Technical analysis of EURUSD
GOLD: price fixated below the 'Window'
Information is not investment advice
The price has fixated below the 'Window' and the 89 Moving Average. At the same time, there's a bullish 'Hammer', which hasn't been confirmed yet. Thus, it's likely that the market is going to test the next support at 1258.77. The subsequent pullback from this level could lead to the beginning of an upward correction towards the previously broken 'Window' (1282.11).
EUR/USD spiked down to the September low in the 1.0930 but failed to stay there and closed around 1.1060 on Thursday.
When looking for pairs to trade to benefit from today’s meeting of the European Central Bank, pay attention to EUR/NZD
CHF/JPY formed a “bullish engulfing” pattern on the W1.