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23.12.202117:48 Forex Analysis & Reviews: EURUSD review on December 23

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EURUSD, H4

Important data on the USA has been released - the last before Christmas.

New claims for unemployment benefits have stabilized at a low level of around 200K per week (205,000 for the week of Dec. 18).

Continuing claims have sunk to 1.86 million from the previous 1.87 million. Forecast expected it at 1.84 million.

Meanwhile, core inflation is growing by about 4.3% per annum (in November).

Personal income rose 0.4% in November, expenses decreased significantly, to 0.7% from 1.4% in October.

Orders for durable goods rose sharply by 2.5%, and without transport, it is still strong at 0.8%.

The EURUSD exchange rate practically did not react to the data in any way.

The market leaves for Christmas.

We keep buying from 1.1280, stop at 1.1260 for a reversal, then stop at 1.1305.

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