EUR/JPY has made a spectacular decline this week because of the weaker euro.
Tag - eur
On Thursday, European markets went down because the ECB’s attempts to regain flagging surge in the region focused attention on a steep deceleration in surge…
Of course, the most important event today is the European central bank rate statement at 14:45 MT time followed by the press conference at 15:30 MT. Let’s see if Mr. Draghi supports the euro.
It seems like there's a developing 'Flag' pattern. If so, the market is likely going to test the next support...
There are reasons to think that the upcoming move will be to the downside.
The ECB press conference is anticipated on March 7, at 15:30 MT time. We anticipate the interest rate to remain at the same level of 0%.
Let's find out how to trade GBP/USD, EUR/USD and gold today
It's likely that the pair is going to test the nearest resistance at 1.1375. The subsequent pullback from this level could lead to...
What to expect from the market this week?
Would you like to know the best trading opportunities for this week and find out the main market impacts?
EUR/USD ran into a bunch of resistance levels between 1.1375 and 1.1420.
We look for Canadian GDP growth data and US ISM Manufacturing PMI figure. Check how these releases will affect USD/CAD and EUR/USD.