BofA warns of extreme dollar bearishness despite maintaining bearish stance

Is the tide about to turn for EUR/USD? The dollar’s recent selloff is pulling the pair closer to the neckline of a classic reversal pattern on its daily chart! Better keep your eyes on this potential resistance breakout. EUR/USD Daily Forex Chart by TradingView This forex pair has made a couple of failed attempts to…

2026.03.05 2026.03.05 What is Fundamental Analysis in Forex Trading? Michael Hypovhttps://www.litefinance.org/blog/authors/mikhail-hypov/ Fundamental analysis is an approach that primarily examines economic and political indicators of a country, an industry, or a specific company. Unlike technical analysis, it does not focus on charts or price patterns. The goal of a fundamental analyst is to identify cause-and-effect relationships…

One of the more important themes we have discussed before is the need for traders (especially the newbies) to focus on the process rather than the profits. The idea is that a good, disciplined trader could always turn the odds in his favor if he has honed his skills enough to deal with whatever scenario…