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AceTraderFx Aug 12: Intra-Day Market Moving News and Views EUR/USD
Intra-Day Market Moving News and Views
15 Aug 201603:08GMT
EUR/USD - 1.1156... Despite opening slightly higher in New Zealand, the single currency met renewed selling at 1.1173 and resumed its fall from Friay's high at 1.1222 towards 1.1154 at Asian open and continues to remain under pressure in Asian morning, due partly to cross-selling of euro vs sterling.
Trading is expected to be relatively thin today as Italy and France will remain closed for market holiday and offers are now seen at 1.1170/80 and more above at 1.1190/00 with stops building up above there whilst initial bids are noted at 1.1100/10, suggesting choppy trading with downside bias would be seen.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time updates
Intra-Day Market Moving News and Views
15 Aug 201603:08GMT
EUR/USD - 1.1156... Despite opening slightly higher in New Zealand, the single currency met renewed selling at 1.1173 and resumed its fall from Friay's high at 1.1222 towards 1.1154 at Asian open and continues to remain under pressure in Asian morning, due partly to cross-selling of euro vs sterling.
Trading is expected to be relatively thin today as Italy and France will remain closed for market holiday and offers are now seen at 1.1170/80 and more above at 1.1190/00 with stops building up above there whilst initial bids are noted at 1.1100/10, suggesting choppy trading with downside bias would be seen.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time updates