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Date: 7th January 2025. European Stocks Dip, Yen Hits Lows, Bitcoin Surges Over $102K Amid Market Shifts. Financial Markets Performance: *The US Dollar dip to 107.85 from 109.60 highs, after Trump’s denial. *The EURUSD rebounded to 1.0413, the...
From my perspective, it seems that the market didn’t give us a proper entry point; instead, it moved north in small increments. Eventually, it reached a local seller's zone where the seller initially showed some weakness. This allowed the buyers to...
•••EUR/USD Market Moves: January 7, 2025 – The Dollar Holds Strong, The Euro Faces Challenges••• • Right now, EUR/USD is hovering around 1.0402, showing a slight uptick from recent lows. The market feels a bit muted at the moment, but beneath the...
GBP/USD Technical Analysis and Forecast – January 7, 2025 Market Sentiment and Outlook: The bullish momentum in the GBP/USD currency pair is likely to indicate positive sentiment driven by recent economic developments and technical buying. We are...