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Trading Recommendations and Trade Analysis for EUR/USD on May 8: The Market Prepares for an Important Friday

The EUR/USD currency pair traded with low volatility and little enthusiasm on Thursday. It was only during the North American trading session that we observed any semblance of market movement...
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Analytical expert:
2026-05-08T02:21:08

XAU/USD Price Analysis and Forecast: US Strikes Iranian Military Targets While Ceasefire Remains in Effect

Hopes for a peace agreement between the U.S. and Iran are counteracting the renewed hostilities and undermining the U.S. dollar. Lower expectations for a Federal Reserve rate hike are also...
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Analytical expert:
2026-05-08T09:38:53

EUR/USD Overview. May 8: Trump Sets the Stage for a New War

On Thursday, the EUR/USD currency pair traded relatively calmly, and in general, has been trading within a limited price range for the past three weeks, as can be clearly seen...
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Analytical expert:
2026-05-08T02:21:08

Gold Halts Its Rise

Yesterday marked a correction for the gold market; however, today the precious metal showed signs of recovery. This brief decline, following a prolonged period of growth, did not undermine...
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Analytical expert:
2026-05-08T07:43:59

How to Trade the EUR/USD Currency Pair on May 8? Simple Tips and Trade Analysis for Beginners

The EUR/USD currency pair attempted to extend its upward move on Thursday, but by the end of the day, buyers again surrendered their positions. Overall, over the past three weeks...
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Analytical expert:
2026-05-08T04:04:31

Trading Recommendations and Trade Analysis for GBP/USD on May 8: Pound Seeks a New Driver

The GBP/USD currency pair traded on Thursday as if it were doing someone a favor. However, throughout the day, there were no important announcements, leaving the market without anything...
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Analytical expert:
2026-05-08T02:21:08

GBP/USD: May 8th – US Labor Market Reports May Pressure the Dollar

On the hourly chart, the GBP/USD pair on Thursday rebounded from the resistance level of 1.3596–1.3620 and declined toward the support level of 1.3513–1.3539. However, price action over the past...
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Analytical expert:
2026-05-08T09:52:43

EUR/USD: May 8th – Uncertainty Over Iran Continues to Pressure the Market

On Thursday, the EUR/USD pair reversed once again in favor of the U.S. dollar and consolidated below the 50.0% Fibonacci retracement level at 1.1745. As a result, the pair's decline...
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Analytical expert:
2026-05-08T09:59:01

EUR/USD: Simple Trading Tips for Beginner Traders on May 8. Analysis of Yesterday's Forex Trades

The price at 1.1761 coincided with the MACD indicator moving significantly below the zero mark, which limited the pair's downside potential. The second test at 1.1761 led to the implementation...
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Analytical expert:
2026-05-08T06:21:34

EUR/USD: Tips for Beginner Traders on May 8th (U.S. Session)

Trade review and trading advice on the euro The price test at 1.1748 occurred at a moment when the MACD indicator had already moved significantly above the zero line, which...
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Analytical expert:
2026-05-08T10:54:19
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