Eurozone inflation falls, but core inflation still high. EURUSD technical analysis
Eurozone inflation once again lower than expected. After lower-than-expected readings from Spain, Germany, France (and also Italy), this is not a major surprise. However,...
EURUSD on the way to 1.1050. Thanksgiving Day on Thursday will slow the market.
From July to the end of September, the EURUSD pair moved in a downward trend, with the euro losing nearly 8% against the dollar....
Bearish engulfing patterns on EUR pairs
Today, the formations of engulfing-outside bars appeared on several currency pairs. On EURUSD and EURCAD these are bearish engulfings suggesting the end of an...
Market awaiting US inflation and ECB decision
This week the market is waiting for two important events. The first ( Wednesday 2:30 pm) is the level of inflation in the US,...
EURUSD in a bullish trend but a correction possible
Today during the US session we will learn data from the retail sales market ( 14:30). An increase from 0.3 to 0.5% m/m is...
What the central banks plan for the second half of 2023
We have entered the second half of 2023. Here is a brief overview of what the central banks of the world's major economies may...
Macro events of the first week of May 2023
The first week of May promises to be very interesting. Although Monday will not bring us much excitement due to the Labour Day celebrations...
EURUSD, USDCAD – trading opportunities for this week 17/2023
The beginning of the week is an opportunity to analyse the forex market more closely and look for opportunities for the new week. Today,...
EURUSD, GBPUSD, EURCAD – trading opportunities of the week
With the new week already underway, today will be brief but concrete - three different currency pairs and three trading opportunities. One picture is...
EURUSD – will the bullish engulfing pattern make euro stronger?
Since the end of September 2022, the euro-US dollar pair has been moving in an uptrend, which is basically a correction of the declines...
