Elliott waves analysis – EUR/USD. Expectation of growth in the fifth wave of the initial diagonal triangle remains.

EURUSD – Up The euro once again failed to grow, remaining at the same price levels as before. For now, this is not critical, but an alternative wave movement scenario…

Elliott waves analysis – USD/JPY. The pair’s corrective growth will continue.

USDJPY – Down As expected, the price of the pair began to rise. Thus, the assumption about the beginning of a corrective growth, which is the second wave in the…

Forex Fundamental Analysis – EUR/USD rebounds from 1.0500, but bearish risks persist

EURUSD – Up Event to pay attention to today: 15:30 EET. USD – Unemployment Claims EURUSD: EUR/USD found support around the psychological 1.0500 level after opening the week with a…

Forex Fundamental Analysis – GBP/USD holds above 1.2700 amid weakness in dollar prices

GBPUSD – Flat Event to pay attention to today: 15:30 EET. USD – Unemployment Claims GBPUSD: The GBP/USD pair traded with a slight positive bias for the third consecutive day…

Forex Fundamental Analysis – Japanese yen strengthens amid expectations of a rate rise by the Bank of Japan

USDJPY – Down Event to pay attention to today: 15:30 EET. USD – Unemployment Claims USDJPY: The Japanese yen is attracting some buyers on Thursday, albeit without bullish conviction. Rising…

Forex Fundamental Analysis – EUR/USD consolidated below the 1.0600 level

EURUSD – Up Event to pay attention to today: 15:15 EET. USD – ADP Non-Farm Employment Change 17:00 EET. USD – ISM Services PMI EURUSD: EUR/USD declined again on Tuesday,…

Forex Fundamental Analysis – GBP/USD fluctuates near the 1.2700 mark

GBPUSD – Flat Event to pay attention to today: 15:15 EET. USD – ADP Non-Farm Employment Change 17:00 EET. USD – ISM Services PMI GBPUSD: US labor and payrolls data…

Elliott waves analysis – EUR/USD. Expectations for impulsive price growth remain.

EURUSD – Up As expected, the price once again attempted to grow. For now, it has only rebounded, but this could be the beginning of something bigger. It was previously…

Forex Fundamental Analysis – Japanese yen loses ground amid strengthening US dollar

USDJPY – Down Event to pay attention to today: 15:15 EET. USD – ADP Non-Farm Employment Change 17:00 EET. USD – ISM Services PMI USDJPY: Rising expectations of a BOJ…

Elliott waves analysis – GBP/USD. Correction development will continue.

GBPUSD – Flat The situation with the pair is unfolding within the framework of the previously considered wave scenario. The formed upward movement is likely impulsive and represents the initial…

Elliott waves analysis – USD/JPY. Expectations for a corrective price increase remain.

USDJPY – Down Contrary to expectations of the beginning of a corrective rise, the price continued to move down. The assumption about the completion of the downward impulse turned out…

Elliott waves analysis – GBP/USD. British pound also failed to continue strengthening.

GBPUSD – Flat Like the euro, the British pound failed to continue its strengthening. Instead of an upward movement, we saw a decline, which is currently considered as a correction.…

Elliott waves analysis – EUR/USD. Possibility of initial diagonal triangle development.

EURUSD – Up No expected activity from buyers was seen at the beginning of this week. Instead of an upward movement, the price began to slide down. So far, this…

Elliott waves analysis – USD/JPY. Corrective upward movement is expected.

USDJPY – Down There were no significant changes in the current trading session for this pair. The dollar made a weak attempt to grow, but quickly abandoned this idea. As…

Forex Fundamental Analysis – EUR/USD pulls back to the level of 1.05

EURUSD – Up Event to pay attention to today: 17:00 EET. USD – JOLTs Job Openings EURUSD: The EUR/USD pair is stuck at 1.0500 after the bullish recovery fizzled out.…

Forex Fundamental Analysis – The GBP/USD pair fell back below the 1.2700 mark

GBPUSD – Flat Event to pay attention to today: 17:00 EET. USD – JOLTs Job Openings GBPUSD: The lack of UK data left the dollar in the spotlight. US PMI…

Forex Fundamental Analysis – Japanese yen returns to the 150.00 mark

USDJPY – Down Event to pay attention to today: 17:00 EET. USD – JOLTs Job Openings USDJPY: The Japanese yen is attracting some market action on Tuesday but lacks support.…

Forex Fundamental Analysis – EUR/USD loses momentum near 1.0530

EURUSD – Up Event to pay attention to today: 17:00 EET. USD – ISM Manufacturing PMI EURUSD: EUR/USD is under some pressure at 1.0530 on the back of a stronger…

Forex Fundamental Analysis – GBP/USD falls from multi-week high below 1.2700

GBPUSD – Flat Event to pay attention to today: 17:00 EET. USD – ISM Manufacturing PMI GBPUSD: Amid ongoing geopolitical risks, fears of a second wave of trade war after…

Forex Fundamental Analysis – Japanese yen weakens against the US dollar

USDJPY – Down Event to pay attention to today: 17:00 EET. USD – ISM Manufacturing PMI USDJPY: The Japanese yen (JPY) is declining against its U.S. counterpart at the start…

Elliott waves analysis – GBP/USD. The price may start to correct.

GBPUSD – Flat The price is expectedly continuing to rise, each time updating local highs. During the past trading session, it managed to surpass the peak value set by the…

Elliott waves analysis – EUR/USD. Expectations for further impulsive price growth remain.

EURUSD – Up Although the current situation looks favorable enough for an upward movement, buyers do not seem to be in a hurry to push the price higher. This could…

Elliott waves analysis – USD/JPY. Possible beginning of a corrective upward movement.

USDJPY – Down The price remains under pressure from sellers, who once again managed to push the price even lower. Perhaps, during the past trading day, the formation of a…

Elliott waves analysis – EUR/USD. The initiative remains on the side of the buyers

EURUSD – Up Buyers decided not to rush things, choosing a more calm character for their upward movement. The local maximum was not updated during the last trading day, and…

Elliott waves analysis – GBP/USD. Further upward momentum is expected.

GBPUSD – Flat During the last trading day, there were no significant changes in the previously considered wave pattern. Control over the current situation remained with buyers. However, the price…

Elliott waves analysis – USD/JPY. Price takes a corrective pause.

USDJPY – Down After the breakdown of the upward structure, representing the breakdown of the minimum of the second wave in the final diagonal triangle, the downward movement immediately stopped…

Forex Fundamental Analysis – The EUR/USD exchange rate did not advance towards 1.0600

EURUSD – Up Event to pay attention to today: 12:00 EET. EUR – Consumer Price Index – Core EURUSD: On Thursday, the EUR/USD currency pair moved just below 1.0600 on…

Forex Fundamental Analysis – The GBP/USD currency pair enters the Friday market session on a calm note

GBPUSD – Flat Event to pay attention to today: 13:00 EET. GBP – BOE Governor Andrew Bailey Speaks GBPUSD: The GBP/USD currency pair had a quiet session on Thursday, with…

Forex Fundamental Analysis – The Japanese yen saw gains amid a rise in Tokyo’s consumer price index

USDJPY – Down USDJPY: The Japanese yen (JPY) is strengthening across the board following the release of robust consumer inflation data for November from Tokyo, Japan’s capital city. This supports…

Elliott waves analysis – EUR/USD. The euro is aiming for further strengthening of its position.

EURUSD – Up As expected, the dollar began to lose its initiative, which opponents quickly took advantage of. After the first unsuccessful attempt to rise, buyers tried again and this…