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  1. EUR/USD Price Action Analysis - 61.8% Fibo support level at 1.1367 to be crossed for correction

    by , 05-11-2016 at 03:44 PM
    D1 price is located above 200 period SMA and 100 period SMA for the primary bullish market condition with the secondary ranging within Fibo resistance level at 1.1615 and Fibo support level at 1.1214:

    • 61.8% Fibo support level at 1.1367 is going to be crossed by the price from above to below for the secondary correction to be started;
    • RSI indicator is estimating the ranging bullish condition in the near future.

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    If the price will ...
  2. EUR/USD Intra-Day Fundamentals - Consumer Price Index (CPI) and 26 pips price movement

    by , 12-15-2015 at 04:32 PM
    2014-12-15 13:30 GMT | [USD - CPI]


    [USD - CPI] = Change in the price of goods and services purchased by consumers.
    Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

    ========== ...
  3. EUR/USD Intra-Day Fundamentals - German ZEW Economic Sentiment and 15 pips price movement

    by , 12-15-2015 at 03:18 PM
    2014-12-15 10:00 GMT | [EUR - German ZEW Economic Sentiment]


    [EUR - German ZEW Economic Sentiment] = Level of a diffusion index based on surveyed German institutional investors and analysts. It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic ...
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