Company News – No swaps until the end of April!

  Last week, we improved the fixed spread on oil by half, but that’s not all. We are pleased to announce the cancellation of swaps on all trading accounts for…

Forex Fundamental Analysis – Euro slump

EURUSD – Up An event to look out for today: 15:30 GMT+3. USD – Change in retail trade volume EURUSD: EUR/USD rose to 1.0650 during the Asian session on Monday,…

Forex Fundamental Analysis – Pound attempts to strengthen in the Asian session

GBPUSD – Flat An event to look out for today: 15:30 GMT+3. USD – Change in retail trade volume GBPUSD: The GBPUSD pair is strengthening on the back of a…

Forex Fundamental Analysis – The dollar continues its triumphal march

USDJPY – Down An event to look out for today: 15:30 GMT+3. USD – Change in retail trade volume USDJPY: The Japanese Yen (JPY) came under renewed selling pressure on…

Elliott waves analysis – EUR/USD. Crossroads for the Euro.

EURUSD – Up The euro’s exchange rate against the dollar swiftly plummeted further, failing to complete a coherent zigzag correction. It only managed to halt the decline temporarily. Currently, it…

Elliott waves analysis – GBP/USD. Price in the Last Stage of Bearish Zigzag Development.

GBPUSD – Flat The developments for this currency pair seem to have unfolded as expected, except perhaps for a lack of sufficient activity from buyers. Ultimately, the price significantly dropped,…

Elliott waves analysis – USD/JPY. Dollar to Continue Rising. Unlike the European currencies, which have been significantly turbulent and swiftly losing their positions, the yen has not been subjected to this panic. Meanwhile, the dollar has been rising against it as well. The sc

USDJPY – Down Unlike the European currencies, which have been significantly turbulent and swiftly losing their positions, the yen has not been subjected to this panic. Meanwhile, the dollar has…

Forex Fundamental Analysis – ECB kept the interest rate unchanged

EURUSD – Up Events to watch out for today: 17:00 EET. USD – Consumer Sentiment Index from the University of Michigan 21:30 EET. USD – FOMC member Rafael Bostic will…

Forex Fundamental Analysis – UK in no hurry to cut interest rates

GBPUSD – Flat Events to watch out for today: 09:00 EET. GBP – Change in GDP volume 17:00 EET. USD – Consumer Sentiment Index from the University of Michigan 21:30…

Forex Fundamental Analysis – Bank of Japan remains silent on interest rates

USDJPY – Down Events to watch out for today: 17:00 EET. USD – Consumer Sentiment Index from the University of Michigan 21:30 EET. USD – FOMC member Rafael Bostic will…

Elliott waves analysis – EUR/USD. Corrective Rebound.

EURUSD – Up However, it’s noticeable that the euro is beginning to resist. The price occasionally rises before falling again. Currently, there’s another attempt to recover lost positions, and this…

Elliott waves analysis – GBP/USD. Correctional Growth Expected.

GBPUSD – Flat For the GBP/USD pair, there hasn’t been anything extraordinary happening recently. After dropping below the local minimum, the price found support and is now attempting to rebound…

Elliott waves analysis – USD/JPY. Continued Growth Expected.

USDJPY – Down After finally surpassing the resistance level, the price is beginning to consolidate at new levels. This may take some time, so expecting directional movement in the near…

Forex Fundamental Analysis – ECB plans to keep interest rates unchanged

EURUSD – Up Events to watch out for today: 15:15 EET. EUR – Publication of ECB key interest rate decision / Monetary Policy Report 15:30 EET. USD – Number of…

Forex Fundamental Analysis – The pound has taken a hit from the dollar

GBPUSD – Flat Events to watch out for today: 15:30 EET. USD – Number of initial applications for unemployment benefits / Producer price index 19:30 EET. GBP – Bank of…

Forex Fundamental Analysis – USDJPY bullish trend

USDJPY – Down Events to watch out for today: 15:30 EET. USD – Number of initial applications for unemployment benefits / Producer price index 20:30 EET. USD – FOMC member…

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Elliott waves analysis – EUR/USD. Calm after powerful activity.

EURUSD – Up The dollar seemed to have used its accumulated superpower to strengthen sharply, catching its opponents off guard. For this pair, we observed a steep dive, leading to…

Elliott waves analysis – GBP/USD. The calm after the storm.

GBPUSD – Flat The sudden strengthening of the dollar was unexpected for the British currency as well, whose rate plummeted and instantly recovered, then even went on to update the…

Elliott waves analysis – USD/JPY. The long-awaited breakthrough has occurred.

USDJPY – Down After a long wait, the breakthrough that had been brewing for a while finally happened. The dollar managed to surpass the resistance level and instantly updated the…

Company News – S&P 500 index continues to rise – up 9% since the beginning of the year!

    S&P 500, the key stock index comprising shares of the 500 largest publicly traded companies in the US, showed a growth of 23% in 2023, and has already…

Elliott waves analysis – EUR/USD. The beginning of a decline in the third impulse wave may be possible.

EURUSD – Up The Euro managed to slightly update the local minimum, and all this recent upward movement began to resemble a small impulse. It is quite possible that in…

Elliott waves analysis – GBP/USD. The beginning of an impulsive decline may be possible.

GBPUSD – Flat The situation with this pair is similar to what is currently observed with the EUR/USD pair. Here too, the formation of a diagonal triangle, possibly representing wave…

Elliott waves analysis – USD/JPY. No changes.

USDJPY – Down Throughout the last trading day, there were no significant events for this currency pair. It seems like the price is attempting to lull vigilance before unexpectedly activating.…

Forex Fundamental Analysis – ECB may leave interest rate unchanged

EURUSD – Up Events to watch out for today: 15:30 EET. USD – Consumer price index 21:00 EET. USD – Publication of the Fed meeting minutes EURUSD: On both sides…

Forex Fundamental Analysis – Markets predict a Bank of England rate cut

GBPUSD – Flat Events to watch out for today: 15:30 EET. USD – Consumer price index 21:00 EET. USD – Publication of the Fed meeting minutes GBPUSD: The GBP/USD pair…

Forex Fundamental Analysis – The unstable path of the Japanese yen

USDJPY – Down Events to watch out for today: 15:30 EET. USD – Consumer price index 21:00 EET. USD – Publication of the Fed meeting minutes USDJPY: The USD/JPY pair…

Elliott waves analysis – GBP/USD. Completing the formation of wave [b] growth.

GBPUSD – Flat The pound also decided not to delay what could be done now, taking advantage of the dollar’s confusion. As a result, we are currently observing the continuation…

Elliott waves analysis – EUR/USD. The rise within the zigzag is likely to continue.

EURUSD – Up The situation continues to evolve according to the previously considered wave scenario. The euro is cautiously rising, having reached a local resistance level set by the presumed…

Elliott waves analysis – USD/JPY. The previously considered scenario remains relevant.

USDJPY – Down Once again, nothing interesting occurred during the past trading day for the pair in question. The price tries to distract attention and lull observers into a false…