Major forex pairs are experiencing heightened volatility during Monday's Asian session opening as liquidity remains extremely thin. Market participants are advised to exercise caution as price swings could be exaggerated until more Asian financial centers come online. The typical Monday morning conditions see wider spreads across all major pairs including EUR/USD, GBP/USD, and USD/JPY, with indicative pricing showing potential gaps from Friday's close. Traders should expect erratic price movements and potential false breakouts during these early hours. The lack of liquidity often results in stop-loss hunting and unexpected spikes in either direction. Normal market conditions are expected to resume as Tokyo fully opens and liquidity improves throughout the Asian session. Technical levels established during thin conditions should be viewed with skepticism until confirmed by higher volume trading.
Related Symbols:
EURUSD
GBPUSD
USDJPY
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