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I believe that if this move was purely profit-taking from earlier purchases, then on Monday, the price should quickly rise to 1.1100 as part of the trend resumption. I personally expect growth to continue due to the ongoing weakening of the dollar,...
GBP-USD D1 ANALYSIS CHART Hello, colleague! What we have now according to the readings of the indicators on the daily chart by waves:- MA100 is working out the space almost parallel to the floor—a sign of a flat mood during the week.- MA18 is...
The Euro experienced a further decline against the US dollar on Monday, extending its losing streak to a second consecutive day, with bids gravitating towards the 1.0900 level. This renewed downward pressure on the single currency stemmed from the...
The USD/CAD pair is currently in a downtrend on the 4-hour chart, where data shows that prices are moving within a descending trend, indicating that sellers are primarily in control of the market at this time. This downward trend presents a great...
