Overall, EUR/USD is ranging across.
The eurozone ZEW Economic Sentiment data (Actual: 48.6, Forecast: 54.4, Previous: 49.4) released yesterday indicated a further decline in the surveyed investors and analysts’ sentiment on the economic outlook for eurozone.
The eurozone flash employment change q/q data released yesterday indicated a slowdown in the number of jobs added into the eurozone economy during the fourth quarter of 2021. The flash GDP q/q data released showed continued expansion in the eurozone economy at the same pace.
Currently, EUR/USD is trading towards the resistance zone of 1.13800 and the next support zone is at 1.12000.
Look for short-term buying opportunities of EUR/USD only if it breaks the resistance zone of 1.13800.
The eurozone ZEW Economic Sentiment data (Actual: 48.6, Forecast: 54.4, Previous: 49.4) released yesterday indicated a further decline in the surveyed investors and analysts’ sentiment on the economic outlook for eurozone.
The eurozone flash employment change q/q data released yesterday indicated a slowdown in the number of jobs added into the eurozone economy during the fourth quarter of 2021. The flash GDP q/q data released showed continued expansion in the eurozone economy at the same pace.
- Flash employment change q/q (Actual: 0.5%, Forecast: 1.0%, Previous: 1.0% revised from 0.9%)
- Flash GDP q/q (Actual: 0.3%, Forecast: 0.3%, Previous: 0.3%)
Currently, EUR/USD is trading towards the resistance zone of 1.13800 and the next support zone is at 1.12000.
Look for short-term buying opportunities of EUR/USD only if it breaks the resistance zone of 1.13800.
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Join my mailing list jindaotai.com/joinme
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.