简体中文
ภาษาไทย
繁體中文
Indonesia
EURUSD: shock down
2022-12-20
1077
Fundamental analysis:
EUR/USD remained volatile around 1.06054. Investors worried that the Fed may continue to raise interest rates next year, leading to the risk of economic recession. The European Central Bank promised to continue to raise interest rates sharply, while announcing a quantitative tightening plan. The market believes that the European Central Bank will end the rate hike later than the Fed interest.
EURUSD—4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the high-level ladder-style shocks are slowly descending, and the market's high-level short sentiment is slowly emerging, but it is still in a weak position. The MACD indicator is in the bullish zone and hovers around the 0 axis, and the RSI indicator is in a weak order near the 50 balance line;
Long-short turning point: 1.16095
Suppression: 1.06385, 1.06676
Support: 1.05787, 1.05488
Trading strategy: bearish below 1.16095, target 1.05787, 1.05488
Alternative strategy: bullish above 1.16095, target 1.06385, 1.06676
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
