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The EUR/USD currency pair plunged again on Wednesday but recovered in the second half of the day, offering hope for a brighter future. Yesterday, the US dollar rose again...

The EUR/USD currency pair eased slightly on Wednesday, then resumed its decline. Market moves have been fairly weak over the past week, but on Wednesday the price happily collapsed following...

On Wednesday, the EUR/USD pair reversed in favor of the euro and recovered toward the 127.2% Fibonacci retracement level at 1.1220. A rebound from this level today would bring...

"We are waiting for American warships to approach the entrance to the Strait of Hormuz so that we can sink them." Tensions in the Strait of Hormuz have boiled over...

A price test at 1.1186 occurred as the MACD indicator began moving down from the zero line, confirming a valid entry point to sell the euro. As a result...

The wave count on the four-hour EUR/USD chart has become more complex. On the higher time frame (bottom chart), the downward trend segment has taken the form of a five-wave...

Rising inflation in the United States has revived discussion about the possibility of interest rate hikes this month. Financial markets were caught off guard by US consumer inflation data, which...

The daily timeframe chart for Gold (GOLD) shows price action confined to a corrective downward path, following a negative reversal from a peak near the second monthly resistance level (Monthly...

Chicago Fed President Austan Goolsbee said yesterday that the US inflation report, which showed broad-based price pressures in September, was concerning. He also warned that the construction of infrastructure...

The GBP/USD pair plunged like a stone on Wednesday for no apparent reason. Yet overnight, the pound, along with the euro, recovered more strongly than it fell yesterday. Thus...