Fundamentals
EUR - renewed energy crisis worries
USD - Positive economic data releases which impacts future rate hikes
Technicals:
EURUSD - Daily rejected 1.025 with a bearish engulfing on an overall downtrend structure
DXY - Rejected 105.5 with a bullish engulfing, expecting USD to get stronger in the next few days.
EUR - renewed energy crisis worries
USD - Positive economic data releases which impacts future rate hikes
Technicals:
EURUSD - Daily rejected 1.025 with a bearish engulfing on an overall downtrend structure
DXY - Rejected 105.5 with a bullish engulfing, expecting USD to get stronger in the next few days.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.