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Trading Recommendations and Analysis of EUR/USD on May 6. From a Boring Monday to a Boring Tuesday
Analysis of EUR/USD 5M
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Analysis of EUR/USD 5M The EUR/USD currency pair exhibited "super volatility" on Tuesday, not exceeding 40 pips. Throughout the day, no geopolitical news was reported, but two quite significant reports from the US were published, along with another speech by European Central Bank President Christine Lagarde. Initially, we did not expect anything discouraging from Lagarde's speech, and the market could have reacted to the macroeconomic data from across the ocean. However, it preferred to ignore them once
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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