EURUSD Price Outlook Cloudy - ECBs Rehn Talks Rate Cuts and More QE

EURUSD Price, Chart and Analysis:

EURUSD价格，图表与分析：

• ECB primed to intervene if economic weakness continues.

  如果经济疲软继续下去，欧洲央行准备进行干预。

• EURUSD unable to break higher, despite US dollar weakness.

  尽管美元疲软，但欧元兑美元无法突破。

Q2 2019 EUR Forecast and USD Top Trading Opportunities

2019年第二季度欧元预测和美元最大交易机会

Bank of Finland governor and ECB governing council member Olli Rehn is back out on the wires Tuesday reiterating that the ECB stands ready to act, using all tools available, to counter the ongoing economic weakness and stubbornly low inflation in the Euro-Zone. Rehn, a candidate for the upcoming ECB President‘s role, said that the central bank is ’determined to act and stands ready to adjust all of its instruments, as appropriate‘. He also noted that ’external risks to the Euro-Area won‘t fade in the near future’.

芬兰银行行长和欧洲央行管理委员会成员Olli Rehn周二重申电报欧洲央行随时准备采取一切可用工具，以应对欧元区持续的经济疲软和顽固的低通胀。即将出任欧洲央行行长职位的候选人雷恩表示，央行“决心采取行动并随时准备调整其所有工具”。他还指出，“欧元区的外部风险在不久的将来不会消退”。

These instruments include stronger forward guidance, cutting interest rates further, potential changes to bank reserve rates and re-starting quantitative easing (QE). The ECB ended the last QE program at the end of 2018 and a swift re-introduction of the program would highlight the lack of effect the four-year, EUR2.6 trillion+ bond buying program has had on the economy. Growth remains tepid, while inflation expectations are near record lows.

这些工具包括更强的前瞻性指引，进一步降低利率，潜在变化银行存款准备金率和重新启动量化宽松（QE）。欧洲央行在2018年底结束了最后一次量化宽松计划，并迅速重新启动该计划，这将强调这项为期四年，2.6万亿欧元以上的债券购买计划对经济的影响不大。增长仍然不温不火，而通胀预期接近历史低点。

EURUSD price action is currently predicated on US dollar more, more than Euro strength. Post last Thursdays ECB meeting – where the governing council officially push rates lower for longer – EURUSD touched a peak just under 1.1350 before fading back to its current quote around 1.1318. The pair traded at a 2019 high of 1.1571 on January 10 before sliding lower over the course of 2019. EURUSD remains in overbought territory, using the CCI indicator, and its upside is currently blocked by the 200-day moving average, a long-term indicator that has held firm all the way back to May 2018.

欧元兑美元的价格行动目前基于美元走势，超过欧元强势。上周四公布的欧洲央行会议 - 理事会正式推动利率下调更长时间 - 欧元兑美元触及1.1350附近的高点，随后回落至1.1318附近。该货币对在1月10日触及2019年高点1.1571，随后在2019年走低。欧元兑美元仍处于超买区域，使用CCI指标，其上涨目前受到200日均线阻力，长期走势指标一直坚持到2018年5月。

EURUSD Price – Bulls Clash with Technical Resistance

欧盟美元价格 - 公牛与技术阻力发生冲突

EURUSD Daily Price Chart (October 2018 – June 11, 2019)

欧元兑美元每日价格走势图（2018年10月 - 2019年6月11日）

Retail traders are 43.8% net-long EURUSD according to the latest IG Client Sentiment Data, a bullish contrarian indicator. However recent daily and weekly positional changes give us a mixed trading bias.

根据最新的IG客户情绪数据，零售交易商的净多头欧元兑美元为43.8％，这是一个看涨的逆势指标。然而，最近的每日和每周位置变化给我们带来了混合交易偏见。