The pound, like the euro, failed to improve its position and strengthen. Instead, a reverse movement began, which is presumably part of a downward correction. There are also two possible corrective models for the pair...

The fierce battle between the dollar and the yen with sharply increased volatility is gradually subsiding. The Japanese currency is taking the initiative into its own hands, starting a bearish phase. It is likely that...

The British currency also failed to rise and establish a local maximum. Instead, the price went even lower. Likely, this marks the beginning of a correction of the formed upward impulse wave. If this is...

The price movement on the last trading day of the past week fully replicated the pattern indicated on the chart. There was a renewal of the local minimum and a touch of the upper boundary...

The price predictably continues to move upwards. The dollar confidently controls the situation, strengthening against the Japanese currency. However, this cannot go on indefinitely, and moreover, the current wave is presumably the final one in...