GBPUSD – The Situation for the Pair Remains Unclear

14.08.2024
While the rise in the euro was expected, the situation with the British pound raised certain doubts, as the anticipated correction in wave 2 looked unclear and unsightly. However, the price surge during yesterday's trading...
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EURUSD – Beginning of the Third Wave of the Upward Impulse

12.08.2024
The situation continues to develop within the previously considered scenario. After a corrective decline, which forms a zigzag pattern, the euro is attempting to rise again. This may be due to the development of wave...
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USDJPY – Possible Resumption of Decline

09.08.2024
As expected, activity in the observed trading pair has started to decrease. Price movements have become minor, and no significant price levels have been updated. It is likely that a correction, forming wave 4, has...
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EURUSD – The Dollar Will Attempt to Give a Worthy Response to the Euro

05.08.2024
The final trading day of the past week was very active for the considered trading pair. The euro significantly rose against the dollar, covering the distance of a two-week correction in just one day. It...
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USDJPY – Bearish Momentum Continues to Develop

02.08.2024
During the past trading day, no significant changes occurred. After a fairly active decline, the market entered a relative lull, likely due to the development of corrective wave 4. If this is indeed the case,...
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