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…
Rubrika: Forex
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…
Elliott waves analysis – EUR/USD. Price is in a sideways range before the final downward push.
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…
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…