There is a clear fight between BULL and Bear on the EURUSD Pair.
Ichimoku shows that it is 50%-50% with a little favor for the Bear if we do observe initial signals, such as the lagging span inside the cloud and oriented downward.
If Bear wins the fight, it is to confirm that ECB is not bluffing, market beleieve in a reaction of Draghi on June 4th.
If Bulls win, it means that the market think that ECB PResident is Bluffing. Bare in mind that between TOday and June4th, there are European Parliament elections all over EU28, and this could have a certain effect on the market.
Ichimoku shows that it is 50%-50% with a little favor for the Bear if we do observe initial signals, such as the lagging span inside the cloud and oriented downward.
If Bear wins the fight, it is to confirm that ECB is not bluffing, market beleieve in a reaction of Draghi on June 4th.
If Bulls win, it means that the market think that ECB PResident is Bluffing. Bare in mind that between TOday and June4th, there are European Parliament elections all over EU28, and this could have a certain effect on the market.