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EUR Minimum Bid Rate

Eineplatz Posted 8 June  in #Trader's blog
Today, the ECB will set the interest rate and maintain a monetary policy meeting, likely interest rates will remain unchanged, but talk of the current state of the EU economy may in some way give some negative signals, which can lead to a slight weakening of the EUR.My projections are that the EUR will weaken to 1,1169 and then stabilize at that level, and for tomorrow (Friday) I expect another drop of EUR.EUR against USD and USD against CHF are in some sort of price saturation, so you should de…
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Trading pairs EUR/USD and USD/CHF

Eineplatz Posted 7 June  in #Trader's blog
The market is very quiet in the first three days of trading, but I notice some peaks and as low as possible.
If this is the case then a short-term or medium-term change of trend should be expected.
The USD / CHF has fallen sharply, and I think the psychological price is 0.9600 at the moment, the EUR / USD has also reached 1.1280 and we can see that the price has a problem for further progress, so it is expected to drop to 1.1150 or 1.1050 as well, only after that it is possible to expect a retry…
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Big movements in GBP couples should be expected on Thursdays and Fridays

Eineplatz Posted 6 June  in #Trader's blog
I believe that this week's focus will generally be on the UK election.
AUD tomorrow should be viewed from two corners, the first monetary policy minute (probably the AUD will weaken).
Then, on Wednesday, the announcement of GDP for Australia is likely to occur (probably reading will be better than anticipated).
And then all eyes will be directed to GBP moves, and I think that regardless of the outcome of the election, the GBP will be able to run away.
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