acetraderfx
AceTrader.com Representative
- Messages
- 1,109
AceTraderFx Jan 11: Daily Recommendations on Major -EUR/USD
DAILY MARKET OUTLOOK on Major
Update Time: 11 Jan 2021 03:00GMT
EUR/USD - 1.2200
Friday's break of previous 1.2210 sup to 1.2193 in post-NFP New York trading confirms recent uptrend has made a temporary top at Wednesday's fresh 2-1/2 year peak at 1.2349 and stronger correction twd 1.2153 is envisaged after consolidation.
On the upside, only above 1.2284 (NY high) signals pullback has possibly ended and yields stronger gain to 1.2309 later this week.
Data to be released today:
Japan market holiday, Australia retail sales, China PPI, CPI, EU Sentix index, and UK NIESR GDP estimate on Monday.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time updates
Update Time: 11 Jan 2021 03:00GMT
EUR/USD - 1.2200
Friday's break of previous 1.2210 sup to 1.2193 in post-NFP New York trading confirms recent uptrend has made a temporary top at Wednesday's fresh 2-1/2 year peak at 1.2349 and stronger correction twd 1.2153 is envisaged after consolidation.
On the upside, only above 1.2284 (NY high) signals pullback has possibly ended and yields stronger gain to 1.2309 later this week.
Data to be released today:
Japan market holiday, Australia retail sales, China PPI, CPI, EU Sentix index, and UK NIESR GDP estimate on Monday.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time updates