EUR/USD is surging despite the worse-than-expected German GDP, gold is approaching the all-time high and GBP/USD is edging up for the 11th day in a row.
July 15: Presets ahead of the BOC rate statement
Information is not investment advice
Positive news on British inflation is driving the GBP up, while we are getting ready for the BOC rate statement at 17:00 MT time. The risky environment across the markets improved on the optimism surrounding the Moderna vaccine. Despite that, the yellow metal strengthened.
Hammer and shooting star are the most effective reversal patterns. Watch the video to learn how to use them in trading!
The risk sentiment has got better since the start of today's trading session.
US-China trade tentions, the rescue package for the American economy and other hot topics in the weekly video. Watch to learn about the most promising opportunities!