Having taken a deep dive into the recent FOMC minutes, I couldn't help but reflect on the broader global implications, particularly for our European counterpart, the Euro. U.S. Economic Pulse: The U.S. is showcasing commendable economic resilience, and typically, this would bolster the USD. Yet, the choice to keep the federal funds rate unchanged might just tip...
Weekly Prognosis for EUR/USD (July 10 - 14, 2023): Ascending, Descending, or Static? Drawing from the provided information and technical analysis, the forecast for the EUR/USD pair in the forthcoming week skews bullish. The technical signals, predominantly suggest a bullish trajectory, with the overview presenting a "Strong Buy" recommendation as of July 7,...
As we embark on a new week, the EUR/USD currency pair is poised for a bearish trend, a sentiment that is largely based on the price action observed in the past week and the upcoming economic events and forecasts. Last week, the EUR/USD pair experienced a significant downtrend, with the Euro losing ground against the US Dollar. The price action was characterized...
The EUR/USD pair experienced significant volatility during the London and New York sessions. During the London session, the pair depreciated significantly, a move that some traders might interpret as market manipulation. This depreciation could be attributed to a variety of factors, including the anticipation of key inflation data and the breaking of the 1.0860...
The EUR/USD pair is currently experiencing a slight uptick, trading at 1.0926. However, this minor increase of +0.0005 (+0.04%) does not necessarily indicate a bullish trend. In fact, the day's trading range has been relatively narrow, fluctuating between 1.0911 and 1.0947. A number of market participants are leaning towards a bearish outlook for the pair. They...
The EUR/USD pair is currently trading at 1.0926, with a slight increase of +0.0005 (+0.04%). The day's range has been between 1.0911 and 1.0947. There are mixed opinions among traders and analysts. Some expect the Euro to strengthen against the US Dollar, predicting levels around 1.1070 / 1.1100 by the end of the month. Others anticipate a continued downtrend,...
BTCUSD - View for the week - Target achieved as per last published calculations in chart.
BTCUSD - View for the week, short sentiment as per the attached chart.
The bearish tendency of the BTCUSD seems to be the key dominant for week.
Bitcoin (BTC/USD) remained volatile early in the Asian session as the pair attempted to extend the recovery from its recent sharp depreciation that saw significant market value eroded in short order.
WTI going to the Weekly Poc and Central Pivot Point. A picture tells a complete story!
Like I said nice concept, however would you care to explain what you mean by - "All signals are firmly anchored in the chart as soon as an outbreak happens."? (Beacuse on a close inspection of the signals that's not what happens upon breaks on either direction, if the signals repaint so the range to the respective breakout change and that's my single remark...
Like I said nice concept, however would you care to explain what you mean by - "All signals are firmly anchored in the chart as soon as an outbreak happens."? (Beacuse on a close inspection of the signals that's not what happens upon breaks on either direction, if the signals repaint so the range to the respective breakout change and that's my single remark...