ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور ترقی کے لیے درکار ہو، ایک ہی جگہ پر ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟
FXStreet (Mumbai) - The shared currency trades modestly flat versus the greenback in the European session, with EUR/USD deflating from highs near 1.08 handle, as traders now focus on a flurry of macro data from the Euro zone and the US in the day ahead for further impetus on the main currency pair.
Euro zone CPI in focus
The EUR/USD trades flat at 1.0766 levels, retracing from session highs posted at 1.0791 levels. EUR/USD erased gains and trades flat in search of a clear direction amid a data-light EUR calendar with EZ CPI to only provide some incentives for the major.
The upcoming EZ final CPI estimate for March is expected to bring more encouragement on the margins, with year-over-year headline consumer prices to show a dip of -0.1% confirming prelim estimates. EZ data is due to be published at 9GMT.
Meanwhile, the US dollar also remains broadly muted recovering previous US data induced losses and cautious ahead of US CPI and consumer sentiment due later in the day.
EUR/USD Technical Levels
The pair has an immediate resistance at 1.0791 (Today’s High) levels, above which gains could be extended to 1.0818 (April 16 High) levels. On the flip side, support is seen at 1.0757 (Today’s Low) below which it could extend losses to 1.0700 levels.