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Analysis

EUR/USD decline could be buy it on ECB cut 1.100 – 1.090 [Video]

In today’s TradeGATEHub Live Trading session, Coach Dale discusses the potential for buying opportunities in the EURUSD, particularly if the European Central Bank (ECB) decides to cut rates, with a targeted range between 1.10 and 1.09. He delves into the technical zones of confluence for the EURUSD, providing key levels where traders might consider entering the market. Additionally, Dale analyzes the DXY, identifying levels at which it might encounter resistance. He also examines the USDJPY’s efforts to establish a double bottom, offering insights into potential reversals in this major currency pair. This session equips traders with critical technical analysis and strategic entry points amidst pivotal central bank decisions.

 

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