简体中文
ภาษาไทย
繁體中文
Indonesia
EURUSD: low step vibration down
2022-09-07
1003
Fundamental analysis:
EURUSD remained volatile around 0.99019, investors were preparing for the ECB meeting on Thursday, and the market had reflected that the possibility of raising interest rates by 75 basis points was close to 80%. The euro has depreciated by 20% in the past three months, and ECB officials will be anxious to see that the euro can stabilize.
EURUSD - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart, the short power is in a downward swing, the short-term decline has not stopped, the market is shrouded in short sentiment, the MACD index is in the short area, and the RSI index is in the weak position below the 50 equilibrium line;
Long short turning point: 0.99143
Pressing position: 0.99368, 0.99621
Support position: 0.98777, 0.98540
Trading strategy: bearish below 0.99143, target 0.98777, 0.98540
Alternative strategy: bullish above 0.99143, target 0.99368, 0.99621
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
