Euro weaker than we thought + Dax30 PP

By Biznes-Broker | Analysis of the financial markets | 6 Aug 2021

EURUSD

After yesterday, I expected a stronger rebound, but as you can see the expectations are over. The start was quite good and the price was going as planned, but in the end, after the dollar appreciated, the investors started to deepen the low on the EURUSD. In this situation, with further continuation of the decline, the range may even reach the second blue support line. This is a strong price level that will overlap with OverBalance. Analysts predict that today's US non-farm payrolls data will improve, which is evidence of a further strengthening of the USD.

DAX30 Pivot Points

Daily S3 - 15600

Daily S2 - 16300

Daily S1 - 15690

Daily PP - 15720

Daily R1 - 15780

Daily R2 - 15810

Daily R3 - 15870

Resources

http://biznes-broker.com/

Blog Investing Stock Market eurusd DAX30

How do you rate this article?

Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.

Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.