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The GBP/USD is in focus ahead of this week’s key events: FOMC and BoE rate decisions. We also have UK CPI and retail sales, as well as global PMI figures to look forward to this week. The BoE...
The EUR/USD yesterday formed a bear breakout of the recent tight trading range and reached the May 31st low. The bears hope that yesterday started a successful breakout below a tight bear channel...
A full breakdown of EUR/USD and GBP/USD from monthly to 1-hour charts to identify long & short-term trade opportunities.Today’s Trade Ideas:Video Analysis:
Prior to today’s ECB meeting, there was a bit of uncertainty whether the ECB would hike or not, with markets pricing in a 65% implied probability of a 25-bps hike. In the end, it went ahead with...
The EUR/USD is continuing to go sideways near the May 31st low. The bears see the tight trading range as a bear flag that will lead to a test of the May 31st low. The bulls want a bull breakout of...
EURUSD continues to hover around the 1.0720-1.0727 areaShort-term bearish trend remains firmly in placeBut the stochastic oscillator could open the door to a bullish moveEURUSD continues to hover...
ECB rate decision expected to be a close call US to release retail sales and producer prices The euro is showing limited movement on Thursday, ahead of today’s ECB rate decision. In the European...
Today marks the ECB day, which can introduce significant volatility into the FX markets. EUR/USD traders are eagerly awaiting answers regarding whether the ECB will conclude its hiking cycles or...
US inflation rises but core inflation falls to a two-year low All eyes are on the ECB rate decision on Thursday The euro is trading quietly on Wednesday. In the North American session, EUR/USD is...
The ECB meeting on Thursday is not likely to be as straightforward as many have seemed over the last year.Even before we get to the new economic forecasts and what that means for monetary policy over...
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