2020-08-21 17:13
Pagsusuri ng merkadoEUR/USD Outlook (21 August 2020)
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Pagsusuri ng merkado：
Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced up from the key level of 1.18.
The French flash PMI data will be released later at 1515 (SGT).
-French Flash Services PMI (Forecast: 56.3, Previous: 57.3 revised from 57.8)
-French Flash Manufacturing PMI (Forecast: 53.0, Previous: 52.4 revised from 52.0)
The German flash PMI data will be released later at 1530 (SGT).
-German Flash Services PMI (Forecast: 55.3, Previous: 55.6 revised from 56.7)
-German Flash Manufacturing PMI (Forecast: 52.2, Previous: 51.0 revised from 50.0)
The eurozone flash PMI data will be released later 1600 (SGT).
-Eurozone Flash Services PMI (Forecast: 54.6, Previous: 54.7 revised from 55.1)
-Eurozone Flash Manufacturing PMI (Forecast: 52.7, Previous: 51.8 revised from 51.1)
EUR/USD’s next support zone is at 1.17200 and the next resistance zone is at 1.19200.
Look for short-term buying opportunities of EUR/USD up until the release of the PMI data.
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EUR/USD Outlook (21 August 2020)
Singapore | 2020-08-21 17:13Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced up from the key level of 1.18.
The French flash PMI data will be released later at 1515 (SGT).
-French Flash Services PMI (Forecast: 56.3, Previous: 57.3 revised from 57.8)
-French Flash Manufacturing PMI (Forecast: 53.0, Previous: 52.4 revised from 52.0)
The German flash PMI data will be released later at 1530 (SGT).
-German Flash Services PMI (Forecast: 55.3, Previous: 55.6 revised from 56.7)
-German Flash Manufacturing PMI (Forecast: 52.2, Previous: 51.0 revised from 50.0)
The eurozone flash PMI data will be released later 1600 (SGT).
-Eurozone Flash Services PMI (Forecast: 54.6, Previous: 54.7 revised from 55.1)
-Eurozone Flash Manufacturing PMI (Forecast: 52.7, Previous: 51.8 revised from 51.1)
EUR/USD’s next support zone is at 1.17200 and the next resistance zone is at 1.19200.
Look for short-term buying opportunities of EUR/USD up until the release of the PMI data.
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