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Markets had expected Democrats' midterm wins to boost risk appetite. Instead, the S&P 500 and the Nasdaq Composite recorded their largest single-day market-cap declines in history. On the first...

Thursday's Trade Analysis: 1H chart of EUR/USD. On Thursday, the EUR/USD currency pair once again failed to break above the 1.1267 level, which serves as the upper boundary...

On Thursday, the EUR/USD currency pair once again failed to break above the 1.1261–1.1274 level and, consequently, exit the sideways channel and begin a logical and technically justified upward trend...

The test of the 1.1228 price level occurred when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling the euro...

The euro declined yesterday amid a sharp increase in demand for the US dollar and is currently trading near 1.1197. The pair was trading around 1.1270 yesterday morning...

Since US government employment data is released on the first Friday of each month, the British pound could come under strong downward pressure if the NFPs are negative; hence, GBP/USD...

Thursday's Trade Analysis: 1H chart of GBP/USD. The GBP/USD pair failed to extend its upward movement on Thursday, despite having every reason to do so. Yesterday, the Bank of England...

The Elliott Wave structure of the 4-hour EUR/USD chart has become more complex. On the higher timeframe (bottom chart), the downward trend segment has taken the form of a five-wave...

The EUR/USD currency pair traded in both directions throughout Thursday, as traders failed to reach a consensus on how to interpret the results of the US elections...

The GBP/USD currency pair also remained largely unchanged throughout most of Thursday. However, it is worth noting that the euro and the pound have been trading very differently in recent...