✍️ EURUSD currency pair
The EU fell relatively sharply last Friday. The reason is that the European economy has continuously received less positive information such as the situation of vaccination has not met the expectations of the governments of other countries; Blockades continue to take place in some major countries; Germany's Prelim GDP in Q1 was much lower than the central bank's prediction (the actual figure was 2 percentage points lower than the forecast - 0.2%).
- With the strong decline of the Friday candlestick in combination with the candle of the previous Thursday, the reversal candlestick pair was formed on the daily chart time frame. We could buy short then wait for
SELL LIMIT EURUSD AT 1.2080
SL: 1.2160
TP: 1.2XXX - 1.2XXX
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👉 FED schedule this week
- Powell and many senior Fed officials gave in-depth speeches. The schedule is as follows:
At Tuesday morning, Fed Chairman Powell speaks on community development. On Tuesday, the FOMC Standing Voting Committee and New York Fed President Williams will speak at the annual online symposium;
On Wednesday, the 2021 FOMC voting committee and San Francisco Fed Chairman Daley will deliver a speech; in 2021, the FOMC voting committee and Chicago Fed President Evans will speak on the current economic situation and monetary policy at a meeting about the United States and the global economy; Boston Fed President Rosengren is to speak at an online event;
On Thursday, Cleveland Federal Reserve President Meester is to speak at a Boston Economic Club online event; Evans said; Williams gives opening and closing speech at an online event hosted by the Federal Reserve of New York; Dallas Fed President Kaplan delivers a speech ；
- On Friday, Mestre will participate in an online event; Kaplan hosts online banking events on US and global economic affairs.
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