EUR/USD fluctuates around 1.1065 on Wednesday

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"The market is pricing in a non-trivial probability of a Fed rate cut over the next couple of months. The Fed is really boxed in now, so the market doesn't even begin to price in any real chance of hikes until mid-2017."  
- BMO Capital Markets (based on Bloomberg) 

Pair's Outlook
The European currency surged from 1.1023 to 1.1062 on Tuesday against the US Dollar, as the Euro is slowly recovering after the huge drop it experienced on the results of the UK referendum on EU membership. At the moment, the currency exchange rate is fluctuating around the level of 1.1065, and it has already experienced volatility between the ranged of 1.1050 to 1.1080 today. The rate is most likely to struggle with the 200-day SMA at 1.1096.  

Traders' Sentiment 
SWFX traders have not changed their slightly bullish sentiment from yesterday, as 52% of all open positions are still short. In the meantime, short pending orders in the 100-pip range have increased from 56% to 66%.
© Dukascopy Bank SA
Back to articles

Actual Topics

Wed, 29 Jun 2016 07:33:05 GMT

Gold surges on Wednesday

Although, the market recovered on Tuesday from the Brexit induced shock last week, markets have returned to risk off sentiment on Wednesday, as, in the meantime, the yellow metal met the weekly pivot point at 1,307.95 and began to increase.

Tue, 28 Jun 2016 15:50:04 GMT

USD/CAD declines, as Brexit selloff ends

As the markets recovered from the huge selloff started by the UK's referendum on membership in the European Union, the Loonie gained strength against the US Dollar on Tuesday.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.