EUR/USD Price Analysis: Further weakness could extend to 1.0516

Noticias del mercado

15 septiembre 2023

EUR/USD Price Analysis: Further weakness could extend to 1.0516

EUR/USD picks up some pace and revisits 1.0670.
The next support of note emerges at the March low at 1.0516.

EUR/USD reclaims the 1.0660/70 band after bottoming out in the 1.0630 region.

The underlying bearish sentiment remains unchanged and leaves the door open to extra pullbacks in the short-term horizon. Against that backdrop, further losses could see the March low of 1.0516 (March 15) revisited in the short-term horizon.

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

EUR/USD daily chart

United States Industrial Production (MoM) above forecasts (0.1%) in August: Actual (0.4%)

USD Index Price Analysis: Immediately to the upside comes the YTD high

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