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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 197872, member: 22847"] [B]AceTraderFx [COLOR="darkred"]July 29: [/COLOR] Intra-Day News and Views & data to be released today –EUR/USD Intra-Day Market Moving News and Views[/B] Update Time:[B] 29 July 2021 [/B][I]05:30GMT[/I] EUR/USD - 1.1854.. The single currency continued o/n strong gain in post-FOMC New York n easily penetrated Wednesday's 1.1849 top to a 2-week high of 1.1857 in Asian morning due to renewed usd's weakness. As Wednesday's close above 1.1830 (last week's high) following dovish comments by Fed's J. Powell in post-FOMC press conference confirms recent decline has made a low at last Wednesday's 3-1/2 month trough at 1.1753, outlook remains supportive for gain to next daily objectives at 1.1875 and 1.1894 respectively. Bids are noted at 1.1840-30 and more below with stops below 1.1800 while offers are tipped at 1.1860/70 with stops above 1.1880. The euro area countries will release a slew of eco. data (refer to EI page for details), pay attention to EU's business climate n economic sentiment data. [/QUOTE]
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