EUR/USD: Pace of decline moderates – OCBC
Euro (EUR) was a touch softer, amid broad USD rebound. EUR last seen at 1.1515 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Euro (EUR) was a touch softer, amid broad USD rebound. EUR last seen at 1.1515 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Some consolidation not ruled out

"Developments in France — including a fragile government that only narrowly survived two no-confidence votes, ongoing budget tensions, and new proposals for a wealth tax — added to investor unease."

"A hung parliament in the Netherlands, underwhelming French inflation data, and Italy’s calls for the ECB to restart quantitative easing also dampened sentiment. While near-term political noise may keep the euro capped, the broader outlook remains constructive."

"Daily momentum is mild bearish but decline in RSI shows tentative signs of moderating near oversold conditions. Some consolidation not ruled out. Support at 1.1460 (38.2% fibo retracement of Apr low to Sep high), 1.1320 (200 DMA, 50% fibo). Resistance at 1.1630/40 (21 DMA, 23.6% fibo), 1.1670/80 (50, 100 DMAs)."

Acuity Trading
Trade The World
Acuity Trading ialah fintech berpangkalan di London yang ditubuhkan pada 2013, pakar dalam data alternatif berkuasa AI dan analisis sentimen untuk dagangan dan pelaburan. Mereka merevolusikan pengalaman dagangan dalam talian dengan alat berita dan sentimen visual, dan terus menerajui pasaran dengan data alternatif penjana alfa dan alat dagangan yang sangat interaktif menggunakan penyelidikan serta teknologi AI terkini.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Terokai Lebih Banyak Alat
Akademi Perdagangan
Layari pelbagai artikel pendidikan yang merangkumi strategi perdagangan, wawasan pasaran, dan asas kewangan, semuanya di satu tempat.
Ketahui Lebih Lanjut
Kursus
Terokai kursus perdagangan berstruktur yang direka untuk menyokong pertumbuhan anda di setiap peringkat perjalanan perdagangan anda.
Ketahui Lebih Lanjut
Webinar
Sertai webinar langsung dan atas permintaan untuk mendapatkan wawasan pasaran masa nyata dan strategi perdagangan daripada pakar industri.
Ketahui Lebih Lanjut