Chat

EURUSD News

(0 votes)


Last Updated Date: 16 March 2022 @ 9:00 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was down on Wednesday morning in Asia but was near a five-year high against the yen. Investors await the U.S. Federal Reserve’s latest policy decision, with the conflict in Ukraine and the surging number of COVID-19 cases in China also on their radars.

The EURUSD market is triggering a short term upturn, looking for attempts to extend rallies and attack the previous swing high peaking levels. A breakout over the 1.1043 swing high signals a stretch to 1.1121. Minor corrective dips should only last 1-2 days at this stage of the drive and likely fight to rebound from 1.0930. A close under 1.0920 is bearish and suggests a secondary selling wave.
Chart

EURUSD Live Price


sell
buy
Daily price range:
Low
High



RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.