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EURGBP - EUR/GBP: Shorts need stops above 8675
Longs need stops below 1.3860. A break lower to targets 1.3840/35 with very strong support at 1.3810/1.3790. Strong resistance at 1.4015/25. A break above 1.4035 however targets 1.4050/55 & 1.4080.
Euro-Dollar Dips A Buy, ECB To Send Dovish Message As EUR/USD Recovers Above 1.20
Thursday’s ECB meeting could easily spark a yield rally if there is any hint of PEPP tapering. This would be supportive of the Euro which has already rallied 3% against the USD in April. A dovish ...
Sterling slips versus euro; currency markets quiet ahead of ECB meeting
Sterling slipped on Thursday, holding below $1.40 before a European Central Bank meeting, as investors weighed up the outlook for an economic recovery from COVID-19 in the UK. Graphic: Trade-weighted ...
Two trades to watch: EUR/GBP, WTI crude oil
Crude oil needs to break below 61.00 to continue double top reversal pattern Both the API & the EIA stock pile reports revealed an unexpected build in crude inventories. The demand outlook is ...
Europe Set For A Positive Open Ahead Of The ECB
Market Overview Analysis by CMC Markets (Michael Hewson) covering: EUR/USD, GBP/USD, USD/JPY, EUR/GBP. Read CMC Markets (Michael Hewson)'s latest article on Investing.com UK.