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 (Córdoba) - The EUR/USD managed to recover Friday, trimming some of its weekly losses, although the pair is having a hard time trying to consolidate above the 1.3800 level.
The EUR/USD bottomed out at 1.3748 Thursday after falling more than 170 pips in the Federal Reserve aftermath, but it has been staging a mild recovery over the last session, having climbed back to the 1.3800 zone during the New York session. At time of writing, the EUR/USD is trading at the 1.3795 area, still up 0.2% on the day.
EUR/USD technical outlook
From a technical view, "The pair's hourly chart shows a slightly positive tone, as per trading above a short term ascendant trend line, yet the short term outlook remains pretty neutral as price hovers around a flat 20 SMA and indicators lie flat around their midlines", said Valeria Bednarik, chief analyst at FXStreet. "In the 4 hours chart indicators continue correcting oversold readings, far from supporting a stronger advance, while price holds by few above its 200 EMA. Risk to the downside has not yet recede, albeit a break below 1.3740 is required to confirm a new leg down".