14.09.2021 03:20 PMEUR/USD, H4:
Today, all traders pay special attention to the stock market of the Eurozone and the United States. At 12:30 UTC, the most important news will be published - the core consumer price index, which reflects changes in the price of goods and services.
According to the Elliott wave theory, the EUR/USD currency pair is in the initial part of a bullish wave, which takes the form of an impulse. It is assumed that impulse (1) and correction (2) have fully completed their pattern, which gives a hint of price growth in the next more powerful wave (3).
It is assumed that with the release of CPI data, the market will rapidly start moving up above the high of 1.1911.
It is possible to consider opening buy deals in the current situation in order to take profit at the specified level.
We continue to follow the news and open profitable deals.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
