ClearTradingMind

EUR/USD Dips as Bullish Run Ends, USD Gains Strength

Giá xuống
PEPPERSTONE:EURUSD   Euro / Đô la Mỹ

1. EUR/USD Exhausting Bullish Trend: This part suggests that the upward movement (bullish trend) of the Euro against the US Dollar in the Forex market is losing momentum.

2. Likely to Move Downwards: It indicates a prediction or expectation that the EUR/USD currency pair will start to decrease in value, meaning the Euro will weaken compared to the Dollar.

3. Breaking Through Support Line: In technical analysis, 'support lines' refer to price levels at which a currency or stock consistently stops falling and might bounce back up. Breaking through these lines suggests a strong downward movement, reinforcing the prediction of a bearish (downward) trend.

4. USD Index Getting Stronger: The USD index (often referred to as the US Dollar Index or DXY) measures the value of the US Dollar relative to a basket of foreign currencies. A strengthening USD index means the US Dollar is performing well compared to other currencies, which often correlates with a decrease in the EUR/USD rate (as the USD gets stronger, the Euro gets weaker in comparison).

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.