Over the past few months, USDNOK traded within a wave 4 corrective phase. Price action has now turned lower again and is approaching prior lows, signaling the anticipated wave 5 decline. This move can...
The dollar index (DXY00 ) tumbled to a nearly 4-year low on Tuesday and finished down by -0.86%. The dollar retreated on Tuesday and has continued to be undercut as foreign investors pull capital from...
The dollar index (DXY00 ) slid to a 4.25-month low today and is down 0.79%. The dollar continued to be undercut by speculation that the US might coordinate FX intervention with Japan to boost the yen,...
The Fed fund futures forward curve indicates at least one rooster's feathers are going to get ruffled this week.
EURUSD is breaking higher from a wave IV triangle, signaling the start of projected wave V. The impulsive rise on the 4-hour chart suggests wave 3 is underway, pointing to further upside while allowing...
The dollar index (DXY00 ) on Monday fell to a new 4-month low and ended the day down nearly -0.6%. The dollar continued to be undercut by speculation that the US might coordinate FX intervention with Japan...
The dollar index (DXY00 ) today fell to a new 4-month low and is down -0.61%. The dollar is being undercut by speculation that the US might coordinate FX intervention with Japan to boost the yen, which...
AI-powered forex software helps traders navigate the complex, macro-driven foreign exchange market by organizing vast amounts of decentralized data into structured volatility and price patterns without...
Good morning, traders! We’ve seen huge volatility at the start of the week, so there’s a lot to cover today. Grega is away, so please be patient with the updates. Regarding the US dollar, we know where...
The dollar index (DXY00 ) on Friday tumbled to a 3.5-month low and finished down by -0.82%. Friday's yen strength undercut the dollar after the yen whipsawed from a 1-week low up to a 4-week high on speculation...