EURUSD – Up Events to pay attention to today: 15:15 EET. EUR – ECB Interest Rate Decision 15:30 EET. USD – Unemployment Claims 15:45 EET. EUR – ECB Press Conference…
Rubrika: Forex
Forex Fundamental Analysis – Following the release of US CPI inflation data, GBP/USD has remained within a relatively narrow range
GBPUSD – Flat Event to pay attention to today: 15:30 EET. USD – Unemployment Claims GBPUSD: On Wednesday, GBP/USD exhibited limited movement, stalling near 1.2750 in response to the release…
Forex Fundamental Analysis – There is currently a lack of clarity surrounding the Bank of Japan’s decision to raise interest rates in December
USDJPY – Down Event to pay attention to today: 15:30 EET. USD – Unemployment Claims USDJPY: The Japanese Yen (JPY) saw a positive shift in momentum during the Asian session…
Elliott waves analysis – EUR/USD. Upside movement on the verge of cancellation.
EURUSD – Up Sellers seized control, pushing the price beyond the boundary of the projected initial diagonal triangle. This may signify either a market error or the emergence of a…
Forex Fundamental Analysis – EUR/USD has reached 1.05 mark again
EURUSD – Up Event to pay attention to today: 15:30 EET. USD – Consumer Price Index EURUSD: EUR/USD lost around 0.2% on Tuesday, declining for the third consecutive day and…
Forex Fundamental Analysis – GBP/USD on the rise to 1.2800 in the wait for US data
GBPUSD – Flat Event to pay attention to today: 15:30 EET. USD – Consumer Price Index GBPUSD: GBP/USD found room to rally on Tuesday, gaining nearly 0.2% and returning to…
Forex Fundamental Analysis – Japanese yen maintains moderate growth
USDJPY – Down Event to pay attention to today: 15:30 EET. USD – Consumer Price Index USDJPY: Uncertainty over how soon the Bank of Japan may raise rates is causing…
Elliott waves analysis – GBP/USD. Wave 2 correction is about to finish soon.
GBPUSD – Flat Over the past trading day, no significant changes took place. The price essentially stayed put, suggesting that the correction is still in progress. This likely reflects the…
Elliott waves analysis – EUR/USD. The price is poised to rise.
EURUSD – Up The market is building momentum for a sharp impulsive move. Yesterday’s trading session was dominated by bears, causing a decline and touching the lower boundary of the…
Elliott waves analysis – USD/JPY. Possible start of a decline in the third impulse wave.
USDJPY – Down The situation with this trading pair follows the expected path. Yesterday, the price managed to rise, although this buyer-driven strength appears temporary, given that it is tied…
Elliott waves analysis – GBP/USD. The price will continue to form a correction in the second wave of the emerging impulse.
GBPUSD – Flat Significant changes in the dynamics of this pair during the current trading day were absent. The pound attempted to rise, but it is likely that nothing substantial…
Elliott waves analysis – EUR/USD. The price is gathering energy for a strong move.
EURUSD – Up The trading day turned out to be sluggish and dull. Volatility is reduced, and the price is aimlessly drifting within a specific price range, accumulating energy for…
Elliott waves analysis – USD/JPY. Correction development is nearing completion.
USDJPY – Down Volatility in this pair is diminished, likely due to the development of a correction within the context of a forming downward impulse. At present, this correction is…
Forex Fundamental Analysis – The bearish outlook remains near 1.0550
EURUSD – Up EURUSD: The Euro-dollar pair is trading in positive territory around 1.0560 during the early European session on Tuesday. However, the upside potential of the major pair seems…
Forex Fundamental Analysis – GBP/USD maintains its position around 1.2750
GBPUSD – Flat GBPUSD: The Pound-Dollar pair remains stable for the second consecutive day, trading around the 1.2750 mark during Tuesday’s Asian session. The risk-sensitive pair could face challenges as…
Forex Fundamental Analysis – Japanese yen hits one-week low
USDJPY – Down USDJPY: Doubts about the Bank of Japan’s ability to keep raising rates proved to be a key factor undermining the yen. The Japanese yen (JPY) lost ground…
Forex Fundamental Analysis – EUR/USD declines to 1.0550 amid expectations of ECB rate cut
EURUSD – Up EURUSD: The EUR/USD currency pair is trading with a slight negative bias near 1.0550 during Asian trading hours on Monday. Investors will be monitoring the release of…
Forex Fundamental Analysis – GBP/USD is struggling for a firm intraday direction and fluctuated in a range on Monday
GBPUSD – Flat GBPUSD: The GBP/USD pair commenced the new week in a subdued manner, fluctuating within a narrow trading range below the mid-1.2700s during the Asian session. Spot prices…
Forex Fundamental Analysis – Doubts about the Bank of Japan’s ability to raise interest rates are further limiting the Japanese Yen’s gains.
USDJPY – Down USDJPY: The Japanese Yen (JPY) begins the new week on a positive note, supported by a combination of factors, although the upside appears limited. The latest government…
Elliott waves analysis – EUR/USD. Wedge development continues.
EURUSD – Up The euro still cannot achieve any significant gains. Each attempt to rise leads to a strong reaction from the opposing side, resulting in a pullback. Currently, this…
Elliott waves analysis – GBP/USD. Corrective decline is expected.
GBPUSD – Flat The situation with this trading pair is currently clearer. During the last trading day of the past week, the development of another active upward wave occurred, leading…
Elliott waves analysis – USD/JPY. Correction development continues.
USDJPY – Down Activity in this trading pair has significantly decreased. This is due to the presumed development of a correction, which is likely taking the form of a simple…
Forex Fundamental Analysis – EUR/USD continues to hold below 1.0600
EURUSD – Up Event to pay attention to today: 15:30 EET. USD – Unemployment Rate EURUSD: EUR/USD is declining to 1.0575 at the start of the European session on Friday.…
Forex Fundamental Analysis – GBP/USD pulls back from multi-week highs
GBPUSD – Flat Event to pay attention to today: 15:30 EET. USD – Unemployment Rate GBPUSD: The GBP/USD pair fluctuated within a range below the mid-1.2700s during the Asian session…
Forex Fundamental Analysis – The bulls on the Japanese yen are gaining the upper hand
USDJPY – Down Event to pay attention to today: 15:30 EET. USD – Unemployment Rate USDJPY: The Japanese yen continues to consolidate price movement amid fluctuating expectations of a Bank…
Company News – Bitcoin breaks $100,000! A historic milestone
For the first time in history, Bitcoin (BTCUSD) has crossed the $100,000 mark, rising 40% in just one month! Experts say this sharp rise is linked to Donald Trump’s victory…
Elliott waves analysis – EUR/USD. The price will try to continue the upward movement.
EURUSD – Up Buyers managed to achieve some success. The price rose, but remained within a range that currently looks somewhat uncertain. The thing is, the current situation can be…
Elliott waves analysis – GBP/USD. Growth is expected in the third wave of the upward impulse.
GBPUSD – Flat It was previously assumed that the correction development would continue and take up time until the end of the current trading week. However, buyers disagreed with this.…
Elliott waves analysis – USD/JPY. Expectations for growth within the correction remain.
USDJPY – Down The situation with the trading pair is developing within the framework of the expected scenario. After a good decline representing a downward impulse, buyers are trying to…
Elliott waves analysis – GBP/USD. The price will remain within the forming correction.
GBPUSD – Flat The situation with the pair did not undergo any significant changes during the trading day. Remaining within the limits of the ongoing correction, neither of the ever-competing…
