Watch the video and original text here: News: ''Italian Prime Minister Mario Draghi has tendered his resignation after populist coalition partner Five Star withdrew its support in a confidence vote. The former head of the European Central Bank (aka SUPER MARIO of Printing) has led a unity government since February 2021. However, the president refused to...
The euro has reversed directions today and fallen below the 1.02 line. In the European session, EUR/USD is trading at 1.0188, down 0.42%. The markets were glued to the ECB meeting on Thursday, uncertain as to whether the rate lift-off would be a 25bp or 50bp hike. In the end, Lagarde & Co. went hawkish, delivering a 50bp increase. This was somewhat of a surprise,...
Ten years after rescuing the euro with the iconic "Whatever it takes", Mario Draghi resigns as Italian Prime Minister, as the political parties that formed his majority no longer backed him. The uncertainty surrounding the upcoming general election reigns supreme, and the political crisis in Italy risks putting further downward pressure on the Italian FTSE MIB (...
News: ''Italian Prime Minister Mario Draghi has tendered his resignation after populist coalition partner Five Star withdrew its support in a confidence vote. The former head of the European Central Bank (aka SUPER MARIO of Printing) has led a unity government since February 2021. However, the president refused to accept his resignation.'' In the meantime ...
HELLO TRADERS, HERE'S OUR VIEW ON EURGBP GOOD RISK TO REWARD BUT CAN BE SHORT LIVED AS ALWAYS, ONLY RISK WHAT YOU'RE WILLING TO LOSE! THE TRADING REGIME OANDA:EURGBP
hello everyone! We can see that banks are in drawdown since they sold before buying. This means they need to mitigate their positions moving the price at least to 50% of the last bearish candle before the reversal. I will only enter the trade long if this happens
Here we see a possible cup and handle continuation on grounds that the 0.5 fibonacci retracement level holds as an entry point within the ABC channel correction and the cups support. Target will be 1.0. However, if the 0.5 fibo level is pierced as a confirmed breakout we can presume a double top from the two peaks at the 1.0 level with the target being 0.00....
Hello, in the coming days the market will probably focus on Draghi and his possible PM position in Italy. Theoretically, it has a chance to be positively received by the market (at least in the short term). The single currency vs the Australian has a chance to return towards 1.60 and above. Long on pullback to the region of 1.5650 Stop below 1.5575 Target 1:...
As seen on the chart we anticipate a downside move to retest the 1.08550 - 1.08650 levels. We can expect further downside move as the council still remains dovish. Furthermore, Mario Draghi says Fiscal policy has to be the main policy tool. An increase on the monetary stimulus program is also concerning. Not to forget to mention the additional easing measures are...
Concluding a year that saw the central bank take down its benchmark rate three times, the Federal Open Market Committee on Wednesday met widely held expectations and kept the funds' rate at the same level. The Fed is completely satisfied with the current state of things. As a result, markets do not expect any changes in the monetary policy until the end of 2020....
Hello guys, here is a good setup on EURJPY. This pair is ranging from the 17 October when we had that big spike to the upside, around the 121.300 region. We had multiple rejections (wicks, engulfing candles) on that zone, with the last week closing really strong to the downside. So it's three weeks that we are inside this range, can we break that support...
We already know Brexit deal has somehow affected EURUSD upward bullish momentum which was good enough earlier days before the vote in the UK but not it's not the same as it was in back days. Talking about volatility EURUSD has an average of just 9.4 pip per hour comparing to GBPUSD it has around 26.6pips within an hour which is quite a great amount of volatility...
In today's #marketinsights video recording I analyse #GBPUSD and #EURUSD #FXMajors! GBPUSD Dragged down by: - BoJo push for an early election on December 12 - Increasing likelihood of October exit failure EURUSD Under Pressure as: - ECB reiterates downside risk, stubbornly low inflation - Draghi hints to fiscal policy measures Stavros Tousios Head of...
The main event will be the announcement of the ECB decision on the monetary policy parameters in the Eurozone. Given the general tendency toward easing monetary policy in the world and the recent actions of the Central Bank of Europe, euro can be expected a pretty unpleasant surprise, In theory. But in practice, most likely everything will be ok. Mario Draghi is...
In today's #marketinsights video recording I analyse #GBPJPY and #EURGBP #FXMinors! GBPJPY Supported by: - Increasing expectations EC will grant January extension - BoJo win in case of early election - Weak safe-haven flows - Japan manufacturing to 3yr low EURGBP Under Pressure as: - Investors eye ECB and last Draghi meeting - Disappointing Business Climate...
EURCAD Still below very important mirror and key level @ 1.4720 volume profile show that pair tried many times to break 1.4670 but could't H4 chart show fake breakout at level 1.4660 with MACD divergence (Bearish signal )
EURAUD in running in major down trend , retracement up trend already broken Important key level broken @ 1.6260 volume profile show HVN at the same level , which is very strong area MACD show sell signal
EURNZD was inside triangle for long time as a congestion pattern Bullish Breakout happened then retest for broken down trend line now EURNZD breakout key level @ 1.7554 the pair should contine in the same bullish direction before consolidate in triangle