EUR/USD: Key Patterns and Signals The price action analysis of the EUR/USD currency pair is what we will be discussing today. If we open without a gap and the opening price is around the indicated level, we can anticipate the following sequence of...
The trend is a global downtrend, but corrections are a natural part of any market movement. A proper correction has yet to occur in the current wave of decline from 1.0845 to. Initially, I believed the lower border of the pink zone would halt the...
During a backdrop of political uncertainty in France following the recent parliamentary elections, the EUR/USD pair held its base near the 1.0930 mark during Friday's early US trading hours. The outcome of these elections has introduced some selling...
On the daily timeframe, I also anticipated a rollback. We might see it today. After breaking through the level, the price hasn't moved far, so a retest approach is possible. While the sales look promising, a correction should be expected. The euro...
### GBP/USD Analysis Update: August 3, 2024 As of August 3, 2024, the GBP/USD currency pair is experiencing a shift in market dynamics that traders should carefully monitor. On the H4 (4-hour) time frame, the pair appears to be entering an initial...