When the European market opens, some economic data will be released such as Monetary Policy Statement, Main Refinancing Rate, Italian Industrial Production m/m, and French Industrial Production m/m. The US will also publish the economic data such as Federal Budget Balance, 10-y Bond Auction, Crude Oil Inventories, Core CPI m/m, CPI m/m, 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: 1.1319. Strong Resistance: 1.1313. Original Resistance: 1.1302. Inner Sell Area: 1.1291. Target Inner Area: 1.1265. Inner Buy Area: 1.1239. Original Support: 1.1228. Strong Support: 1.1217. Breakout SELL Level: 1.1211. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
Showing posts with label Apr 10. Show all posts
Showing posts with label Apr 10. Show all posts
Technical analysis: Intraday levels for USD/JPY, Apr 10, 2019
In Asia, Japan will release the Prelim Machine Tool Orders y/y, PPI y/y, Core Machinery Orders m/m, and Bank Lending y/y and the US will publish some economic data such as Federal Budget Balance, 10-y Bond Auction, Crude Oil Inventories, Core CPI m/m, and CPI m/m. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Resistance. 3: 111.75. Resistance. 2: 111.54. Resistance. 1: 111.32. Support. 1: 111.03. Support. 2: 110.82. Support. 3: 110.60. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
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