Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
AceTraderFx : Daily Recommendations on Major
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="AceTRaderForex, post: 197488, member: 22847"] [B]AceTraderFx [COLOR="darkred"]July 16: [/COLOR] Daily Recommendations on Major -EUR/USD [ATTACH type="full"]18827[/ATTACH] DAILY MARKET OUTLOOK on Major[/B] Update Time[B]: 16 July 2021[/B] [I]03:00GMT[/I] EUR/USD - 1.1812 Euro's decline on Thursday from 1.1850 to 1.1793 in New York due to safe-haven usd and yen buying strongly suggests correction from Tuesday's 3-month low at 1.1773 has ended and recent erratic fall would resume after initial consolidation, however, loss of downward momentum should keep price well above 2021 bottom at 1.1705 (March) and bring minor correction. On the upside, only above 1.1850 'prolongs' volatile trading above 1.1773 and risks stronger retracement, reckon res at 1.1994 should cap upside and yield retreat early next week. The euro area countries will release a slew of eco. data, please refer to our Economic Indicators page for details. Next week's major focus is Thursay's ECB monetary policy meeting and forward guidance which may pave the way for next euro's major move. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…