EURUSD forexsignal - Still Bearish After the ItalianElection
Set a buy-stop at 0.9745 and a take-profit at 0.0965.The EUR/USD price continued falling as the strong US dollar continued its bullish trend.The pair has dropped by more than 14.80% this year and by 15% from the highest level this year.The EUR/USD price continued its bearish trend because of the rising US dollar. The dollar index continued surging and is currently sitting at the highest level in more than two decades.
Europe, on the other hand, is heading towards a recession as energy prices continue soaring. During the weekend, the head of TotalEnergies warned that European countries should prepare to pay more for gas as the crisis in Ukraine escalates. The next key catalyst for the pair will be the upcoming Germany GDP numbers from Germany. Analysts expect that the country’s economy expanded by 1.8% in the second quarter. Germany will also publish the latest business expectations and current assessment. Christine Lagarde and other ECB central bankers will deliver statements.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Pairs in Focus This Week- EUR/USD, GBP/USD, AUD/USD, USD/CHFGet the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of September 25th, 2022 here.
Weiterlesen »
Weekly Forex Forecast \u2013 GBP/USD, EUR/USD, NZD/USD, Gold, NASStart the week of September 25th, 2022 with our Forex forecast focusing on major currency pairs here.
Weiterlesen »
GBP/USD: Weekly Forecast 26th \u2013 30th SeptemberA historic bearish trajectory took the GBPUSD to lows it has not seen since 1985: Forex Forecast Trading
Weiterlesen »
EUR/USD: Weekly Forecast 26th \u2013 30th SeptemberThe EUR/USD will open around a price of nearly 0.96865 this week, barring a huge gap upon the start of its trading.
Weiterlesen »
EUR/USD remains under pressure, bounces off fresh lows near 0.9550After bottoming out in the 0.9550 region, EUR/USD now manages to regain some poise and reclaim the area above 0.9600 the figure at the beginning of th
Weiterlesen »
EUR/USD Price Analysis: Scope for further losses near termEUR/USD keeps the bearish note well in place and drops to new 2-decade lows near 0.9550, where some initial contention seems to have emerged. Rising p
Weiterlesen »