Analysis of Recent Market Movements and Speculation on Fed's Rate Cuts: The currency pair experienced a remarkable surge to 157.10 during Friday's European session, reflecting substantial market movements. However, the asset quickly retraced its...
Last week, on the weekly chart of the euro, the JPY price continued to rise. First, it tested the support at 169.77, rolled back from it, and the week closed above 169.77. For this reason, last week I gave priority to growth towards the resistance...
Exploring GBP/USD Price Action: Insights and Strategic Adjustments: Our focal point today revolves around a comprehensive analysis of the GBP/USD currency pair's price dynamics, offering insights into the prevailing market conditions and strategic...
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The price action for this week's trading commenced with a notable upward gap, a promising indicator for bullish sentiment. However, shortly after, it retraced to close the gap, demonstrating a potential shift in momentum. Despite this initial...