EURUSD Ahead of ECB Press Conference!
Updated
Hey Everyone,
Currently we're looking at EURO against the US Dollar in accordance with the upcoming event
for EURO
- ECB Press Conference
- Core Durable Goods Orders m/m
- Main Refinancing Rate
Now if we analyze the economic data we got Bullish sentiments for Refinancing rate as forecast
is expected at 0.5% and our expectation is to cross 0.6% this time
same as Core Durable goods if it's High and Hawkish then Refinancing rate will increase
now what makes it difficult to trade fundamentals today? -it's the press conference
really hard to indicate market while press conference is there but soo far fundamentals are
providing an hawkish insights for EURO
Regarding our Technical they provide a Bearish Insight for Long term but today it's
Important to take in with Fundamentals as They are BULLISH for EURO you can place an order
now for EUR Pairs (BUY THEM)
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Currently we're looking at EURO against the US Dollar in accordance with the upcoming event
for EURO
- ECB Press Conference
- Core Durable Goods Orders m/m
- Main Refinancing Rate
Now if we analyze the economic data we got Bullish sentiments for Refinancing rate as forecast
is expected at 0.5% and our expectation is to cross 0.6% this time
same as Core Durable goods if it's High and Hawkish then Refinancing rate will increase
now what makes it difficult to trade fundamentals today? -it's the press conference
really hard to indicate market while press conference is there but soo far fundamentals are
providing an hawkish insights for EURO
Regarding our Technical they provide a Bearish Insight for Long term but today it's
Important to take in with Fundamentals as They are BULLISH for EURO you can place an order
now for EUR Pairs (BUY THEM)
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Comment
DRAGHI's SPEAKING - Opening is Bullish soo far!Trade active
0.4% was Actual, worst than we expectedTotally Bearish event for EURO,
Technicals are still Bearish for Long term
and for those who are holding (Keep Holding)
currently at (-34 PIPS) of Floating Loss we'll close at breakeven,
Market will try to recover will wait till E.O.W (End of this week)
Trade active
BULLISH SHARK ON H1 (Let's see If it's going to work)Trade closed manually
UPDATE EURUSD - Close Now with (-30 PIPS)Related publications
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