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Forecast for GBP/USD on May 3, 2024

GBP/USD The British pound remains focused on achieving a 50% correction from the decline between March 8th and April 22nd. This correction coincides with the target level of 1.2596. Pressure...
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Analytical expert:
2024-05-03T03:25:55

Forecast for EUR/USD on May 3, 2024

EUR/USD Yesterday, the euro made a strong effort to return to the 1.0636/56 range, but the market's brief return to risk took over. The price returned above the resistance...
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Analytical expert:
2024-05-03T03:25:59

Forecast for USD/JPY on May 3, 2024

USD/JPY The yen continues to actively fluctuate. Yesterday's trading range exceeded 3 figures, closing the day down by 93 pips. The pair continues to fall in today's Pacific session...
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Analytical expert:
2024-05-03T03:25:51

Trading plan for EUR/USD on May 3. Simple tips for beginners

Analyzing Thursday's trades: EUR/USD on 1H chart The EUR/USD pair traded within an ascending channel on Thursday, which it should have already broken out of. In fact, we continue...
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Analytical expert:
2024-05-03T03:49:13

Trading plan for GBP/USD on May 3. Simple tips for beginners

Analyzing Thursday's trades: GBP/USD on 1H chart The GBP/USD pair also tried to initiate a downward movement on Thursday after the price consolidated below the ascending trend line...
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Analytical expert:
2024-05-03T03:49:18

Analysis of GBP/USD pair on May 2nd. The final chord for the dollar

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 build a downward wave...
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Analytical expert:
2024-05-02T15:49:08

Analysis of EUR/USD pair on May 2nd. The market calmly responded to the FOMC meeting

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. At the moment, we observe the construction of the presumed wave...
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Analytical expert:
2024-05-02T15:41:36

Trading Signals for GOLD (XAU/USD) for May 2-4, 2024: buy above $2,280 (200 EMA - symmetrical triangle)

Gold is trading around 2,287.62, above the 200 EMA, and within a symmetrical triangle pattern forming since April 16. Yesterday, gold reached the 2,230 area, it tried to break this...
iconRelevance until2024-05-07
Analytical expert:
2024-05-02T14:12:49

The euro did not understand the Fed's signals

The Federal Reserve decided to exercise patience. Fed Chair Jerome Powell was absolutely clear about this. Unlike previous FOMC meetings, where he asserted that the federal funds rate would...
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Analytical expert:
2024-05-02T22:53:03

Trading Signals for EUR/USD for May 2-4, 2024: buy above 1.0681 (21 SMA - 3/8 Murray)

The euro could consolidate between 1.0742 (4/8 of Murray) and 1.0620 (2/8 of Murray) in the coming days. We believe that this price range could fluctuate for a long time...
iconRelevance until2024-05-07
Analytical expert:
2024-05-02T15:43:30
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