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AceTraderFx Sept 17: Intra-Day News and Views & data to be released today - EUR/USD
Intra-Day Market Moving News and Views
Update Time: 17 Sept 2019 03:30GMT
EUR/USD - 1.1011.. The single currency is nursing loss in subdued Asian morning on Tuesday after yesterday's selloff from 1.1091 (New Zealand) to as low as 1.0994 due to broad-based usd's strength or rather usd demand.
Although euro's rally in post-ECB Thursday session from 1.0928 to 1.1086, then 1.1109 on Friday suggests choppy trading above September's 27-month bottom at 1.0927 would continue, yesterday's weakness to 1.0994 suggests correction has possibly ended n downside bias remains for further fall to 1.0950/60 after consolidation.
Offers are tipped at 1.1030/40 with stops above 1.1060.
While some bids are noted at 1.0990-80 with stops below there.
On the data front, pay attention to release of Germany's ZEW eco. sentiment n current condition, then EU's ZEW eco. sentiment. We have a number of ECB officials speaking today, please refer to our EI section for details.
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
Intra-Day Market Moving News and Views
Update Time: 17 Sept 2019 03:30GMT
EUR/USD - 1.1011.. The single currency is nursing loss in subdued Asian morning on Tuesday after yesterday's selloff from 1.1091 (New Zealand) to as low as 1.0994 due to broad-based usd's strength or rather usd demand.
Although euro's rally in post-ECB Thursday session from 1.0928 to 1.1086, then 1.1109 on Friday suggests choppy trading above September's 27-month bottom at 1.0927 would continue, yesterday's weakness to 1.0994 suggests correction has possibly ended n downside bias remains for further fall to 1.0950/60 after consolidation.
Offers are tipped at 1.1030/40 with stops above 1.1060.
While some bids are noted at 1.0990-80 with stops below there.
On the data front, pay attention to release of Germany's ZEW eco. sentiment n current condition, then EU's ZEW eco. sentiment. We have a number of ECB officials speaking today, please refer to our EI section for details.
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