EURUSD – Up The situation for this pair continues to develop within the main wave scenario. According to this scenario, a downward impulse is forming, which is part of a…
Rubrika: Forex
Elliott waves analysis – GBP/USD. Possibly the beginning of a corrective growth.
GBPUSD – Flat The final trading day of the past week was under bearish control. The price continued to decline, but there was no enthusiasm in this. Although there was…
Elliott waves analysis – USD/JPY. The yen is showing signs of life again.
USDJPY – Down There were no significant changes in the past trading day for this pair. The price, having once again updated the local maximum, sharply rolled back down. However,…
Forex Fundamental Analysis – EUR/USD holds near yearly lows amid Fed caution
EURUSD – Up EURUSD: The Euro-dollar pair traded near 1.0550 during Monday’s Asian trading session, staying close to the yearly low of 1.0496 reached on November 14. The pair’s downside…
Forex Fundamental Analysis – Uncertainty over the Bank of England also contribute to limiting the pound’s rise
GBPUSD – Flat GBPUSD: The Pound-Dollar pair starts the new week on a subdued note and is consolidating in a range above the round 1.2600 mark, or the lowest level…
Forex Fundamental Analysis – Japanese yen partially recoups Friday’s gains
USDJPY – Down USDJPY: The Japanese Yen (JPY) is declining against its US counterpart and reversing part of Friday’s recovery from its lowest level since July 23 following remarks from…
Forex Fundamental Analysis – EUR/USD rises to 1.0550 after rebounding from yearly lows
EURUSD – Up Events to watch out for today: 15:30 EET. USD – Retail Sales EURUSD: EUR/USD broke a five-day losing streak, trading near 1.0540 during the Asian session on…
Forex Fundamental Analysis – GBP/USD remains on the defensive around 1.2675 in the Asian session on Friday
GBPUSD – Flat Events to watch out for today: 09:00 EET. GBP – GDP Volume Change 15:30 EET. USD – Retail Sales GBPUSD: GBP/USD declines to 1.2675, the lowest level…
Forex Fundamental Analysis – Japanese yen cheapens amid slowdown in domestic economic activity
USDJPY – Down Events to watch out for today: 15:30 EET. USD – Retail Sales USDJPY: The Japanese Yen (JPY) extends its losing streak against the US Dollar (USD) for…
Elliott waves analysis – EUR/USD. A small correction before another wave of decline.
EURUSD – Up The development of the downward impulse movement continues. At the moment, wave 3 is presumably completed. This is indicated by the reaction from buyers who attempted to…
Elliott waves analysis – USD/JPY. The correctional growth will soon end.
USDJPY – Down The situation for this pair remains under the firm control of buyers. The dollar’s exchange rate against the yen continues to rise, updating local highs. At the…
Elliott waves analysis – GBP/USD. The downward movement is put on a correctional pause.
GBPUSD – Flat The rapid decline in the pair, similar to EUR/USD, has paused. But this does not mean that a reversal will occur soon and the British currency will…
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Forex Fundamental Analysis – GBP/USD continues to decline for the fifth consecutive day
GBPUSD – Flat Events to watch out for today: 15:30 EET. USD – Unemployment Claims 22:00 EET. USD – Federal Reserve Chairman Jerome Powell Speaks GBPUSD: GBP/USD extends its decline…
Forex Fundamental Analysis – EUR/USD hits yearly lows near 1.0550
EURUSD – Up Event to watch out for today: 14:30 EET. EUR – ECB Monetary Policy Meeting Report 15:30 EET. USD – Unemployment Claims 22:00 EET. USD – Federal Reserve…
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Elliott waves analysis – EUR/USD. The impulsive decline will continue.
EURUSD – Up The previous trading day was again successful for sellers. The price moved down calmly and confidently, updating the previously established local minimum. And there is no light…
Elliott waves analysis – GBP/USD. The decline will resume after a slight corrective growth.
GBPUSD – Flat The situation for this pair is also developing under the strict control of the US dollar, the pressure from which is pushing the price lower and lower.…
Elliott waves analysis – USD/JPY. The price continues to rise.
USDJPY – Down The price continues to rise and, apparently, is not going to stop anytime soon, approaching the previously established maximum with each step. The breakdown of this important…
Forex Fundamental Analysis – Japanese yen continues to lose ground
USDJPY – Down Event to watch out for today: 15:30 EET. USD – Unemployment Claims 22:00 EET. USD – Federal Reserve Chairman Jerome Powell Speaks USDJPY: The Japanese Yen (JPY)…
Forex Fundamental Analysis – EUR/USD falls to 1.0600, awaiting US inflation data
EURUSD – Up Event to watch out for today: 15:30 EET. USD – Consumer Price Index EURUSD: The Euro-dollar pair remains under pressure on Wednesday, holding just above the 1.0600…
Forex Fundamental Analysis – GBP/USD declines as Trump’s policies may postpone further Fed rate cuts
GBPUSD – Flat Events to watch out for today: 15:30 EET. USD – Consumer Price Index GBPUSD: The Pound-Dollar pair extended its losing streak for the fourth consecutive session, trading…
Forex Fundamental Analysis – The Japanese yen fell to a fresh multi-month low
USDJPY – Down Event to watch out for today: 15:30 EET. USD – Consumer Price Index USDJPY: The Japanese yen (JPY) hit a new low since July 30 against its…
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Elliott waves analysis – EUR/USD. Price will form another bearish wave.
EURUSD – Up The pressure from sellers continued as expected. The price continued to decline and once again updated the local minimum. This movement is very similar to an impulse,…
Elliott waves analysis – GBP/USD. The decline within the zigzag formation will continue.
GBPUSD – Flat The pound, which had been fiercely resisting dollar pressure for a long time, finally gave up without much resistance, leading to a rather sharp decline in price.…
Elliott waves analysis – USD/JPY. The yen is still waiting for the right moment.
USDJPY – Down The Japanese yen cannot actively advance to significantly strengthen its positions. It only has enough strength to contain the dollar’s enthusiasm. However, the value of the yen…
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Forex Fundamental Analysis – EUR/USD declines amid expectations of more aggressive ECB rate cuts
EURUSD – Up EURUSD: EUR/USD continues to decline for the third consecutive session, trading near 1.0640 during Asian hours on Tuesday. US President-elect Donald Trump’s fiscal policies could negatively impact…