During Monday's American session, the EUR/USD continued its descent, reaching below 1.0800 for the first time since mid-December. Market caution favored the strength of the US dollar, negatively impacting the pair ahead of key events for the week. Despite a modest bounce from a January low at 1.0813, widespread dollar weakness prevented further declines. Daily...
On this currency pair, I opened a long position after noticing a Fast Veloce Cambio di Prezzo (FVG) in the London close zone, with an FVG of just one pip identified on a 15-minute chart (M15). I decided to go long as the H4 bias is bullish. Currently, the trade is at breakeven with a 1% gain, as I closed half of my position at a 1:1 ratio, thereby reducing my...
