empty
21.12.2021 04:15 PM
EUR/USD review on December 21

This image is no longer relevant

EURUSD, H4

What is happening?

It would seem that the euro should, according to the "foundation," fall under the pressure of the dollar. Since the Fed is clearly in the direction of tightening policy, yields on U.S. government bonds will grow. After all, the Fed will actively reduce new purchases and the U.S. Treasury needs to raise funds. The U.S. government debt limit has just been raised to $31.4 trillion and common sense tells us that the government debt limit was not raised in order to stop borrowing.

At the same time, the ECB is trying in every possible way to delay the tightening of its monetary policy because some countries in the euro area, particularly the ones that have suffered the most from the pandemic, are still lagging behind. This suggests that the economy is still not in its best shape.

In short, according to the foundation, the euro should be falling. However, it is not.

The current trading range remains at 1.1230 - 1.1350

The euro pushed off the bottom of the range and dangles in the middle, being of no interest to either speculative buyers or sellers here.

It is possible that the issue of continuing the movement will be resolved only in 2022.

Viewpoints:

First, the euro is objectively quite cheap (1.1250-1.1300), quite low relative to long-term averages around 1.1700-1.1800. Recall that a few years ago, the typical price for the euro was 1.2000 and higher.

Second, the tensions between the largest and strongest competing countries, the United States and China, have not yet subsided. China is undoubtedly concerned about the possibility of the U.S. exerting pressure on China through control over the U.S. dollar. This makes the euro a convenient currency to mitigate these risks. Perhaps this is supporting the euro.

What do we do?

Sell from the top of the 1.1350 area, buy from the bottom of 1.1230, but after exiting the range, we turn over.

Pilih carta masa
5
min
15
min
30
min
1
jam
4
jam
1
hari
1
minggu
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

Ramalan untuk EUR/USD pada 9 Mei, 2025

Pada hari Khamis, pasangan EUR/USD melonjak semula daripada tahap pembetulan Fibonacci 76.4% pada 1.1338, berpihak kepada dolar AS, dan jatuh di bawah zon sokongan 1.1240–1.1265. Lantunan dari zon ini dari

Samir Klishi 11:24 2025-05-09 UTC+2

Isyarat Dagangan EUR/USD untuk 8-12 Mei 2025: beli di atas 1.1190 (200 EMA - 6/8 Murray)

Pada awal sesi dagangan Eropah, pasangan EUR/USD didagangkan sekitar paras 1.1224, berada di atas Purata Bergerak Eksponen (EMA) 200, namun masih di bawah tahap 6/8 Murray, dengan kecenderungan penurunan. Kemungkinan

Dimitrios Zappas 06:41 2025-05-09 UTC+2

Ramalan EUR/USD untuk 9 Mei 2025

Data dari Jerman semalam melebihi jangkaan. Pengeluaran perindustrian bagi bulan Mac meningkat sebanyak 3.0%, berbanding unjuran sebanyak 0.9% dan penurunan 1.3% pada Februari. Lebihan dagangan bagi Mac pula berjumlah €21.1

Laurie Bailey 05:55 2025-05-09 UTC+2

Ramalan GBP/USD untuk 9 Mei 2025

Semalam, Bank of England telah mengurangkan kadar faedahnya sebanyak suku mata, dengan hanya tujuh anggota Jawatankuasa mengundi menyokong keputusan itu, bertentangan dengan jangkaan konsensus yang menganggarkan kesemua sembilan anggota akan

Laurie Bailey 05:15 2025-05-09 UTC+2

Ramalan EUR/GBP untuk 9 Mei, 2025

Pada pasangan EUR/GBP dijangka akan membalikkan arah aliran menurunnya dan mula meningkat. Penurunan berbentuk baji sejak 11 April jelas mempunyai struktur pembetulan, dan pergerakan menurun ini telah menunjukkan tanda-tanda awal

Laurie Bailey 05:15 2025-05-09 UTC+2

Ramalan untuk EUR/USD pada 8 Mei 2025

Pada hari Rabu, pasangan EUR/USD dua kali melantun dari zon rintangan 1.1374–1.1383, kembali memihak kepada dolar A.S., dan memulakan penurunan baru ke arah tahap pembetulan 100.0% di 1.1265. Pergerakan

Samir Klishi 10:43 2025-05-08 UTC+2

GBP/USD. 8 Mei. Pedagang Keliru Menjelang Mesyuarat Bank of England

Pada carta satu jam, pasangan GBP/USD pada hari Rabu gagal meneruskan pergerakan menaik. Dalam dagangan semalaman, ia mengukuhkan kedudukan di bawah paras 1.3344–1.3357, kemudian pantas kembali ke zon tersebut

Samir Klishi 10:19 2025-05-08 UTC+2

Analisis Teknikal Pergerakan Harga Intraday Indeks Nasdaq 100, Khamis 08 Mei 2025.

Dengan kemunculan Perbezaan antara pergerakan harga indeks Nasdaq 100 dan penunjuk Pengayun Stochastic serta pergerakan harga yang berada di atas SMA (50) yang sedang menaik, ini memberikan isyarat bahawa dalam

Arief Makmur 09:48 2025-05-08 UTC+2

Analisis Teknikal Pergerakan Harga Intraday Pasangan Mata Wang Utama USD/JPY, Khamis 08 Mei 2025.

Pada carta 4 jam pasangan mata wang utama USD/JPY, walaupun kelihatan sedang mengukuh, perkara ini ditunjukkan oleh pergerakan harga USD/JPY yang berada di atas EMA (21), sekali gus berpotensi membawa

Arief Makmur 09:48 2025-05-08 UTC+2

Ramalan EUR/USD untuk 8 Mei 2025

Seperti yang dijangkakan, Rizab Persekutuan mengekalkan dasar monetarinya tanpa perubahan selepas mesyuarat semalam. Jerome Powell hanya sedikit mengukuhkan jangkaan pasaran mengenai peningkatan inflasi. Pasaran masih menjangkakan pemotongan kadar faedah pertama

Laurie Bailey 05:09 2025-05-08 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.