EURUSD: Slight recovery
Updated
Hello dear friends!
Today, EURUSD continues to trade steadily around the 1.076 level, with not much variation as the week begins.
From the analysis chart, we can see that: EURUSD is still in a prolonged downward trend from last week, with a slight recovery from the support level of 1.074. The cautious sentiment from the Fed has made it difficult for the USD to find demand in the latter half of Thursday, resulting in a higher EUR/USD.
This week, we will still receive important news from the FOMC and the Fed, which will clarify the trend further. Karina will summarize them in upcoming articles. If you're interested, please follow and leave a like to receive the latest updates!
Today, EURUSD continues to trade steadily around the 1.076 level, with not much variation as the week begins.
From the analysis chart, we can see that: EURUSD is still in a prolonged downward trend from last week, with a slight recovery from the support level of 1.074. The cautious sentiment from the Fed has made it difficult for the USD to find demand in the latter half of Thursday, resulting in a higher EUR/USD.
This week, we will still receive important news from the FOMC and the Fed, which will clarify the trend further. Karina will summarize them in upcoming articles. If you're interested, please follow and leave a like to receive the latest updates!
Trade active
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.