$EURUSD Forex Signal: Room for More Downside Before EU Data EURUSD Forex Signals FREE
Enter your emailThe pair will likely continue falling as sellers target the first support of the standard pivot point at 1.0130. Timeline: 1-2 days.EUR/USD priceIt dropped to a low of 1.0178, which was the lowest level since Thursday last week. The pair has dropped by more than 1.20% from its highest point this week.The EUR/USD pair continued dropping as tensions between the US and China continued following Nancy Pelosi’s visit to Taiwan.
The EUR/USD price also retreated after the relatively weak US job openings data. According to the labor department, the number of job openings in the US stood at 10.7 million on June 30th. This was a sharp decline from the 11.3 million it recorded at the end of May. The next key catalyst for the pair will be the upcoming European retail sales data. Economists expect the bloc’s retail sales dropped from 0.2% in May to -1.7% in June as inflation rose. Retail sales are an important part of the economy since consumer spending is the biggest part.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
EUR/USD Forex Signal: Ripe for Bullish Breakout to 1.035The EURUSD pair held steady as the market reflected on the significantly weak data from Europe and the US dollar sell-off.
Baca lebih lajut »
AUD/USD Forex Signal: Strong RallyBullish breakout from long-term bearish wedge pattern.
Baca lebih lajut »
Forex Today: Dollar recovery loses steam ahead of key data releasesHere is what you need to know on Wednesday, August 3: The US Dollar Index (DXY) snapped a four-day losing streak on Tuesday as escalating geopolitical
Baca lebih lajut »
Forex Today: Escalating geopolitical tensions weigh on sentimentHere is what you need to know on Tuesday, August 2: Markets have turned risk-averse amid escalating geopolitical tensions on Tuesday. The dollar stays
Baca lebih lajut »
Monthly Forex Seasonality – August 2022: Gold, US Stocks Tend to OutperformAugust typically sees a mixed performance by the USD. The JPY and CHF tend to do well in August, while the AUD and NZD fare poorly. August has been a good month for both gold prices and US stocks.
Baca lebih lajut »
Forex Today: Dollar picks up bearish paceWhat you need to take care of on Tuesday, August 2: The greenback edged lower on Monday, although the slide pared mid-US session as Wall Street lost i
Baca lebih lajut »