Forex Analysis
0Comments

EUR/USD Review – July 2

The EUR/USD currency pair continued to trade near its "bottom" on Wednesday, remaining in a downward trend for two consecutive months while preserving a global upward trend. As is often the case, the market ignored all macroeconomic releases of the day, and market volatility again remained weak.
by Jay
Forex Analysis
0Comments

GBP/USD Review – July 1

The GBP/USD currency pair also traded lower on Tuesday. It might be tempting to attribute this to another complication in the negotiation process between Iran and the US, but the dollar has been steadily rising for two months, with the last two weeks raising the most questions.
by Jay
Forex Analysis
0Comments

EUR/USD Review – July 1

The EUR/USD currency pair opened Tuesday with another drop. This decline was brief this time, but the euro once again failed to move upward. It is worth noting that the downward trend has been ongoing for two months and is part of a global upward trend that has persisted for four years.
by Jay
Forex Analysis
0Comments

GBP/USD Review – June 30

The GBP/USD currency pair attempted to bounce back from the "bottom" on Monday but was unsuccessful again. There were no significant events yesterday in the US or the UK, and the market has long ceased to react to geopolitical issues.
by Jay
Forex Analysis
0Comments

EUR/USD Review – June 30

The EUR/USD currency pair attempted to resume its upward move on Monday but failed again. Volatility on the first trading day of the week was virtually nonexistent, with no significant geopolitical, fundamental, or macroeconomic events.
by Jay