{"id":483,"date":"2024-03-19T19:28:07","date_gmt":"2024-03-19T19:28:07","guid":{"rendered":"https:\/\/thetalabmarketing.net\/?p=483"},"modified":"2024-03-21T00:11:13","modified_gmt":"2024-03-21T00:11:13","slug":"eurusd-on-monday-dropped-0-14-to-1-08716-winners-and-losers","status":"publish","type":"post","link":"https:\/\/thetalabmarketing.net\/?p=483","title":{"rendered":"EURUSD on Monday dropped -0.14% to 1.08716. Winners and losers."},"content":{"rendered":"\n<div style=\"height:45px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Dear&nbsp;<\/strong>,<\/p>\n\n\n\n<p>As requested, let\u2019s look at EURUSD and the recent events that happened in the previous trading session.<\/p>\n\n\n\n<p><strong>EURUSD Analysis<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td colspan=\"6\"><strong>Performance after Monday<\/strong><\/td><\/tr><tr><td><strong>Period<\/strong><\/td><td><strong>Pct<\/strong><\/td><td><strong>Chg<\/strong><\/td><td><strong>Momentum<\/strong><\/td><\/tr><tr><td>Monday<\/td><td>-0.14%<\/td><td>-15.3 Pips<\/td><td><img decoding=\"async\" src=\"https:\/\/economicrecap.com\/images\/trend-down.jpg\" width=\"32px\"><\/td><\/tr><tr><td>Week to-date<\/td><td>-0.14%<\/td><td>-15.3 Pips<\/td><td><img decoding=\"async\" src=\"https:\/\/economicrecap.com\/images\/trend-down.jpg\" width=\"32px\"><\/td><\/tr><tr><td>March<\/td><td>0.61%<\/td><td>66.3 Pips<\/td><td><img decoding=\"async\" src=\"https:\/\/economicrecap.com\/images\/trend-mixed-up.jpg\" width=\"32px\"><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Upcoming key events (London Time)<\/strong><\/p>\n\n\n\n<p><img decoding=\"async\" src=\"https:\/\/economicrecap.com\/images\/flag\/US.png\">&nbsp;<img decoding=\"async\" src=\"https:\/\/economicrecap.com\/images\/impact\/HIGH.png\">&nbsp;Wed 06:00 PM USD FOMC Monetary Policy Statement<br><img decoding=\"async\" src=\"https:\/\/economicrecap.com\/images\/flag\/US.png\">&nbsp;<img decoding=\"async\" src=\"https:\/\/economicrecap.com\/images\/impact\/HIGH.png\">&nbsp;Wed 06:00 PM USD FOMC Economic Projections<br><img decoding=\"async\" src=\"https:\/\/economicrecap.com\/images\/flag\/US.png\">&nbsp;<img decoding=\"async\" src=\"https:\/\/economicrecap.com\/images\/impact\/HIGH.png\">&nbsp;Wed 06:00 PM USD Fed Interest Rate Decision (Federal Funds Rate)<\/p>\n\n\n\n<p><strong>What happened lately<\/strong><\/p>\n\n\n\n<p>No major activities.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>What can we expect from EURUSD today?<\/strong><\/p>\n\n\n\n<p>EURUSD on Monday&nbsp;dropped&nbsp;-0.14% to 1.08716. Price is below 9-Day EMA while Stochastic is falling.<\/p>\n\n\n\n<p>Updated daily direction for EURUSD looks bearish as the pair posted lower in Monday trading session.<\/p>\n\n\n\n<p>Looking ahead for the day, immediate support level is at S1 1.08562 with break below could see further selling pressure towards S2 at 1.08409. To the upside, with the current momentum bearish, we prefer to look at breakout of the recent daily high of 1.09061 as a potential indicator of buying interest. Failure to break the resistance level would continue to echo bearish sentiment. A close below 1.08658 would indicate selling pressure.<\/p>\n\n\n\n<p>For the week to-date, take note that EURUSD is bearish as the pair posted lower by -0.14%.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/pricebreakout.com\/23fds49\/204969-EURUSD.png\"><img decoding=\"async\" src=\"https:\/\/pricebreakout.com\/23fds49\/204969-EURUSD.png\" alt=\"\"\/><\/a><\/figure><\/div>\n\n\n<p><strong>Key levels to watch out:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>R3<\/strong><\/td><td>1.09368<\/td><\/tr><tr><td><strong>R2<\/strong><\/td><td>1.09215<\/td><\/tr><tr><td><strong>R1<\/strong><\/td><td>1.08965<\/td><\/tr><tr><td><strong>Daily Pivot<\/strong><\/td><td>1.08812<\/td><\/tr><tr><td><strong>S1<\/strong><\/td><td>1.08562<\/td><\/tr><tr><td><strong>S2<\/strong><\/td><td>1.08409<\/td><\/tr><tr><td><strong>S3<\/strong><\/td><td>1.08159<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Dear&nbsp;, As requested, let\u2019s look at EURUSD and the recent events that happened in the previous trading session. EURUSD Analysis Performance after Monday Period Pct Chg Momentum Monday -0.14% -15.3 Pips Week to-date -0.14% -15.3 Pips March 0.61% 66.3 Pips Upcoming key events (London Time) &nbsp;&nbsp;Wed 06:00 PM USD FOMC Monetary Policy Statement&nbsp;&nbsp;Wed 06:00 PM [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":484,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-research"],"_links":{"self":[{"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=\/wp\/v2\/posts\/483"}],"collection":[{"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=483"}],"version-history":[{"count":2,"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=\/wp\/v2\/posts\/483\/revisions"}],"predecessor-version":[{"id":742,"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=\/wp\/v2\/posts\/483\/revisions\/742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=\/wp\/v2\/media\/484"}],"wp:attachment":[{"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetalabmarketing.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}