Forex analysis review

The 4-hour wave structure for EUR/USD is becoming more complex. There is still no question of invalidating the upward trend segment (lower chart) that began in January last year. On the contrary, we have seen a complete A-B-C corrective structure, which has most likely ended. We never saw wave 5 of C develop. More precisely, this wave took a truncated form, which also ...

The US economy continues to grow, the labor market remains resilient, and the dollar is weakening—as if it were ignoring the positive developments. This paradox has concerned the Forex market more over the past month than any macroeconomic data.

Following the Fed's July meeting, the greenback lost ground. Kevin Warsh's press conference convinced markets that the central...

EUR/USD continues to trade within the 1.1520–1.1570 price range, whose boundaries correspond to the lower and upper Bollinger Bands on the H4 timeframe. Traders cannot determine the pair's next direction amid conflicting fundamental factors. On one side are macroeconomic reports (NFP, CPI, and PPI), which have weakened the position of dollar bulls and, consequently, sellers o...

The market is paying no attention to negative labor-market data or the continued slowdown in inflation in the United States. It is now "hoping" for the Personal Consumption Expenditures (PCE) Price Index report, believing that a rise in the index could become an argument in favor of an interest-rate hike in September.

Overall, an interesting situation has developed in t...

Today, Friday, EUR/USD is attracting buyers as it continues its recovery above the 100-day SMA. Current spot prices are attempting to break out of the two-week range. Nevertheless, mixed signals remain in the market.

The U.S. Producer Price Index report released on Thursday fell short of expectations and, together with the weak Consumer Price Index figures, point...