Forex Analysis
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GBP/USD Review – September 7

The GBP/USD currency pair on Friday failed to show either volatility or interesting moves. The Nonfarm Payrolls report "didn't work." Traders expected a significant move in either direction and answers on Federal Reserve monetary policy. In practice, nothing of the sort happened: no answers, no moves.
by Jay
Forex Analysis
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EUR/USD Review – September 7

The EUR/USD currency pair showed slightly higher volatility on Friday than earlier in the week. However, look at the volatility chart: Thursday moved 47 pips, Wednesday 43 pips, and Friday, with its Nonfarm Payrolls and unemployment, 58 pips.
by Jay
Forex Analysis
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GBP/USD Review – September 4

The GBP/USD currency pair remained in decline on Thursday, which, in our view, is a banal technical correction. We believe there were no reasons (especially this week) for the US currency to rise. Moreover, there were none even last Friday.
by Jay
Forex Analysis
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EUR/USD Review – September 4

The EUR/USD currency pair managed to recover slightly on Thursday after a two-week decline, which itself was a correction against a month-long rise. Thus the underlying uptrend that began in late July effectively remains intact.
by Jay
Forex Analysis
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GBP/USD Review – September 3

The GBP/USD currency pair continued moving south on Wednesday. The worst part of this move is that, in the near term, the British pound could again fall toward the 1.3200 area for no obvious reason. This article is not about local macro releases that do not affect the overall trend.
by Jay