Important upcoming events and publications for November 22nd (GMT):
12:30 ECB Monetary Policy Meeting Accounts can increase volatility in pairs with EUR if it provides clarification in the regulator’s views on the macroeconomic forecasts and policy. By the end of the year the ECB is going to wind down balance sheet asset purchases, completing this stage of QE, and expects to start raising rates no earlier than in autumn of 2019.
15:00 EU Consumer Confidence Index had fallen sharply for several months. A preliminary estimate of November’s data is expected to show further deterioration to -3.0. Strong data can support the EUR, while weak indicator can affect the euro in the negative way.
On the occasion of the Thanksgiving in the USA, no important statistics will be published and U.S. stock market will be closed on Thursday and will close earlier than usual (at 18:00 GMT) on Friday.
• Central banks prefer to pause. • The strengthening of the dollar prevented gold from…
Market Picture The crypto market set another trap for bulls yesterday afternoon, jumping to $3T…
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
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