EUR/USD
outlook: Intraday 3611-37 is key level. Targets below are 3594, 3558,
3545 and 3522-18. Above targets are 3654, 3670, 3682 and 3702. Today’s
sensible range is 3558-3637. If gold stays above 1254 and S&P stay above 1918, sensible range should be considered as 3594-3670/82. If USD/JPY remains below 101.76, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8112 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 3611, 3637, 3663 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.