Talking Points:
– EURUSD sustains move below 5-, 8-EMA envelope.
– AUDUSD, GBPUSD consolidations dictate patience.
– See the DailyFX Economic Calendar for Tuesday, January 20, 2015.
There are still a few days before the ECB unveils/doesn’t unveil a QE program, but that doesn’t mean opportunities aren’t afoot. See the above video for technical considerations and trade ideas in EURUSD, EURGBP, GBPUSD, GBPCAD, NZDUSD, and AUDUSD.
Read more: ECB Can’t Underwhelm as Usual if Euro is to Stay Lower This Week
— Written by Christopher Vecchio, Currency Strategist
To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com
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Source: Daily fx