A decent US retail sales report keeps rate hike hopes alive. The number for July grew 0.6% after a revision showed sales were flat in June. Retail sales ex autos, considered a more accurate metric, grew 0.4% vs -0,1% last month. Dollar gained support after the release. On the other hand, initial jobless claims ticked higher to 274,000 from 269,000 last week, which curbed USD advance.
I am sticking to the Triangle pattern development in EUR/USD. As predicted in the last post, the price reached the first resistance cluster at 1.1168-1.1195, and bounced off. There are two scenarios: either Wave C is complete and the pair is likely to slide back to 1.0902-1.0962 area; or another upward move will help it reach 1.1255-1.1287 cluster.
I am sticking to the Triangle pattern development in EUR/USD. As predicted in the last post, the price reached the first resistance cluster at 1.1168-1.1195, and bounced off. There are two scenarios: either Wave C is complete and the pair is likely to slide back to 1.0902-1.0962 area; or another upward move will help it reach 1.1255-1.1287 cluster.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
