The EUR/USD pair ends the week on a higher note, but gains were far from being caused by a stronger common currency...
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GBP/USD extends gains into the mid-1.2800s, up on positive political developments for PM May. Michael Gove confirmed he will stay. Reports about a no-confidence motion have not been confirmed. Fed officials' concerns weigh on the USD.
The USD/JPY pair dropped further during the American session on the back of a slide of the US dollar across the board. It bottomed at 112.65, the weakest level since November 2.
"A cycle is a recognizable price pattern or movement that occurs with regularity in a specific time period"
"Advisory Opinion, comprised of arguments and trade ideas which have been committed to publication and therefore have an influence on the trading public,
"Have you ever read news updates mentioning Elliott Wave yet you don’t have a clue what these mean for the Forex?"
"Support and Resistance Lines conform the most basic analytical tools and are commonly used as visual markers to trace levels where the price..."