Today is going to be intresting for sure. We’ve got the ECB minimum bid rate and then after the ECB Press Conference.
GBP/USD – Seems to be just following the uptrend. E/G is keeping a lid down on G/U as EURO has strengh from the dollar weakness.
EUR/USD – We are getting signs for a uptrend but anything could happen with the ECB only hours away.
EUR/GBP – It seems to be finding a bottom and then retracing and then dropping again due to GBP strengh. E/G is a chart that will go crazy when EBC data is released.
USD/JPY – It’s just following the downtrend. Looks set to bottom out close to 108 or top of the 107 handle.
USD/CAD – We’ve got CAD data later on so we could see another drop on U/C
GBP/JPY – If the pound is strong the trend is stop and towards the the top.
EUR/JPY – Keep a close eye on this chart. We’ve currenty using last months high as a supprt at 135.507