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The Japanese yen is weakening significantly against the US dollar. This is due to a combination of factors, including expectations of continued high interest rates in the US and ongoing weakness in the Japanese economy. On one hand, the US Federal...
GBP/ USD: The Language of Price Movements The analysis of the GBP/ USD Currency pair's price action will be the main topic of our conversation. Yesterday, the daily chart indicated a strong sell signal for the GBP/USD currency pair, showing a...
EUR/ USD Price Activity Today's focus is on analyzing the price movements of the EUR/ USD Currency pair. When there's talk of a potential rollback, it's worth investigating why it might succeed. The dollar fundamentals aren't so disruptive that they...
I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...