EUR/USD ne Tuesday ko asani se rukh liya jab yeh briefly Monday ko 1.10 ke upar peak kar gaya tha. Markets Monday ke market rout ko digest kar rahe hain jo Japanese indices meltdown ke baad hua. Germany ke monthly Factory Orders unexpectedly 3.9% surge hue June mein.
EUR/USD ne Tuesday ko 1.0950 ke neeche rukh liya jab isne hafte ke shuruat mein aur gains add kar liye apne stellar move ke sath jo Friday ke poor US Nonfarm Payrolls (NFP) report ke baad aya. Markets ko recession fears ne spook kar diya, jisne ek equity crisis ko Asia mein spark kar diya jahan do major Japanese indices, Nikkei aur Topix, ne ek hi trading din mein apni value ka 10% se zyada kho diya. Markets Tuesday ko recover kar rahe hain, US Dollar (USD) apne peers ke against gain kar raha hai aur Monday ke incurred losses ka zyada hissa recover kar raha hai.
EUR/USD ka Tuesday ka correction zyada bada ya tezi se nahi lag raha. Germany ke June Factory Orders data ne Euro (EUR) ko support diya hai uski stellar performance ke baad. Expectations thi ke June mein month-over-month increase bohot mild 0.8% hoga May ke 1.6% decline ke baad. Data expectations se zyada exceed kar gaya jab positive 3.9% aya.
Overnight, Federal Reserve Bank of Chicago ke President Austan Goolsbee aur San Francisco Federal Reserve President Mary Daly ne market mein traders ke nerves ko calm kiya. Dono US Federal Reserve (Fed) officials ne kaha ke kuch softer numbers ko concern ki wajah nahi samajhna chahiye aur job market ab bhi strong hold kar raha hai, koi substantial aur widespread permanent layoffs nahi ho rahe. Recession fears shayad filhal ease ho gaye hain, magar markets ab dar rahe hain ke Fed ne rate cuts par zyada promise kar diya hai aur jab act karne ka waqt ayega tab woh underdeliver kar sakte hain. EUR/USD retreat kar raha hai jab sellers ne Monday ko hard entry ki jab pair briefly 1.10 ke upar pop kar gaya. Us psychological level par firm rejection ke sath aur price action ab us red descending trend line ke neeche fall ho gaya, lagta hai ke EUR/USD ko support dhoondne ki zarurat hai taake agle leg higher ke liye strength regain kar sake. Jaisa ke Relative Strength Index (RSI) indicator nearly overbought hai, yeh samajhna logical hai ke pehle ise ease back karne dena chahiye before possible next rally spark kar sake.
Upside par, teen stages ko pehchana ja sakta hai. Sabse pehla 1.1017 area, jahan Monday ko sellers ne hard entry ki. Agar EUR/USD yahan se rally karne mein kamiyab ho jaye, December ke peak 1.1139 par agla leg higher focus mein ayega. Ek surprise move towards 1.1275 unfold ho sakta hai agar Fed ek surprise emergency rate cut karne par majboor ho jaye agar markets phir se control se bahar ho jayein kuch din ke liye.
Support dhoondte hue, round level 1.09 ek ideal candidate hai. Agar US Dollar momentum gain karta hai, moving averages ka belt 1.08 region mein agla area dekhne laayak hai. Zaroori tor par, 200-day Simple Moving Average (SMA) 1.0830 par bohot appealing lag raha hai, given its importance in previous periods.
EUR/USD ne Tuesday ko 1.0950 ke neeche rukh liya jab isne hafte ke shuruat mein aur gains add kar liye apne stellar move ke sath jo Friday ke poor US Nonfarm Payrolls (NFP) report ke baad aya. Markets ko recession fears ne spook kar diya, jisne ek equity crisis ko Asia mein spark kar diya jahan do major Japanese indices, Nikkei aur Topix, ne ek hi trading din mein apni value ka 10% se zyada kho diya. Markets Tuesday ko recover kar rahe hain, US Dollar (USD) apne peers ke against gain kar raha hai aur Monday ke incurred losses ka zyada hissa recover kar raha hai.
EUR/USD ka Tuesday ka correction zyada bada ya tezi se nahi lag raha. Germany ke June Factory Orders data ne Euro (EUR) ko support diya hai uski stellar performance ke baad. Expectations thi ke June mein month-over-month increase bohot mild 0.8% hoga May ke 1.6% decline ke baad. Data expectations se zyada exceed kar gaya jab positive 3.9% aya.
Overnight, Federal Reserve Bank of Chicago ke President Austan Goolsbee aur San Francisco Federal Reserve President Mary Daly ne market mein traders ke nerves ko calm kiya. Dono US Federal Reserve (Fed) officials ne kaha ke kuch softer numbers ko concern ki wajah nahi samajhna chahiye aur job market ab bhi strong hold kar raha hai, koi substantial aur widespread permanent layoffs nahi ho rahe. Recession fears shayad filhal ease ho gaye hain, magar markets ab dar rahe hain ke Fed ne rate cuts par zyada promise kar diya hai aur jab act karne ka waqt ayega tab woh underdeliver kar sakte hain. EUR/USD retreat kar raha hai jab sellers ne Monday ko hard entry ki jab pair briefly 1.10 ke upar pop kar gaya. Us psychological level par firm rejection ke sath aur price action ab us red descending trend line ke neeche fall ho gaya, lagta hai ke EUR/USD ko support dhoondne ki zarurat hai taake agle leg higher ke liye strength regain kar sake. Jaisa ke Relative Strength Index (RSI) indicator nearly overbought hai, yeh samajhna logical hai ke pehle ise ease back karne dena chahiye before possible next rally spark kar sake.
Upside par, teen stages ko pehchana ja sakta hai. Sabse pehla 1.1017 area, jahan Monday ko sellers ne hard entry ki. Agar EUR/USD yahan se rally karne mein kamiyab ho jaye, December ke peak 1.1139 par agla leg higher focus mein ayega. Ek surprise move towards 1.1275 unfold ho sakta hai agar Fed ek surprise emergency rate cut karne par majboor ho jaye agar markets phir se control se bahar ho jayein kuch din ke liye.
Support dhoondte hue, round level 1.09 ek ideal candidate hai. Agar US Dollar momentum gain karta hai, moving averages ka belt 1.08 region mein agla area dekhne laayak hai. Zaroori tor par, 200-day Simple Moving Average (SMA) 1.0830 par bohot appealing lag raha hai, given its importance in previous periods.
تبصرہ
Расширенный режим Обычный режим