EUR/USD Analysis: RSI Establishes Down Trend Ahead of Fed Symposium

August 24, 2020 at 03:10AM

Recent developments in the Relative Strength Index (RSI) warn of a potential shift in EUR/USD behavior as the indicator establishes a downward trend in August. Continue Reading…

From: David Song
Selected by fonecable.com

Search Web: EUR/USD Analysis: RSI Establishes Down Trend Ahead of Fed Symposium

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

About Post Author

fonecableco

fonecable@hotmail.com

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

FX Street

EUR/GBP dives to fresh multi-month lows after ECB Knot's comments on euro 27 January 2021

The emergence of some selling around the shared currency dragged the EUR/GBP cross to fresh eight-month lows, around the 0.8825 region in the last hou

Germany’s DIW: Economy likely to contract 3% in Q1 2021 27 January 2021

Germany, Europe’s largest economy probably contracted by 3% in the January to March period, the latest forecasts published by Germany’s economic insti

Gold Price Analysis: $1810 is the level to beat for XAU/USD bears – Commerzbank 27 January 2021

Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, said that gold is likely to remain in a consolidative mode this week while it

Apple (AAPL Stock) turnover set for record quarter 27 January 2021

In less than 12 months the Apple share price has more than doubled, from the lows of $54 to closing at $143 last night, with expectations high for ano

WTI Price Analysis: Focus on Wednesday’s close amid a potential bull flag 27 January 2021

WTI (futures on NYMEX) battles the $53 mark, reversing most of Tuesday’s losses, as the bulls await the Energy Information Administration (EIA) US cru

USD/CHF jumps to 0.8900 neighborhood amid broad-based USD strength 27 January 2021

The intraday USD buying picked up pace during the early European session and pushed the USD/CHF pair to fresh daily tops, closer to the 0.8900 mark in

EUR/USD tumbles as ECB’s Knot says euro strength would take prominence if it threatens inflation outlook 27 January 2021

Commenting on the euro exchange rate, the European Central Bank (ECB) Governing Council member and the head of the Dutch central bank Klass Knot said

USD/INR would target 72.76/41 if 73.08/72.99 support is broken – Commerzbank 27 January 2021

Axel Rudolph, part of FICC technical analysis team at Commerzbank, suggests that USD/INR is likely to break below the 73.08/72.99 key support area. Ke

Italy Trade Balance non-EU up to €7.91B in December from previous €6.68B 27 January 2021

Italy Trade Balance non-EU up to €7.91B in December from previous €6.68B

Austria Purchasing Manager Index increased to 54.2 in December from previous 53.5 27 January 2021

Austria Purchasing Manager Index increased to 54.2 in December from previous 53.5

Switzerland ZEW Survey – Expectations above expectations (37.9) in January: Actual (43.2) 27 January 2021

Switzerland ZEW Survey – Expectations above expectations (37.9) in January: Actual (43.2)

FOMC meeting in the spotlight – Danske Bank 27 January 2021

Analysts at Danske Bank note that the FOMC monetary policy decision is the main mover this Wednesday. Key quotes “Tonight, the focus is on the FOMC me

GBP/USD surrenders early gains to fresh multi-year tops, retreats to 1.3730 area 27 January 2021

The GBP/USD pair faded an early European session spike to fresh 32-month tops and has now retreated to the lower end of its daily trading range. The p

AUD/USD holds the lower ground below 0.7750 ahead of US data, Fed 27 January 2021

AUD/USD is feeling the pull of gravity once again, as the US dollar bulls are back in charge in the European session. The spot stalled its tepid bounc

Sweden Trade Balance (MoM) climbed from previous 1.4B to 2.7B in December 27 January 2021

Sweden Trade Balance (MoM) climbed from previous 1.4B to 2.7B in December

Gamestop (GME) Stock Price and Forecast: Reddit army set to push above $200, defeating hedge funds 27 January 2021

Gamestop (GME) has undoubtedly been the hottest stock of 2021. In 2021, GME is up over 300% and that is after GME shares halved from the intraday high

USD/JPY holds steady around 103.65-70 area, lacks follow-through ahead of FOMC 27 January 2021

The USD/JPY pair held on to its modest daily gains through the early European session, albeit lacked any strong follow-through buying. The pair remain

CCIV stock price and news: Churchill Capital Corp IV set to retreat as Lucid Motors SPAC awaits 27 January 2021

Chinese electric vehicles out, a new American one in? Churchill Capital Corp IV (NYSE: CCIV) is a Special Purpose Acquisition Company (SPAC) – or "bla

France Consumer Confidence registered at 92, below expectations (94) in January 27 January 2021

France Consumer Confidence registered at 92, below expectations (94) in January

Gold Price Analysis: XAU/USD trades with modest losses, just below $1850 level 27 January 2021

Gold remained depressed through the early European session, albeit has managed to recover a bit from weekly lows and was last seen trading just below

EUR/USD Analysis: RSI Establishes Down Trend Ahead of Fed Symposium

August 24, 2020 at 03:10AM

Search Web: EUR/USD Analysis: RSI Establishes Down Trend Ahead of Fed Symposium

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Recent Posts

About Post Author

fonecableco

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Average Rating

Leave a Reply Cancel reply

Dollar holds steady as investors await Powell for catalysts

Dollar Flat, All Eyes on Fed’s Jackson Hole Meeting on Thursday

August 24, 2020 at 03:10AM

ADVERTISEMENT

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

ADVERTISEMENT

July Reports

ADVERTISEMENT

Average Rating

Leave a Reply Cancel reply

Related Post