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Technical analysis of EUR/USD for Feb 28, 2017
When the European market opens, some Economic Data will be released, such as Italian Prelim CPI m/m, French Prelim GDP q/q, French Prelim CPI m/m and French Consumer Spending m/m. The US will release the economic data, too, such as Richmond Manufacturing Index, CB Consumer Confidence, Chicago PMI, S&P/CS Composite-20 HPI y/y, Prelim Wholesale Inventories m/m, Prelim GDP Price Index q/q, Goods Trade Balance and Prelim GDP q/q, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0631.
Strong Resistance:1.0624.
Original Resistance: 1.0614.
Inner Sell Area: 1.0604.
Target Inner Area: 1.0579.
Inner Buy Area: 1.0554.
Original Support: 1.0544.
Strong Support: 1.0534.
Breakout SELL Level: 1.0527.
More analysis - at instaforex.com
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Technical analysis of GBP/JPY for March 02, 2017
GBP/JPY is expected to trade in higher range. The pair resumed its up trend after the recent bullish breakout of its key level at 139.50. The previous resistance now plays a strong support role, which should limit any downward attempts. In addition, the 50-period moving average is heading upward, and should continue to push the prices higher.
In these perspectives, as long as 139.50 holds on the downside, further advance seems to be on the cards to 140.38 and 141.20 in extension.
The pair is trading above its pivot point. It is likely to trade in a wider range as long as it remains above its pivot point. Therefore, long positions are recommended with the first target at 140.80 and the second one at 141.20. In the alternative scenario, short positions are recommended with the first target at 138.90, if the price moves below its pivot points. A break of this target may push the pair further downwards, and one may expect the second target at 138.50. The pivot point is at 139.50.
Resistance levels: 140.80, 141.20, and 142.00
Support levels: 138.90,138.50, and 138.00
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Mar 03, 2017
When the European market opens, some Economic Data will be released, such as Retail Sales m/m, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, Spanish Services PMI and German Retail Sales m/m. The US will release the economic data, too, such as ISM Non-Manufacturing PMI and Final Services PMI, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0567.
Strong Resistance:1.0560.
Original Resistance: 1.0550.
Inner Sell Area: 1.0540.
Target Inner Area: 1.0515.
Inner Buy Area: 1.0490.
Original Support: 1.0480.
Strong Support: 1.0470.
Breakout SELL Level: 1.0463.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Mar 06, 2017
When the European market opens, some Economic Data will be released, such as Sentix Investor Confidence and Retail PMI. The US will release the economic data, too, such as Factory Orders m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0662.
Strong Resistance:1.0655.
Original Resistance: 1.0645.
Inner Sell Area: 1.0635.
Target Inner Area: 1.0610.
Inner Buy Area: 1.0585.
Original Support: 1.0575.
Strong Support: 1.0565.
Breakout SELL Level: 1.0558.
More analysis - at instaforex.com
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NZD/USD intraday technical levels and trading recommendations for March 8, 2017
On December 16, the price level of 0.6960 failed to apply enough bullish pressure. Instead, bearish movement continued toward the lower limit of the depicted BUY zone (0.6860) which provided significant bullish rejection on December 23.
The NZD/USD pair was trapped within the depicted price range (0.6860-0.6990) until a bullish breakout occurred.
A bullish breakout above 0.6960-0.7000 allowed the pair to head toward the price level of 0.7100 (Key level) which failed to provide sufficient bearish pressure on the pair.
Bullish persistence above 0.7100 allowed further bullish advance toward 0.7250-0.7350 (Sell-Zone) where the bearish price action should be expected.
Bearish persistence below 0.7250 is needed to allow further bearish decline toward 0.7100 (note the previous bearish DAILY candlesticks expressed within the SELL-Zone).
As anticipated, bearish persistence below 0.7100 (Key-Level) allows further bearish movement toward 0.6960 where bullish rejection should be watched for a possible BUY entry.
On the other hand, any bullish pullback towards 0.7100 should be watched for a valid SELL entry if enough bearish rejection is expressed.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Mar 09, 2017
When the European market opens, some Economic Data will be released, such as Minimum Bid Rate and French Final Non-Farm Payrolls q/q. The US will release the economic data, too, such as Natural Gas Storage, Import Prices m/m, Unemployment Claims and Challenger Job Cuts y/y, so, amid the reports, EUR/USD will move in a medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0588.
Strong Resistance:1.0581.
Original Resistance: 1.0571.
Inner Sell Area: 1.0561.
Target Inner Area: 1.0536.
Inner Buy Area: 1.0511.
Original Support: 1.0501.
Strong Support: 1.0491.
Breakout SELL Level: 1.0484.
More analysis - at instaforex.com
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Elliott wave analysis of EUR/JPY for March 10, 2017
Wave summary:
EUR/JPY continues to higher toward the next upside target seen at 122.90 on the way higher to 124.20 and possibly even closer to 125.53 before wave 3 is complete. Short-term, we will ideally see minor support at 121.89 being able to protect the downside for the continuation higher to 122.90 and above.
R3: 122.90
R2: 122.53
R1: 122.25
Pivot: 122.00
S1: 121.89
S2: 121.75
S3: 121.25
Trading recommendation: WE are long EUR from 119.86 and will move our stop higher to 121.20. If you are not long EUR yet, then buy near 121.89 and use the same stop.
More analysis - at instaforex.com
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Daily analysis of USDX for March 13, 2017
USDX continues to find support around 101.39, while it's trying to consolidate below the 200 SMA at H1 chart. If the index does a rebound at the current stage, it can test the 102.39 level and such move could possibly strengthen the bullish bias in the short-term. However, if USDX plummets below 101.39, it can reach the 100.44 level.
H1 chart's resistance levels: 102.39 / 103.40
H1 chart's support levels: 101.39 / 100.44
Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the USD Index breaks with a bullish candlestick; the resistance level is at 102.39, take profit is at 103.40 and stop loss is at 101.35.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Mar 14, 2017
When the European market opens, some Economic Data will be released, such as ZEW Economic Sentiment, Industrial Production m/m, German ZEW Economic Sentiment, and German Final CPI m/m. The US will release the economic data, too, such as Core PPI m/m, PPI m/m, and NFIB Small Business Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0701.
Strong Resistance:1.0694.
Original Resistance: 1.0684.
Inner Sell Area: 1.0674.
Target Inner Area: 1.0649.
Inner Buy Area: 1.0624.
Original Support: 1.0614.
Strong Support: 1.0604.
Breakout SELL Level: 1.0597.
More analysis - at instaforex.com
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Technical analysis of USD/JPY for March 15, 2017
USD/JPY is under pressure. The pair is trading below its 50-period moving average and is testing the 20-period one. The relative strength index is below its neutrality level at 50. Additionally, 115.25 is playing a key resistance role, which should limit the upside potential.
As long as this key level holds on the upside, look for a further drop toward 114.60 and even 114.25 in extension.
The pair is trading below its pivot point. It is likely to trade in a lower range as long as it remains below the pivot point. Short positions are recommended with the first target at 114.60. A break below this target will move the pair further downwards to 114.25. The pivot point stands at 115.25. If the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside. According to that scenario, long positions are recommended with the first target at 115.50 and the second one at 115.75.
Resistance levels: 115.50, 116.00, and 116.45
Support levels: 114.25, 113.80, and 113.35
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Mar 16, 2017
When the European market opens, some Economic Data will be released, such as Final Core CPI y/y, and Final CPI y/y. The US will release the economic data, too, such as Natural Gas Storage, JOLTS Job Openings, Housing Starts, Unemployment Claims, Philly Fed Manufacturing Index, and Building Permits, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0789.
Strong Resistance:1.0783.
Original Resistance: 1.0772.
Inner Sell Area: 1.0761.
Target Inner Area: 1.0736.
Inner Buy Area: 1.0711.
Original Support: 1.0700.
Strong Support: 1.0689.
Breakout SELL Level: 1.0683.
More analysis - at instaforex.com
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Technical analysis of USD/JPY for March 20, 2017
USD/JPY is expected to prevail its downside movement. The pair is trading below its declining 20-period and 50-period moving averages, which play resistance roles and maintain the downside bias, and is consolidating on the downside. The relative strength index is below its neutrality level at 50 and lacks upward momentum.
As long as 113.00 holds on the upside, look for a further drop toward 112.05 and even 111.65 in extension.
The pair is trading below its pivot point. It is likely to trade in a lower range as long as it remains below the pivot point. Short positions are recommended with the first target at 112.05. A break below this target will move the pair further downwards to 111.65. The pivot point stands at 113.00. If the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside. According to that scenario, long positions are recommended with the first target at 113.50 and the second one at 114.00.
Resistance levels: 113.50, 114.00, and 114.45
Support levels: 112.05, 111.65, and 111.25
More analysis - at instaforex.com
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Technical analysis of GBP/JPY for March 21, 2017
GBP/JPY is expected to trade in the lower range. The pair remains capped by its descending 20-period moving average, which has again crossed below the 50-period moving average. Meanwhile, the relative strength index stays below its neutrality area at 50 and has broken down the 30 level. The intraday trend remains negative.
As long as 139.80 holds as the key resistance, expect a drop to the nearest support at 138.85 at first. A break below 138.85 allows for the further drop to 138.55 as likely.
The pair is trading below its pivot point. It is likely to trade in a lower range as long as it remains below the pivot point. Short positions are recommended with the first target at 138.85. A break below this target will move the pair further downwards to 138.55. The pivot point stands at 139.80. If the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside. According to that scenario, long positions are recommended with the first target at 140.20 and the second one at 140.50.
Resistance levels: 140.20, 140.50, and 140.95
Support levels: 138.85,138.55, and 138.00
More analysis - at instaforex.com
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Technical analysis of GBP/JPY for March 22, 2017
GBP/JPY is under pressure. The pair is still capped by its descending 20-period moving average, which has crossed below the 50-period moving average. Meanwhile, the relative strength index stays below its neutrality area at 50 and lacks upward momentum. The intraday trend remains negative.
As long as 139.85 holds as the key resistance, expect a drop to the nearest support at 138.85 at first. A break below 138.85 allows for the further drop to 138.55 as likely.
The pair is trading below its pivot point. It is likely to trade in a lower range as long as it remains below the pivot point. Short positions are recommended with the first target at 138.85. A break below this target will move the pair further downwards to 138.55. The pivot point stands at 139.80. If the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside. According to that scenario, long positions are recommended with the first target at 140.20 and the second one at 140.50.
Resistance levels: 140.20, 140.50, and 140.95
Support levels: 138.85,138.55, and 138.00
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Mar 23, 2017
When the European market opens, some Economic Data will be released, such as Consumer Confidence, Belgian NBB Business Climate, ECB Economic Bulletin, and GfK German Consumer Climate. The US will release the Economic Data, too, such as Natural Gas Storage, New Home Sales, and Unemployment Claims, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0841.
Strong Resistance:1.0835.
Original Resistance: 1.0824.
Inner Sell Area: 1.0813.
Target Inner Area: 1.0788.
Inner Buy Area: 1.0763.
Original Support: 1.0752.
Strong Support: 1.0741.
Breakout SELL Level: 1.0735.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Mar 27, 2017
When the European market opens, some Economic Data will be released, such as Private Loans y/y, M3 Money Supply y/y, and German Ifo Business Climate. Today, the US will not release any Economic Data, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0897.
Strong Resistance:1.0891.
Original Resistance: 1.0880.
Inner Sell Area: 1.0869.
Target Inner Area: 1.0844.
Inner Buy Area: 1.0819.
Original Support: 1.0808.
Strong Support: 1.0797.
Breakout SELL Level: 1.0791.
More analysis - at instaforex.com
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NZD/USD intraday technical levels and trading recommendations for March 28, 2017
The NZD/USD pair was trapped within the depicted price range (0.6860-0.6990) until a bullish breakout occurred.
A bullish breakout above 0.6960-0.7000 allowed the pair to head toward the price level of 0.7100 (the key level) which failed to provide sufficient bearish pressure on the pair.
Bullish persistence above 0.7100 allowed further advance toward 0.7250-0.7350 (Sell-Zone) where the bearish price action was expected.
Bearish persistence below 0.7250 allowed further decline toward 0.7100 then 0.6960 which failed to provide enough support for the pair.
That is why further bearish fall was expected toward 0.6860 (the lower limit of the depicted BUY zone) where a bullish position was suggested in previous articles.
Recently, the bullish breakout above the depicted key level (0.6960) was achieved. That is why any bearish pullback toward 0.6960 should be watched for bullish rejection and a possible BUY entry.
On the other hand, the price level of 0.7100 remains a significant key level to be watched for bearish price action if the current bullish pullback persists above 0.7040.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Mar 29, 2017
When the European market opens, some Economic Data will be released, such as German Import Prices m/m. The US will release the Economic Data, too, such as Crude Oil Inventories, Pending Home Sales m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0869.
Strong Resistance:1.0863.
Original Resistance: 1.0852.
Inner Sell Area: 1.0841.
Target Inner Area: 1.0816.
Inner Buy Area: 1.0791.
Original Support: 1.0780.
Strong Support: 1.0769.
Breakout SELL Level: 1.0763.
More analysis - at instaforex.com
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Technical analysis of USD/JPY for Mar 30, 2017
https://forex-images.instaforex.com/...330/USDJPY.jpg
In Asia, Japan today will not release any Economic Data, but the US will release some Economic Data, such as Natural Gas Storage, Final GDP Price Index q/q, Unemployment Claims, and Final GDP q/q. So, there is a probability the USD/JPY will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Resistance. 3: 111.94.
Resistance. 2: 111.72.
Resistance. 1: 111.50.
Support. 1: 111.24.
Support. 2: 111.02.
Support. 3: 110.80.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Mar 31, 2017
When the European market opens, some Economic Data will be released, such as Italian Prelim CPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, German Unemployment Change, French Prelim CPI m/m, French Consumer Spending m/m, and German Retail Sales m/m. The US will release the Economic Data, too, such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Chicago PMI, Personal Income m/m, Personal Spending m/m, and Core PCE Price Index m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0738.
Strong Resistance:1.0731.
Original Resistance: 1.0721.
Inner Sell Area: 1.0711.
Target Inner Area: 1.0686.
Inner Buy Area: 1.0661.
Original Support: 1.0651.
Strong Support: 1.0641.
Breakout SELL Level: 1.0634.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Apr 03, 2017
When the European market opens, some Economic Data will be released, such as Unemployment Rate, PPI m/m, Italian Monthly Unemployment Rate, Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI. The US will release the Economic Data, too, such as Total Vehicle Sales, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, and Final Manufacturing PMI, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0720.
Strong Resistance:1.0713.
Original Resistance: 1.0703.
Inner Sell Area: 1.0693.
Target Inner Area: 1.0668.
Inner Buy Area: 1.0643.
Original Support: 1.0633.
Strong Support: 1.0623.
Breakout SELL Level: 1.0616.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Apr 04, 2017
When the European market opens, some Economic Data will be released, such as Retail Sales m/m, and Spanish Unemployment Change. The US will release the Economic Data, too, such as IBD/TIPP Economic Optimism, Factory Orders m/m, and Trade Balance, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0720.
Strong Resistance:1.0713.
Original Resistance: 1.0703.
Inner Sell Area: 1.0693.
Target Inner Area: 1.0668.
Inner Buy Area: 1.0643.
Original Support: 1.0633.
Strong Support: 1.0623.
Breakout SELL Level: 1.0616.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Apr 05, 2017
When the European market opens, some Economic Data will be released, such as Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI. The US will release the Economic Data, too, such as FOMC Meeting Minutes, Crude Oil Inventories, ISM Non-Manufacturing PMI, Final Services PMI, and ADP Non-Farm Employment Change, so, amid the reports, EUR/USD will move in a medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0730.
Strong Resistance:1.0723.
Original Resistance: 1.0713.
Inner Sell Area: 1.0703.
Target Inner Area: 1.0678.
Inner Buy Area: 1.0653.
Original Support: 1.0643.
Strong Support: 1.0633.
Breakout SELL Level: 1.0626.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Apr 06, 2017
When the European market opens, some Economic Data will be released, such as ECB Monetary Policy Meeting Accounts, French 10-y Bond Auction, Spanish 10-y Bond Auction, Retail PMI, and German Factory Orders m/m. The US will release the Economic Data, too, such as Natural Gas Storage, Unemployment Claims, and Challenger Job Cuts y/y, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0722.
Strong Resistance:1.0715.
Original Resistance: 1.0705.
Inner Sell Area: 1.0695.
Target Inner Area: 1.0670.
Inner Buy Area: 1.0645.
Original Support: 1.0635.
Strong Support: 1.0625.
Breakout SELL Level: 1.0618.
More analysis - at instaforex.com
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Daily analysis of GBP/USD for April 07, 2017
GBP/USD is still looking for a strong catalyst that helps to ride the Cable in the bullish bias, and it continues to struggling with the resistance zone of 1.2522. If a breakout happens over there, a rally towards 1.2600 is likely to happen in the short term. If US NFP data comes below the expectations, such scenario could be possible.
H1 chart's resistance levels: 1.2522 / 1.2598
H1 chart's support levels: 1.2420 / 1.2333
Trading recommendations for today: Based on the H1 chart, buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.2522, take profit is at 1.2598, and stop loss is at 1.2447.
More analysis - at instaforex.com
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Elliott wave analysis of EUR/NZD for April 10 - 2017
Wave summary:
EUR/NZD is not really doing anything at the moment. We continue to look for a break above 1.5347 as the go-signal for renewed upside pressure towards 1.5570 and possibly even closer to 1.5792 target. That said, support at 1.5151 will need to be able to protect the downside or a deeper correction closer to 1.5108 and possibly even closer to 1.4874 could be seen.
R3: 1.5457
R2: 1.5347
R2: 1.5312
Pivot: 1.5260
S1: 1.5183
S2: 1.5151
S3: 1.5108
Trading recommendation:
We are long EUR from 1.5235 we will move our stop higher to 1.5095. If you are not long EUR yet, then buy a break above 1.5347 and start by using the same stop.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Apr 11, 2017
When the European market opens, some Economic Data will be released, such as ZEW Economic Sentiment, Industrial Production m/m, and German ZEW Economic Sentiment. The US will release the Economic Data, too, such as 10-y Bond Auction, JOLTS Job Openings, and NFIB Small Business Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0649.
Strong Resistance:1.0642.
Original Resistance: 1.0632.
Inner Sell Area: 1.0622.
Target Inner Area: 1.0597.
Inner Buy Area: 1.0572.
Original Support: 1.0562.
Strong Support: 1.0552.
Breakout SELL Level: 1.0545.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Apr 12, 2017
When the European market opens, some Economic Data will be released, such as German 10-y Bond Auction, and German WPI m/m. The US will release the Economic Data, too, such as Federal Budget Balance, 30-y Bond Auction, Crude Oil Inventories, and Import Prices m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0660.
Strong Resistance:1.0653.
Original Resistance: 1.0643.
Inner Sell Area: 1.0633.
Target Inner Area: 1.0608.
Inner Buy Area: 1.0583.
Original Support: 1.0573.
Strong Support: 1.0563.
Breakout SELL Level: 1.0556.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Apr 13, 2017
When the European market opens, some Economic Data will be released, such as French Final CPI m/m, and German Final CPI m/m. The US will release the Economic Data, too, such as Natural Gas Storage, Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Core PPI m/m, Unemployment Claims, and PPI m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0722.
Strong Resistance:1.0715.
Original Resistance: 1.0705.
Inner Sell Area: 1.0695.
Target Inner Area: 1.0670.
Inner Buy Area: 1.0645.
Original Support: 1.0635.
Strong Support: 1.0625.
Breakout SELL Level: 1.0618.
More analysis - at instaforex.com
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Technical analysis of EUR/USD for Apr 17, 2017
When the European market opens, today, there is no Economic Data will be released. The US will release the Economic Data, too, such as NAHB Housing Market Index, and Empire State Manufacturing Index, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.0660.
Strong Resistance:1.0653.
Original Resistance: 1.0643.
Inner Sell Area: 1.0633.
Target Inner Area: 1.0608.
Inner Buy Area: 1.0583.
Original Support: 1.0573.
Strong Support: 1.0563.
Breakout SELL Level: 1.0556.
More analysis - at instaforex.com