EUR/USD Bounce, EUR/JPY Break

EUR/USD Bounce, EUR/JPY Break

Working through early part of ECB and so far we’re 2 of 2 from the setups looked at yesterday. EUR/USD is bouncing up from support at prior resistance, and EUR/JPY is falling through breakout support. EUR/USD Hourly EUR/JPY Tests Through Support After Bearish...
Euro Pre-ECB: EUR/USD, EUR/JPY

Euro Pre-ECB: EUR/USD, EUR/JPY

Tomorrow brings Lagarde and the ECB and about the only known thing here is that we’re going to hear about climate change. EUR/USD has had a harsh three-day correction after having run into resistance at 1.1900 last week. That’s now a double top and if...

EUR/USD support test

Tomorrow brings ECB, EUR/USD rally pulling back in anticipation. At this point, support should be bought, looking for the ECB to fail in doving it up tomorrow.