Friday 16th October: Technical Outlook and Review

Key risk events today: US Core Retail Sales m/m and Retail Sales m/m; US Prelim UoM Consumer Sentiment. (Previous analysis as well as outside sources – italics). EUR/USD: Downbeat risk sentiment bolstered demand for the US dollar Thursday, consequently leading EUR/USD sharply lower. Following a H4 retest at August’s opening value from 1.1771 (and converging … Continue reading Friday 16th October: Technical Outlook and Review

EBX Markets

15 Oct 2022

Thursday 15th October: Technical Outlook and Review

Key risk events today: Australia Jobs Figures; Philly Fed Manufacturing Index; US weekly Unemployment Claims. (Previous analysis as well as outside sources – italics). EUR/USD: Europe’s single currency modestly rebounded from one-week lows against a broadly softer greenback on Wednesday. Technically, the H4 candles recoiled from October’s opening value at 1.1730 with enough force to … Continue reading Thursday 15th October: Technical Outlook and Review

EBX Markets