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Forecast for EUR/USD on May 2, 2024
EUR/USD Yesterday's FOMC meeting turned out to be hawkish in terms of Federal Reserve Chair Jerome Powell's statements at the press conference. Powell said the next rate...
Relevance until2024-05-03
Analytical expert:
2024-05-02T03:20:07
Forecast for GBP/USD on May 2, 2024
GBP/USD Yesterday, the British pound unexpectedly returned to the intermediate resistance at 1.2525 – the lows of February 5th and 14th, and the 38.2% Fibonacci level. Despite the intermediate status...
Relevance until2024-05-03
Analytical expert:
2024-05-02T03:02:10
Forecast for AUD/USD on May 2, 2024
AUD/USD Yesterday, the Australian dollar failed to consolidate below the support it reached at 0.6480, hindered by neighboring currencies that rallied following the Federal Reserve meeting. The price stopped rising...
Relevance until2024-05-03
Analytical expert:
2024-05-02T03:02:06
Trading plan for EUR/USD on May 2. Simple tips for beginners
Analyzing Wednesday's trades: EUR/USD on 1H chart The EUR/USD pair showed dishonorable movements on Wednesday. First of all, the market ignored all the "important" US reports. Secondly, the price initially...
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Analytical expert:
2024-05-02T04:01:36
Trading plan for GBP/USD on May 2. Simple tips for beginners
Analyzing Wednesday's trades: GBP/USD on 1H chart The GBP/USD pair hardly moved on Wednesday, as it was mostly stagnant throughout the day. Although the price settled below the ascending trendline...
Relevance until2024-05-03
Analytical expert:
2024-05-02T04:01:40
Key events on May 2: fundamental analysis for beginners
There are fewer macroeconomic events on Thursday, and none of them are crucial. The second estimates of the manufacturing Purchasing Managers' Index (PMI) for Germany and the EU will...
Relevance until2024-05-03
Analytical expert:
2024-05-02T04:18:36
GBP/USD: trading tips for beginners for European session on May 2
The price test of 1.2494 in the afternoon occurred at a time when the MACD indicator was just starting to move up from the zero mark, which confirmed the entry...
Relevance until2024-05-03
Analytical expert:
2024-05-02T07:24:53
Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday May 02 2024.
With the appearance of deviations between the price movement of the Nasdaq 100 index and the Stochastic Oscillator indicator plus the condition of the MA 50 which is below...
Relevance until2024-05-03
Analytical expert:
2024-05-02T03:44:54
Technical Analysis of Intraday Price Movement of EUR/USD Main Currency Pairs, Thursday May 02 2024.
Even though currently on the 4-hour chart the main EUR/USD currency pair is moving in a ranging/sideways condition, the condition of the 50 MA which is below...
Relevance until2024-05-03
Analytical expert:
2024-05-02T03:44:56
EUR/USD: trading tips for beginners for European session on May 2
The price test of 1.0675 in the afternoon occurred at a time when the MACD indicator was just starting to move up from the zero mark, which confirmed the entry...
Relevance until2024-05-03
Analytical expert:
2024-05-02T07:24:49
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