Wednesday, 12 September 2018

USDNOK & EURNOK charts bearish patterns; EURNZD Drives 3 Year Highs

The technical patterns on USDNOK and EURNOK depict some bearish patterns. The preferred bias is short USDNOK and EURNOK while remaining long EURNZD.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...