EURUSD, neutral position
What to watch in the economic calendar on Monday? FOMC member speaks
reasons to buy:
TECHNICAL:
1) 20 ema support on 1 h time frame
2) the price did not fall below 2017 year bottom,
it is a good support point
3) RSI is in oversold territory on 1 day, week and all time frame
FUNDAMENTAL:
1)slowing global growth, high inflation
and the Fed's rate hike can cause
recession or a stagflation
SENTIMENTAL:
50 %
reasons to sell:
TECHNICAL:
1) rejected 20 ema resistance on 2h time frame
2) the dxy rose higher of 2017 year top
FUNDAMENTAL:
1) FED - hawkish, ECB - dovish
2) Ukraine crisis, energy shortage in EU
SENTIMENTAL:
50 %
reasons to buy:
TECHNICAL:
1) 20 ema support on 1 h time frame
2) the price did not fall below 2017 year bottom,
it is a good support point
3) RSI is in oversold territory on 1 day, week and all time frame
FUNDAMENTAL:
1)slowing global growth, high inflation
and the Fed's rate hike can cause
recession or a stagflation
SENTIMENTAL:
50 %
reasons to sell:
TECHNICAL:
1) rejected 20 ema resistance on 2h time frame
2) the dxy rose higher of 2017 year top
FUNDAMENTAL:
1) FED - hawkish, ECB - dovish
2) Ukraine crisis, energy shortage in EU
SENTIMENTAL:
50 %
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.
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.