EUR/USD: Trendline support at 1.1423 underpins the move higher - TDS
21.07.2020, 11:01

EUR/USD: Trendline support at 1.1423 underpins the move higher - TDS

FXStreet reports that analysts at TD Securities note that, after a marathon four-day summit, EU leaders struck a deal on their 7-year budget, which includes €750 billion in support for countries worst-hit by COVID-19. However, EUR/USD registered only a muted reaction to the Recovery Fund deal announcement as an initial spike up to 1.1470 was quickly faded as a ‘sell the fact’ dynamic soon emerged.

“After extending their two day summit to four, all 27 EU leaders signed off on a compromise 7-year budget (the Multiannual Financial Framework, or MFF), that includes a €750 billion recovery package to help economies worst hit by COVID-19, called Next Generation EU.”

“EUR/USD has remained largely stable in the wake of the announcement. Stronger risk appetite has helped offset the typical "sell the fact" dynamic we may otherwise observe. Valuation and positioning are becoming more of a concern near-term as the technical picture also turns less friendly for further gains.”

“EUR/USD can still participate in further USD weakness, however, particularly if risky assets continue their ascent. With an eye on key support around 1.1422 today, a sustained move above 1.15 would keep us on a bullish tactical trajectory.”

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik