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Based on my analysis of the EUR/JPY currency pair, I observe a clear downward trend on the medium-term H4 timeframe. The price is currently trading below the Gann SSL indicator line, which confirms the bearish sentiment. Similarly, on the M30...
The EUR/USD pair retraced its intraday gains after reaching a one-month high near 1.0530, declining to around 1.0460 during Monday’s North American session. The pullback came as the US Dollar (USD) rebounded strongly, defying weak US flash SP Global...
D1 period chart - EURJPY currency pair. As you can see, the price is pressed down along the general downward trend. Here, the wave structure is still descending. After the last wave of decline updated the minimum of the previous one, the third wave...
EURUSD Analysis The EUR/USD pair continues to struggle to stay above the psychological level of 1.0500. The pair briefly broke this level today, but was unable to maintain its momentum and fell below the January high of 1.0532. The recent decline...
