简体中文
ภาษาไทย
繁體中文
Indonesia
EURUSD: highs move down
2022-12-12
1176
Fundamental analysis:
EUR/USD remained volatile around 1.05461. The European Central Bank may raise interest rates by 50 basis points, but it does not rule out the possibility of continuing to raise interest rates by 75 basis points. The underlying trend signals for the euro against the dollar are leaning bullish, with stubborn inflation expectations keeping policy makers in tightening mode, and the underlying trend signals for the euro are leaning bullish.
EURUSD—4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: high short-term shocks and retracements, the market's short-term momentum has signs of waiting for opportunities to enter the market, the MACD indicator is in the bullish area and moves down, and the RSI indicator is hovering weakly above the 50 balance line;
Long-short turning point: 1.05526
Suppression: 1.05741, 1.05943
Support: 1.05193, 1.04957
Trading strategy: bearish below 1.05526, target 1.05193, 1.04957
Alternative strategy: Bullish above 1.05526, target 1.05741, 1.05943
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
