Harga minyak kembali mencatat peningkatan untuk bangkit dari paras terlemah empat minggu disokong oleh sentimen pasaran yang lebih baik menuju penghujung minggu…
EUR/USD stabilized below 1.1950
2020-08-19 • Dikemaskini
The most traded pair takes a breath after reaching levels unseen since May of 2018. It has been rallying for 7 days in a row and eventually broke through the significant resistance at 1.1900. It was a strong sign for most traders. However, profit-takers entered the market and pushed the pair slightly down. Nevertheless, bulls are still in game as the pair has crossed the main barrier. Thus, the way to the upside is clear.
The EUR/USD’s rally may be caused by the long-term weakness of the US dollar. The current risk-on sentiment decreased even more the demand for the safe-haven. Moreover, today the euro got a tailwind as the EU current account came out much better than analysts anticipated. This indicator shows a difference between imports and exports, plus all income flows during the previous month. It turned out 20.7 billion euros, while the forecast was only 7 billion. Besides, the EU core consumer price index was along with expectations: 1.2%.
All eyes on the FOMC meeting minutes today’s evening at 21:00 MT time. Most economists believe its dovish statement will drive the US dollar lower, and therefore EUR/USD higher. Otherwise, if the tone is hawkish, the US dollar will rise.
Technical tips
EUR/USD has been stuck in a range between 1.1900 and 1.1700 for almost a month. Today the pair has managed to break out this range. However, now it’s struggling to cross the next resistance at 1.1950. If it succeeds to break it out, the doors to 1.2000 will be open. In the opposite scenario, if it drops below the key psychological mark of 1.1900, it may dip down to the low of August 17 at 1.1835.
Serupa
Gas asli adalah tiang seri ekonomi Eropah.
Dua tahun ini, kita menyaksikan pergerakan harga minyak terbesar dalam tempoh 14 tahun, yang membingungkan pasaran, pelabur dan pedagang akibat ketegangan geopolitik dan peralihan ke tenaga bersih.
Berita terkini
Fed mengumumkan pada hari Rabu bahawa ia membiarkan kadar dasar tidak berubah pada 5…
Jepun melangkah lebih dekat kepada campur tangan mata wang dengan amaran terkuatnya apabila yen merosot ke paras paling lemah dalam kira-kira 34 tahun berbanding dolar…
Sentimen pasaran yang memulih pada pembukaan dagangan awal minggu semalam telah menukar semula haluan pergerakan USD…