EUR/USD Analysis: Euro bulls extend gains despite weaker-than-expected US jobs data
===============
#5acfe72f ver:0.39
Euro bulls continue to gain ground against the US dollar despite weaker US jobs data. Disappointing US economic releases caused the USD to weaken, allowing EUR/USD to climb higher. The technical outlook suggests a bullish bias remains intact. Attention will be on comments from Federal Reserve officials and Eurostat's Producer Price Index data. Immediate resistance levels for EUR/USD are at 1.0790-1.0800, followed by 1.0830 and 1.0900. Immediate support levels are at 1.0750, 1.0720, and 1.0700. The rebound in EUR/USD comes despite the divergence between the ECB and the Fed. The outlook for the pair is bearish unless it breaks resistance levels at 1.0830 and 1.1000. #EURUSD #forex...
#newstr #Eur/usd #UsJobsNumbers #Ecb #FederalReserve
https://here.news/story/5acfe72f?ver=0.39
EUR/USD Rises as Mixed US Data Underwhelms /
npub1nx…4er6y
2024-05-06 13:57:37
Author Public Key
npub1nxtctmvfq92je3d96hrpupzva05nnz0fckgurxcqkfhyeehpzrusc4er6yPublished at
2024-05-06 13:57:37Event JSON
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"content": "EUR/USD Analysis: Euro bulls extend gains despite weaker-than-expected US jobs data\n===============\t\n#5acfe72f ver:0.39\n\nEuro bulls continue to gain ground against the US dollar despite weaker US jobs data. Disappointing US economic releases caused the USD to weaken, allowing EUR/USD to climb higher. The technical outlook suggests a bullish bias remains intact. Attention will be on comments from Federal Reserve officials and Eurostat's Producer Price Index data. Immediate resistance levels for EUR/USD are at 1.0790-1.0800, followed by 1.0830 and 1.0900. Immediate support levels are at 1.0750, 1.0720, and 1.0700. The rebound in EUR/USD comes despite the divergence between the ECB and the Fed. The outlook for the pair is bearish unless it breaks resistance levels at 1.0830 and 1.1000. #EURUSD #forex...\n\n#newstr #Eur/usd #UsJobsNumbers #Ecb #FederalReserve \n\n https://here.news/story/5acfe72f?ver=0.39",
"sig": "18fec0a635b7ed3692599e466c42575ba5249e0c2f1efefbea30e7133e7c686b6ddfbbf12c80006f84669bb1339b155d1ddbcab83b858f69ac6568fb80e3662a"
}