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EURUSD is retesting 1.25 resistance ahead of US employment data to be released today. The Fed's decision supports us interest rates, but the lack and decline in demand for the dollar in Global Markets is pushing the currency upwards. Technically, the rising trend is protected. 1.2505 can be followed as the main resistance in the rise. Today, the data flow will be intense.
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NFP, AHEAD, EU CPI
The USD fell against most g-10 currencies, excluding the JPY, as global markets continued to drop on Wednesday. In US markets, heavy winter conditions that hit the country's Northeast have an impact on the operations. Today's announcement of the ADP as 250K above expectations, ahead of the NFP to be announced, has reduced global losses. Try was the em currency that gained the most by 0.9% gain against the USD. The negative impact of the market has not been permanent since Halkbank Gmy Hakan Atti…
EURUSD parity overview
EURUSD is testing 1.20 main resistance as it exceeds its previous peak. The pair has recently moved away from the US-Germany interest spread and its main source may be seen as dollar-based. Despite interest movements, the weakness of the dollar may also be considered as a return to the post-fed trend, but the political steps are effective in the dollar negative Movement as well as in the post-tax reform.
Daily Observation
Hi everyone, Here's a Market sentiment based on a price charts of 3 time frames, Monthly, Weekly, Daily
Valid for the date: Thu. 20 November.
Sincerely, Arthur/Marenno
Honestly, Tired of this congestion in EURUSD Hopefully everyone will benefit from it.
Valid for the date: Thu. 20 November.
Sincerely, Arthur/Marenno
Honestly, Tired of this congestion in EURUSD Hopefully everyone will benefit from it.
Daily Observation
Hi everyone, Here's a Market sentiment based on a price charts of 3 time frames, Monthly, Weekly, Daily
Valid for the date: Mon. 19 November.
Sincerely, Arthur/Marenno
Valid for the date: Mon. 19 November.
Sincerely, Arthur/Marenno
Daily Observation
Hi everyone, Here's a Market sentiment based on a price charts of 3 time frames, Monthly, Weekly, Daily
Valid for the date: Tue. 18 November.
Sincerely, Arthur/Marenno
Valid for the date: Tue. 18 November.
Sincerely, Arthur/Marenno
Daily Observation
Hi everyone, Here's a Market sentiment based on a price charts of 3 time frames, Monthly, Weekly, Daily
Valid for the date: Mon. 17 November.
Sincerely, Arthur/Marenno
Valid for the date: Mon. 17 November.
Sincerely, Arthur/Marenno