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A contradictory picture is forming simultaneously in both the geopolitical and macroeconomic contexts. For instance, the ISM Manufacturing Index supported the dollar, while Tuesday's Eurozone inflation data has bolstered...

The wave pattern on the 4-hour chart for EUR/USD has undergone some modification. There is still no indication that the upward trend segment (shown in the lower chart), which began...

Markets began factoring in the odds of conflict resolution in the Middle East since the ceasefire regime commenced in April. By the third decade of May, the chances for peace...

For the second consecutive week, EUR/USD has been attempting to reverse in favor of the euro and resume its upward movement in line with the bullish trend originating from Imbalance...

GBP/USD declined into Bullish Imbalance 18, reacted to this pattern, formed a Bullish Engulfing candlestick pattern, and then returned to Bearish Imbalance 19. Since then, the pair has been trading...