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EUR/USD Review – October 1

The EUR/USD currency pair unexpectedly reversed upward on Wednesday, showing a modest rise. But even that rise surprised many traders, since the pair had been falling for three weeks in a row. The US currency's fall was driven by a speech by one of the Federal Reserve's FOMC members, John Williams.
by Jay
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EUR/USD Review – September 30

The EUR/USD pair continued to fall on Tuesday — what else would you expect? The market is so eager and hungry for further Federal Reserve tightening that it keeps buying the dollar even weeks after that factor has already been worked through.
by Jay
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GBP/USD Review – September 29

The GBP/USD pair also traded fairly calmly on Monday, as we expected given an absolutely empty economic calendar. In the EUR/USD article, we already noted that a range persists in the long term. For GBP/USD, that range is even more obvious if you open the weekly timeframe.
by Jay
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EUR/USD Review – September 29

The EUR/USD pair traded very calmly on Monday, as expected. Yet the market did not attempt to begin a bullish correction. The US dollar has risen for three consecutive weeks, which is a kind of record. During this time, we have not seen a single correction or even a pullback.
by Jay