OctaFX | OctaFX Forex Broker
    登录
      开通账户
      Back

      EUR/USD price action offers mixed signals

      FXStreet (Guatemala) - EUR/USD is trading at 1.3374, up 0.07% on the day, having posted a daily high at 1.3409 and low at 1.3348.

      EUR/USD has given up it’s mask and settles back into a consolidation level on familiar territory after the rally through the 1.34 handle, failing with noncommittal bulls post disappointing GDP and inflation results earlier. Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank said that EUR’s reaction suggested that much of the bad news was priced in—likely on the back of softer than expected CPI prints from Germany and France, disappointing German industrial production and last week’s evidence that Italy had fallen into a recession. “EUR’s reaction also warns that there is some hesitancy to build on existing EUR short positions”. Nevertheless, the downside shows resilience and Camilla Sutton further added that the key level is 1.3333, the low from August 6th, and said a test below here would open up further near-term downside risk.” However should it hold it confirms a period of rest for EUR."

      EUR/USD hourly levels

      Spot is presently trading at 1.3374, and next resistance can be seen at 1.3380 (Hourly 200 SMA), 1.3392 (Weekly Classic PP) and 1.3407 (Daily Classic R1). Support below can be found at 1.3372 (Hourly 20 EMA), 1.3365 (Daily Open), 1.3363 (Weekly Low) and (YTD Low).

      EUR/GBP rises to 0.8034, 2-month high

      The EUR/GBP continue to rise on Thursday after soaring on Wednesday and reached at 0.8034, the strongest level in two months.
      了解更多 Previous

      AUD heading towards 0.9000? - Rabobank

      Analysts at Rabobank explained that the RBA’s downward revisions to both GDP and CPI inflation forecasts last week make clear the concerns of the central bank.
      了解更多 Next
      开始在线聊天