empty
 
 
01.04.2021 01:32 PM
EUR/USD analysis for April 01 2021 - SIdeways condiiton with potential for downside continuation and test of 1.1705

CB's Weidmann: Might miss Eurozone 2021 growth forecasts if virus restrictions are extended

Remarks by ECB policymaker, Jens WeidmannUS stimulus cannot be a model for EuropeMeasures of financing costs for households, businesses may not yet fully reflect changes in bond yieldsA bit more of a dovish (but realistic) take by Weidmann there but generally, there seems to be a broad consensus within the ECB that they don't want bond yields to respond by rising too quickly - at least for the time being.Further Development

This image is no longer relevant

Analyzing the current trading chart of EUR/USD, I found that EUR is in the consolidation phase but that trend is still downside.My advice is to watch for selling opportunities with the downside target the balance low at 1.1705.

Key Levels:

Resistance: 1.1757Support level: 1.1705

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback