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The analysis of the GBP/JPY currency pair sheds light on the dynamics of global monetary policy and economic sentiment shaping its performance. Currently trading around the 195.40 level, the pair exhibits limited downside potential due to several...
Trading gold can be a profitable endeavor when done with the right strategy and understanding of the market dynamics. Why Trade Gold? Safe Haven Asset: Gold is considered a reliable store of value, especially during economic uncertainty or market...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis, the Dawn trend line is down and the market is pulling lower. The market price fell with the help of the trendline and moved towards the trendline after breaking each...
The EURUSD breakout yesterday was relatively slow, only moving 27 pips after successfully breaking the trend line. This situation raises questions, especially for traders looking for significant momentum. Usually, breaking the trend line provides a...