EURAUD - Bearish Bias
EUR - BEARISH
1️⃣ A number of ECB officials suggested the bloc's monetary authority stands ready to provide more stimulus if needed to keep yields down and support the economy.
2️⃣ Investors continue to monitor the slow pace of COVID-19 vaccination in the EU and its impact on Europe's economic recovery.
AUD - BULLISH
1️⃣ Strong risk sentiment boosted the Aussie from 5-week lows after the US Congress approved President Biden's $1.9 trillion coronavirus relief package.
2️⃣ Reserve Bank of Australia governor Philip Lowe rejected market expectations of an early increase in interest rates, insisting it will not lift its record-low cash rate of 0.1% until the jobless rate falls far enough to generate higher wages.
3️⃣ Australia's inflation expectations increased to an 11-month high of 4.10% mom in March.
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Technical
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We are looking to sell the EURAUD at SBR + below SMA 50 on the H1 chart.
1️⃣ A number of ECB officials suggested the bloc's monetary authority stands ready to provide more stimulus if needed to keep yields down and support the economy.
2️⃣ Investors continue to monitor the slow pace of COVID-19 vaccination in the EU and its impact on Europe's economic recovery.
AUD - BULLISH
1️⃣ Strong risk sentiment boosted the Aussie from 5-week lows after the US Congress approved President Biden's $1.9 trillion coronavirus relief package.
2️⃣ Reserve Bank of Australia governor Philip Lowe rejected market expectations of an early increase in interest rates, insisting it will not lift its record-low cash rate of 0.1% until the jobless rate falls far enough to generate higher wages.
3️⃣ Australia's inflation expectations increased to an 11-month high of 4.10% mom in March.
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Technical
=====
We are looking to sell the EURAUD at SBR + below SMA 50 on the H1 chart.
Trade attivo
PENDING ORDER TRIGGEREDTrade chiuso manualmente
✅Close Manually At 1.53850+25 PIPS
Due to higher spread at new daily open, we failed to hit TP.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.