Financial Digest

EUR/USD Forecast: Continues to Hang Onto the 200-Day EMA

  • 📰 Daily_Forex
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

$EURUSD Continues to Hang Onto the 200-Day EMA

SubscribeWe commit to never sharing or selling your personal information

However, with Jerome Powell suggesting that interest rates in America will continue to climb, and perhaps even at a faster pace than originally thought, it makes sense that the US dollar might gain momentum. Either way, it is likely that the market will try to get down there given enough time, so traders should consider selling rallies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 567. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EUR/USD Price Analysis: Support structure stands in the way of a full blown breakoutEUR/USD was little changed at 1.0547 but it fell to 1.0524 was trading just above this year's low of 1.04820 reached on Jan. 6. after Federal Reserve
Source: FXStreetNews - 🏆 14. / 72 Read more »

EUR/USD risks a gradual decline to 1.0485 – UOBFurther weakness could drag EUR/USD to the 1.0485 level in the next weeks, suggest UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser L
Source: FXStreetNews - 🏆 14. / 72 Read more »