EUR/USD trades above 1.1800 level, markets eyes ECB Draghi

FX:EURUSD   欧元/美元
623 0
EUR/USD shown a minor recovery above 1.18000 on US dollar sell off during Asian session. The pair jumped till 1.18218 and is currently trading around 1.18079. US House of Representatives approved tax reforms proposals of $1.5 trillion in tax cuts for business and individuals and moves to Senate for further approval. ECB President Draghi speech today is major event for Euro and market awaits for further direction.

US jobless claims rose to 249k in the week ended Nov 11, compared to forecast of 234k. Philly fed manufacturing index dropped to 18.9 below expectations of 24.1. The house would vote on tax plan today.

Technically, the pair is facing major resistance at 1.1880 (Oct 12th 2017 high) and any break above will take the pair to next level till 1.1928/1.1200. It should break above 1.1209 high made on Sep 8th 2017. The near term resistance is around 1.1825 and any break above will take the pair to next level till 1.1860/1.1880.

On the lower side, major support is around 1.17360 (100- day MA) and any break below will drag the pair to next level till 1.1700/1.1660/1.1600/1.1553 (Nov 7th 2017 low).

It is good to buy on dips around 1.1785-1.1790 with SL around 1.17360 for the TP of 1.1880/1.1928.

ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出