EUR/USD daily chart The pair has put up quite a recovery this week, moving off the lows near 1.0800 after being pressured at the figure level and the 200-day moving average (blue line). Buyers are now trying to push the agenda, knocking on the door of the 100-day moving average (red line) at 1.0924 currently.
Share: EUR/JPY takes offers to refresh intraday high while reversing from multi-year high. Nine-week-old ascending resistance line restricts immediate upside amid sluggish MACD. Convergence of 10-DMA, monthly support line joins upbeat RSI to keep buyers hopeful. Upbeat Eurozone CPI, HICP data for August can bolster hawkish bias about ECB and restore upside. EUR/JPY
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Prior 50.9 Manufacturing PMI 43.7 vs 42.6 expected Prior 42.7 Composite PMI 47.0 vs 48.5 expected Prior 48.6 The services and composite readings are at 30-month and 33-month lows respectively. That is the key thing to note as the euro area economy is slumping further in August. The ECB is going to have a tough
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Share: EUR/USD remains sidelined after reversing Friday’s corrective bounce off three-week low the previous day. Upbeat Eurozone data jostles with fresh challenges to risk to test Euro bears. Final readings of Germany’s HCOB Manufacturing PMI, US S&P Global PMIs and ISM Manufacturing PMI for July will be in focus. Retreat in hawkish Fed
Share: The ECB delivered a 25 bps rate hike as expected. Economists at Société Générale expect one more 25 bps hike from the ECB in September. ECB moves to full data dependency The ECB hiked rates by another 25 bps, as signalled in June, taking the deposit rate to 3.75%. Instead of signalling
European Monetary Union CFTC EUR NC Net Positions: €177.2K vs previous €178.8K . لینک منبع : هوشمند نیوز
