The euro declines after M. Draghi's statement about the launch of the ECB's QE program

January 23, 2015


Sell on a level breakthrough of 1.1313 with 1.1213 target. Stop loss = 1.1363.

Reason for the trading strategy

Yesterday, the ECB announced the launch from March 2015 to September 2016 of the quantitative easing program in the euro zone, totaling 1.14 trillion the euro, which is 2 times higher than market expectations. As a result of a substantial softening of monetary policy in the euro zone, the euro collapsed.


Publication source
EXNESS information  EXNESS reviews

September 26, 2016
The aftershocks of FOMC
The FED did not raise interest rates last week, as it was anticipated by many market participants. It seems like the FED decided to go with status quo and wait until a new American president is elected. We are waiting for a rate hike to take a place in December as it would be logical and a well justified thing to happen...
September 26, 2016
The week ahead: Focus shifts from central banks to politics
Monday’s US presidential debate will probably break a new record, not in the S&P 500, but the number of viewers which according to media analyst could reach over 100 million Americans, surpassing Carter-Reagan debate in 1980 which attracted 80.6 million viewers...
September 23, 2016
Risk rating
The market is in need of a new narrative. The Fed meeting in December is too far off and for now, the US election is not something that entices excitement. With central banks on hold, markets are pushing the envelope in terms of risk...

Larson&Holz IT Ltd Rating
FXTM Rating
Tickmill Rating
Vantage FX Rating
HYCM Rating
HotForex Rating

OptionTrade Rating
Anyoption Rating
OptionRally Rating
OptionFair Rating
TopOption Rating
Empire Option Rating