Good day traders, believe you are doing well. Set to trade again? Excellent, let me share analysis on EURUSD for you.

EURUSD fell dramatically for wider than 65 pips to trade nearby 1.0675. Recently, following in the New York session, the pair lost ground and shifted below 1.0700 hurdles. The selling pressure, though, decreased after the US monetary discharges that demonstrated week by week jobless cases for the week finished Jan. 20 climbed more-than-anticipated to 259K when contrasted with 247K expected and 234K detailed in the earlier week. In the interim, the US exchange adjusts for December came into demonstrating a shortage of $65 billion, coordinating earlier month’s $65 billion.
Technically, The RSI value has shifted to 61 from 54 in H4. Moreover, the pair has a resistance around 1.07250 and 1.0760, while the intra-day support prevails at 1.0660 and 1.06200.

EUR
M3 Money Supply y/y
Private Loans y/y
ECOFIN Meetings

USD
Advance GDP q/q
Core Durable Goods Orders m/m
Advance GDP Price Index q/q
Durable Goods Orders m/m
Revised UoM Consumer Sentiment
Revised UoM Inflation Expectations

Trading Range:
1.0850 – 1.0500
Support & Resistance Levels
R3: 1.0799
R2: 1.0752
R1: 1.0723
Pivot Point: 1.0676
S1: 1.0629
S2: 1.06
S3: 1.0553
Recommendation
Sell Below: 1.0710
Take Profit:
1st @ 1.0650
Stop Loss @ 1.0725

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