empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

19.04.202405:03 Forex Analysis & Reviews: Forecast for EUR/USD on April 19, 2024

EUR/USD

As anticipated in yesterday's review, the euro and other counter-dollar currencies have used up all their strength to rise on Wednesday while risk appetite was broadly declining. So yesterday, the euro fell by 29 pips. Stock markets and oil also continued to decline.

Exchange Rates 19.04.2024 analysis

Economic indicators from the US came out strong; initial claims for state unemployment benefits were at 212,000, against a forecast of 215,000, and the Philadelphia Fed Manufacturing Index rose from 3.2 to 15.5 points in April. Market expectations for a rate cut slightly increased for the November meeting, from 41.5% to 42.7%.

In today's Pacific session, the quote broke below the 1.0636/56 range. The pair can now aim for 1.0567.There are no economic reports scheduled for today, so the price may continue to decline following yesterday's momentum.

Exchange Rates 19.04.2024 analysis

On the 4-hour chart, we can see that the euro recently ascended below the balance indicator line, indicating a corrective movement. The signal line of the Marlin oscillator is still within the uptrend territory. To completely form a bearish signal, the price must consolidate below the lower boundary of the range, at which point Marlin will enter the downward territory.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2024
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.