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Today we could seen GDP of EUR which has high impact on EURUSD pair . The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the EUR, while a falling trend is seen as negative (or bearish). Previous GDP YoY 0.05% and expected YoY 0.9%, So lets see whats actual number. We're looking for at least 40 pips movements on news release, but which has the sign weather EURUSD pair form Bull/Bearish momentum. On May EUR fall m…
zodiac's Blog
EURJPY Cross pair
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We're looking for down trend n EURJPY cross as JPY news release this Monday.. I'll discuss the currency movements with this feed. Below 102.6 look for further downside with 102.2 & 101.9 as targets. BOJ Sato: Effect of Further Easing Would Be Limited. Important to Judge Whether Price Rises Are on Path Toward 2%. Falling Inflation in Europe May Have Effect on Japan Prices. Difficult to Reproduce Same Impact as April Measures.The Yen is a historically low-yielding currency, making …
We're looking for down trend n EURJPY cross as JPY news release this Monday.. I'll discuss the currency movements with this feed. Below 102.6 look for further downside with 102.2 & 101.9 as targets. BOJ Sato: Effect of Further Easing Would Be Limited. Important to Judge Whether Price Rises Are on Path Toward 2%. Falling Inflation in Europe May Have Effect on Japan Prices. Difficult to Reproduce Same Impact as April Measures.The Yen is a historically low-yielding currency, making …