Elliott waves analysis – EUR/USD. Attempting to Form an Initial Diagonal Triangle.

EURUSD – Up It seems that the euro is not willing to retreat further. Having managed to hold its ground and break through to the zone canceling the impulsive structure,…

Elliott waves analysis – GBP/USD. A Small Correction is Expected.

GBPUSD – Flat The trading pair is moving according to the previously considered scenario. The British currency has risen against the dollar, likely forming an initial upward impulse. In this…

Elliott waves analysis – USD/JPY. Buyers May Begin to Slow Down.

USDJPY – Down As expected, the price continues its upward movement. The dollar confidently controls the situation, strengthening against the Japanese currency. However, this cannot continue indefinitely, and moreover, the…

Elliott waves analysis – USD/JPY. Buyers May Begin to Slow Down.

EURUSD – Up As expected, the price continues its upward movement. The dollar confidently controls the situation, strengthening against the Japanese currency. However, this cannot continue indefinitely, and moreover, the…

Forex Fundamental Analysis – EUR/USD recovery

EURUSD – Up Event to watch out for today: 15:30 GMT+3. USD – Core PCE Price Index EURUSD: The EUR/USD saw some jitters on Thursday and is near 1.0730 in…

Forex Fundamental Analysis – The pound got a boost

GBPUSD – Flat Event to watch out for today: 15:30 GMT+3. USD – Core PCE Price Index GBPUSD: The GBP/USD pair is trading on a weak note around 1.2502 in…

Forex Fundamental Analysis – The Japanese yen is losing ground

USDJPY – Down Event to watch out for today: 15:30 GMT+3. USD – Core PCE Price Index USDJPY: The Japanese yen (JPY) languishes near multi-decade lows against its US counterpart…

Elliott waves analysis – GBP/USD. Price Prepares for a Bullish Impulse.

GBPUSD – Flat The situation is currently unfolding according to the previously considered scenario. The pound is attempting to recover and has partially achieved its goal by halting further decline…

Elliott waves analysis – USD/JPY. The Price Continues to Rise.

USDJPY – Down The assumption of further upward movement is being confirmed. The dollar’s price is gradually but steadily moving in the direction favorable for buyers, quickly surpassing previous highs.…

Forex Fundamental Analysis – US GDP data will determine EUR/USD direction

EURUSD – Up Event to watch out for today: 15:30 GMT+3. USD – GDP volume change for the quarter EURUSD: The Euro-dollar pair is holding near the psychological 1.0700 level…

Forex Fundamental Analysis – The pound is trying to recover

GBPUSD – Flat Event to watch out for today: 15:30 GMT+3. USD – GDP volume change for the quarter GBPUSD: GBP/USD broke its two-day winning streak near 1.2460 amid moderate…

Forex Fundamental Analysis – Bank of Japan policy undermines the yen

USDJPY – Down Event to watch out for today: 15:30 GMT+3. USD – GDP volume change for the quarter USDJPY: The Dollar-Yen pair has broken out of a prolonged consolidation.…

Company News – Changes in trading schedule for #ASX on April 26

Dear clients, On April 26 Australia celebrates Anzac Day. Thus, the CFD trading on the index ASX will be opened at 10:10 EEST (as per company’s trading server time). Please…

Elliott waves analysis – EUR/USD. Formation of the Fourth Wave of the Downward Impulse Continues.

EURUSD – Up The scenario involving a possible correction in wave 4 remains relevant. Volatility is reduced, confirming the formation of a corrective structure. Most likely, today’s trading session, like…

Forex Fundamental Analysis – Weak data from the US

EURUSD – Up Events to watch out for today: 15:30 GMT+3. USD – Change in durable goods orders EURUSD: The Euro-dollar pair held above the psychological barrier of 1.0700 in…

Forex Fundamental Analysis – Bank of England supports the pound

GBPUSD – Flat Events to watch out for today: 15:30 GMT+3. USD – Change in durable goods orders GBPUSD: The Pound-Dollar pair is recovering to 1.2450 on Wednesday during the…

Forex Fundamental Analysis – Japanese yen awaiting data

USDJPY – Down Events to watch out for today: 15:30 GMT+3. USD – Change in durable goods orders USDJPY: The Japanese Yen (JPY) continues to struggle to make a significant…

Elliott waves analysis – EUR/USD. The Dollar May Once Again Exert Pressure on the Euro.

EURUSD – Up The situation is developing according to the expected scenario. The euro has slightly risen, but for now, this movement is considered part of corrective wave 4. It’s…

Elliott waves analysis – GBP/USD. Is the Pound Preparing for an Impulsive Rally?

GBPUSD – Flat The situation regarding the GBP/USD pair is currently unfolding according to the previously considered scenario. Buyers have overcome the pressure from the dollar and managed a successful…

Elliott waves analysis – USD/JPY. The Price Pauses Before Further Advancement.

USDJPY – Down Today’s trading session for the USD/JPY pair is characterized by such low activity that it may seem like trading this instrument has come to a halt. The…

Forex Fundamental Analysis – EUR/USD failed to continue its growth

EURUSD – Up Event to watch out for today: 11:00 GMT+3. EUR – Composite PMI 16:45 GMT+3. USD – Composite PMI EURUSD: The Euro-dollar pair is trading near 1.0650 after…

Forex Fundamental Analysis – A headwind for the British Pound

GBPUSD – Flat Event to watch out for today: 11:30 GMT+3. GBP – Composite PMI 16:45 GMT+3. USD – Composite PMI GBPUSD: The Pound-Dollar pair remains on the defensive near…

Forex Fundamental Analysis – Attempted recovery of the Japanese Yen

USDJPY – Down Event to watch out for today: 16:45 GMT+3. USD – Composite PMI USDJPY: The Japanese yen (JPY) rises against its US counterpart during Tuesday’s Asian session and…

Elliott waves analysis – EUR/USD. Correction in the Fourth Wave Continues.

EURUSD – Up As anticipated, the situation has begun to stabilize. Activity from both sides has decreased, and the price is increasingly consolidating within a specific range. This pattern likely…

Elliott waves analysis – GBP/USD. Beginning of an Upside Impulse Development.

GBPUSD – Flat During the recent trading session, the pound, under pressure from the dollar, experienced another decline, establishing a new local minimum. It appears highly likely that this was…

Elliott waves analysis – USD/JPY. The Situation Remains Unchanged.

USDJPY – Down Another trading day for the USD/JPY pair passed in a calm atmosphere. The dollar failed to continue its triumphant march to new highs, leaving the exchange rate…

Forex Fundamental Analysis – EUR/USD is rising

EURUSD – Up EURUSD: The Euro-dollar pair traded on a stronger note near 1.0665 during the early Asian session on Monday. However, the pair’s gains may be limited due to…

Forex Fundamental Analysis – Pound attempts to strengthen

GBPUSD – Flat GBPUSD: The GBP/USD pair is showing a modest recovery from the 1.2365-1.2360 area, or the lowest level since November 14, reached during Monday’s Asian session, and so…

Forex Fundamental Analysis – Bank of Japan uncertainty undermines the yen

USDJPY – Down USDJPY: The Japanese Yen (JPY) starts the new week on a subdued note and remains near multi-decade lows against its US counterpart during the Asian session. Uncertainty…

Elliott waves analysis – EUR/USD. Formation of Correction Wave 4.

EURUSD – Up The price refuses to continue its decline, indicating a temporary ceasefire between opposing forces. In this case, we can expect a sideways movement, which could be quite…