The selling pressure around the single currency now picks up extra pace and forces EUR/USD to recede to the 1.1620 zone, or new daily lows.
EUR/USD sinks into the negative territory at the end of the week pari passu with the quick rebound in the greenback.
Indeed, the buck gathers extra steam and manages well to leave behind the recent area of multi-week lows around 93.30 (October 28) sustained by the profit taking sentiment in the risk complex and higher US yields.
In Germany, yields of the 10y benchmark Bund advanced to fresh multi-day highs around -0.08%.
In the docket, US inflation figures tracked by the headline PCE rose at an annualized 4.4% and 3.6% when it comes to the Core PCE (excluded food and energy costs). Further US data witnessed Personal Spending expanding 0.6% MoM in September and Personal Income contracting 1.0% inter-month. Later in the session, the final October Consumer Sentiment will close the weekly calendar.
So far, spot is losing 0.46% at 1.1623 and faces the next up barrier at 1.1692 (monthly high Oct.28) followed by 1.1698 (55-day SMA) and finally 1.1755 (weekly high Sep.22). On the other hand, a break below 1.1582 (weekly low Oct.28) would target 1.1571 (low Oct.18) en route to 1.1524 (2021 low Oct.12).
© 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.