In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we advise that there are limited opportunities with the ECB on later today. It may prove difficult to get into some trades before this very important and significant news event.
It is widely expected for the ECB to downgrade growth forecasts for 2020/2021. The ECB may be so concerned about this stuttering growth that they may print more cash to try and help boost the economy once more.
So with all eyes on the ECB at lunchtime today, we have identified the markets to keep a very close eye on after this event. These include the euro, USD, Gold, Oil and the Indices. All of these may provide some good post ECB trading opportunities.
Limited Opportunities with ECB Later Today – Full Video Analysis
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