简体中文
ภาษาไทย
繁體中文
Indonesia
EURUSD: low volatility
2023-05-28
797
Fundamental analysis:
EUR/USD remained volatile around 1.07289, European Central Bank Chief Economist Lien En: Inflation will return to target in time, economic growth is expected to slow this year, food inflation will reverse later this year, and real wage adjustments must be a gradual process.
EURUSD—4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: The short-term momentum remains volatile at a low level, the short-term decline has weakened but the downward trend remains, the MACD indicator is in the short-selling area, and the RSI indicator is in a weak order below the 50 balance line;
Resistance levels: 1.07528 1.07702
Support levels: 1.07084 1.06940
Trading strategy: bearish below 1.07354, target 1.07084 1.06940
Alternative strategy: Bullish above 1.07354, target 1.07528 1.07702
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
