EUR/USD FULL ANALYSIS: June 23
Hi traders,
TECHNICALS:
As expected, the EUR/USD pair found support around the 1.12 level after which the pair formed two strong bullish candles, signaling more upside potential.
SUPPORT 1: 1.1280
SUPPORT 2: 12.20
RESISTANCE 1: 1.1345
RESISTANCE 2: 1.1400
INTEREST RATES:
2-year yield differentials are also pointing higher at the moment, supporting a bullish view. European PMIs printed a v-shaped recovery this morning which also added to more EUR strength.
RISK SENTIMENT: Equities around the world show strong gains this morning, signaling a risk-on environment which might be beneficial for EUR/USD.
We're still looking at 1.14 as a possible profit target.
TECHNICALS:
As expected, the EUR/USD pair found support around the 1.12 level after which the pair formed two strong bullish candles, signaling more upside potential.
SUPPORT 1: 1.1280
SUPPORT 2: 12.20
RESISTANCE 1: 1.1345
RESISTANCE 2: 1.1400
INTEREST RATES:
2-year yield differentials are also pointing higher at the moment, supporting a bullish view. European PMIs printed a v-shaped recovery this morning which also added to more EUR strength.
RISK SENTIMENT: Equities around the world show strong gains this morning, signaling a risk-on environment which might be beneficial for EUR/USD.
We're still looking at 1.14 as a possible profit target.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.