9.28 EURUSD Daily Review & Outlook
9.28 Tuesday, for the past 24 hours:
• EURUSD has dropped 23 pips against the previous day close; missed target set yesterday, stay below it.
• ↓ 42.4 pips High & Low extreme move, vs. 48 pips of 22 day Average Range.
Strength (0~10) Comparison:
• USD in early session MEDIUM 5.2 -> 4.2 MEDIUM of late session
• EUR in early session MEDIUM 4.8 -> 2.2 WEAK of late session
Market Focus & Moods:
• Fed officials spoke specifically to rate changes not being anytime soon, and 3 of retirements announcements. Durable goods came in better than expected at 1.8% versus 0.7%. However, ex transportation, the number came in weaker than expected 0.2% versus 0.5% estimate. Which EURUSD reacted 20 pips up and down in the afternoon.
• Tuesday, Morning, LDN 7:0-45am German/France Consumer Confidence, 9am Austria Manuf. PMI, ECB Forum
Afternoon, 1pm ECB Pres. Lagarde Speech, 1:30pm US Goods Trade Balance; 2pm US Home Price Index, 3pm US Consumer Confidence, Fed Chair Powell Testimony. It's a busy day.
Next Step:
• Due to important event and many data I expect a higher volatility:
- Resistances 1st 1.1710, 2nd 1.1725(strong), 3rd 1.1750;
- Support at 1st 1.1690, 2nd 1.1685, 3rd 1.1665(strong);
- Close around 1.1710~ 1.1735 area.
• EURUSD has dropped 23 pips against the previous day close; missed target set yesterday, stay below it.
• ↓ 42.4 pips High & Low extreme move, vs. 48 pips of 22 day Average Range.
Strength (0~10) Comparison:
• USD in early session MEDIUM 5.2 -> 4.2 MEDIUM of late session
• EUR in early session MEDIUM 4.8 -> 2.2 WEAK of late session
Market Focus & Moods:
• Fed officials spoke specifically to rate changes not being anytime soon, and 3 of retirements announcements. Durable goods came in better than expected at 1.8% versus 0.7%. However, ex transportation, the number came in weaker than expected 0.2% versus 0.5% estimate. Which EURUSD reacted 20 pips up and down in the afternoon.
• Tuesday, Morning, LDN 7:0-45am German/France Consumer Confidence, 9am Austria Manuf. PMI, ECB Forum
Afternoon, 1pm ECB Pres. Lagarde Speech, 1:30pm US Goods Trade Balance; 2pm US Home Price Index, 3pm US Consumer Confidence, Fed Chair Powell Testimony. It's a busy day.
Next Step:
• Due to important event and many data I expect a higher volatility:
- Resistances 1st 1.1710, 2nd 1.1725(strong), 3rd 1.1750;
- Support at 1st 1.1690, 2nd 1.1685, 3rd 1.1665(strong);
- Close around 1.1710~ 1.1735 area.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.