EUR/USD continues to trade in a sell-off mode following the previous session’s lacklustre moves on Tuesday morning. The pair confides in a very narrow trade band with a downside risk ahead of the eurozone data. At the time of writing, EUR/USD is trading at 1.1549, down 0.02% for the day.
-637695916021536860.png)
On the daily chart, the EUR/USD pair has come under renewed selling pressure after testing the highs near 1.1900 since the beginning of the September series (September 3). The pair ended the month breaking below the yearly lows around 1.1600. The October series too started on a lower note while dragging the price further near 2021 lows.
Having said that, if the price sustains intraday’s low, it could reverse some of its losses and trace back to the previous day’s high at 1.1586. Furthermore, the Moving Average Convergence Divergence (MACD) indicator offers potential for more upside as it remains in the oversold zone with stretched selling conditions for quite some time. Any uptick in the MACD would amplify the buying toward the 1.1600 and the 1.1650 horizontal resistance levels.
Alternatively, if the price reverses direction, the EUR/USD bears would once again dominate the trend with their eyes on Wednesday’s low of 1.1529. The price action would then target the weekly lows of July 24, 2020, at 1.1402.
© 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.
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.
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.