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EUR/USD retreats on USD strength, ahead of ECB MinutesThe EUR/USD is trading in the mid 1.1500s on broad USD strength. The greenback advances on the back of the optimistic FOMC Minutes. In addition, the US went forward with imposing fresh tariffs on China. EZ PMI data was mixed.The ECB Meeting Minutes are awaited.
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The Federal Reserve's record indicates a confirmed increase in US
The Fed said it planned to raise interest rates in June, saying it would allow inflation to rise above the bank's 2% target as the economy continues to recover.The minutes of the Fed meeting from early May, released on Wednesday, showed most members believe the policy committee is likely to take another step towards getting rid of easy monetary policies if the information matches the economic outlook.The record points to a high level of controversy over the Bank's approach to inflation.Members a…
EUR/ US
The reason is that the euro is about to fall because the big FRAM has been forced on the chart to show the most levels and as I said yesterday that 1.1470 is required to be price action, it is possible to complete the climb to 1.1570 if it is not price action pattern , I think it will be a bearish wedge. Correction of large wave up to 400 points, God willing
EUR/ USD
With the fact that important indicators over the past week give a strong boost to the euro
But the obsession with the stability of the federal interest rate or not is a very influential factor and preliminary readings of data from the United States of America positive in the unemployment rate and employment confirm that the rise of the euro dollar for a short period in preparation for a natural landing pure and next week we will further increase the levels of We expect the price to reach 1.1380 …
But the obsession with the stability of the federal interest rate or not is a very influential factor and preliminary readings of data from the United States of America positive in the unemployment rate and employment confirm that the rise of the euro dollar for a short period in preparation for a natural landing pure and next week we will further increase the levels of We expect the price to reach 1.1380 …
EUR/USD
Euro
A trade surplus and an improvement in GDP
On the other hand, the decline in the construction of new houses and industrial production positive for the dollar I expect the beginning of the market movement during the Asian period because news related to foreign investment of China may turn the markets because it is expected to come negative
And do not forget that there is a gap that should cover
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart PatteN
A trade surplus and an improvement in GDP
On the other hand, the decline in the construction of new houses and industrial production positive for the dollar I expect the beginning of the market movement during the Asian period because news related to foreign investment of China may turn the markets because it is expected to come negative
And do not forget that there is a gap that should cover
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart PatteN
Exchange rate forEUR/USD
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Patte
Horizontal and vertical lines
Support and resistance lines
Chart Patte
Exchange rate forEUR/USD
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Patten
Horizontal and vertical lines
Support and resistance lines
Chart Patten
Exchange rate for EUR/USD
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Patter
Horizontal and vertical lines
Support and resistance lines
Chart Patter
Exchange rate for EUR/USD
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
Price action entry EUR/ USD in 1.1010
Tools Used
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
Better entry levels, as shown in the chart
Horizontal and vertical lines
Support and resistance lines
Chart Pattern
Better entry levels, as shown in the chart