Forecast

EUR/USD: Fed rate Divination Continues ● The dollar seems to be either weakening or not. On the one hand, the DXY dollar index updated a two-month low on April 4, falling below the support of 101.50, and EUR/USD rose to a new…

British Pound Q2 2023 Technical Forecast: Recommended by Nick Cawley How to Trade GBP/USD The British Pound's technical outlook is neutral with the UK currency likely to be relatively stable to marginally…

Share: GBP/USD faces strong resistance at around 1.2500 and retraces due to risk aversion as investors…

EUR/USD: Why the Dollar Fell ● Last week passed without sharp jumps. The dollar continued to fall in price, and EUR/USD returned by March 30 to where it was traded seven days before. The local maximum was fixed at 1.0925, and…

Share: The GBP/USD is rallying sharply after the US Federal Reserve raised rates by 25 bps. Federal…

EUR/USD: ECB Not Fazed by Banking Crisis ● The past week was marked by a large black candle when EUR/USD plummeted from 1.0759 to 1.0515. And this happened not on Thursday, March 16, when the ECB made a decision on the…

The fractal structure of the chart with a time frame of 1 year. You can see the forecast of the dynamics of the ruble quotes made a year ago here. As of 03/10/2023, it can be assumed that in the fractal structure of the…

EUR/USD: USA Labor Market Stops USD ● Jerome Powell played on the dollar side last week. Of course, the Fed Chairman knew that markets expected an interest rate increase of 25 basis points (bps) from the next FOMC (Federal…

EUR/USD: Pause in the 1.0600 Zone ● On Thursday, March 02, the DXY dollar index broke again through the bar at 105.00 points but could not stay there. As usual, the dollar was supported by an increase in US government bond…

Share: GBP/USD Price Analysis: Pullback from 1.2110 resistance confluence lures Cable bears GBP/USD holds…