{"id":1139,"date":"2021-05-18T17:57:38","date_gmt":"2021-05-18T20:57:38","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1139"},"modified":"2021-05-18T17:57:41","modified_gmt":"2021-05-18T20:57:41","slug":"the-eurusd-session-opened-today-at-the-level-of-1-2160-from-where-it-rose-almost-unqualified-to-1-2230-slightly-above-the-vwapand-the-poc-the-market-this-week-finally-made-the-predictable-upward-mov","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/05\/18\/the-eurusd-session-opened-today-at-the-level-of-1-2160-from-where-it-rose-almost-unqualified-to-1-2230-slightly-above-the-vwapand-the-poc-the-market-this-week-finally-made-the-predictable-upward-mov\/","title":{"rendered":"The EURUSD session opened today at the level of 1.2160 from where it rose almost unqualified to 1.2230, slightly above the VWAPand the POC. The market this week finally made the predictable upward movement, breaking through the 1.2180 barrier."},"content":{"rendered":"\n<p><em>Juliana Calil<br>05\/18\/2021<\/em><\/p>\n\n\n\n<p><strong>Highlights<\/strong><\/p>\n\n\n\n<p>The EURUSD session opened today at the level of 1.2160 from where it rose almost unqualified to 1.2230, slightly above the VWAPand the POC.\u00a0The market this week finally made the predictable upward movement, breaking through the 1.2180 barrier.\u00a0Nora news regarding the cooling of the civil construction sector in the USA this afternoon, which could contain the appetite forinvestor risk, was able to hold back the EURUSD appreciation.\u00a0However, the North American stock market todayclosed down, with Dow Jones falling 0.78%, S &amp; P500 0.83% and Nasdaq 0.56%.\u00a0The shares of companies in the technology sectorsand energy prices have been pulled down by falling oil prices, fearing a nuclear deal with Iranincrease the global oil supply.<\/p>\n\n\n\n<p>Tomorrow the FED publishes the minutes of the last meeting of the monetary policy committee.\u00a0Everything indicates that it will contain only argumentsto justify the fact that the bank sees the rise in inflation in the USA as transitory and that, therefore, it will keep the policy as it isuntil at least the end of next year.\u00a0But investors will be analyzing the document with a magnifying glass looking for anypossibility of policy change.\u00a0The more the Fed ignores rising inflation, the greater the upward trend of the EURUSD.\u00a0IT&#8217;SEURUSD may reach 1.25 in the coming months.\u00a0In the short term, the pair could extend its advance to 1.2349, thehighest value reached this year.<\/p>\n\n\n\n<p>Tomorrow Eurostat will also release data from the Consumer Price Index (CPI).\u00a0Investors expect the Core CPIyear remains unchanged at 0.8% in April.<\/p>\n\n\n\n<p>This week, the most significant publications on the European market come on Friday, with preliminary indexes ofpurchasing managers for May.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"725\" height=\"321\" src=\"https:\/\/wintrademarkets.com\/news\/wp-content\/uploads\/2021\/05\/image-6.png\" alt=\"\" class=\"wp-image-1140\" srcset=\"https:\/\/wintrademarkets.com\/new\/wp-content\/uploads\/2021\/05\/image-6.png 725w, https:\/\/wintrademarkets.com\/new\/wp-content\/uploads\/2021\/05\/image-6-300x133.png 300w, https:\/\/wintrademarkets.com\/new\/wp-content\/uploads\/2021\/05\/image-6-696x308.png 696w\" sizes=\"auto, (max-width: 725px) 100vw, 725px\" \/><\/figure>\n\n\n\n<p>The DXY is trading at 89.8 higher.\u00a0The USDJPY is oscillating close to $ 108.9.\u00a0The USDCHF of $ 0.8975.\u00a0Gold isbeing traded at $ 1,869 an ounce, and silver at $ 28.2.<\/p>\n\n\n\n<p>The main facts observed by investors at the moment are:<\/p>\n\n\n\n<p><strong>COVID-19<\/strong><\/p>\n\n\n\n<p>In New York, efforts to immunize the population continue in different ways.\u00a0In this weekend,anyone who comes to the Barclays Center to watch the Brooklyn Nets game and accept the vaccineparticipate in a free playoff ticket raffle and receive free gifts from the National Basketball Association.The city has distributed more than 7.5 million doses of the vaccine against COVID-19.\u00a0The Barclays Center islocated in an important urban transport center that serves 10 subway lines and the Long Island RailRoad.<\/p>\n\n\n\n<p>The Study by the Institute of Salud Carlos III of Spain pointed out that combining doses of the vaccines of Oxford \/ AstraZeneca and Pfizer \/ BioNTech is safe and gives people high levels of immunity. The study administered 441 people under the age of 60 a first dose of AstraZeneca and a second dose of AstraZeneca Pfizer-BioNTech. Results show an increase in antibodies after the second dose and side effects patients who did not require hospitalization.<\/p>\n\n\n\n<p><strong>MACROECONOMY<\/strong><\/p>\n\n\n\n<p>In April 2021, the number of homes that started to be built in the USA was 13% lower than in March, since construction companies are reducing production due to the skyrocketing prices of commodities and the scarcity of land and qualified labor. House prices are at record levels, and increases are accelerating at the fastest pace in the past 15 years. Almost half of the construction companies say that are adding price escalation clauses to their sales contracts because of rising costs of the materials.<\/p>\n\n\n\n<p><em>Source: <a href=\"https:\/\/wintrademarkets.com\/new\" data-type=\"URL\" data-id=\"https:\/\/wintrademarkets.com\/new\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/wintrademarkets.com\/new<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Juliana Calil05\/18\/2021 Highlights The EURUSD session opened today at the level of 1.2160 from where it rose almost unqualified to 1.2230, slightly above the VWAPand the POC.\u00a0The market this week finally made the predictable upward movement, breaking through the 1.2180 barrier.\u00a0Nora news regarding the cooling of the civil construction sector in the USA this afternoon, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1083,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1139","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hft"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1139"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1139\/revisions"}],"predecessor-version":[{"id":1141,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1139\/revisions\/1141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1083"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}