EURUSD - FOMC CPI DATA WITH CURRENT SENTIMEN ANALYSE , DXY

١١ مايو ٢٠٢٢

⛔️ Today is a fairly important day for the EURUSD. This is due to the release of USD CPI DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the EURO has been hit hard by the USD. This is because some of the UPDATES coming from the EURO ZONE are quite NEGATIVE. But even if USD CPI is NEGATIVE, its impact will largely be on the EURO itself.

⛔️ DXY is currently at 103.717 LEVEL. Also the EUR FEATURE stays at 1.0557 LEVEL. The EURUSD PRICE is currently below the DYNAMIC S / R LEVELS. Most likely the PRICE will SELL a SHORT TERM a little more.

⛔️ Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES gives us a GREEN COLOR. So I'm trying to be a bit of a HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly DOWN SIDE BIAS. BONDS SPREADS IS GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON.

⛔️ The EURUSD PRICE can be slightly down to 1.0314 LEVEL. Today's USD HIGH VOLATILE EVENTS may make a difference. So stay tuned. USD INFLATION DATA or CPI DATA to be released today at NEWYORK SESSION