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Technical Analysis
AceTraderFx : Daily Recommendations on Major
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[QUOTE="AceTRaderForex, post: 200852, member: 22847"] [B]AceTraderFx[COLOR="darkred"] Oct 26: [/COLOR]Daily Recommendations on Major -EUR/USD [ATTACH type="full"]19357[/ATTACH] DAILY MARKET OUTLOOK on Major[/B] Update Time[B]: 26 Oct 2021[/B] [I]03:00GMT[/I] EUR/USD - 1.1603 Euro's intra-day fall from 1.1664 (Asia) and then subsequent break of 1.1617 sup in New York on Monday due to broad-based rebound in usd suggests the daily choppy sideways swings from last Tuesday's near 3-week peak at 1.1669 had ended, a daily close below 1.1591 signals correction from October's 14-month trough at 1.1525 has ended and re-test of this keep level would be seen later this week. On the upside, only intra-day move back above 1.1650/55 aborts bearishness on euro and may risk re-test of 1.1669. [B]Data to be released on Tuesday:[/B] U.S. building permits, redbook, monthly home price, consumer confidence, new home sales and Richmond Fed manufac [/QUOTE]
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