Sentiment study with Monte: the ECB and EUR/USD trading
In this second episode of Sentiment study with Monte, we explore EUR/USD traders' strategies and sentiment leading up to the ECB policy decision. Get insights from retail sentiment and CoT speculator data on the EUR/USD chart.
(Video summary)
ECB on rates
Technicals and sentiment usually mean little when going into a fundamental event like this Thursday’s European Central Bank (ECB) policy announcement and more so when it’s a coin toss on whether they’ll hike or pause.
EUR/USD
But we’ll take a look at how traders got to where they are and what their trading methodology has been, mapping both retail sentiment and CoT speculators onto EUR/USD’s price chart.
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