Ultima MarketsMarket analysis: Whether the euro is rising or falling back depends on todayM...

todayUltimaMarkets Bringing you 2023 year 11month 17day EUR/USDIn depth analysis.

Fundamental points

•         美联储紧缩影响消退：前期美元的升值趋势主要受美国经济强劲以及明确的加息周期支撑。而美国10月通胀低于预期夯实了美联储暂停加息的基础，短期美元需要消化计价降息周期来临的影响。
•         欧央行货币政策影响：与美联储不同，在连续10次会议加息后，欧洲央行将存款利率维持在4.00%的历史高位，欧元也早已计价当前周期不会再加息。
  

technical analysis

Daily chart analysis

(EUR USD daily chart, sourceUltima Markets MT4）

•         Random oscillation index：指标缓慢进入超买区域，暗示多头正占据上风，目前的下跌暂时视为调整结构。
•         Upward channel line：上通道线在周二被打破，明确了上行趋势的强势，行情在回踩后或将继续上冲。
•         5Daily moving averagered5日均线是潜在的支撑价位，若汇率继续回调则第一目标看向5Around the daily moving average.
  

1Hour chart analysis

(EUR/USD)1Hour chart, sourceUltima Markets MT4）

•         Random oscillation index：指标缓慢下行，暗示整体汇价下跌趋势可能是调整回调。
•         关键支撑价位：目前价格正在形成M型的顶部结构，若跌破支撑线也就是M顶的颈线支撑价位，则行情或将进入深度调整。反之，该支撑价位不破今日欧元将继续上涨。
•         65average：黑色65周期均线与颈线位置重合，加强了这一支撑线被突破的难度。
  

Hub Line Indicators

(EUR/USD)1Hour chart, sourceUltima Markets MT4）

•         according toUltima Markets MT4InpivotIndicator, daily central price level1.08572，
•         1.08572Upward bullish, first goal1.08843Second objective1.09227
•         1.08572Under bearish, first target1.08194Second objective1.07918
  

Disclaimers

The comments, news, research, analysis, pricing, and other information contained in this article can only be considered as general market information and are provided solely to assist readers in understanding the market situation and do not constitute investment advice.Ultima MarketsReasonable measures have been taken to ensure the accuracy of the data, but the accuracy of the data cannot be guaranteed and can be changed at any time without notice.UltimaMarketsWe will not be responsible for any losses or losses (including but not limited to any loss of profits) that may arise from the direct or indirect use or reliance on such information.