9.16 EURUSD Daily Review & Outlook
9.16 Thursday, for the past 24 hours:
• EURUSD has risen 11 pips against the previous day close; missed target set yesterday, due to 1.1800 proved to be a concrete wall.
• ↑ 33 pips High & Low extreme move, vs. 46.3 pips of 22 day Average Range.
Strength (0~10) Comparison:
• USD in early session WEAK 2.1 -> 3.2 WEAK of late session
• EUR in early session MEDIUM 5.0 -> 3.1 WEAK of late session
Market Focus & Moods:
• FX market has very little change since yesterday. But outside FX, market moods are more constructive.
• Thursday, morning 7am LND EU New Car Registration, 10am Trade Balance;
Afternoon, 1:30pm US Ini. Jobless Claims / Retail Sales ; 3:00 US Business Inventories.
Next Step:
• Due to 1.1800 is a concrete wall, I expect a test:
- Resistances 1st 1.1822, 2nd 1.1835, 3rd 1.1850 (strong);
- Support at 1st 1.1812, 2nd 1.1800 (strong);
- Close around 1.1850 ~ 1.1825 area.
• EURUSD has risen 11 pips against the previous day close; missed target set yesterday, due to 1.1800 proved to be a concrete wall.
• ↑ 33 pips High & Low extreme move, vs. 46.3 pips of 22 day Average Range.
Strength (0~10) Comparison:
• USD in early session WEAK 2.1 -> 3.2 WEAK of late session
• EUR in early session MEDIUM 5.0 -> 3.1 WEAK of late session
Market Focus & Moods:
• FX market has very little change since yesterday. But outside FX, market moods are more constructive.
• Thursday, morning 7am LND EU New Car Registration, 10am Trade Balance;
Afternoon, 1:30pm US Ini. Jobless Claims / Retail Sales ; 3:00 US Business Inventories.
Next Step:
• Due to 1.1800 is a concrete wall, I expect a test:
- Resistances 1st 1.1822, 2nd 1.1835, 3rd 1.1850 (strong);
- Support at 1st 1.1812, 2nd 1.1800 (strong);
- Close around 1.1850 ~ 1.1825 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.