Online source for the latest forex and trading news. Stay informed with up-to-date market trends, expert analysis, and insightful articles to help you make smart trading decisions

Wednesday, April 3, 2019

Technical analysis: Intraday Levels For EUR/USD, Apr 04, 2019

analytics5ca576570057d.jpg

When the European market opens, some economic data will be released such as German Factory Orders m/m. The US will also publish the economic data such as Natural Gas Storage, Unemployment Claims, and Challenger Job Cuts y/y, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1299. Strong Resistance: 1.1293. Original Resistance: 1.1282. Inner Sell Area: 1.1271. Target Inner Area: 1.1245. Inner Buy Area: 1.1219. Original Support: 1.1208. Strong Support: 1.1197. Breakout SELL Level: 1.1191. (Disclaimer)

The material has been provided by InstaForex Company - www.instaforex.com

No comments: