EUR/USD: Short-term rise and bearish outlook. Markets eye Fed meetingTraders are showing a renewed appetite for the euro at the start of this week. However, it is essential to remain cautious. The... Read more >>
EUR/USD: The euro falls after hawkish ECB surpriseThe European Central Bank surprised market participants by raising interest rates by 25 basis points. We must pay tribute to the ECB – it hasn't... Read more >>
Trading Signal for GOLD (XAU/USD) on September 12-13, 2023: buy above $1,919 (3/8 Murray - 21 SMA)Early in the European session, gold (XAU/USD) is trading around 1,923.19, above the 3/8 Murray, and... Read more >>
The euro could be heading down for a long timeThe euro kicked off the new week with some negative traction. In previous articles, I've already drawn your attention to the statements of some members... Read more >>
The most interesting events this weekThe previous trading week was filled with important events and reports. When looking at the range and movements of both instruments, one might wonder: why was it... Read more >>
Growth in yields and stable inflation suggest further rate hikes. USD, EUR, GBP ReviewThe net short position in USD grew by $490 million to -$16.272 billion over the reporting week after a strong... Read more >>
EUR/USD. Weekly preview. US retail sales, Fed minutes, ZEW indicesOver the course of the first two weeks of August, the EUR/USD pair has failed to establish a clear direction. Despite prevailing... Read more >>
The global economy is slowing down, risk appetite is decreasing, and the USS is experiencing increased demand. Overview of USD, CAD, JPYActivity in the currency market remains subdued in the absence... Read more >>
The Bank of England will raise interest rates in SeptemberThe week ended quite predictably for both instruments, but the wave analysis suggests that it is quite challenging to predict what lies... Read more >>
US dollar comes on top as euro lags behindThe American currency has once again taken the lead, pushing the European currency to the sidelines. The dollar was boosted by strong US consumer confidence... Read more >>
The global recession is getting closer. USD, EUR, GBP overviewCFTC data reflects a significant deterioration in sentiment towards the US dollar. The overall short position on the USD increased by... Read more >>
Intriguing trends in the US stock market: Dow Jones confidently grows by 0.47%, but what awaits other indices?Shares of Johnson & Johnson became the real stars of the day, gaining 6.07%, closing at... Read more >>
EUR/USD and GBP/USD: Trading plan for beginners on July 10, 2023Details of the economic calendar on July 7U.S. labor market continues to show strength. Statistical data on the U.S. labor market... Read more >>
Pressure on the dollar may intensify. USD, CAD, JPY overviewThe highly anticipated speech of Fed Chair Powell in the House of Representatives did not bring any new information. Powell justified the... Read more >>
Is the FOMC being overly cautious? Powell's speechesThe dollar is going through difficult times, and it is pretty clear to everyone. However, there's a good chance of improving its situation in the... Read more >>
USD gains momentum following FOMC meetingThe US dollar has rallied robustly following the Federal Reserve's latest FOMC meeting, outpacing its European counterpart. USD found its wings, soaring on... Read more >>
The Fed and the ECB will provide new guidance to the markets. Overview of USD, EUR, GBPThis week, several of the largest central banks will start monetary policy deliberations following the recent... Read more >>
Hot forecast for EUR/USD on June 9, 2023It seems that the market is simply tired of the excessive overbought condition of the dollar, and investors initiated a sell-off, even despite fairly good US... Read more >>
Changes to the trading schedule – June 2023Dear traders,We’d like to inform you that due to public holidays celebrated in June, there will be changes to the trading schedule.Please refer to the table... Read more >>
Hot forecast for GBP/USD on 02/05/2023Yesterday, the pound showed impressive growth. Similarly, the euro also showed significant gains. Considering that there was no macro data from the UK, unlike... Read more >>
Positive news contributes to an increase in risk demand, and the dollar braces to strengthen. USD, EUR, GBP overview.The main news of the weekend was the agreement on the US debt limit, which may... Read more >>
No progress in the negotiations on the U.S. debt ceiling. Markets are getting more nervous. Overview of USD, CAD, JPYU.S. stock markets are down for the second straight day without any sign of an... Read more >>
Gold's rally pauses, with new surge on horizonGold's upward momentum has paused after this week's mixed performance. However, analysts remain optimistic and believe that gold will surge to new highs.... Read more >>
Hot forecast for GBP/USD on 23/05/2023Throughout Monday, the pound was mostly stagnant, and this won't last for long, so the market will definitely come alive today. Especially since preliminary PMIs... Read more >>
EUR/USD. Week Preview. Buckle up, price turbulence expectedThe EUR/USD pair failed to consolidate within the 7th figure by the end of the past week: at the end of Friday, EUR/USD bulls organized a... Read more >>
