Good and bad factors | 30 Junio 2021

EURUSD trading plan:

The ECB has published the fresh statistics illustrated the change in assets on the balance sheet. Over the past week, the figure rose by €140 billion, against €35.6 billion a week earlier. This is a negative signal for the European currency! Oil prices rose, as broad hopes for a demand recovery persisted, fueled by comments from OPEC’s secretary general. Demand in 2021 was expected to grow by 6 million barrels per day, with 5 million bpd of that in the second half, OPEC Secretary General Mohammad Barkindo told Tuesday’s meeting of the Joint Technical Committee of OPEC+, an alliance made up of OPEC states, Russia and their allies. This is a negative signal for the dollar!

Investment idea: range 1.1855 -1.1945.