Daily forecast eur/usd - Fundamental analysis

Cập nhật
Good afternoon traders and good Wednesday,

Today there are very important and relevant news for the future of the dollar, the chairman of the Federal Reserve Charles Powell appears.

For more analyses like this do not hesitate to write to me, I will answer your doubts.

-Technical analysis

As usual I will do a brief technical review, the euro dollar is at the midpoint of the channel that has been generated in the last few weeks, its current price is 1.1850.

This clearly leaves eurusd without any hard support or resistance at least in small time spaces and therefore can occur shakes of up to 100 pips tomorrow easily (usually happens when Powell speaks).

That's why any Stop Lose you put in can be counterproductive just like Take Profits for the same reason, high volatility. If you're going to operate tomorrow, stay in front of the screen or you're going to risk losing a lot of money.

-Fundamental analysis

Tomorrow the federal reserve needs to clarify several points:

The potential impact that the new average inflation target will have on the entity's policy in both the coming and longer-term months, and the calculations they make about it.With regard to inflation it is true that we have already been given some information that it would be close to 2% although he does not specify how much and that is the question it poses to all investors.

Another point is to know how many tools they have for the coming months, whether it's expansion plans like well-known QE plans or even in the most remote case pushing down interest rates.

It must also clarify the expected recovery of the American economy, which is not currently reflected by the spectacular stock data and which is harder than what they actually disclose to us.

Finally, they must clarify their data forecasts for the coming years where they will surely coincide with the European Central Bank or the International Monetary Fund that the exit from the crisis will not be a quick thing but will take several years.


For all I can conclude that there will not be much news about effective measures or that they will be given in the coming days (they will aprear, im sure), this gives security in the dollar and probably gives you the respite you need to re-promote the valuation against the rest of the currencies.

For more analyses like this do not hesitate to write to me, I will answer your doubts.
Ghi chú
Here you can see the conference

youtube.com/c/federalreserve/videos
Ghi chú
nice entry point 1.1850 at sell
Đóng lệnh: đạt mục tiêu
Closing at 1.1810
Beyond Technical AnalysisForexforexsignalsFundamental AnalysisivancampuzanotradingforexeuTrend Analysis

🟢🟢MI CANAL DE TELEGRAM GRATUITO EN ESPAÑOL
t.me/+mDulVCKs4HAxOTE0

🟢🟢🟢CANAL DE YOUTUBE youtube.com/channel/UCHQV2iy9s7qY0XEw-gFtR5g



Buena caza!
Ngoài ra, trên:

Thông báo miễn trừ trách nhiệm