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Analytics today
In my morning forecast, I highlighted the level of 1.2521 and planned to base market entry decisions on it. Let's look at the 5-minute chart and analyze what happened there.
USD/JPY: trading tips for beginners for European session on May 2
The price test of 157.61 at the beginning of the US session occurred at a time when the MACD indicator sharply fell from the zero mark, which limited the pair's.
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.
Trading Signals for Bitcoin (BTC/USD) for May 2-7, 2024: buy above, $56,250 (rebound - 2/8 Murray)
Bitcoin is trading around 57,232, above 2/8 Murray, and under strong bearish pressure. We believe that Bitcoin could resume its main bullish cycle in the next few hours and could.
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.
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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.