EUR/USD rose 0.4% ahead of the release of euro zone producer price data. Those indicators are expected to remain high, adding pressure on the European Central Bank, which will continue to raise interest rates significantly at the end of the month.
The main question at this point is whether the slowdown seen in the U.S. and global economies will force the Federal Reserve to adjust the trajectory of the rate hike lower, as the U.N. has recently requested
In terms of technical analysis, we have a global downtrend and a bearish price channel formed. The price is moving steadily within this range and continues its decline. After testing the support at 0.9622, we see formation of a pullback, which means that the channel remains an important figure, from which you can build your trading strategy. I assume that from the resistance we may see the continuation of the currency pair falling in the direction of the global trend.
Sincerely R.Linda!
The main question at this point is whether the slowdown seen in the U.S. and global economies will force the Federal Reserve to adjust the trajectory of the rate hike lower, as the U.N. has recently requested
In terms of technical analysis, we have a global downtrend and a bearish price channel formed. The price is moving steadily within this range and continues its decline. After testing the support at 0.9622, we see formation of a pullback, which means that the channel remains an important figure, from which you can build your trading strategy. I assume that from the resistance we may see the continuation of the currency pair falling in the direction of the global trend.
Sincerely R.Linda!
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。