empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

16.09.202204:49 Forex Analysis & Reviews: Forecast for EUR/USD on September 16, 2022

The euro managed to grow by 0.14% yesterday while the dollar index rose by 0.07%. The price is approaching the target resistance at 1.0032, reinforced by the MACD indicator line on a daily scale. The Marlin Oscillator has penetrated into the positive area and now the price will try to overcome this resistance. Success will allow the euro to rise to 1.0150.

Exchange Rates 16.09.2022 analysis

But in fact, the price is still in the consolidation area (0.9950-1.0032), the general trend is downward, there is a volume exit from risk in adjacent markets - the S&P 500 lost 1.13% yesterday, and this morning the Japanese Nikkei 225 is down by 1.21%, yields on US government bonds are growing for the fifth consecutive day.

Today's European CPI data for August is expected to remain unchanged - core CPI 4.3% y/y, headline CPI 9.1% y/y. In the US, the consumer expectations index from the University of Michigan for September is forecast to rise from 58.0 to 59.7. The euro's growth against the decline of other world currencies should stop and we are waiting for the quote at the target level of 0.9850.

Exchange Rates 16.09.2022 analysis

The price is consolidating under the MACD indicator line on the four-hour chart, although visually this consolidation looks like growth, because the MACD line itself is growing. Consolidation data are mainly signs of a further decline in the instrument in question. The final confirmation of the main downward scenario will be when the price overcomes the support level of 0.9950.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.