EUR/USD Price Analysis: Extra losses could revisit 1.0635

Noticias del mercado

14 septiembre 2023

EUR/USD Price Analysis: Extra losses could revisit 1.0635

EUR/USD intensify its decline to fresh four-month lows.
Bears now re-shift their attention to the 1.0630 zone.

EUR/USD sinks to levels last traded four months ago in the mid-1.0600s on Thursday.

The underlying bearish sentiment remains unchanged and leaves the door open to extra pullbacks in the short-term horizon. Against that backdrop, a sustained breach of the 1.0700 yardstick could encourage sellers to embark on a probable visit to the May low of 1.0635 (May 31).

In the meantime, further losses remain in the pipeline while below the key 200-day SMA, today at 1.0827.

EUR/USD daily chart

Improvement in short-term spreads, generally weaker USD needed to give CAD more obvious lift – Scotiabank

Lagarde speech: Can’t say ECB rates have reached their peak

Enfoque del mercado

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Abrir cuenta demo y página personal

Área personal

support@teletradepartners.com

Aviso de riesgo: El hecho de realizar operaciones comerciales en los mercados financieros con instrumentos financieros de margen abre grandes oportunidades y permite a los inversores que estén dispuestos a correr riesgos a obtener altos rendimientos, pero al mismo tiempo conlleva un nivel de riesgo de pérdidas potencialmente alto. Por lo tanto, antes de comenzar a operar, se debe tomar de manera responsable a la cuestión de elegir una estrategia de inversión correspondiente, teniendo en cuenta los recursos disponibles.

Política de privacidad