EUR/USD – September 11: ECB Decision and Market Reaction
On Thursday, EUR/USD reversed in favor of the US dollar and consolidated below the 100.0% retracement level at 1.1620. This is already the fifth or sixth close below or above.
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GBP/USD – Smart Money Analysis: US Inflation Is Likely to Accelerate in August
The GBP/USD pair has lost its bullish momentum, and at present the chart suggests that the pound may continue to decline. Yesterday and today, the price reacted to bearish imbalance.
EUR/USD – Smart Money Analysis: Bulls Resume Their Upward Move
The EUR/USD pair declined for six days, but this week the bulls have strong reasons to launch a new advance. The pair remained virtually unchanged for seven full days.
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GBP/USD – September 9: Andrew Bailey Sees No Basis for Monetary Policy Tightening
On the hourly chart, GBP/USD returned to the 100.0% retracement level at 1.3556 on Tuesday. Today, a rebound from the 1.3556 level would favor the US dollar and some decline.
GBP/USD – September 8: The Pound Remains Directionless Without Clear Signals
On the hourly chart, the GBP/USD pair continued its upward move on Monday toward the 100.0% retracement level at 1.3556. It failed to reach this level, so no signal.
GBP/USD – Smart Money Analysis: The Pound Weakens, While the Euro May Provide Support
The GBP/USD pair has lost its bullish momentum, but the bullish advance cannot yet be considered complete. In my view, the pound's salvation lies in the hands of the euro.
EUR/USD – Smart Money Analysis: An Unexpected Development
The EUR/USD pair had been declining for six days, but the bears' advance has now come to an end. For five full days, the US dollar has been unable.
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