Thread: Eur/usd
EUR/USD (Update) Key Resistance Rejected in Daily Timeframe Chart So It Might Test Triangle Trendline in Coming Days.. If Hold the Trendline then It Might Break the Triangle at the End of December.. Please like, subscribe and share your ideas and charts with the community!
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The EUR/USD pair continues to trade lifeless a handful of pips above the 1.1100 figure, marginally higher this Thursday. The dollar fell out of the market’s favor after the US House of Representatives decided to impeach President Trump for abuse of power and obstruction of Congress. The case will now move to the Senate that will determine whether he remains in the office. The House of Representatives is controlled by opposition Democrats, while the Senate has a majority of Republicans, which means that there are few chances that he will be removed from power.
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Eurusd:cur
eur-usd x-rate
1.1133usd+0.0019+0.17%
as of 05:39 am est 12/19/2019 edt
open
1.1114
prev close
1.1114
ytd return
-2.92%
day range
1.11131.1139
52 week range
1.08791.1570
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SA148P (2019-12-19), Unregistered (2)
Pair: eur/usd
Today indicators shown bearish short terms trend.
Pivot Point : 1.1135
Supporting Levels:
Support 1: 1.1115
Support 2: 1.1105
Support 3: 1.1085
TREND: BULLISH
Resistance Levels:
Resistance 1: 1.1155
Resistance 2-1.1175
Resistance 3:1.1195
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends
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1.11367
usd
+0.00233 (+0.21%)
market open (dec 19 05:14 utc-5)
1.11134
prev
1.11134
open
43.871k
volume
1.11119 — 1.11393
day's range
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Eur/Usd
Resistance level
1.Resistance level 1.1216
2.Resistance level 1.1250
3.Resistance level 1.1280
Supporting level
1.Supporting level 1.1150
2.Supporting level 1.1120
3.Supporting level 1.1090
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Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market.
Japan will announce the preliminary reading of economic growth in the second quarter of 2019 on August 8. Market participants expect the Japanese economy to slow down quite badly. Market consensus gathered by Reuters estimates that the quarterly annualized economy of the Rising Sun Country is 0.4%.
Slower than the quarter I-2019 which is 2.2%. Understandably, Japanese exports have contracted alias dropped for seven consecutive months due to the trade war of the United States (US) -China and a slowdown in the global economy. Japan's trade friction with South Korea made things even more complicated.
Then on August 9 local time, the Office for National Statistics (ONS) will announce the preliminary reading of UK economic growth for the second quarter of 2019. Market consensus from Trading Economics estimates that John Bull's economy grew 1.4% YoY. Slowed slightly compared to the previous quarter by 1.8%.
The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.
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Eur/Usd
EUR/USD is looking south and could drop to the 50-day average support at 1.1080.
The pair repeatedly faced rejection above the 200-day average in the four days to Dec. 17 and fell by 0.32% on Wednesday, violating the trendline rising from Nov. 29 and Dec. 11 lows.
The breakdown of the ascending trendline is backed by lower highs on the daily chart MACD histogram - a sign of weakening of bullish momentum.
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I found one can get trading opportunity in EUR/USD.
EUR/USD got latest resistance at 1.12186. From lower levels it has started making higher low. So if it crosses this 1.12186 level then it can touch next levels at 1.12641
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Today Market analysis and trend:ßuy
Current price , Previous price
And
Resistance points , Support points given is message about market up
All famous indicators:
Bollinger band
Parabolic sar
RSI
And
Moving average
Given are strong signals about market up so could the trading of ßuy
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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