empty
 
 
Back Fundamental analysis
analytics6703b2e21d469.jpg
Back Fundamental analysis
EUR/USD: quiet start to busy trading week
The EUR/USD pair opened a new trading
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
The EUR/USD pair opened a new trading week with a minor downward gap of 10-pips, which was immediately filled. In other words, the instrument opened at the level of Friday's close. On the one hand, this indicates that the bearish momentum, triggered by the September Nonfarm Payrolls, has faded. On the other hand, steady fluctuations within the 1.0960–1.0980 range suggest that EUR/USD sellers have secured their position above 1.0900. However, to push toward the support level of 1.0930 and lower—toward 1.0800—the bears need additional arguments. This could come
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Irina Manzenko,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback