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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:
2024-05-09T02:59:02

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:
2024-05-09T00:59:53

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:
2024-05-09T04:30:19

Forecast for EUR/USD on May 9, 2024

EUR/USD Yesterday, the euro was in a calm state, as accurately warned by the Marlin oscillator, gradually falling on the daily chart. The US Treasury auction did not strengthen...
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Analytical expert:
2024-05-09T02:59:10

Outlook for EUR/USD on May 9. Third consecutive boring day for the euro

EUR/USD did not show any interesting movements on Wednesday. Volatility was less than 30 pips, which is slightly less than the last two days. Despite the minor downward movement, seeing...
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Analytical expert:
2024-05-09T00:57:37

Forecast for GBP/USD on May 2024

GBP/USD After the pound made a small effort to move lower, it stopped due to the target support at 1.2465. At the same time, the Marlin oscillator signal line stopped...
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Analytical expert:
2024-05-09T02:59:06

Key events on May 9: fundamental analysis for beginners

There are very few macroeconomic events planned for Thursday. In general, we will only highlight the US report on initial jobless claims. However, this report is of secondary importance...
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Analytical expert:
2024-05-09T04:45:20

Trading plan for GBP/USD on May 9. Simple tips for beginners

Analyzing Wednesday's trades: GBP/USD on 1H chart The GBP/USD pair traded flat throughout Wednesday. The day's volatility amounted to a mere 37 pips, which is absolutely low for the pound...
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Analytical expert:
2024-05-09T04:30:23

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:
2024-05-09T07:09:34

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:
2024-05-09T07:07:55
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