Day: January 23, 2024

EUR Traders Brace For ECB The Euro is looking a little soft as we kick off ECB week. The bank is widely expected to offer further pushback against those calling for near-term ECB rate-cuts. Towards the end of last year, the market moved to fully price in an ECB rate cut for April in line […]

Futures Action Areas For The Week Ahead #ES #NQ #YM To access the weekly review of the price action in the emini futures markets and today’s real-time actionable analysis with action areas defined for the trading week ahead click here, please like & share! Source: Tickmill

EURUSD, “Euro vs US Dollar” EURUSD continues developing a correction. Today the price has reached the local target of this correction at 1.0908. A decline link to 1.0880 is expected, after which a new growth link to 1.0913 is expected. Once the correction is over, a new decline link to 1.0838 might start. GBPUSD, “Great […]

EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a downward breakout of the 2/8 (1.0864) level is expected, followed by a price decline to the support at 1/8 (1.0803). The scenario might […]