Sell EURUSD Triangle Pattern
EUR/USD Trading Sideways: The pair remains stuck between 1.0930 and 1.0960, struggling for direction despite recent developments. Here are the key factors influencing the current situation:
Bullish Factors:
Softer Fed rhetoric: The perceived shift towards a less hawkish Federal Reserve has weakened the US dollar and boosted the euro.
ECB hawkishness: The European Central Bank's commitment to further rate hikes provides some support for the euro.
Risk appetite: A cautious improvement in global risk sentiment slightly benefits the euro.
Bearish Factors:
German concerns: Weak German Ifo business confidence data raises concerns about the eurozone's economic outlook.
Geopolitical uncertainties: Ongoing global tensions, including the war in Ukraine, remain a source of risk aversion and could weigh on the euro.
Profit-taking: After the recent rally, some profit-taking could be pushing EUR/USD lower.
EUR/USD Trading Sideways: The pair remains stuck between 1.0930 and 1.0960, struggling for direction despite recent developments. Here are the key factors influencing the current situation:
Bullish Factors:
Softer Fed rhetoric: The perceived shift towards a less hawkish Federal Reserve has weakened the US dollar and boosted the euro.
ECB hawkishness: The European Central Bank's commitment to further rate hikes provides some support for the euro.
Risk appetite: A cautious improvement in global risk sentiment slightly benefits the euro.
Bearish Factors:
German concerns: Weak German Ifo business confidence data raises concerns about the eurozone's economic outlook.
Geopolitical uncertainties: Ongoing global tensions, including the war in Ukraine, remain a source of risk aversion and could weigh on the euro.
Profit-taking: After the recent rally, some profit-taking could be pushing EUR/USD lower.
עסקה פעילה
עסקה סגורה: הגיע לסטופ
👉👉 Join My Telegram Channel :
✳️✳️ Free Forex Signals & Technical Chart : telegram.me/kabhifx
📞📞Whatsapp me @ (+91) 97888-12123
✳️✳️ Free Forex Signals & Technical Chart : telegram.me/kabhifx
📞📞Whatsapp me @ (+91) 97888-12123