简体中文
ภาษาไทย
繁體中文
Indonesia
EURUSD: High rise
2022-12-02
1172
Fundamental analysis:
EUR/USD remained volatile around 1.05255, and the downturn in the manufacturing sector in the euro zone eased in November, which is gratifying. That would support hopes that the region might not face the severe winter slump that many had expected.
EURUSD—4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: The bullish momentum is strong and rising, short-term bullish sentiment emerges, the MACD indicator is in the bullish zone and continues to move upward, and the RSI indicator is in the bullish zone in a narrow range;
Long-short turning point: 1.05125
Suppression: 1.05496, 1.05697
Support: 1.04945, 1.04702
Trading strategy: Bullish above 1.05125, target 1.05496, 1.05697
Alternative strategy: bearish below 1.05125, target 1.04945, 1.04702
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
