- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- EUR/USD approaches 0.9600 lows as recovery loses momentum
EUR/USD approaches 0.9600 lows as recovery loses momentum
- US Dollar is solid as markets fail to stage recovery.
- EUR/USD is hovering around 0.9620, far from the daily highs.
- Dollar overbought but not offering signs of a correction.
The EUR/USD is moving toward 0.9600 after the recovers from fresh multi-year lows faded. The euro could not hold above 0.9700 and started to decline as stocks in Wall Street printed fresh session lows.
Risk aversion prevails across financial markets supporting the dollar. In the US, the Dow Jones is down 0.61% and the S&P 500 declines by 0.40%. The Nasdaq is up 0.20%. Crude oil is erasing gains and metals are back into negative territory.
Economic data released in the US showed a decline in the Chicago Fed National Activity Index dropped more than expected to 0 from 0.08%. Earlier, IFO reported a decline in Sentiment Index in September.
The dollar remains firm across the board amid Fed rate hike expectations and risk aversion. The euro found some support from the rally in EUR/GBP that climbed to two-year highs.
Still looking to the downside
The recovery of the EUR/USD was short-lived and is approaching 0.9600. Below attention would turn to the cycle low at 0.9549. Despite oversold readings across charts, the negative momentum is solid with the pair still looking for support.
On the upside, if the euro consolidates above 0.9700 it could gain support from a more sustainable rebound in the very short term. The next strong resistance is seen at 0.9805.
Technical levels
© 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.
Банковни транcфери
