Technical - similar to other euro crosses, euro over sold, expect a pull back to 1.60000
Fundamental - lagarde's tune would have to sync with other singers, market may have to price in euro positivity. equity markets are at the edge + bitcoin pull back indicating conservativeness + covid cases on the rise in some places + neg equity news = positive euro and other safe havens.
Fundamental - lagarde's tune would have to sync with other singers, market may have to price in euro positivity. equity markets are at the edge + bitcoin pull back indicating conservativeness + covid cases on the rise in some places + neg equity news = positive euro and other safe havens.
Trade attivo:
maintaining upside target
Commento:
USD pressure on EUR has so far been reasonably resisted in EURAUD. A relief from USD pressure could help upside momentum in this pair.
Trade attivo:
1.57 is a level to watch. If price stays above - 1.60 could be reached. Book some profit if in the trade. Be aware of covid risks. Fears will help EUR.
Trade attivo:
Book some profit and enter on pull back
Trade attivo:
Note Dec month santa rally in equity market are good for AUD , NZD and CAD so be mindfully. Close all positions once target reached
Trade chiuso: obiettivo raggiunto