EUR/USD
outlook: Intraday 3594-3618 is key level. Targets below are 3572, 3558,
3545, 3528 and 3506. Above targets are 3639, 3653, 3677-82, 3702 and
3729. Today’s sensible range is 3572-3677/82. If gold stays below 1260 and S&P stay below 1911, sensible range should be considered as 3545-3618/39. If USD/JPY remains below 101.82, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8130 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 3617, 3649 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. #forex #forex_trading #eurusd
No comments:
Post a Comment
Feel free to comment.