
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
2019-11-11 • Updated
EUR/JPY continues to fall inside the intermediate impulse wave (3), which started earlier from the resistance area lying between the pivotal resistance level 132.00 (which stopped the previous waves A and (2), as can be seen below) and the upper daily Bollinger Band. EUR/JPY is expected to fall further toward the next sell target at next support level 129.30 (low of wave 1) – followed by 128.00.
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
What happened? It looks like the decline in EUR/CHF to 1…
What happened? Japanese shares fell on Monday…
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates?
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