EUR/USD H4: ranging bearish breakdown. The price broke Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart to be traded inside Ichimoku cloud for the ranging market condition. There are the following key reversal support/resistance levels for intra-day price: 1.1059 resistance level located above Ichimoku cloud in the bullish area of the chart;1.0795 support level located on the border between the primary bearish ...
Talking Points: EUR/USD Technical Strategy: FlatEuro Drops to Two-Week Low vs. US Dollar Amid Fed Rate Hike AftermathRisk/Reward, Tactical Considerations Argue Against Taking Short Position The Euro is facing swelling selling pressure against the US Dollar in the aftermath of the FOMC monetary policy announcement, with prices dropping to a two-week low. The pair topped below the 1.11 figure having rebounded following the ECB rate decision.Near-term support is in the ...
M5 price is located near and above SMA with period 100 (100-SMA) and SMA with the period 200 (200-SMA) for the ranging within the following key reversdal support/resistance levels: 1.0958 resistance level located above 100-SMA/200-SMA in the primary bullish area of the chart, and1.0923 support level located below 100-SMA/200-SMA in the primary bearish area. RSI indicator is estimating the ranging continion to be continuing. If the price will break 1.0958 ...
2014-12-15 13:30 GMT | [USD - CPI] past data is 0.2%forecast data is 0.2%actual data is 0.2% according to the latest press release [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. ========== ...
2014-12-15 10:00 GMT | [EUR - German ZEW Economic Sentiment] past data is 10.4forecast data is 15.2actual data is 16.1 according to the latest press release [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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