Fed, BOJ, and BOE will meet this week to announce their interest rates.
Tag - eur
Trade ideas on December 17-21
The main intraday target is the next support at 1.1237. The subsequent pullback from this level could be a starting point for...
The market sentiment is down, Theresa May can't renegotiate the Brexit deal, Italy and the EU can't agree on a lower deficit.
On the daily chart of EUR/USD, there is a transformation of the "Shark" pattern into 5-0.
On the daily chart of EUR/GBP, after implementation of the "Wolfe Waves" and "Shark" (88.6%) patterns, there is a correction as a part of the "Shark" pattern's transformation into 5-0.
The price is likely going to test the closest resistance at 1.1416. The subsequent pullback from this area could lead to a decline...
Watch and find out how to trade EUR/USD and GBP/USD ahead of the ECB statement!
On the daily chart of EUR/JPY, the consolidation as a part of the "Broadening Wedge" and "Shark" patterns' implementation continues.
If a pullback from the nearest resistance happens next, bears are likely going to test the next support at 1.1283...
EUR/USD is still supported by the 200-week MA at 1.1310. The pair came to the support line connecting November lows for the third time
The price faced with resistance by the 89 MA. In this case, we should watch the lower 'Window' as...