EUR/USD: EUR STATIC SA MID-1.10 RANGE – SCOTIABANK

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Ang Euro (EUR) ay maliit na nabago sa session, ang sabi ng Chief FX Strategist ng Scotiabank na si Shaun Osborne.

Ang mga rebisyon ng PMI ay nabigo

"Ang Panghuling Eurozone Services at Composite PMI data ay medyo mas masahol kaysa sa paunang nabasa noong Agosto. Ang data ng Espanyol at Italyano ay halos mas mahusay kaysa sa data ng Hulyo ngunit nabigong matugunan ang mga inaasahan. Ang Composite data ng France ay binagong bahagyang mas mataas habang ang data ng German ay binago ng kaunti."

"Ang data ay walang makabuluhang epekto sa spot trading ngunit ang mabagal na momentum ng paglago sa Eurozone ay maaaring magpaliit sa kakayahan ng EUR na masulit ang isang malambot na USD sa sandaling magsimula ang Fed easing cycle. Napanatili ng Spot ang mahinang teknikal na tono pagkatapos na umabot sa 1.12 puntos sa huling bahagi ng nakaraang buwan."

"Ngunit ang mga pagkalugi sa EUR ay nagpapakita ng mga palatandaan ng pag-flatte sa paligid ng mid-1.10 na lugar, na halos katumbas ng 1.1040 retracement support point (38.2% ng August rally ng EUR). Ang panandaliang pagkilos sa presyo ay nagmumungkahi ng isang menor de edad na mababang maaaring naabot kahapon sa mabilis na pagbaba sa ilalim ng 1.1030. Ang resistance at minor bull trigger ay 1.1100/05."



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