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All hail the Euro!


Hello, Loves! This week should be a great week for ‘our’ beloved single currency ????
Here’s why..

ECB ⬇️

  • Draghi tried to hurt the euro on Thursday. However, it looks like Super Mario is losing his dovish powers, with most analysts still forecasting the announcement for QE tapering as soon as this fall.
EU Stability ⬆️
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Trading Ideas: NZD


NZD ???? Hi there! Today is a ‘sad’ day for all you ‘Kiwi lovers’ ????
Here’s why.. RBNZ ⬇️
  • The Assistant Governor McDermott stated that the Kiwi is at an ‘uncomfortable level’.
AUD ⬇️
  • NZD’s major trading partner, the Aussie, is also weighted this week after the market's decision of focusing on the fact that a higher AUD could also be problematic.
Technical Structure ⬇️
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Aaamira avatar
Aaamira 2018年06月12日

always informative blogs with beautiful pics! hope to read more soon!

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Trading Ideas: EUR; AUD; CAD; GBP


Good morning, London!
Here are some ideas for the session..
AUD
We start with the Aussie.

RBA
⬇️
  • The market decided to focus on the fact that a higher AUD could be problematic. So, despite the upbeat tone seen in the statement, the Aussie quickly reversed.
Copper ⬇️
  • Copper continued last week's downtrend. Although, be aware that today the red metal rebounded overnight.
Technical Structure ⬇️
[list][/list]…
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