Elliott waves analysis – EUR/USD. Development of the corrective upward movement will continue.

EURUSD – Up As expected, buyers moved to decisive action, and their attempt to grow yielded some positive results. The euro exchange rate against the dollar did indeed rise, but…

Elliott waves analysis – USD/JPY. Expectations for the start of an impulsive decline remain.

USDJPY – Down The unreached target at the 61.8% Fibonacci level continues to trouble buyers. They seem determined to get there first, and only then hand over the initiative to…

Forex Fundamental Analysis – EUR/USD holds above 1.0850 amid weaker US dollar

EURUSD – Up An event to watch out for today: 12:00 EET. EUR – Consumer Price Index 14:30 EET. USD – Core PCE Price Index EURUSD: The Euro-dollar pair is…

Forex Fundamental Analysis – GBP/USD declines to 1.2955 in early Asian session on Thursday

GBPUSD – Flat Events to watch out for today: 14:30 EET. USD – Core PCE Price Index GBPUSD: The Pound-Dollar pair continued to decline to the 1.2955 level in the…

Forex Fundamental Analysis – The Japanese yen continues to trade near multi-month lows

USDJPY – Down Events to watch out for today: 14:30 EET. USD – Core PCE Price Index USDJPY: The Japanese Yen (JPY) continues its consolidated move against its US counterpart…

Forex Fundamental Analysis – Uncertainty about the Bank of Japan rate hike

USDJPY – Down Event to watch out for today: 14:30 EET. USD – GDP Volume Change USDJPY: The Japanese yen (JPY) is rising against its US counterpart during Wednesday’s Asian…

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Elliott waves analysis – GBP/USD. Pound intends to continue growing.

GBPUSD – Flat The situation developing in this currency pair does not quite fit the previously considered wave scenario, where the development of a horizontal triangle as wave [b] was…

Elliott waves analysis – EUR/USD. Probability of growth becomes very high.

EURUSD – Up The market decided to scare off, or if possible, knock out the maximum number of buyers who entered into trades at the very bottom. Instead of the…

Elliott waves analysis – USD/JPY. Expectations for the start of an impulsive decline remain.

USDJPY – Down The 61.8% level continues to bother the price. After an unsuccessful attempt to start a decline, it once again returned to the previously established local maximum. On…

Forex Fundamental Analysis – EUR/USD declines ahead of key economic data from the Eurozone

EURUSD – Up Events to watch out for today: 12:00 EET. EUR – GDP Volume Change 14:30 EET. USD – GDP Volume Change EURUSD: The Euro-dollar pair is losing ground…

Forex Fundamental Analysis – GBP/USD declines to 1.3010 in early Asian session on Wednesday

GBPUSD – Flat Event to watch out for today: 14:30 EET. USD – GDP Volume Change GBPUSD: The Pound-Dollar pair is weakening near 1.3010 despite the US Dollar (USD) consolidating…

Elliott waves analysis – GBP/USD. Price preparing for another wave of decline.

GBPUSD – Flat The situation over the past trading day for the pair under consideration changed slightly. The pound tried to grow, but after reaching a local maximum, it stopped…

Elliott waves analysis – EUR/USD. Time for active buying.

EURUSD – Up As expected, the trading week indeed began with buyers attempting to initiate an uptrend. The price has risen but has not yet overcome the local high. This…

Elliott waves analysis – USD/JPY. Time for sales approaching.

USDJPY – Down The assumption that the price would make one more attempt to rise and update the local maximum was fully confirmed. The value of the dollar against the…

Forex Fundamental Analysis – EUR/USD trades flat above 1.0800, traders expect new catalysts

EURUSD – Up An event to watch out for today: 16:00 EET. USD – CB Consumer Confidence EURUSD: The Euro-dollar pair is holding near 1.0810 amid consolidation in the US…

Forex Fundamental Analysis – Uncertainty around the US presidential election and geopolitical risks may support the dollar

GBPUSD – Flat An event to watch out for today: 16:00 EET. USD – CB Consumer Confidence GBPUSD: The Pound-Dollar pair is trading with small losses near 1.2970 on Tuesday…

Forex Fundamental Analysis – Political and monetary policy uncertainty in Japan is weighing on the Japanese yen

USDJPY – Down An event to watch out for today: 16:00 EET. USD – CB Consumer Confidence USDJPY: The Dollar-Yen pair is losing ground to the 152.95 level during the…

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Elliott waves analysis – GBP/USD. Continuing development of the correctional structure.

GBPUSD – Flat The final trading day of the past week saw the GBP/USD pair remaining largely unchanged in terms of price fluctuations. This supports the hypothesis that the previous…

Elliott waves analysis – EUR/USD. Impulsive rise within emerging correction.

EURUSD – Up The last word of the past trading week was still left to the sellers. Buyers failed to develop their local success, as a result, the price fell.…

Elliott waves analysis – USD/JPY. Final dollar rally expected.

USDJPY – Down As anticipated, the USD/JPY pair has shown no significant decline. Instead, buyers are eager to exploit the existing upward momentum. There is a strong desire among them…

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Forex Fundamental Analysis – Increased uncertainty around the Middle East and the US presidential election supports the US dollar

EURUSD – Up EURUSD: The Euro-dollar pair is holding near the 1.0790 mark in Asian trading hours on Monday after losses in the previous session. However, the pair may face…

Forex Fundamental Analysis – GBP/USD declines at the beginning of the new week amid strengthening of the US dollar

GBPUSD – Flat GBPUSD: The GBP/USD pair started the new week on a weaker note and is trading around 1.2960-1.2955. Spot prices, however, remain within striking distance of the lowest…

Forex Fundamental Analysis – Japanese yen declines, reacting to political developments after Sunday’s election

USDJPY – Down USDJPY: The Japanese yen (JPY) fell to a new three-month low against its U.S. counterpart during the Asian session on Monday after Japan’s longtime ruling party lost…

Forex Fundamental Analysis – The EUR/USD exchange rate has returned to 1.0800

EURUSD – Up EURUSD: On Thursday, the EUR/USD exchange rate made a partial recovery, rebounding by four-tenths of a percent to reach 1.0800. Despite a rebound at the end of…

Forex Fundamental Analysis – The GBP/USD exchange rate is showing signs of recovery despite a slight decline in the UK PMI index

GBPUSD – Flat GBPUSD: On Thursday, the GBP/USD pair made a recovery, rising by 0.4% as cable traders attempted to maintain the price above the 1.2900 mark. The UK Purchasing…

Forex Fundamental Analysis – In the context of the forthcoming Japanese general election, market participants are adopting a cautious approach, given the prevailing uncertainty

USDJPY – Down USDJPY: The Japanese yen (JPY) failed to capitalise on the previous day’s recovery move against its US counterpart, attracting fresh sellers during the Asian session on Friday.…

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