简体中文
ภาษาไทย
繁體中文
Indonesia
EURUSD: High level oscillation
2022-11-15
1244
Fundamental analysis:
EURUSD remained volatile around 1.03281, and EURUSD has risen sharply. EURUSD is expected to rise to 1.05 before the beginning of December. Nevertheless, the market still expects the euro to fall to 0.97 against the dollar in three months. The rate increase of the Federal Reserve next year may exceed our and the market's current expectations. The interest rate difference between the euro and the US dollar may depress the euro against the US dollar.
EUR USD EURUSD - 4-hour K line chart shows:
Technical analysis:
The 4-hour chart shows that the short-term high level fluctuates in a narrow range, the overall market moves up and then reorganizes, the short-term or tangled high level hovers, the MACD index is in a high level, and the RSI index is in a narrow range in a long area;
Empty turning point: 1.03434
Pressing: 1.03824, 1.04218
Support: 1.02917, 1.02541
Trading strategy: bearish under 1.03434, target 1.02917, 1.02541
Alternative strategy: bullish above 1.03434, target 1.03824, 1.04218
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
