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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...

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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...

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Analytical expert:

2024-05-02T03:02:06

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...

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Analytical expert:

2024-05-02T03:44:56

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

Bank of Japan is trapped and increasingly dependent on the Fed's stance. Overview of USD/JPY

Apparently, the Japanese authorities did conduct a currency intervention on April 29th. The USD/JPY pair came close to the 160 mark, after which it quickly fell to 154.50. A weak...

Relevance until2024-05-06

Analytical expert:

2024-05-01T23:41:58

Trading Signals for GOLD (XAU/USD) for May 1-2, 2024: buy above $2,290 (21 SMA - 4/8 Murray)

In the next few hours, we could expect gold to make a technical correction and consolidate above 2,290. This area could offer a good opportunity for gold to continue rising...

Relevance until2024-05-06

Analytical expert:

2024-05-01T15:47:37

DYDX Price Plummets After 630-Day Pattern Breakdown – 33 Million Token Unlock Adds to Bearish Sentiment

Key Takeaways 33 million DYDX tokens will be unlocked today, the fifth time it has happened this year. The DYDX price has fallen over 55% since its yearly high...

2024-05-01T12:29:14

UK cunningly evades sanctions to buy up Russian oil

The UK authorities have detected a loophole in the legislation to dodge anti-Russian sanctions. Implementing a cunning trick, the Kingdom is still buying huge volumes of Russian crude oil from...

2024-05-01T12:50:20

Fears over US stagflation mount

Analysts are once again sounding an alarm on the future of the US economy. A combination of elevated inflation and slower economic growth is raising fears of a stagflation scenario...

2024-05-01T12:24:37

FOMC Meeting Today Live Updates: Session End Nears, What’s Happening?

FOMC Meeting Today Live Updates: The third FOMC (Federal Open Market Committee) meeting for 2024, a significant event that shapes the U.S. economic landscape, is currently in progress. Starting...

2024-05-01T12:23:43

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Forecast for GBP/USD on May 2, 2024

Forecast for AUD/USD on May 2, 2024

Technical Analysis of Intraday Price Movement of EUR/USD Main Currency Pairs, Thursday May 02 2024.

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday May 02 2024.

Bank of Japan is trapped and increasingly dependent on the Fed's stance. Overview of USD/JPY

Trading Signals for GOLD (XAU/USD) for May 1-2, 2024: buy above $2,290 (21 SMA - 4/8 Murray)

DYDX Price Plummets After 630-Day Pattern Breakdown – 33 Million Token Unlock Adds to Bearish Sentiment

UK cunningly evades sanctions to buy up Russian oil

Fears over US stagflation mount

FOMC Meeting Today Live Updates: Session End Nears, What’s Happening?