FX.co ★ Analytics cch27

The euro declined yesterday amid a sharp increase in demand for the US dollar and is currently trading near 1.1197. The pair was trading around 1.1270 yesterday morning...

Markets had expected Democrats' midterm wins to boost risk appetite. Instead, the S&P 500 and the Nasdaq Composite recorded their largest single-day market-cap declines in history. On the first...

The Elliott Wave structure of the 4-hour EUR/USD chart has become more complex. On the higher timeframe (bottom chart), the downward trend segment has taken the form of a five-wave...

Bitcoin continues to decline, and the current movement can already be considered another phase of the downtrend that began last year. This week, the market experienced another sharp decline, although...

The GBP/USD currency pair also traded lower on Thursday, although a further rise in the British pound would have seemed more logical. Yesterday, the Bank of England made the expected...

On Thursday, the EUR/USD currency pair once again failed to break above the 1.1261–1.1274 level and, consequently, exit the sideways channel and begin a logical and technically justified upward trend...

Since US government employment data is released on the first Friday of each month, the British pound could come under strong downward pressure if the NFPs are negative; hence, GBP/USD...

If the NASDAQ pulls back toward the 2/8 Murray level in the coming hours, it will be a buying opportunity, with a target of 28,125 (4/8). Conversely, this zone could...

From a technical perspective, if the Dow rebounds toward the 200-day exponential moving average (EMA), currently at 52,199, or toward the 3/8 Murray level, around 52,343, this will be seen...

The GBP/USD currency pair also remained largely unchanged throughout most of Thursday. However, it is worth noting that the euro and the pound have been trading very differently in recent...