Forex analysis review

The wave pattern on the 4-hour chart for EUR/USD has changed somewhat. There is still no talk of canceling the upward trend segment (lower image), which began in January of last year, but the trend's wave structure now looks highly ambiguous. In situations like this, I always recommend switching to a lower timeframe (upper image) and analyzing the simplest and smallest...

The British pound is trading around 1.3532, above the 200-day EMA and within the uptrend channel that has formed since early April. The chart shows that the pound sterling is seeking key support levels, which we believe could lead to a technical rebound in the coming hours.

If the British pound consolidates within the trend channel around 1.3500 and continues to ...

ETH/USD is trading around $2,303, above the 21-day SMA and the 200-day EMA, showing a technical rebound but also signs of exhaustion. ETH is trading within a range of $2,435 to $2,200.

According to the H4 chart, we can see that Ethereum is within a bearish trend channel formed since April 15. If the price falls below $2,300, it could continue its downward moveme...

Bullish oil prospects, a stabilizing labor market, and a pick-up in US inflation — what more is needed to strengthen the greenback? The US dollar should benefit from high demand as a safe?haven asset due to the conflict in the Middle East. Indeed, the US is a net exporter of energy products. The strength of the US economy allows the Federal Reserve to consider rate hikes. Yet...

On Wednesday, gold (XAU/USD) is showing moderately negative dynamics, attempting to hold above the psychological $4,700 level, though without clear dominance from sellers. US inflation data published on Tuesday exceeded market expectations and strengthened investor confidence in further monetary tightening by the Federal Reserve. At the same time, ongoing geopolitical ...