- This is a very important week for EURUSD. CPI DATA for USD is due out tomorrow. There are no expectations for EURUSD today. This is a very VOLATILE event for the Euro.
- DXY is currently at 99.85 LEVEL. Also the EUR FEATURE stays at 1.0925 LEVEL. The EURUSD PRICE is located on the DYNAMIC S / R LEVELS. Most likely the PRICE will be SHORT TERM UP up to 1.1228 LEVEL.
- Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also the EQUITIES are slightly RED. VIX is getting a bit UP. Also COMMODITIES are now showing a DOWN SIDE BIAS. Currently on the market is a RISK OFF SENTIMENT. MARKET RISK OFF OFF THE MARKETSN DOWN.
- The EURUSD PRICE can be UP to 1.1050 LEVEL. We can expect some change in the EURUSD according to the CPI DATA coming today.
Currently the MARKET may be the TREND LINE SUPPORT. If you BREAK that TREND LINE, EURUSD can sell faster.
- DXY is currently at 99.85 LEVEL. Also the EUR FEATURE stays at 1.0925 LEVEL. The EURUSD PRICE is located on the DYNAMIC S / R LEVELS. Most likely the PRICE will be SHORT TERM UP up to 1.1228 LEVEL.
- Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also the EQUITIES are slightly RED. VIX is getting a bit UP. Also COMMODITIES are now showing a DOWN SIDE BIAS. Currently on the market is a RISK OFF SENTIMENT. MARKET RISK OFF OFF THE MARKETSN DOWN.
- The EURUSD PRICE can be UP to 1.1050 LEVEL. We can expect some change in the EURUSD according to the CPI DATA coming today.
Currently the MARKET may be the TREND LINE SUPPORT. If you BREAK that TREND LINE, EURUSD can sell faster.