EUR/USD to plunge towards 0.9200/0.9150 on a break under 0.9500 – SocGen EURUSD Banks
turned south on Wednesday and tumbled to a new low at around 0.9550. A break below 0.9500 would clear the path for further losses towards the next support at the 0.9200/0.9150 region, economists at Société Générale report.“EUR/USD has approached the lower limit of the descending channel since February at 0.9500. Defending this can result in a bounce, however, August low of 0.9860/0.9900 is likely to cap.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Winter is coming for the EUR – NordeaAccording to Dane Cekov, Senior Macro & FX Strategist at Nordea Markets, a break below the 0.9500 mark for the EUR/USD pair will open the room for a m
続きを読む »
EUR/USD risks a potential drop to the 0.9500 area – UOBAccording to FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, there is still room for EUR/USD to slip back to the 0.9500 region in the next
続きを読む »
EUR/USD Price Analysis: Bears now target 0.9500EUR/USD extends the leg lower to the proximity of 0.9530 earlier on Wednesday, an area last traded back in June 2002. Odds for extra weakness in the E
続きを読む »
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPYThere’s panic in FX and major currencies like the GBP are reacting in a troubling manner. Seems to be a disconnect between FX and bonds versus stocks, which are still grasping on to supports, even as panic is getting priced-in to FX and bond markets.
続きを読む »
EUR/USD set to move towards 0.90 in Q4 – Credit SuisseEUR/USD has seen its weakest level in over two decades at around 0.9550. Economists at Credit Suisse now target 0.9000 for the fourth quarter. Europea
続きを読む »
EUR/USD at Multi-Decade Lows Amid Broad USD Momentum, Sterling Crisis WeighsEUR/USD begin the week on back foot, setting a fresh multi-decade low. The U.S. dollar maintains momentum as U.S. Treasury yields accelerate their advance. The UK currency crisis, along with negative market sentiment, is not helping riskier currencies.
続きを読む »