• July 9, 2026, 4:30 pm
• July 9, 2026, 1:36 pm
Friday, July 10, 2026
EURTHB Awaits German CPI
EURTHB Awaits German CPI
Euro/Thai Baht SAXO:EURTHB
Market Analysis: EURTHB is expected to move within a range with a weaker bias. Today, markets are closely monitoring Germany’s June CPI and HICP data, which are anticipated to remain flat month-on-month. Higher-than-expected inflation figures could fuel expectations that the ECB will delay rate cuts, thereby supporting the EUR. Later in the evening, the ECOFIN meeting takes place; any remarks regarding Europe’s economic or fiscal outlook may inject volatility into the euro.
Technical Outlook: The EURTHB chart has transitioned to a Bearish Bias after failing to sustain above the 38.19–38.22 resistance zone. This led to a Change of Character (CHoCH) followed by Lower Highs (LH) and Lower Lows (LL), indicating a short-term structural shift from an uptrend to a downtrend. The price has broken below the EMA line and is currently approaching the Order Block (OB) zone at 38.10, which acts as a key support. If the price holds above this Order Block, it could retest the resistance zone at 38.19–38.23.
Risks: While the RSI is nearing oversold territory—which could prompt short-term buying—failure to reclaim the 38.19 level leaves the pair vulnerable to further selling pressure. A break below 38.10 would confirm a violation of the key Order Block support, opening the door for an extension toward 38.06–38.00. Furthermore, a positive opening in the Thai stock market this morning could create additional headwinds for EURTHB.
Support Level : 38.10 – 38.06
Target : 38.19 – 38.23
Stop Loss : 38.04
source https://www.tradingview.com/chart/EURTHB/1XhgKD72-EURTHB-Awaits-German-CPI/
Thursday, July 9, 2026
The Federal Reserve's hawkish pivot and rising expectations of interest rate hikes have bolstered the U.S. dollar, driving the DXY index up to 101.30 and approaching its strong range for the year. - Moomoo
• July 8, 2026, 1:24 pm
• July 8, 2026, 10:27 am
• July 8, 2026, 3:19 am
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