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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 189959, member: 22847"] [B]AceTraderFx[COLOR="darkred"] [B]Jan 11[/B]:[B] [/B][/COLOR]Intra-Day News and Views & data to be released today – EUR/USD Intra-Day Market Moving News and View[/B] Update Time[B]: 11 Jan 2021 [/B][I]05:30GMT[/I] EUR/USD - 1.2176.. The euro regained traction in NY afternoon Fri after intra-day wild swings following release of key U.S. jobs report. Price penetrated Fri's 1.2193 low ahead of Asian open on renewed usd's strength n hit an intra-day low of 1.2168 in Asia. As euro's break of 1.2210 sup on Fri confirms MT uptrend has made a temp. top at Wed's 33-month peak at 1.2349, downside bias remains for a stronger retracement to 1.2153, then next chart obj. at 1.2131, therefore, selling euro on recovery is recommended. Order board is pretty empty as market in Japan is closed for holiday. Some offers are tipped at 1.2210/20 and more above while some bids are noted at 1.2165/55 with stops touted below 1.2130. The only data due out from the euro area countries is EU's Sentix investors' confidence index at 09:30GMT. [/QUOTE]
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