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EUR/USD Signal - ECB President Lagarde speech - 27 Feb 2020

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Signal Details
Entry Price: 
1.0950
Take Profit: 
1.1000
Stop Loss: 
1.0920
Direction: 
Buy
Result: 
Profit
How we trade
Average: 4.3 (6 votes)

EURUSD is trading higher with hopes for German stimulus. The Finance Minister of Germany is considering to ease fiscal spending in order to boost the economy. ECB President Lagarde is also a big supporter of fiscal stimulus. Forex traders will follow closely the US Capital Goods orders for some fresh impetus.

eurusd signal 27 feb 2020

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.