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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 211441, member: 22847"] [B]AceTraderFx[COLOR="darkred"] Aug 04: [/COLOR] Intra-Day News and Views– EUR/USD Intra-Day Market Moving News and Views[/B] Update Time: [B]04 Aug 2022[/B] [I]05:30GMT[/I] [B]INTRA-DAY EUR/USD - 1.0164[/B] Although euro's selloff from Tuesday's near 4-week top at 1.0293 to as low as 1.0124 in New York morning after upbeat US data confirms recent upmove has possibly ended there, subsequent short-covering rebound may head back to 1.0195/00 before prospect of another fall. For short term trade, turn long at 1.0140 for 1.0180 or sell at 1.0195 for 1.0155. Below 1.0124, 1.0097/00. [/QUOTE]
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