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EURusd overview
On Tuesday, the Fed President Jerome Powell's presentation on monetary policy and economy in the House of Representatives shows the Hawks ' attitude in the market, and today the Senate's presentation will be followed. On the other hand, important data from the United States was followed yesterday. 4. While the quarterly GDP change was revised in line with expectations, the first calculation was below 0.1 percent. The Chicago Purchasing Managers Index was announced at 61.9 percent below expectati…
EURUSD overview
Services and compound PMIs described in the euro zone and Germany yesterday resulted in higher expectations, while the euro zone retail sales data took place in parallel with forecasts. On the other hand, the European Central Bank Mario Draghi said in the evening that the euro zone is still growing and that they are moving towards their targets for inflation and price stability. Germany's coalition talks are approaching the last days, while the sides agreed on the issues related to the European …
EURUSD parity overview
EURUSD is retesting 1.25 resistance ahead of US employment data to be released today. The Fed's decision supports us interest rates, but the lack and decline in demand for the dollar in Global Markets is pushing the currency upwards. Technically, the rising trend is protected. 1.2505 can be followed as the main resistance in the rise. Today, the data flow will be intense.
EURUSD parity overview
EURUSD keeps its volatility low after the Fed's decision. The Fed is relatively optimistic on the inflation side, keeping us interest rates above 2.70, and the March meeting is signaled for interest-raising. We are in an important week in terms of parity and data flow will be busy today&tomorrow. Technical support for 1.2360 and 1.2300 retracements can be followed even if we monitor a tiredness.
USDjpy general analysis
USDJPY's decline in BOJ's super-bond purchase has made the yen valuable, while the USDJPY parities retreated up to 112.25 support. If we look at the dollar wing, both on the bond side and on the dollar index front, The direction is up. For this reason, adhesion on 112.25 is technically important.
Oilusd general analysis
As crude oil surges, API estimates suggest that oil stocks in the United States have dropped by 11 million barrels, one of the highest figures in recent times. Data from the Ministry of energy to be announced today will shed light on oil prices. Technically, we are in the vicinity of excessive intake, and this can be considered a tiredness.
Overview of EURUSD parity
In recent days, the EURUSD resistance is back from 1.2070 resistance. Although the upward trend is still being maintained, there is a strong uptrend in the move and we have seen it clearer with the US employment data released last week. The risk appetite in the option market also gradually supports this decline. 1.1865 main support.
EURUSD parity overview
EURUSD has returned from 1.2070 resistance, limiting the demand for rising after US employment data we received last week. The positive point in the data content is that the rise in prices is at 0.3%, which brings up us interest rates, and the return of parity. The funds continue to increase their Euro long contracts. In the option market, risk appetite is downwards
EURUSD parity overview
EURUSD continues to test 1.2070 resistance. Yesterday, the rise in unemployment rates in the United States was influential in the weakening of the dollar. In the US, however, employment data will be announced today and the euro zone will be followed by the leading inflation data. Technically, 1.2070 corresponds to a critical resistance.