False breakdowns heralded a new leg higher. The middle line acts as a magnet and attracts the price. A breakout of 1.0664 signaled further growth. EUR/USD is trading in the…

UK inflation fell from 3.4% in February to 3.2% in March. Governor Bailey said the drop in inflation was in line with the central bank's forecasts. There is more caution…

The dollar retreated on Tuesday as investors paused after a sharp rally. The hawkish Fed noted that it has changed its outlook for a rate cut in the US. Recent…

Powell's speech gave no indication of when the rate cuts would begin. Bank of America has revised its outlook and expects the first Fed tapering in December or later. Inflation…

Bearish pressure remains high as long as it is below the median line. A new higher high activates a higher jump. The price action signaled an oversold. GBP/USD rallied today…

China's economy grew more than expected in the first quarter. Fed policymakers have played down expectations of a rate cut. Powell noted that the US economy needs restrictive policies a…

Retail sales and core retail sales in the US jumped in March. The probability of a Fed tapering in September rose to 46%. The data revealed a slight easing in…

Data on Monday revealed a stronger-than-expected 0.7 percent increase in U.S. retail sales. Fed policymakers gradually lost confidence in their progress toward reducing inflation. Japanese officials are continuing their verbal…

A fall to 1.06 was announced by exhausted sellers. Fundamentals should be decisive today. Taking 1.0665 activates a higher rally. EUR/USD is trading in the green at 1.0640 at the…

Bottom pressure remains high as DKSI is bullish. The lower middle line stands as a dynamic support. New false failures can herald overselling. EUR/USD fell to 1.0622 on Friday, registering…