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Forex Analysis

Forex Analysis:::2026-05-07T02:23:47
GBP/USD Overview. May 7: The US and Iran Agree to Continue Negotiating
The GBP/USD currency pair also resumed its upward movement on Wednesday. The decline of the US dollar was, as one might guess, caused by geopolitical factors. Specifically, another wave...
Forex Analysis:::2026-05-07T02:23:46
EUR/USD Overview. May 7: Trump Retreats Without Backing Down
On Wednesday, the EUR/USD currency pair began a new wave of upward movement, potentially marking the starting point of a new upward trend that started about a month ago. It's...
Forex Analysis:::2026-05-07T02:23:44
Trading Recommendations and Trade Analysis for GBP/USD on May 7: Pound Continues to "Swing"
The GBP/USD currency pair surged again on Wednesday, similar to the EUR/USD pair, but market exuberance was tempered in the afternoon. Dollar sales began after a series of messages from...
Forex Analysis:::2026-05-07T02:23:44
Trading Recommendations and Trade Analysis for EUR/USD on May 7: Euro Soars Again on Rumors
The EUR/USD currency pair rose on Wednesday but has struggled to find a clear direction for almost two weeks now. However, it's probably unfair to blame the market...
Forex Analysis:::2026-05-06T22:52:22
EUR/USD Price Analysis and Forecast: EUR/USD Growth Stymied by Persistent Uncertainty
On Wednesday, the EUR/USD exchange rate shows a tendency to rise against a backdrop of renewed optimism regarding a potential peace agreement between the US and Iran, which puts pressure...
Forex Analysis:::2026-05-06T22:52:04
WTI Price Analysis and Forecast: Washington and Tehran on the Brink of Signing a Memorandum of Understanding
On Wednesday, the price of American oil, as measured by West Texas Intermediate (WTI), sharply declined. The market is actively reassessing geopolitical risks in the Middle East amid Axios reporting...
Forex Analysis:::2026-05-06T22:51:34
USD/CHF Analysis and Forecast: As Market Sentiments Improve, USD/CHF Pair Loses Ground
Hopes for a deal between Washington and Tehran are weakening the US dollar and supporting risk assets. Inflation in Switzerland accelerated in April, providing support for the Swiss franc, despite...
Forex Analysis:::2026-05-06T22:51:34
Iran Ready for a Deal, But Is It Really That Simple?
Wednesday was filled with geopolitical events. Some of them carry "insider" information again, but others are official statements from representatives of Tehran and Washington. Donald Trump announced on Wednesday that...
Forex Analysis:::2026-05-06T22:50:45
USD/JPY: Again 155: "Second Series" of Japanese Intervention and Encouraging Axios Insider
The USD/JPY pair sharply declined on Wednesday— in just an hour, the price fell almost 300 points. This is the second anomalous price movement in the last two weeks. Last...
Forex Analysis:::2026-05-06T18:12:35
EUR/USD Analysis – May 6th: US Labor Market Conditions
The wave pattern on the 4-hour chart for EUR/USD has changed. There is still no indication that the upward trend segment (shown in the lower chart), which began in January...
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