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Since the beginning of the year, I've been saying the same thing: I believe that the Federal Reserve is not in a rush to lower rates. In fact.
Analysis of EUR/USD pair on May 7th. The market sleeps and awaits important messages
The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. We are currently observing the construction of the presumed wave.
GBP/USD: Simple trading tips for novice traders on May 7th (US session)
Trade analysis and tips for trading the British pound There was no testing of the levels I indicated due to the low market volatility in the first half.
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.
EUR/USD. May 7th. The bulls are running out of strength
The EUR/USD pair on Monday retraced to the resistance zone of 1.0785–1.0797, which is part of the larger resistance zone of 1.0764–1.0806. A bounce of quotes from this zone will.
Hot forecast for EUR/USD on May 7, 2024
The eurozone producer price index rose from -8.5% to -7.8%, but it had no effect on the situation, and the single currency stood still all day. Of course.
Growth continues: Wall Street in green for third day in a row
Indices continue to rise since the end of last week Paramount Global rises as bidders await special committee decision Tyson Foods shares fall on consumer demand concerns Spirit Airlines hits.
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This section is updated daily and contains market analysis prepared by professional analysts on behalf of InstaForex. Each of the specialists presents analytical reviews in accordance with his/her vision of the current situation on the foreign exchange and other markets. However, the outlooks below are neither recommendations nor instructions to any actions. They contain analysis of the current situation on financial markets. In some cases, analysts' opinions about current market conditions may differ.