Forex Analysis
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EUR/USD Review – July 14

The EUR/USD pair has effectively remained stagnant since the Friday before last, trading within the range of 1.1391-1.1461. This means we are dealing with yet another low-volatility flat. As a result, it can now be stated unequivocally that the fundamentals, macroeconomics, and geopolitics are either being ignored or are absent.
by Jay
Forex Analysis
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GBP/USD Review – July 10

The GBP/USD currency pair rose again on Thursday, despite no grounds for the move. Interestingly, during the period when the pound was falling every day, nearly all experts were proclaiming a political crisis, a hawkish stance from the Federal Reserve regarding monetary policy, the weakness of the British economy, and uncertain economic prospects.
by Jay
Forex Analysis
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EUR/USD Review – July 10

The EUR/USD currency pair once again failed to impress with its movements on Thursday. The illustration below clearly shows that since last Friday, the pair has struggled to move more than 40 pips in a day. What further confirmation is needed to demonstrate that the market is ignoring incoming news?
by Jay
Forex Analysis
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GBP/USD Review – July 9

The GBP/USD currency pair saw a slight decline on Wednesday amid escalating geopolitical conflict in the Middle East. However, by the second half of the day, the rise of the U.S. dollar ceased, clearly demonstrating the market's level of belief in any events occurring in the Middle East.
by Jay
Forex Analysis
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EUR/USD Review – July 9

The EUR/USD currency pair traded again with low volatility and a slight downward bias on Wednesday. Over the past few days, the euro has been sliding down like a sled on a snowy mountain, pushing its feet into the snow. The force of gravity pulls the euro down, but it is resisting with all its might.
by Jay