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Today, only the euro was effectively traded using the Mean Reversion strategy. Through the Momentum strategy, I traded the Japanese yen, which continued to recover its positions against the dollar.
After two days of the sharpest decline in the euro and the pound, strong data on activity in the services sector of the eurozone and the United Kingdom restored demand...
The EUR/USD pair is showing limited ability to build on yesterday's rebound from the 1.1530 level — the lowest level seen since November 2025 — and on Wednesday continues to decline for the third consecutive day. Spot quotes have fallen below the 1.1600 level today, remaining under pressure and vulnerable to further losses.
The lack of signs of de-escalation in t...
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During Tuesday, the EUR/USD pair declined to the 100.0% Fibonacci retracement level at 1.1577 and rebounded from it twice. Thus, a reversal in favor of the European currency and some growth toward the 76.4% Fibonacci level at 1.1696 may occur. A consolidation below 1.1577 would work in favor of the US dollar and the continuation of the decline toward the next corrective level...
On the hourly chart, the GBP/USD pair continued its decline on Tuesday and consolidated below the 1.3341–1.3352 support level based on the new Fibonacci grid. Thus, the downward movement may continue toward the 1.3199–1.3214 support level. A consolidation above the 1.3341–1.3352 level would work in favor of the British pound and allow for some growth toward the 1.3437–1.3465 ...