Assalamu Alaikum Dosto!
EUR/USD Forecast: Improving Risk Mood Euro Ko Higher Stretch Karne Mein Madad De Sakti Hai
EUR/USD apni sideways grind ko 1.1200 ke neeche Tuesday ke early hours mein extend kar raha hai. European session mein US stock index futures modestly higher trade kar rahe hain. US se CB Consumer Confidence Index data ko fresh impetus ke liye dekha jayega.
EUR/USD Monday ko choti losses post karne ke baad 1.1150 ke upar narrow band mein upar neeche hota reh raha hai. High-tier data releases ke absence mein, improving risk mood ke wajah se US Dollar (USD) ke rebound ko extend karna mushkil ho sakta hai aur yeh pair ko apni position hold karne mein madad de sakta hai.
Monday ko US se aane wale data ne yeh dikhaya ke Durable Goods Orders July mein 9.9% barh gaye hain, jiski wajah se USD ne strength gather ki aur EUR/USD thoda lower ho gaya. Din ke baad mein, Federal Reserve (Fed) Bank of San Francisco ke dovish comments ne USD ke gains ko limit kar diya.
Daly ne kaha, "Yeh policy ko adjust karne ka waqt hai," aur yeh note kiya ke kuch bhi sochna mushkil hai jo September mein rate cut ko derail kar sake.
Conference Board ka Consumer Confidence Index US economic calendar mein din ke baad mein sirf noteworthy data hoga. Consumer sentiment mein significant improvement se USD ko immediate reaction mein support mil sakta hai lekin investors shayad sirf is data par large positions lene se katarayenge.
Isi dauran, US stock index futures European morning mein Tuesday ko 0.1% se 0.25% ke darmiyan gain kar rahe hain. Wall Street mein bullish opening EUR/USD ko din ke doosray hissay mein support kar sakti hai.
EUR/USD Technical Analysis
Near-term technical outlook yeh suggest karta hai ke bullish stance unchanged hai, jahan 4-hour chart par Relative Strength Index (RSI) indicator 60 ke upar comfortably hold kar raha hai jab ke yeh overbought levels se correct ho raha hai. Is ke ilawa, EUR/USD 20-period Simple Moving Average (SMA) ke upar float karta reh raha hai jab ke yeh ascending regression channel ke andar trade kar raha hai jo early August se aa raha hai.
Upside par, 1.1200 (static level, psychological level) pehla resistance hai jo 1.1240 (ascending channel ka upper limit) aur 1.1260 (static level July 2023 se) ke pehle hai.
EUR/USD ke liye supports 1.1160-1.1150 (ascending channel ka mid-point, 20-period SMA), 1.1100 (ascending channel ka lower limit, 50-period SMA) aur 1.1060 (static level) pe dekhe ja sakte hain.
Euro/USD Fundamental
Euro 20 European Union countries ki currency hai jo Eurozone ka hissa hain. Yeh duniya ki second most heavily traded currency hai, US Dollar ke baad. 2022 mein, yeh sab foreign exchange transactions ka 31% account karti thi, jisme over $2.2 trillion ka daily turnover hota tha. EUR/USD duniya ka most heavily traded currency pair hai, jo sab transactions ka estimated 30% account karta hai, followed by EUR/JPY (4%), EUR/GBP (3%) aur EUR/AUD (2%).
European Central Bank (ECB) Frankfurt, Germany mein Eurozone ke liye reserve bank hai. ECB interest rates set karta hai aur monetary policy manage karta hai. ECB ka primary mandate price stability ko maintain karna hota hai, jo ya toh inflation ko control karne ya growth ko stimulate karne se hota hai. ECB ka primary tool interest rates ko raise ya lower karna hota hai. Relatively high interest rates — ya higher rates ki expectation — aam tor par Euro ke liye faidemand hoti hai aur vice versa. ECB Governing Council monetary policy decisions meetings mein karti hai jo saal mein aath martaba hoti hain. Decisions Eurozone national banks ke heads aur six permanent members, jisme ECB ke President Christine Lagarde bhi shamil hain, lete hain.
Eurozone inflation data, jo Harmonized Index of Consumer Prices (HICP) se measure hota hai, Euro ke liye aik important econometric hai. Agar inflation expectation se zyada barhta hai, khaaskar agar ECB ke 2% target se upar ho, toh yeh ECB ko interest rates barhane par majboor karta hai taake isse wapas control mein laya ja sake. Relatively high interest rates jo iske counterparts se zyada hoti hain aam tor par Euro ke liye faidemand hoti hain, kyun ke yeh region ko global investors ke liye apna paisa park karne ke liye zyada attractive banati hain.
Data releases economy ki health ko gauge karte hain aur Euro par asar daal sakte hain. Indicators jaise ke GDP, Manufacturing aur Services PMIs, employment, aur consumer sentiment surveys sab single currency ke direction ko influence kar sakte hain. Ek strong economy Euro ke liye achi hoti hai. Yeh na sirf zyada foreign investment attract karti hai lekin yeh ECB ko interest rates barhane par majboor kar sakti hai, jo directly Euro ko strengthen karega. Warna, agar economic data weak hota hai, toh Euro girne ke chances hotay hain. Euro area ke char sab se bari economies ke economic data (Germany, France, Italy aur Spain) khaas ahmiyat rakhti hain, kyun ke yeh Eurozone ki economy ka 75% account karti hain.
Euro ke liye ek aur significant data release Trade Balance hai. Yeh indicator is difference ko measure karta hai jo ke aik mulk apni exports se kamata hai aur jo imports par kharch karta hai kisi given period mein. Agar aik mulk highly sought-after exports produce karta hai toh iski currency value gain karti hai purely from the extra demand created from foreign buyers jo in goods ko purchase karna chahte hain. Is liye, ek positive net Trade Balance currency ko strengthen karta hai aur vice versa for a negative balance.
تبصرہ
Расширенный режим Обычный режим