The calm before the storm | 10 Octubre 2023

10 Octubre 2023, EUR/USD

The calm before the storm

EURUSD trading plan:

Investor morale in the euro zone fell less than expected at the start of October, with Germany's economic weakness continuing to drag on the region but expectations rising slightly, a fresh survey showed. Sentix index for the euro zone declined to -21.9 points in October from -21.5 in September. In the euro zone, and especially in Germany, the economic situation remains weak and the recessionary tendencies persist. The subindex for future expectations in the euro zone rose to -16.8 points, from -21.0 in the previous month, recording its highest level since April.

Investment idea: range 1.0510 -1.0600.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.