- Analytics
- News and Tools
- Market News
- EUR/USD: Additional gains back above 1.0800 in the session would be supportive of a mild rebound – Scotiabank
EUR/USD: Additional gains back above 1.0800 in the session would be supportive of a mild rebound – Scotiabank
EUR/USD is edging off its intraday low open but remains below 1.0800. Economists at Scotiabank analyze the pair’s outlook.
Resistance is seen at 1.0845/1.0855
EUR/USD losses have edged off the intraday low at 1.0775 and short-term price signals are leaning bullish as a result.
The six-hour chart reflects a potential ‘doji’ candle developing now.
Additional EUR gains back above the 1.0800 zone in the session ahead would be supportive of a mild rebound in the pair at least.
Resistance is seen at 1.0845/1.0855.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
