{"id":2348,"date":"2020-05-27T13:12:00","date_gmt":"2023-03-31T20:18:56","guid":{"rendered":""},"modified":"2024-05-29T08:16:24","modified_gmt":"2024-05-29T08:16:24","slug":"eurusd-is-breaking-out-200sma","status":"publish","type":"post","link":"https:\/\/blog.zulutrade.com\/fr\/eurusd-is-breaking-out-200sma\/","title":{"rendered":"EURUSD is breaking out 200SMA"},"content":{"rendered":"

A big debate has been initiated among EU countries about how they should use the planned European Recovery Fund to deal with the consequences of coronavirus. The Netherlands <\/span>supports<\/span><\/a> the loan-scheme while Germany and France prefer the grant-model. As Armin Laschet <\/span>said <\/span><\/a>\u00ab\u00a0We need an emergency recovery fund to stimulate the recovery. We believe this should consist of loans, without any mutualization of debts,\u00a0\u00bb. Additionally, François Villeroy de Galhau <\/span>said<\/span><\/a> that ECB might have to emulate the Federal Reserve’s Main Street Lending Program, statement which acts supporting for EURUSD.<\/span><\/p>\n

Reviewing the technicals, and starting from the daily chart, EURUSD is currently moving above 200SMA as was consolidating below it for days. There is already a bullish crossover of 20EMA with 50SMA. <\/span><\/p>\n

CopyTrade with ZuluTrade<\/span><\/a><\/p>\n

EURUSD daily chart
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<\/span><\/p>\n

Heading to the hourly, the pair is moving above the trendline, and traders may consider the blue area as short-term support. All moving averages are looking bullish and the price has already bounced on 20EMA and 50SMA. Last but not least, buyers must monitor the potential negative divergence on RSI and MACD.<\/span><\/p>\n

CopyTrade with ZuluTrade<\/span><\/a><\/p>\n

EURUSD Hourly chart
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<\/span><\/p>\n

Checking the<\/span> ZuluTrade’s Traders Sentiment<\/span><\/a>, the community is currently selling EURUSD..<\/span><\/p>\n

 \"\"<\/p>\n

In focus this week<\/span> (<\/span>economic calendar<\/span><\/a>):<\/span><\/p>\n

EuropeanMonetaryUnion – ECB’s President Lagarde speech<\/span><\/p>\n

Disclaimer<\/strong><\/p>\n

The views expressed do not constitute investment or any other advice \/recommendation \/suggestion and are subject to change. Reliance upon information in this material is at the sole discretion of the reader. Opinions expressed in the report do not represent the opinion of<\/span> ZuluTrade Social Trading Platform<\/span><\/a> and do not constitute an offer or invitation to anyone to invest or trade.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

A big debate has been initiated among EU countries about how they should use the planned European Recovery Fund to deal with the consequences of coronavirus. The Netherlands supports the loan-scheme while Germany and France prefer the grant-model. As Armin Laschet said \u00ab\u00a0We need an emergency recovery fund to stimulate the recovery. We believe this should […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2348","post","type-post","status-publish","format-standard","hentry","category-market-view"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1716970627:4"],"rank_math_seo_score":["19"],"rank_math_primary_category":["2"],"_edit_last":["4"],"rank_math_og_content_image":["a:2:{s:5:\"check\";s:32:\"5f45d75bd5f724be5575fd14ef77baa7\";s:6:\"images\";a:3:{i:0;s:56:\"\/image.axd?picture=\/2020\/2752020\/EURUSDDaily 2752020.png\";i:1;s:53:\"\/image.axd?picture=\/2020\/2752020\/EURUSDH1 2752020.png\";i:2;s:50:\"\/image.axd?picture=\/2020\/2752020\/eurusd sentim.PNG\";}}"],"rank_math_analytic_object_id":["193"]},"pll_post_group":null,"_links":{"self":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/comments?post=2348"}],"version-history":[{"count":1,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2348\/revisions"}],"predecessor-version":[{"id":4015,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/posts\/2348\/revisions\/4015"}],"wp:attachment":[{"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/media?parent=2348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/categories?post=2348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.zulutrade.com\/fr\/wp-json\/wp\/v2\/tags?post=2348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}