AUD/USD: a positive prospect
AUD/USD formed an inverted "Head and Shoulders’ and is targeting 0.7815, 0.7840, and 0.7860.
EUR/USD: how to trade the ECB meeting
Information is not investment advice
Trading the news is, of course, risky but sometimes the risk is worth taking. Today we think about selling the euro on the ECB meeting and press conference. The trade is in line with the longer-term downtrend of EUR/USD.
EUR/USD found support at 1.1220. It may move to 1.1250/65 initially, but the odds are that the words of the ECB president Mario Draghi will send it towards 1.1190 (moving averages on H4) and probably even 1.1120.
The European Central Bank will announce its decision at 14:45 MT time. Mario Draghi’s press conference will start at 15:30 MT time.
Elizabeth Belugina
Similar
USD/JPY: a SELL opportunity
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
USD/CAD looks vulnerable
USD/CAD reversed down from 1.2865 last week and formed a candlestick with a long upper wick on the W1.
Popular
Westpac: Bullish rally of the AUD is inevitable in Q3
According to Westpac, the AUD is undervalued. What target do they set?
NZD/USD : extends gains to fresh three-week high.
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
AUD/USD : climbs to three-week high as dollar continues to stay pressured.
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…
Choose your payment system
