EUR/USD
outlook: Intraday 3646-66 is key level. Targets below are 3615, 3604,
3594, 3565 and 3545. Above targets are 3680, 3607, 3716, 3733 and 3776.
Today’s sensible range is 3594-3680. If gold stays above 1323 and S&P stay above 1974, sensible range should be considered as 3646-3716/33. If USD/JPY remains below 101.74, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 7980 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 3715, 3682, 3665 and 3636. 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.