17 years in trading
Mr.Draghi knows how to crush the euro lower, he is well known by his dovish stance and talk. This time during the press conference was the unwriten rule, when Draghi talks, short euro is sure thing. I wrote that today before the press and here we go, down for 200 pips until now. The pair broke trendline easy, daily MA100 and it
Read moreIn the last two weeks ‘the market talks’ about possible QE extension, but I don’t expect that will happen today. Mr.Draghi have said that, the QE program is giving expected results so far and based on that, there is no need for extension on my oppinion. Could we expect a rate cut? I don’t see that either as a possible
Read moreAfter the pair didn’t manage to break 1.1380 yesterday, all day was to calm with up trendline support at aprox 1.1335/40. During the Asian sesion, the pair slowly broke that trendline and the pair slided furder to the support in this morning. Looks bearish and the support could be in danger now, wich is not strange if we know that ECB
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