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Week Ahead: EURUSD to react to ECB policy clues, US inflation
EURUSD is set to face two major catalysts in the coming week that could whether whether the world’s most popularly-traded currency pair could launch higher past its 50-day moving average and reclaim the 1.09 mark.
Mid-week Technical Outlook: Keep an eye on the trend!
A sense of tension gripped financial markets on Wednesday as inflation jitters, recession fears, and worries about rising interest rates left investors on edge.
The EURUSD currency pair on the D1 time frame was in a lengthy uptrend until a last higher top formed at 1.10329 on 2 February. The bears found price attractive at those levels and supply started overcoming demand.
The EURUSD currency pair on the Weekly (W1) time frame was in an exceptionally long downtrend until a last lower bottom formed on 25 September at 0.95347.
EURUSD is set to face two major catalysts in the coming week that could whether whether the world’s most popularly-traded currency pair could launch...
EURUSD
Euro
ECB
European Central Bank
rate hike
inflation
Ukraine crisis
FED
FOMC
A sense of tension gripped financial markets on Wednesday as inflation jitters, recession fears, and worries about rising interest rates left investor...
The EURUSD currency pair on the D1 time frame was in a lengthy uptrend until a last higher top formed at 1.10329 on 2 February. The bears found price ...
The EURUSD currency pair on the Weekly (W1) time frame was in an exceptionally long downtrend until a last lower bottom formed on 25 September a...
EURUSD
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