Euro / Dollar ASPembelian
EURUSD Potential Forecast | 18th April 2023
Fundamental Backdrop
1. Market sentiments continue to favour the EUR against the USD given the potential interest rate differential between the 2 currencies.
2. ECB highly anticipated to hike rates by 50 bps in the upcoming ECB meeting.
Technical Confluences
1. H4 support at 1.08764.
2. Price have rejected the 0.618 level on the Fibonacci retracement and has seen bullish pressure as per forecasted yesterday.
3. Structure has most recently broken.
Idea
Anticipate for price to continue bullish as it retest the highs again at 1.10765.
1. Market sentiments continue to favour the EUR against the USD given the potential interest rate differential between the 2 currencies.
2. ECB highly anticipated to hike rates by 50 bps in the upcoming ECB meeting.
Technical Confluences
1. H4 support at 1.08764.
2. Price have rejected the 0.618 level on the Fibonacci retracement and has seen bullish pressure as per forecasted yesterday.
3. Structure has most recently broken.
Idea
Anticipate for price to continue bullish as it retest the highs again at 1.10765.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.