empty
 
 

11.01.202209:07 ফরেক্স বিশ্লেষণ এবং পর্যালোচনা: Hot forecast for EUR/USD on 01/11/2022

In general, there is nothing surprising in the fact that the market ignored the data on the unemployment rate in Europe, which fell from 7.3% to 7.2%. After the market ignored the data on inflation and retail sales, this was quite an expected reaction. It is surprising that after a while the single European currency began to decline. To be quite precise, this process began almost before the opening of the US trading session. That is, as on Friday, the market is largely moving against macroeconomic statistics. Even if for a short period of time. After all, as a result, the quotes returned to their original positions. And it turns out that the euro has not been able to break out of stagnation for more than a month, hanging around around the 1.1325 mark, with slight deviations up and down. Apparently, something very serious is needed to bring the market out of this stupor. It is quite possible that tomorrow's inflation data in the United States will be the very factor that will move the situation from the dead end. Until then, the market will continue to stagnate.

Unemployment rate (Europe):

Exchange Rates 11.01.2022 analysis

Local price jumps for the EURUSD pair did not lead to a breakdown of the 1.1225/1.1355 horizontal channel. The quote, as before, has been moving along the characteristic magnitude for more than six weeks.

Technical instruments RSI and Alligator confirm the formation of a flat, but at the same time indicate a high speculative interest among market participants. All this can lead to significant price changes at the end of the flat.

On the daily chart, flat slowed down the downward trend, but did not complete it.

Expectations and prospects:

In this situation, the tactics of working on a rebound from the specified flat boundaries is still relevant, but the breakout method is considered the main strategy. Therefore, traders are already considering the control values 1.1220 and 1.1400 as signal levels against which they will perform the main actions in the market.

Comprehensive indicator analysis gives a buy signal based on short-term and intraday periods due to price movement within the upper flat border.

Exchange Rates 11.01.2022 analysis

*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।

Dean Leo,
ইন্সটাফরেক্সের বিশ্লেষণ বিশেষজ্ঞ
© 2007-2022
বিশ্লেষকদের পরামর্শসমূহের উপকারিতা এখনি গ্রহণ করুন
ট্রেডিং অ্যাকাউন্টে অর্থ জমা করুন
ট্রেডিং অ্যাকাউন্ট খুলুন

ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।

Hot forecast for GBP/USD on 18/05/2022
If the US reports completed a local correction, then the British one has already led to the resumption of the trend for the strengthening of the dollar, and Powell explained to us that it continues...
লেখক: ডেন লিও
03:19 2022-05-18 UTC--4
3778
Breaking forecast for GBP/USD on May 17.
The pound sterling is rising, though very slowly. There are several factors that are capping its upward potential.
লেখক: ডেন লিও
02:12 2022-05-17 UTC--4
4243
Hot forecast for GBP/USD on 16/05/2022
Although, due to the obvious oversold situation on the market, a full-fledged correction in the pound is already suggesting itself, which is largely due to the policy of the European Union...
লেখক: ডেন লিও
03:16 2022-05-16 UTC--4
6733
আরো দেখুন
এখন কথা বলতে পারবেন না?
আপনার প্রশ্ন জিজ্ঞাসা করুন চ্যাট.