Daily Market Analysis 24.01.2023: EURUSD

Instrument: EURUSD

Technical Analysis

Bullish Preference:  
A Buy position is envisaged if the price trades above 1.09325 with take profit at 1.09512
Bearish Preference: 
A Sell position is envisaged if the price trades below 1.08792 with take profit at 1.08634
6:45pm EUR ECB President Lagarde Speaks

The euro hit its highest level against the dollar in nine months as U.S. economic data invited speculation on a dovish pivot from the Federal Reserve, while European Central Bank officials continued to insist on the need for significant interest rate increases.

Analysis: SCRUM Team

Leave a Comment

Your email address will not be published.

Free Online Class
Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Color
  • Additional information
  • Attributes
  • Custom fields
Wishlist 0
Open wishlist page Continue shopping