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Technical Analysis
AceTraderFx : Daily Recommendations on Major
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[QUOTE="AceTRaderForex, post: 213039, member: 22847"] [B]AceTraderFx[COLOR="darkred"] Sept 19: [/COLOR]Daily Recommendations on Major -EUR/USD [ATTACH type="full"]22630[/ATTACH] DAILY MARKET OUTLOOK on Major[/B] Update Time: [B]19 Sept 2022[/B] [I]03:00GMT[/I] EUR/USD - 1.0014 Although euro's selloff from last Monday's 3-week top at 1.0197 to 0.9945 on Friday suggests correction from September's fresh 20-year bottom at 0.9865 has ended, subsequent rebound to 1.0036 in New York may head back to 1.0055/65 before down, below 0.9990/94 would head to 0.9945/55 but break needed for 0.9905/15. On the upside, only a daily close above 1.0101/05 would risk stronger gain towards 1.0141 but 1.0197 should hold. [B]Data to be released later:[/B] New Zealand business NZ PSI. U.K. market holiday, Japan market holiday, EU construction output. Canada producer prices and U.S. NAHB housing market index on Monday. [/QUOTE]
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