EUR/USD
outlook: Intraday 3735-65 is key level. Targets below are 3718, 3703,
3682, 3642 and 3611. Above targets are 3779-87, 3804, 3815, 3837 and
3865. Today’s sensible range is 3682-3779. If gold stays above 1302 and S&P stay above 1854, sensible range should be considered as 3718-3815. If USD/JPY remains below 102.08, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8283 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 3778, 3731 and 3682. 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 3778, 3731 and 3682. 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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