The slingshot strategy is a good way to trade EUR/USD on the ECB meetings. Learn more!
Tag - usd
Plenty of Europen releases may create mixed outcome. Canadian Retail Sales level may affect the CAD. Check levels for EUR/USD, USD/CAD, XAU/USD, and USD/JPY.
USD/CAD made big moves during the Bank of Canada’s meeting yesterday. Still, the rally may not be over yet.
The Aussie was boosted by the positive jobs data. The euro under pressure due to the ECB Meeting. Check levels for EUR/USD, EUR/GBP, USD/CAD, and AUD/USD.
Things in the economic world seem to be getting better. Is it better for the USD as well?
The price action in EUR/USD has been quite unfavorable for the euro. On The W1, the 50-week MA limited the pair’s advance.
The most important event of the day is the meeting of the BOC.
Check levels for EUR/USD, AUD/USD, NZD/USD, and USD/CAD.
The current trading week is going to be quite eventful!
How to trade during Martin Luther King Jr Day.
In times of political and economic uncertainties, analysts recommend investing in safe-haven assets. However, since recently, the USD with the weak American economic data and the easing monetary policy has been losing its status. What about the JPY and XAU? The situation is unclear.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.