Saturday, 17 November 2018

Euro Downtrend Intact, Monthly Chart Hints at Steep Drop Ahead

The Euro has mounted a spirited recovery from mid-November lows but overall positioning continues to look decidedly bearish, hinting at deep losses further ahead.


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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...