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EUR/USD Review – August 12

The EUR/USD currency pair retreated slightly from the highs reached earlier in the week, but overall traded rather ambiguously over the first two days of the week. On the one hand, a correction after a fairly strong rise is natural.
by Jay
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EUR/USD Review – August 11

The EUR/USD currency pair traded slightly lower on Monday, which, on the one hand, does not contradict the overall technical picture, while, on the other hand, seems strange, as the market currently has every reason to continue selling the dollar.
by Jay
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GBP/USD Review – August 10

The GBP/USD currency pair also showed an upward movement on Friday, but it was quite weak. The volatility was only 74 pips, which is extremely low for such an important day and important data. Recall that on Friday, the impactful and disappointing Non-Farm Payroll report was released.
by Jay
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EUR/USD Review – August 10

The EUR/USD currency pair showed a fairly decent rise on Friday, although it could have been much stronger. Not just "could," but "should." The reason is that the Non-Farm Payroll report is no longer just an important report; it will determine the fate of the Federal Reserve's monetary policy in the near future.
by Jay