EURUSD / US Dollar Slips as Markets Brace for Powell’s Speech
US Dollar Declines Early Friday as Markets Await Powell’s Speech
Next Outlook:
The market is currently navigating a crucial zone between 1.10820 and 1.11400. A break above or below this range will likely determine the next directional move. If the price stabilizes above 1.11410, it could signal a potential rally towards 1.12560. Conversely, if the price remains below 1.10820, we may see a decline towards 1.09150.
Jerome Powell's upcoming speech is highly anticipated, as any mention of a rate cut could significantly impact market direction.
Key Levels:
- Pivot Line: 1.1100
- Resistance Levels: 1.11950, 1.12560, 1.1350
- Support Levels: 1.1080, 1.09960, 1.09150
The expected trading range for today is between 1.0900 and 1.12560.
Next Outlook:
The market is currently navigating a crucial zone between 1.10820 and 1.11400. A break above or below this range will likely determine the next directional move. If the price stabilizes above 1.11410, it could signal a potential rally towards 1.12560. Conversely, if the price remains below 1.10820, we may see a decline towards 1.09150.
Jerome Powell's upcoming speech is highly anticipated, as any mention of a rate cut could significantly impact market direction.
Key Levels:
- Pivot Line: 1.1100
- Resistance Levels: 1.11950, 1.12560, 1.1350
- Support Levels: 1.1080, 1.09960, 1.09150
The expected trading range for today is between 1.0900 and 1.12560.
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
Urgent News ⚡️:
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my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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.