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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

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

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

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

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

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

GBP/USD Overview. May 8: Is There a Chance for a Deal Between Iran and the US?

The GBP/USD currency pair also traded quite calmly on Thursday, remaining near its local highs. The upward trend persists even on the 4-hour timeframe, despite the lack of clear signs...
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Analytical expert:
2026-05-08T02:21:08

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

US and Iran Exchange Strikes. Oil Prices Rise

Yesterday, oil prices rose amid the resumption of clashes between American and Iranian forces, which overshadowed the prospects for concluding a deal to end the 10-week war. The price...
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Analytical expert:
2026-05-08T07:44:01

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

The price test at 156.48 coincided with the MACD indicator just beginning to move upward from the zero mark, confirming the correct entry point for buying the dollar...
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Analytical expert:
2026-05-08T06:21:36
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