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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...
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Analytical expert: Marek Petkovich
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...
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Analytical expert: Marek Petkovich
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...
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Analytical expert: Samir Klishi
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...
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Analytical expert: Jakub Novak
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...
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Analytical expert: Jakub Novak
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...
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Analytical expert: Dimitrios Zappas
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...
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Analytical expert: Isabel Clark
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...
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Analytical expert: Miroslaw Bawulski
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...
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Analytical expert: Laurie Bailey
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: Jakub Novak
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...
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Analytical expert: Paolo Greco
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...
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Analytical expert: Isabel Clark
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...
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Analytical expert: Dimitrios Zappas
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...
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Analytical expert: Dimitrios Zappas
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...
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Analytical expert: Paolo Greco
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...
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Analytical expert: Dimitrios Zappas
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...
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Analytical expert: Jakub Novak
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...
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Analytical expert: Dimitrios Zappas
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...
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Analytical expert: Jakub Novak
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...
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Analytical expert: Dimitrios Zappas
2024-05-07