empty
 
 
cn
支持
即时开户
交易平台
入金/出金

26.01.202408:02 Forex Analysis & Reviews: Hot forecast for EUR/USD on January 26, 2024

Christine Lagarde did not specify any specific date for the start of the European Central Bank's interest rate cut cycle, but she reaffirmed her remarks that borrowing costs could be lowered in the near future. Judging by the interest rate futures, most market participants are already assuming that the first rate cut will not take place in the summer, but in April. So, it's not surprising that the euro has firmly moved lower. It appears to be just the beginning of a fairly prolonged trend. Of course, there will be various stops and rebounds along this path, but this will be purely local.

Exchange Rates 26.01.2024 analysis

The EUR/USD pair, during market speculation, returned to the levels seen at the beginning of the trading week, indicating an increase in the volume of short positions.

On the four-hour chart, the RSI indicator is moving in the lower area of 30/50, confirming the increase in selling volumes.

On the same chart, the Alligator's MAs are headed downwards, corresponding to the current cycle.

Outlook

Keeping the price below 1.0850 may extend the downtrend, thereby strengthening short positions. However, in case the price returns above this level, we may witness a scenario similar to the beginning of the trading week.

The complex indicator analysis points to a downtrend in the short-term and intraday periods.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Dean Leo,
Analytical expert of InstaSpot
© 2007-2025
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。

展示更多
现在无法通话?
提出您的问题,用 在线帮助.