EURUSD
The pair is trading below 1.1380. It’s under pressure after the ECB meeting indicated that the bank is going to be extremely careful in its monetary policy, which points to its softer variant. Another source of pressure for the pair is the USD getting stronger as a safe haven …
EURUSD
The pair remains in the short-term downtrend in expectation of the ECB’s monetary policy decision. If the bank, and its president Mario Draghi, are optimistic in evaluating the prospects of European economy, the pair will receive support. However, if there are any mentions of risks concerning trade wars of …
USDCAD
The pair remains in the short-term uptrend due to decreasing crude oil prices and in expectation of the results of the Bank of Canada monetary policy meeting. If the regulator raises interest rates and hints at more raises in the near future, the price will fall. At the same …
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