EURUSD Daily Outlook On Monday, a biotech company, international Gallery of modern art reported positive data on early-stage-corona-virus-vaccine-study explode your shares, and you lift the rest of the market with it as well. In the meantime, we found out that Japan’s economy contracted an average annual pace, or 3.4%, from December to March.
On Tuesday, we are looking for the UK economic environment, as well as in the Euro-Zone, the ZEW economic sentiment index.
Welcome to the Tickmill update, I’m Kiana Danial, founder of the Financed rebel movement. Make sure to subscribe The company’s YouTube channel support us by like and share this video with your forex trading friends.
Today I am looking at the EUR/USD pair, which has, like most of the other major currency pairs continue to the selection in the last month. After dropping to lows of just over 1.06 in March, the couple has found a comfort zone between 1.099 and 1.077. Currently, it looks like it is in the process of moving back in the direction of the upper level of the selection, as it has just broken above the Ichimoku cloud on the 4-hour time frame.
On Tuesday, we were able to see a little bit of a pullback as the Ichimoku indicator says, and the other course to see profits at the end of the week.
Do you think that major currency pairs offer, or are we seeing a new trend soon? You go to the comments and let me know.
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