- Today is a fairly important day for the EURUSD. This is due to the release of USD PCE DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the EURO has been hit hard by the USD. This is because some of the UPDATES coming from the EURO ZONE are quite NEGATIVE.
- DXY is currently at 102.947 LEVEL. Also the EUR FEATURE stays at 1.0595 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE SHORT TERM can be sold a little further to 1.0349 LEVEL.
- Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES RISK ON TONE is what gives us. So I'm trying to be a bit of a HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON.
- EURUSD PRICE can be slightly down to 1.03499 LEVEL. Today's USD HIGH VOLATILE EVENTS may make a difference. So stay tuned.
- DXY is currently at 102.947 LEVEL. Also the EUR FEATURE stays at 1.0595 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE SHORT TERM can be sold a little further to 1.0349 LEVEL.
- Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES RISK ON TONE is what gives us. So I'm trying to be a bit of a HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON.
- EURUSD PRICE can be slightly down to 1.03499 LEVEL. Today's USD HIGH VOLATILE EVENTS may make a difference. So stay tuned.