LiteForex_Official

EUR/USD: general analysis

FX:EURUSD   Fx Euro/Dolar U.S.
Dilihat 76 kali
2
76 0
Current trend

Last week, the US Dollar gained strong support from the ADP employment report and Friday's non-farm payrolls report. At the same time, it should be noted that US trade deficit widened to $44.50 billion that is considered as a negative factor for the American currency.

Favorable data on Germany’s industrial production was released in this morning. In June industrial output grew 0.5% and 0.8% in monthly and annual terms respectively.

On Tuesday dynamics in the pair might be influenced by data on Germany’s trade balance. A strong growth in the country’s exports and favorable data on trade surplus could support the European currency.

Support and resistance

On the 4-hour chart, the pair is trading between the middle and lower lines of Bollinger Bands . MACD histogram is in the negative zone, its volumes are gradually growing. Stochastic is moving up.

Support levels: 1.1070, 1.1040, 1.1015, 1.0990, 1.0965, 1.0950.

Resistance levels: 1.1105, 1.1125, 1.1160, 1.1185, 1.1200, 1.1235, 1.1250.

Trading tips

Short positions can be opened from the level of 1.1060 with the target at 1.1015 and stop-loss at 1.1080.
Long positions can be opened from the level of 1.1110 with the target at 1.1160 and stop-loss at 1.1090.
Validity – 1-3 days.
Register on LiteForex site and get more analysis https://www.liteforex.com/?uid=880952068&cid=12118
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Daftar Keluar