when the MACD indicator had sharply risen above the zero mark, which limited the EUR/USD pair's bullish potential—especially given that...
Relevance until2024-05-10
Analytical expert:
2024-05-09
GBP/USD: trading tips for beginners for European session on May 9
The price test of 1.2500 occurred at a time when the MACD indicator had sharply risen above the zero mark, which limited the GBP/USD pair's bullish potential. For this reason...
Relevance until2024-05-10
Analytical expert:
2024-05-09
Trading Signals for GOLD (XAU/USD) for May 7-9, 2024: buy above $ 2,318 (200 EMA - 5/8 Murray)
Gold is trading around 2,314, below the 200 EMA, below the 21 SMA, and within an uptrend channel forming since May 3 with signs of exhaustion. On the H1 chart...
Relevance until2024-05-12
Analytical expert:
2024-05-07
Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on May 6th
The upcoming week is expected to see a general sideways movement in the euro's price. In the coming days, one should expect an increase towards the calculated resistance zone. Subsequently...
Relevance until2024-05-10
Analytical expert:
2024-05-06
EUR/USD: trading plan for the US session on May 9th (analysis of morning deals). The euro rebounded from 1.0726
In my morning forecast, I paid attention to the 1.0726 level and planned to make decisions on entering the market from it. Let's look at the 5-minute chart and figure...
Relevance until2024-05-10
Analytical expert:
2024-05-09
Forecast for USD/JPY on May 9, 2024
USD/JPY The USD/JPY pair started a significant correction after a sharp drop due to the Bank of Japan's currency intervention. The pair reached the target level of 155.75...
Relevance until2024-05-10
Analytical expert:
2024-05-09
USD/JPY: Simple trading tips for novice traders for May 9th (US session)
Trade analysis and tips for trading the Japanese yen The tests of the levels I indicated did not occur in the first half of the day, although the pair traded...
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Analytical expert:
2024-05-09
Trading plan for EUR/USD on May 9. Simple tips for beginners
Analyzing Wednesday's trades: EUR/USD on 1H chart EUR/USD remained stagnant on Wednesday. Volatility for the entire day was only 22 pips. It was obvious that it made no sense...
Relevance until2024-05-10
Analytical expert:
2024-05-09
Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and US dollar index on May 6th
The upcoming week is expected to see a general sideways movement in the price of the British pound major. One should expect growth towards the calculated resistance zone...
Relevance until2024-05-10
Analytical expert:
2024-05-06
Trading Signals for GOLD (XAU/USD) for May 6-8, 2024: buy above $2,302 (21 SMA - 5/8 Murray)
Gold is trading around 2,330.57, above the 21 SMA, and above the 200 EMA. On the H4 chart, we can see that gold resumed its bullish cycle after reaching...
Relevance until2024-05-11
Analytical expert:
2024-05-06
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...
Relevance until2024-05-22
Analytical expert:
2024-05-08
Outlook for GBP/USD on May 9. The pound flat ahead of the Bank of England meeting
On Wednesday, GBP/USD did not make any attempt to extend its downward movement. The market considered that two days of bearish trading are enough, and it wasn't worth...
Relevance until2024-05-10
Analytical expert:
2024-05-09
Trading Signals for GOLD (XAU/USD) for April 26-29, 2024: buy above $2,324 and sell below $2,352 (21 SMA - 6/8 Murray)
Given that gold has reached the top of the secondary uptrend channel, we believe that a technical correction could occur in the coming hours towards the 21 SMA located...
Relevance until2024-05-10
Analytical expert:
2024-04-26
USD/JPY: trading tips for beginners for European session on May 9
There were no tests of the levels I mentioned in the afternoon. We came very close to testing 155.66, where we could have gotten a good entry point to sell...
Relevance until2024-05-10
Analytical expert:
2024-05-09
Trading Signals for EUR/USD for May 6-8, 2024: sell below 1.0803 (overbought - 5/8 Murray)
EUR/USD is trading around 1.1045, below 5/8 Murray, above 200 EMA, and above 4/8 Murray. The instrument is showing signs of exhaustion. On the H4 chart, we can see that...
Relevance until2024-05-11
Analytical expert:
2024-05-06
GBP/USD: Simple trading tips for novice traders for May 9th (US session)
Trade analysis and tips for trading the British pound The test of the price at 1.2467 occurred at a moment when the MACD indicator was beginning to move down from...
Relevance until2024-05-10
Analytical expert:
2024-05-09
Trading Signals for EUR/USD for May 7-9, 2024: buy above 1.0780 (symmetrical triangle - 4/8 Murray)
Early in the European session, the EUR/USD pair is trading around 1.0762, showing signs of exhaustion and going through a technical correction below 5/8 Murray (1.0803). On the H4 chart...
Relevance until2024-05-12
Analytical expert:
2024-05-07