Kami lebih daripada sekadar broker. Kami adalah ekosistem dagangan serba ada—semua yang anda perlukan untuk menganalisis, berdagang, dan berkembang ada di satu tempat. Sedia untuk tingkatkan dagangan anda?
EUR/USD might see further gains above 1.0755 – FXStreet
FXStreet (Barcelona) - With EUR/USD having boosted by the soft US data, Valeria Bednarik, Chief Analyst at FXStreet, notes 4H technicals suggest further gains might be seen in the pair on a break above 1.0755.
Key Quotes
“The dollar is in sell-off mode this Thursday, strongly down ahead of US opening. The American currency was hit during the Asian session by up beating Australian employment figures, whilst oil reaching fresh year highs above $56.00 a barrel late Wednesday added to dollar's bearishness.”
“The EUR/USD pair fell down to 1.0623 with the European opening, as risk of a Greece default continues to menace the common currency. Nevertheless, the pair surged up to 1.0746 on broad dollar weakness, as there were no relevant macroeconomic releases in Europe.”
“In the US, housing starts increased less than expected in March, 0.926M against 1.040M, whilst building permits also decreased; weekly unemployment rates rose to 294K, all of which favored additional dollar declines, with the EUR/USD advancing up 1.0765, briefly surpassing the 50% retracement of its latest bullish run.”
“Technically, the 1 hour chart shows that the price is above its moving averages, whilst the technical indicators are losing upward potential above their mid-lines, limiting chances of additional advances.”
“In the 4 hours chart however, the technical indicators maintain a strong upward momentum whilst the 20 SMA provided intraday support around the mentioned daily low, favoring renewed advances particularly if the pair manages to regain the 1.0755 Fibonacci level.”