EURUSD: Long at 1.1180

FX:EURUSD   欧元/美元
The US ISM Manufacturing PMI rebounded to 51.5 from August's 49.4, which was a seven-month low. The median market forecast had only expected a rise to 50.3, but it still indicates only very sluggish activity growth. This release means that the third-quarter headline average is just 51.2, below second-quarter 51.8, but at least better than first-quarter 49.8. The overall trend does not indicate we will soon see an acceleration from mediocre gains.
The recovery was broad-based, with some impressive gains that still left indices for the most part worse than they were in July. The new orders index bounced up 6.0 to 55.1, a decent reading that could lead the sector back into modest to moderate growth in the fourth quarter, while the production index rose 3.2 to 52.8. Employment and inventories readings were nearly neutral, the former up 1.5 and the latter up 0.5, both to 49.5. That put our final demand measure (new orders minus inventories) up to +5.6 from +0.1, which was the lowest since October 2012.
The EUR/USD             fell after better-than-expected US data, but in our opinion the ISM reading does not change a lot in Fed interest rate expectations. We forecast a hike in December.
Today’s EUR/USD             drop was stopped by the trendline and in our opinion current level is a good opportunity to get long. - Daily Forex Trading Strategies
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
首页 股票筛选器 外汇筛选器 Crypto Screener 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
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出