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…

Elliott waves analysis – USD/JPY. The price continues to decline.

USDJPY – Down The situation for this pair also continues to develop within the previously considered wave scenario. It is worth recalling that the formation of a large correction in…

Elliott waves analysis – GBP/USD. The price is ready to continue rising.

GBPUSD – Flat The pound is trying to keep up with the euro and also takes advantage of the opportunity to improve its shaky position. Buyers managed to raise the…

Forex Fundamental Analysis – EUR/USD is gaining strength, but the recovery is very slight

EURUSD – Up EURUSD: EUR/USD was supported in the market on Wednesday, taking the pair on a new course towards 1.0600 in the middle of the weekly trading session. The…

Forex Fundamental Analysis – GBP/USD promptly returned above the 1.2600 level

GBPUSD – Flat GBPUSD: GBP/USD finally returned above the 1.2600 mark on Wednesday, helped by the market softening its recent bullish stance on the Dollar. There is still little economic…

Forex Fundamental Analysis – The Japanese yen is falling from the high reached against the U.S. dollar on Wednesday

USDJPY – Down USDJPY: The Japanese Yen (JPY) is slightly lower against its US counterpart during the Asian session and erodes some of the recent strong gains to a five-week…

Company News – Schedule changes for November 28 and 29

  Dear clients, Due to the celebration of Thanksgiving in the USA, there will be changes to the trading schedule on November 28 and 29. Trading Schedule: Instruments Trading Schedule…

Elliott waves analysis – EUR/USD. Buyers are preparing an impulse with elongation.

EURUSD – Up The attempt to start growing ended in failure, as soon as the price updated the local maximum, sales resumed, which brought the rate back to the starting…

Elliott waves analysis – GBP/USD. The price is preparing for a strong impulsive growth.

GBPUSD – Flat The situation for the pair under consideration is identical to that currently forming for EUR/USD. The attempt to grow was unsuccessful, but most likely it was only…

Elliott waves analysis – USD/JPY. The price will continue to move down.

USDJPY – Down The situation for the pair under consideration is developing within the previously considered scenario. Apparently, the upward impulse really ended with the formation of a final diagonal…

Forex Fundamental Analysis – EUR/USD holds its ground ahead of US economic data release

EURUSD – Up Event to watch out for today: 15:30 EET. USD – Unemployment Claims EURUSD: The Euro-dollar pair is holding its ground after recent losses recorded in the previous…

Forex Fundamental Analysis – GBP/USD strengthens above 1.2550 ahead of US data

GBPUSD – Flat Event to watch out for today: 15:30 EET. USD – Unemployment Claims GBPUSD: The Pound-Dollar pair is trading on a stronger note near 1.2570 on Wednesday in…

Forex Fundamental Analysis – Japanese yen hits multi-week high against the US dollar

USDJPY – Down Event to watch out for today: 15:30 EET. USD – Unemployment Claims USDJPY: The Japanese Yen (JPY) continues to attract some safe haven flows amid tariff threats…

Elliott waves analysis – GBP/USD. The development of upward impulsive growth is expected.

GBPUSD – Flat The situation for the GBP/USD pair is generally quite similar to that currently developing for EUR/USD. Here, too, the formation of a correction in the form of…

Elliott waves analysis – EUR/USD. The beginning of impulsive growth.

EURUSD – Up The opening of the trading week resulted in the formation of a bullish gap, which was quickly closed. Now the price is at the very beginning of…

Elliott waves analysis – USD/JPY. The price has begun to develop a downward impulse.

USDJPY – Down Earlier, a scenario was considered in which the completion of an upward impulsive movement by a final diagonal triangle was assumed. A possible signal for the beginning…

Forex Fundamental Analysis – The EUR/USD is attempting to regain lost ground near 1.0500

EURUSD – Up Event to pay attention to today: 21:00 EET. USD – FOMC Meeting Minutes EURUSD: On Monday, the EUR/USD attempted to consolidate higher levels, retracing back to 1.0500…

Forex Fundamental Analysis – The GBP/USD exchange rate is currently trading at around 1.2600, with trading activity remaining relatively subdued at the start of the week

GBPUSD – Flat Event to pay attention to today: 21:00 EET. USD – FOMC Meeting Minutes GBPUSD: The GBP/USD is making small gains throughout the day, but is unable to…

Forex Fundamental Analysis – The Japanese yen is receiving support from a more optimistic outlook on risk

USDJPY – Down Event to pay attention to today: 21:00 EET. USD – FOMC Meeting Minutes USDJPY: During Tuesday’s Asian session, the Japanese Yen (JPY) saw a modest gain against…

Elliott waves analysis – EUR/USD. Price is preparing for a reversal and impulsive growth.

EURUSD – Up The situation is fully developing within the current wave scenario. Apparently, the past trading week managed to complete the formation of a downward impulse, which is also…