Ultima MarketsMarket analysis: Euro bears are clear, but be wary of Wolff...

todayUltimaMarkets Bringing you 2024year 3month 29EUR/USDIn depth analysis.

Fundamental points

• 美元指数动态：美元指数在上周表现强劲后，出现了延续跌势的情况。许多交易员选择获利了结，今天市场将有包括核心个人消费支出数据的发布和美联储主席鲍威尔的讲话，警惕异常波动避免建立大规模定向头寸。
• 政治影响：2024年欧元区将面临多个国家的议会和总统选举，以及重要的欧洲议会选举。这些政治变动和政策倡议的变化可能会对欧元的汇率产生间接影响。
  

technical analysis

Daily chart analysis

(EUR USD daily chart, sourceUltima Markets MT4）

• Random oscillation index：昨日快线与慢线略微纠缠后再度发出空头信号，即将进入超卖区域暗示当前空头力量占据上风。
• 下方阻力：汇价在昨日跌破绿色240日均线和下行通道线下沿后，就大概率明确今日趋势以下跌为主。关注1.07618一带价位，但由于前期该价位没有明确的阻力结构因此支撑力量较弱。
  

4Hour chart analysis

(EUR/USD)4Hour chart, sourceUltima Markets MT4）

• Random oscillation index:昨日快线与慢线略微纠缠后再度发出空头信号，即将进入超卖区域暗示当前空头力量占据上风。
• 沃尔夫浪：尽管整体空头趋势非常明显，但是值得注意的是目前汇价形成了潜在的沃尔夫浪结构。目前下点趋势终点看向点1And points3的延长线，理论上价格触及延长线将有反转概率出现。
  

Trading CentralHub Line Indicators

(EUR/USD)30Minute chart, sourceUltima Markets APP）

• according toUltima Markets APPInTradingCentralHub line indicators, central price range for the day1.0799，
• 1.0799Upward bullish, first goal1.0812Second objective1.0819
• 1.0799Under bearish, first target1.0770Second objective1.0762
  

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.UltimaMarketsReasonable 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。