9.17 EURUSD Daily Review & Outlook
9.17 Friday, for the past 24 hours:
• EURUSD has dropped 48 pips against the previous day close;
• ↓ 70.2 pips High & Low extreme move, vs. 45.9 pips of 22 day Average Range.
Strength (0~10) Comparison:
• USD in early session STRONG 7.0 -> 8.2 STRONG of late session
• EUR in early session WEAK 1.9 -> 6.2 MEDIUM of late session
Market Focus & Moods:
• The better data sent the dollar higher today along with interest rates. The US dollar is ending the session as the strongest of the major currencies.
• Friday, light slate of data, morning 10am LDN European CPI;
Afternoon, 3pm US Michigan Consumer Sentiment
Next Step:
• Due to Quadruple Witching day tomorrow, I expect a test:
- Resistances 1st 1.1775, 2nd 1.1793, 3rd 1.1800;
- Support at 1st 1.1763, 2nd 1.1750, 3rd 1.1735;
- Close around 1.1750~ 1.1775 area.
• EURUSD has dropped 48 pips against the previous day close;
• ↓ 70.2 pips High & Low extreme move, vs. 45.9 pips of 22 day Average Range.
Strength (0~10) Comparison:
• USD in early session STRONG 7.0 -> 8.2 STRONG of late session
• EUR in early session WEAK 1.9 -> 6.2 MEDIUM of late session
Market Focus & Moods:
• The better data sent the dollar higher today along with interest rates. The US dollar is ending the session as the strongest of the major currencies.
• Friday, light slate of data, morning 10am LDN European CPI;
Afternoon, 3pm US Michigan Consumer Sentiment
Next Step:
• Due to Quadruple Witching day tomorrow, I expect a test:
- Resistances 1st 1.1775, 2nd 1.1793, 3rd 1.1800;
- Support at 1st 1.1763, 2nd 1.1750, 3rd 1.1735;
- Close around 1.1750~ 1.1775 area.
Publications connexes
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.