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The EUR/USD currency pair unexpectedly soared on Friday. However, it cannot be said that volatility was off the charts that day; rather, it was only 60 pips, which is quite...

The EUR/USD currency pair returned to 1.1584 on Friday and, overall, retains an upward trend. We have repeatedly listed a whole range of factors supporting the euro and acting against...

On the hourly chart, GBP/USD rose to the 100.0% retracement level at 1.3557 on Friday. Today, Monday, consolidation above this level would suggest a continuation of the rise toward...

On Friday, EUR/USD consolidated above the 76.4% retracement level at 1.1551 and continues to rise toward the next retracement level of 100.0% at 1.1620. A rejection from this level would...

August 17 marks the day when the Memorandum of Understanding between the US and Iran expires. It is evident to all market participants that this document has long lost...

The EUR/USD currency pair resumed its upward movement on Friday, August 14. Throughout the day, the US dollar lost approximately 50-60 pips and continued to slide down slowly. There...

No macroeconomic publications are scheduled for Monday. Thus, there will be few drivers for movement today. Most likely, we are in for a "boring Monday" with minimal volatility. The euro...

There was no testing of the levels I indicated on Friday. The weak retail report weighed on the dollar, as U.S. sales fell 0.6% in July, marking the worst dynamics...

There was no testing of the levels I indicated on Friday. The disappointing retail sales report set the tone for trading and weakened the dollar. Sales in the U.S. fell...

The price test at 159.15 occurred when the MACD indicator had moved significantly above the zero mark, limiting the pair's upward potential. Despite the dollar coming under pressure from...