GBPUSD – Flat At the moment, a very clear and understandable wave pattern has developed for the trading pair under consideration. As expected, on the final trading day of the…
Rubrika: Forex
Elliott waves analysis – USD/JPY. The price may begin impulsive decline.
USDJPY – Down While the euro and pound, under pressure from the dollar, once again updated their local lows, the yen was able to resist. Now, when the dollar’s positions…
Forex Fundamental Analysis – EUR/USD meets resistance after bouncing off two-year lows
EURUSD – Up EURUSD: The US Dollar may strengthen as the latest US PMI data reinforces the likelihood that the Fed will slow the pace of rate cuts. The Euro…
Forex Fundamental Analysis – GBP/USD rises to 1.2600, moving away from multi-month lows.
GBPUSD – Flat GBPUSD: The US Dollar Index (DXY) is pulling back from a two-year high as bulls decided to lock in some profits amid a sharp decline in US…
Forex Fundamental Analysis – Japanese yen returns to last week’s highs
USDJPY – Down USDJPY: Lower U.S. bond yields are driving profit taking in the dollar and favoring the yen.The U.S. dollar, which has risen for eight consecutive weeks, is retreating…
Company News – SHOCKING! 40% tariffs on Chinese imports!
According to a survey of economists by Reuters, the U.S. is considering imposing nearly 40% tariffs on Chinese imports early next year. Such measures could slow the growth of…
Forex Fundamental Analysis – EUR/USD pulls back, showing a new multi-month low
EURUSD – Up EURUSD: Friday’s PMI releases will dominate at the end of the week. EUR/USD declined further on Thursday, continuing to lose weight in the near term and falling…
Forex Fundamental Analysis – GBP/USD hit a new six-month low this Thursday
GBPUSD – Flat GBPUSD: The pound sterling gave up ground on the back of a poor British news calendar. Pound traders are expecting a tight data schedule on Friday. GBP/USD…
Forex Fundamental Analysis – Rising US yields may curb yen strength
USDJPY – Down USDJPY: Higher market sentiment and rising US bond yields are limiting the rise of the low-yielding yen. The US Dollar is holding near its highest level in…
Elliott waves analysis – EUR/USD. The downward impulse is nearing completion.
EURUSD – Up The price during the past trading day fully confirmed the expectations placed on it. After fluctuating for some time within a certain range, the downward movement resumed,…
Elliott waves analysis – GBP/USD. The downward impulse is nearing completion.
GBPUSD – Flat The price movement pattern of the British pound has recently resembled that of the euro. Here, too, a downward impulse is likely developing, which is wave [c]…
Elliott waves analysis – USD/JPY. The dollar will make another attempt to rise.
USDJPY – Down While the dollar is successfully strengthening against the pound and euro, some problems have arisen with the yen. Having started to grow confidently and clearly aiming to…
Forex Fundamental Analysis – US dollar strengthened thanks to cautious remarks by Fed officials
EURUSD – Up Event to watch out for today: 15:30 EET. USD – Unemployment Claims EURUSD: The Euro-dollar pair gained slightly after losses in the previous session, trading around 1.0550…
Forex Fundamental Analysis – UK inflation report reinforced the Bank of England’s caution
GBPUSD – Flat Event to watch out for today: 15:30 EET. USD – Unemployment Claims GBPUSD: The GBP/USD pair declined to 1.2650 during Asian trading on Thursday. This decline can…
Forex Fundamental Analysis – Japanese yen strengthens against the dollar, but upside potential is limited
USDJPY – Down Event to watch out for today: 15:30 EET. USD – Unemployment Claims USDJPY: The Japanese yen (JPY) rises against its US counterpart during the Asian session on…
Elliott waves analysis – EUR/USD. A decline in the fifth wave of a bearish impulse.
EURUSD – Up The attempt to rise, as expected, was unsuccessful, and as soon as the price reached the local maximum, active sales began again, bringing the value back to…
Elliott waves analysis – GBP/USD. A decline in the fifth wave of the impulse will continue.
GBPUSD – Flat The attempt to rise turned out to be unsuccessful for the British currency, which was expected. The current wave scenario suggests that a downward impulse is currently…
Elliott waves analysis – USD/JPY. A final upward surge is possible.
USDJPY – Down The dollar is trying to strengthen on all fronts. Relative to the Japanese currency, there is also a slow upward movement, which was expected. Currently, the observed…
Forex Fundamental Analysis – EUR/USD seeks to consolidate above 1.0600
EURUSD – Up Event to pay attention to today: 15:00 EET. EUR – ECB President Christine Lagarde Speaks EURUSD: On Tuesday, the EUR/USD was trading between the 1.0550 and 1.0600…
Forex Fundamental Analysis – GBP/USD rises towards 1.2700 ahead of UK CPI inflation data
GBPUSD – Flat Event to pay attention to today: 09:00 EET. GBP – Consumer Price Index GBPUSD: The GBP/USD currency pair has demonstrated a third consecutive session of strengthening, with…
Forex Fundamental Analysis – The USD/JPY currency pair has continued its reversal from the weekly low
USDJPY – Down USDJPY: On Tuesday, the Japanese Yen (JPY) demonstrated robust two-way price movements, with minimal fluctuations against its US counterpart by the end of the trading day. Russia’s…
Elliott waves analysis – EUR/USD. Expectations for the development of the final wave of the downward impulse remain.
EURUSD – Up The forecast for the current situation has been partially realized. The price, under pressure from sales, indeed headed down, but the current minimum was not updated. Instead,…
Elliott waves analysis – GBP/USD. A decline is expected in the final wave of the downward impulse.
GBPUSD – Flat The situation for this pair developed similarly to EUR/USD during the past day. The price confidently headed down to update the previously established local minimum, but when…
Elliott waves analysis – USD/JPY. The beginning of the development of the final wave of the final diagonal triangle.
USDJPY – Down During the past trading day, there were no significant changes in this pair. The price attempted to move sharply down, but was stopped in time by vigilant…
Elliott waves analysis – EUR/USD. A decline is expected in the fifth wave of the downward impulse.
EURUSD – Up The beginning of the trading week turned out to be boring, sluggish, and uninteresting for trading. Volatility is reduced, which does not allow you to benefit from…
Elliott waves analysis – GBP/USD. The downward movement will resume soon.
GBPUSD – Flat The situation at the beginning of the trading week for this pair began to develop within the current wave scenario, where, presumably, a downward impulse is forming…
Elliott waves analysis – USD/JPY. Growth in the final wave of the final diagonal triangle.
USDJPY – Down The situation for this pair fully agrees with what we see in EUR/USD and GBP/USD, where the development of final bearish waves is expected, followed by a…
Forex Fundamental Analysis – EUR/USD strengthened and continued its rebound from 1.05
EURUSD – Up EURUSD: The euro remains exposed to market flows amid another week of poor economic data. EUR/USD trimmed losses on Monday, rising nearly two-thirds of a per cent…
Forex Fundamental Analysis – The GBP/USD pair has recovered from the recent bearish momentum.
GBPUSD – Flat Event to pay attention to today: 13:00 GMT+3. GBP – Monetary Policy Report Hearings GBPUSD: UK CPI inflation data will be released mid-week. GBP/USD rose 0.5% on…
Forex Fundamental Analysis – Japanese yen rises against the US dollar
USDJPY – Down USDJPY: The Japanese yen (JPY) rose against its US counterpart during Tuesday’s Asian session, although it lacked bullish confidence amid uncertainty over the timing of the Bank…