empty
 
 
ms
Sokongan
Pembukaan akaun segera
Platform dagangan
Deposit/Pengeluaran

08.11.202213:05 Analisis Forex & Kajian: EUR shows range trading ahead of US midterm election

Exchange Rates 08.11.2022 analysis

EUR/USD

The euro is seem to be trading in the 0.9750-1.0050 range.

Expectations that the ECB may raise the interest rate by 0.75% at the next meeting provide support for the euro although the currency is now hovering around its all-time lows against the dollar.

At the same time, the instrument has strong resistance on its way. Indeed, the US Federal Reserve is likely to remain aggressive. The regulator is anticipated to lift interest rates by 0.75% or at least 0.5% in December.

Therefore, we may observe such a price range on the chart.

Final thoughts:

Consider selling EUR at 1.0050, the upper limit of the range, and above.

Likewise, it will be possible to go short after a breakout through today's low.

* Analisis pasaran yang disiarkan di sini adalah bertujuan untuk meningkatkan kesedaran anda, tetapi tidak untuk memberi arahan untuk membuat perdagangan.

Jozef Kovach,
Analytical expert of InstaSpot
© 2007-2024
Dapatkan manfaat daripada cadangan penganalisis sekarang
Menambah semula akaun dagangan
Buka akaun dagangan

Kajian analisis InstaSpot akan membuat anda mengetahui sepenuhnya aliran pasaran! Sebagai pelanggan InstaSpot, anda disediakan sejumlah besar perkhidmatan percuma untuk dagangan yang cekap.

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.