| BEST PAIR FOR BINARY OPTION : EURUSD | |
|---|---|
| EURUSD | BUY |
| ENDING TIME | 19.30 – 19.45 |
| Result | Waiting |
| Plan | Buy At 1.0695 Buy At 1.0685 Buy At 1.0675 |
we will show you how to get a signal on the Eur/Usd IQ Option for 26 May 2022.
The Eur/Usd IQ Option is a derivative product that allows traders to speculate on the direction of the EUR/USD exchange rate. The expiration date for this option is May 26, 2022.
To get a signal on this product, you will need to use a technical analysis tool like candlestick charts or trend followers. You will also need to understand the mechanics of option trading in order to be successful with this strategy.
EURUSD is an exchange rate that specifies how many USD can be converted into one EUR. This rate declines when the dollar appreciates against the euro and increases when the dollar depreciates against the euro.
There are many macroeconomic factors that affect the EUR/USD exchange rate, which are usually common in both countries. Some of the most notable factors include GDP, inflation or consumer price index (CPI). Interest rates and other monetary policies applied by central banks are also important.
The paragraph discusses the exchange rate and trade relationship between Eurozone and United States. The exchange rate reached its lowest point in December of 2016, and has since then been increasing. In August of 2017, the exchange rate reached its highest point. This indicates that
Eurozone exports are becoming more expensive compared to United States imports, which is causing a decrease in trade volume between the two countries.
Eurozone exports are dominated by machinery, nuclear reactor, boiler products and vehicles while United States exports are dominated by machinery, nuclear reactor and electrical/electronic equipment. If the trade relationship between the two regions shifts significantly towards Eurozone exports or away from United States exports in terms of value then this could have a material impact on the pair’s economy.
Durable Goods Orders Ex Transportation in the United
The main trading news release event today is the US Durable Goods Orders results for March.
The survey is an important indicator of the health of the US economy and includes the machinery, technology, manufacturing and transportation sectors.
The month-on-month figures are expected to have fallen from 2.2 percent in February to 1 percent in March, weighed down by higher prices in the commodities and raw materials supply chains.
The paragraph discusses the current market sentiment, which is wary of inflation and sensitive to any signs of a recession in the United States. If industrial activity slows down and durable goods orders results are lower-than-expected, traders may react by selling off the USD and taking shelter in another safe haven – gold. If the figures are better than expected, the USD could gain support for its current strength.
There are arguments for and against durable goods orders currently being strong. Some say high crude oil prices have made items more expensive, while others argue that the conflict in Ukraine is causing a shortage of some commodities which is impacting production.
This resilience of the US employment sector could lead to an increase in investment in durable goods, even if they are more expensive due to inflation.
Global crude oil prices have been pressured down by the COVID-19 lockdowns in China, which are expected to have a negative impact on fuel demand. This is something to keep in mind for April’s results.
