简体中文
ภาษาไทย
繁體中文
Indonesia
EURUSD: Move up after sorting out the huge earthquake
2022-10-14
1092
Fundamental analysis:
The euro remained volatile against the US dollar at 0.97702. After the US CPI rose 0.1% month on month and 8.3% year on year in August, the CPI in September is expected to rise 0.2% and 8.1% respectively. If the actual data is higher than the estimate, the EURUSD may fall below 0.9650 and slide to a low of 0.9528 in 2022 and 20 years.
EUR USD EURUSD - 4-hour K line chart shows:
Technical analysis:
The 4-hour chart shows that after the short-term narrow range consolidation, a huge earthquake began. The bulls waited for the opportunity to enter the market and moved up strongly. The market bullish mood began to heat up. The MACD index maintained its consolidation and moved up to the 0 axis and hovered around. The RSI index was at the 50 equilibrium line and the market was weak;
Empty turning point: 0.97621
Pressing: 0.97967, 0.98260
Support: 0.97337, 0.97017
Trading strategy: bullish above 0.97621, target 0.97967, 0.98260
Alternative strategy: bearish at 0.97621, target 0.97337, 0.97017
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
