Daily Market Analysis 01.08.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.02553 with take profit at 1.02673 Bearish Preference: Sell position is envisaged if price trades  below 1.02139 with take profit at 1.01931 Fundamentals:3:00pm    USD ISM Manufacturing PMI Comment:The U.S. dollar edged lower Monday, weakening especially against the Japanese yen as the market reassessed the Federal Reserve’s …

Daily Market Analysis 01.08.2022: EURUSD Read More »