• EUR/USD’s hourly c...من Sajidoonktk

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Sajidoonktk

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المزيد

Heads up for a EUR/USD battle for 1.09 Activity in the euro should pick up on approach to the European and then UK morning trade in coming hours. 1.09 and thereabouts should be a battle zone.

Sajidoonktk

EUR/USD testing multi-year lows on resurgent USD demand EUR/USD came under fresh selling pressure and tests the multi-year lows sub-1.0900 amid the US Dollar's rise to fresh cycle highs in the DXY. Meanwhile, Germany's soft inflation data continues to weigh heading into the Eurozone Preliminary CPI release.

Sajidoonktk

The EUR/USD pair dropped to 1.0883 reaching a fresh two-year low. Then it rebounded rising toward the 1.0915 area. Now it is hovering around 1.0900, holding a bearish tone as the US Dollar strengthens.

Sajidoonktk

EUR/USD longs at 1.1010/00 work perfectly as we hit 1.1050/60 and 1.1075/85, perhaps as far as 1.1110/20 today. Exit any remaining longs and try shorts with stops above 1.1140.

Sajidoonktk

· GBP/USD started a downside correction from the 1.2700 resistance. · There are many supports near the 1.2500 and 1.2420 levels.

Sajidoonktk