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T-Minus 2: Trade Ideas Before ECB Comes to Town

T-Minus 2: Trade Ideas Before ECB Comes to Town

Christopher Vecchio, CFA,

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

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.