The European Central Bank’s governor, Nott, and others unexpectedly released hawkish remarks in opposition to President-elect Lagarde. Knott said: There is no need to restart QE at present because there is no liquidity in the Eurozone. The remarks echoed the outgoing ECB’s statement, Nowotny, who said yesterday that the European Central Bank has gone too far in the past to seek to meet market expectations, and sometimes should be prepared to disappoint the market.
That is, don't let the market expect to influence your own monetary policy decisions.
MT4 EURUSD EUR/USD
The pair continued to fall under the pressure of the 1-hour level MA120.
Today, the Asian market was in early trading, and the price fell below the 1.1063 where Pivot's central axis was located and refreshed the weekly low to around 1.1040. Investors should pay attention today that the price is close to the lower support line (as shown in the white line in the figure). Before the K line is formed, the downside cannot be determined. Investors are advised to wait for the price to fall below the support of 1.1035, and use the MT4 operation to consider short-term shorts.
MT4 XAUUSD Gold
The demand for safe havens has decreased, and the price of gold has rebounded. Yesterday, the price of MT4 was observed to fall again after hitting the 1550 position. The current price is stable above 1520, but the Kline fell below the support of the 120-hour moving average, and the Macd returned to below the 0-axis within a week. In the daytime, short-term kinetic energy may have an advantage. If the price falls below the 1520 support, there may be a wave of corrections in the short term.
MT4 NZDUSD NZD/USD
Commodity currencies continued the downward trend, with the New Zealand dollar trending the weakest. The New Zealand dollar against the US dollar continued to fall with the downward movement of the 30-hour moving average and fell below the 0.63 marks, setting a new low since October 2015. In the day of the day, the bearish trend is expected to continue further, with initial support of 0.6294 below, and may look at 0.6277 after the break.
That is, don't let the market expect to influence your own monetary policy decisions.
MT4 EURUSD EUR/USD
The pair continued to fall under the pressure of the 1-hour level MA120.
Today, the Asian market was in early trading, and the price fell below the 1.1063 where Pivot's central axis was located and refreshed the weekly low to around 1.1040. Investors should pay attention today that the price is close to the lower support line (as shown in the white line in the figure). Before the K line is formed, the downside cannot be determined. Investors are advised to wait for the price to fall below the support of 1.1035, and use the MT4 operation to consider short-term shorts.
MT4 XAUUSD Gold
The demand for safe havens has decreased, and the price of gold has rebounded. Yesterday, the price of MT4 was observed to fall again after hitting the 1550 position. The current price is stable above 1520, but the Kline fell below the support of the 120-hour moving average, and the Macd returned to below the 0-axis within a week. In the daytime, short-term kinetic energy may have an advantage. If the price falls below the 1520 support, there may be a wave of corrections in the short term.
MT4 NZDUSD NZD/USD
Commodity currencies continued the downward trend, with the New Zealand dollar trending the weakest. The New Zealand dollar against the US dollar continued to fall with the downward movement of the 30-hour moving average and fell below the 0.63 marks, setting a new low since October 2015. In the day of the day, the bearish trend is expected to continue further, with initial support of 0.6294 below, and may look at 0.6277 after the break.
