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No macroeconomic publications are scheduled for Friday. Therefore, traders will once again have nothing to react to. Movements will again be purely technical for both currency pairs. Only geopolitical factors...

EUR/USD continues to trade slightly above the 100.0% Fibonacci retracement level at 1.1409. As a result, buyers retain the potential to extend the upward move toward the 76.4% Fibonacci level...

On the hourly chart, GBP/USD rebounded on Thursday from the 76.4% Fibonacci retracement level at 1.3382 and resumed its upward movement toward the 1.3454–1.3457 resistance level. A rebound from this...

The GBP/USD currency pair rose again on Thursday, despite no grounds for the move. Interestingly, during the period when the pound was falling every day, nearly all experts were proclaiming...

The test of the 161.68 level occurred when the MACD indicator was just beginning to move higher from the zero line, confirming a valid entry point for buying...

The less hawkish tone of the FOMC meeting minutes and hopes for a diplomatic resolution with Iran are putting pressure on the US dollar. At the same time, expectations...

The EUR/USD currency pair showed no interesting movements during trading on Thursday, and there were no significant macroeconomic reports or fundamental or geopolitical events throughout the day. Thus, traders...

The GBP/USD pair continued its upward movement on Thursday and persists in this trend into Friday. Thus, the British pound continues its essentially baseless rise, lacking local reasons. However, this...

The US dollar continues to lose ground, while the euro, pound, and other risk assets are quickly taking advantage of this. The reduction of tensions in the Middle East yesterday...

Meanwhile, demand for risk assets remains fairly resilient even though the question of a Fed rate hike by year-end has not gone away. Kevin Warsh has tasked five working groups...