In the world of trading, timing is everything. The EURGBP chart below highlights an important lesson in market analysis: waiting for the right area of interest can make the difference between chasing price and positioning with a clear plan. Using Elliott Wave analysis, the market structure suggested that EURGBP was not in a favorable area […]
The post EURGBP: Sells Off from Extreme Area (Blue Box) appeared first on ActionForex.
Key Highlights EUR/USD started a fresh decline after it failed to recover above 1.1450. The bulls face resistance near 1.1450 and 1.1475 on the 4-hour chart. Bitcoin is showing signs of weakness below $60,000. USD/JPY Read more…
It was a mixed week for markets. U.S. and Japanese stocks made new highs, but later finished lower as concerns about AI stock valuations weighed on sentiment. SpaceX also came under pressure, falling below its Read more…
USDJPY was a tad lower on Friday but remains close to new peak at 161.95 (Thursday / 3 July 2025) and in the zone where Japanese authorities may intervene. Profit-taking at the end of the Read more…