1) Market Overview
EURUSD fluctuates around 1.0850 - 1.0960, with a slight upward trend thanks to
- US economic data is below expectations
- ECB maintains a mildly dovish stance, affirming that it will continue to monitor inflation instead of declaring an end to interest rate hikes
This week the market will focus on
- US CPI - which can cause strong fluctuations
- Some statements from ECB and FED members
- Geopolitical risks in the Middle East and Europe
2) Technical Analysis
- Trend: EURUSD is trending slightly upward, the main support level is around 1.0850 and strong resistance is at 1.0970-1.10000
- RSI: fluctuates near the 55-60 zone, not overbought, still has room to increase
- MACD: is crossing the signal line - a potential bullish signal
EURUSD fluctuates around 1.0850 - 1.0960, with a slight upward trend thanks to
- US economic data is below expectations
- ECB maintains a mildly dovish stance, affirming that it will continue to monitor inflation instead of declaring an end to interest rate hikes
This week the market will focus on
- US CPI - which can cause strong fluctuations
- Some statements from ECB and FED members
- Geopolitical risks in the Middle East and Europe
2) Technical Analysis
- Trend: EURUSD is trending slightly upward, the main support level is around 1.0850 and strong resistance is at 1.0970-1.10000
- RSI: fluctuates near the 55-60 zone, not overbought, still has room to increase
- MACD: is crossing the signal line - a potential bullish signal
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Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.