EUR/USD
outlook: Intraday 3765-89 is key level. Targets below are 3746-33,
3718-12, 3682 and 3661. Above targets are 3807, 3825-30, 3865 and 3912.
Today’s sensible range is 3712-3807. If gold stays above 1291 and S&P stay above 1868, sensible range should be considered as 3765-3830/65. If USD/JPY remains below 103.14, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8274 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 3831, 3789 and 3765. 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 3831, 3789 and 3765. 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.
No comments:
Post a Comment
Feel free to comment.