Forex analysis review

The past week delivered a mix of conflicting signals for the British pound. The labor market is weakening, inflation is accelerating, and retail sales are disappointing—seemingly a recipe for currency pressure. However, the pound not only held its ground but also reached six-month highs against the dollar. This paradox can be explained: the movement was driven not by the poun...

The USD/JPY pair has spent three consecutive weeks without determining its direction. The pair continues to oscillate within a broad price range of 158.00–159.60, alternately bouncing off the boundaries of this corridor. The conflicting fundamental backdrop prevents traders from developing a sustainable price movement: "crosswinds" blow from both sides, as expectations of Ban...

The wave pattern on the four-hour EUR/USD chart is becoming more complex. There is still no question of invalidating the bullish trend segment (bottom chart) that began in January of last year. On the contrary, we have seen a complete A-B-C corrective structure, which has most likely been completed. We never saw a convincing Wave 5 within Wave C. This wave took a trunc...

On Tuesday, August 25, the economic calendar contains no major events, but that does not mean that important news cannot emerge during the day. Let's briefly review the most interesting events scheduled for Tuesday.

Tuesday's economic reports can broadly be divided into two categories: interesting and important. There are no releases in the second category. Germ...

The EUR/USD pair continues the upward move that began after two liquidity sweeps, marked on the chart by red lines. Imbalance 17 contained the bulls' advance for a long time and eventually became fully invalidated. Last week, two new imbalances—20 and 21—were also formed. Both are bullish. The nearest imbalance could theoretically generate a signal as early as today. I...