GBP/USD trades near 1.2650 in European trading on Monday, reversing earlier gains as the US Dollar stabilizes after its recent decline. Despite this pullback, the downside remains limited as investors focus on upcoming speeches from Bank of England...
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...
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Market Analysis and Trading Recommendation Current Price Action The opening price is currently above the pivot level of 1.4874, which indicates a bullish trend in the market. This positioning suggests that buyers are in control, and there is...
EUR/USD struggled to sustain gains above 1.0500 in the European session on Monday, as a cautious market sentiment and mixed German IFO data limited upside momentum. While the pair found initial support from the German election results, broader...
