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The price test at 1.1597 coincided with a moment when the MACD indicator had moved significantly below the zero mark, limiting the pair's downward potential. For this reason...

New data regarding the agreement between the U.S. and Iran provided support for risk assets yesterday. A memorandum of understanding between the U.S. and Iran was leaked to the media...

On Tuesday, the EUR/USD pair returned to the 61.8% Fibonacci retracement level at 1.1578, rebounded from it, reversed in favor of the euro, and resumed its upward movement toward...

The EUR/USD currency pair began the new week higher, but this growth quickly ended. Traders, having experienced an hour of euphoria at the market open, quickly regained their composure...

The wave pattern on the 4-hour chart of EUR/USD has become relatively clear. There is still no indication that the upward trend segment (shown in the lower chart), which began...

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts...

Only the Canadian dollar trade was executed today using the Mean Reversion strategy. I did not trade anything via the Momentum strategy. The euro showed almost no reaction to today's...

The GBP/USD currency pair also traded slightly higher on Tuesday, despite the absence of important macroeconomic reports, geopolitical news, or fundamental events. However, the geopolitical backdrop changed last Thursday when...

There are a few macroeconomic reports scheduled for Wednesday, but one report stands out. It concerns the UK consumer price index for May. Recall that in the previous month, inflation...

The market pulled back on profit-taking in technology stocks. The Philadelphia Semiconductor Index and the Nasdaq Composite were among the hardest hit. Investors are gradually coming down from the euphoria...