EUR/USD
outlook: Intraday 3798-3807 is key level. Targets below are 3774-65,
3733, 3718, 3706 and 3682. Above targets are 3825-30, 3849, 3865 and
3910. Today’s sensible range is 3718-3807/25. If gold stays above 1310 and S&P stay above 1859, sensible range should be considered as 3765-3849. If USD/JPY remains below 102.27, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8318 and GBP/USD is in bullish mode,
EUR/USD might remain under pressure or vice versa. If the market goes
out of these ranges stay away from it as that will be an abnormal
behavior from intraday trading perspective.
From trend follow-up perspective important closing rates are > or < areas of 3825, 3798 and 3736. Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial. The analysis given is not trading signals but the market picture.
From trend follow-up perspective important closing rates are > or < areas of 3825, 3798 and 3736. Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial. The analysis given is not trading signals but the market picture.
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