ANALYSIS
NQ100 Finds Support from PPIApr 14
EURUSD recovered the recent losses
Natural gas prices depreciated strongly and fell below 200 euros. However, while the inflation expectations were also eroded a little, the prediction that the European Central Bank (ECB) will decide to end the asset purchases, which are expected to continue until October, in the second or third quarter of the year in new projections, created a reaction in euro assets. Technically, the pair recovered from 1.0805, the lowest level seen for the last 22 months, put an end to the descending minor trend. If it exceeds 1.1060 and 1.1105 levels, we will follow 1.1150 indicated by Fibonacci retracement of 50.0 percent.
