• EUR/USD will be able to push on to 1.11/1.12 in the next few weeks – Scotiabank

Noticias del mercado

15 diciembre 2023

EUR/USD will be able to push on to 1.11/1.12 in the next few weeks – Scotiabank

The EUR is underperforming on the session. Economists at Scotiabank analyze Euro’s outlook.

Intraday price action does look potentially soft

Intraday price action does look potentially soft. Spot formed a minor bear reversal signal through European trade but trend dynamics remain bullish and are more strongly positioned overall than late last month. That should mean limited downside risk for the EUR at this point. 

I think the EUR will be able to push on to 1.11/1.12 in the next few weeks.

 

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
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: