Breaking News
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

Technical Tuesdays: Euro Bouncing Back (Video)

By Pepperstone (Luke Suddards)Market OverviewJul 19, 2022 19:50
au.investing.com/analysis/technical-tuesdays-euro-bouncing-back-video-200516418
Technical Tuesdays: Euro Bouncing Back (Video)
By Pepperstone (Luke Suddards)   |  Jul 19, 2022 19:50
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
EUR/USD
-1.48%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
GBP/USD
-3.54%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
USD/JPY
+0.69%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
AUD/USD
-1.76%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
XAU/USD
-1.66%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
DX
+1.54%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Every Tuesday, Pepperstone's Global Macro Strategist Luke Suddards will be analyzing the charts of key global asset classes such as FX, commodities and more.

This week, he starts with a look at the dollar and whether its recent pullback from highs will see follow-through after reports that a 100 basis point hike from the Fed is off the table. Luke then moves to the EUR/USD - where an ECB decision and direction is due this week, while political crosswinds from Italy and Germany weigh on the Euro. The GBP/USD got a boost from strong employment data, and Luke walks through the outlook there. The fx section ends with a look at the USD/JPY and AUD/USD pairs.

Luke then looks at Gold Futures and the potential of a bounce from an oversold level amidst rising real yields that put pressure on the yellow metal. He concludes with a study of Brent oil, where a bit of a bounce seems to be playing out.

 

Technical Tuesdays: Euro Bouncing Back (Video)
 

Related Articles

Alla Makeyeva
Can The Pound Sterling Recover? By Alla Makeyeva - Sep 24, 2022

The Bank of England (BoE) has defied market expectations by raising interest rates by 50bps at its September meeting. Implied pricing showed that market participants were skewed...

Technical Tuesdays: Euro Bouncing Back (Video)

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email