When the European market opens, some economic data will be released such as Retail Sales m/m, Final Services PMI, German Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI. The US will also publish the economic data such as Federal Budget Balance, IBD/TIPP Economic Optimism, New Home Sales, ISM Non-Manufacturing PMI, Final Services PMI, so amid the reports, EUR/USD will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Breakout BUY Level: 1.1392. Strong Resistance: 1.1385. Original Resistance: 1.1374. Inner Sell Area: 1.1363. Target Inner Area: 1.1336. Inner Buy Area: 1.1309. Original Support: 1.1298. Strong Support: 1.1287. Breakout SELL Level: 1.1280.(Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
Showing posts with label Mar 05. Show all posts
Showing posts with label Mar 05. Show all posts
Technical analysis: Intraday level for USD/JPY, Mar 05, 2019
In Asia, Japan will release the 10-y Bond Auction and the US will publish some economic data such as Federal Budget Balance, IBD/TIPP Economic Optimism, New Home Sales, ISM Non-Manufacturing PMI, and Final Services PMI. So there is a probability the USD/JPY pair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Resistance. 3: 112.45. Resistance. 2: 112.23. Resistance. 1: 112.01. Support. 1: 111.74. Support. 2: 111.52. Support. 3: 111.30. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com
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