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- Forex Technical Analysis for 05/18—05/22 Week
EUR/USD trend: sell.
GBP/USD trend: hold.
USD/JPY trend: buy.
EUR/JPY trend: buy.
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3137 1.3299 1.3397 1.3559 1.3657 1.3819 1.3917 GBP/USD 1.4746 1.4902 1.5040 1.5196 1.5333 1.5489 1.5627 USD/JPY 89.55 92.14 93.66 96.25 97.78 100.36 101.89 EUR/JPY 119.11 123.53 125.99 130.40 132.86 137.28 139.74 Woodie’s Pivot Points Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res EUR/USD 1.3283 1.3365 1.3543 1.3625 1.3803 GBP/USD 1.4898 1.5031 1.5191 1.5324 1.5485 USD/JPY 91.87 93.13 95.98 97.25 100.10 EUR/JPY 123.04 125.01 129.91 131.88 136.79 Camarilla Pivot Points Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res EUR/USD 1.3351 1.3423 1.3447 1.3471 1.3518 1.3542 1.3566 1.3638 GBP/USD 1.5016 1.5097 1.5124 1.5151 1.5204 1.5231 1.5258 1.5339 USD/JPY 92.93 94.06 94.44 94.81 95.57 95.94 96.32 97.45 EUR/JPY 124.66 126.56 127.19 127.82 129.08 129.71 130.34 132.23
Posted on Forex blog.Fibonacci Retracement Levels Pairs EUR/USD GBP/USD USD/JPY EUR/JPY 100.0% 1.3722 1.5352 98.84 134.82 61.8% 1.3622 1.5239 97.26 132.19 50.0% 1.3591 1.5205 96.78 131.38 38.2% 1.3561 1.5170 96.29 130.57 23.6% 1.3523 1.5127 95.69 129.57 0.0% 1.3461 1.5058 94.72 127.94
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Переслать - EUR/USD Trades in Red After European GDP, Mixed U.S. Fundamentals
EUR/USD was trading below its opening level for the whole day today as the poor GDP data was released in Europe, but managed to go up a little from the daily lows after the mixed fundamental statistics went out in United States. It’s now trading near 1.3572.
Consumer Price Index (CPI) in its seasonally adjusted form remained unchanged in April after declining by 0.1% in March. The expectations of the traders were also at 0% change.
NY Empire State manufacturing index rose from -14.7 to -4.6 in May and that suggests that the conditions for the business are going to start improving quite soon. Before the release the index value was estimated at -12.
Net long-term purchases of the U.S. securities were at $55.8 billion in April, which is quite good if compared to the March’s $22 billion value and the forecast of $22.5 billion.
Industrial production continued to decrease in U.S. and fell by 0.5% in April after having fallen by 1.7% in March. The forecasts were even worse — at 0.6% decline. Industrial capacity utilization again decreased to its new historical low level — it fell from 69.4% to 69.1%, while the forecasts pointed at 68.8% value.
Posted on Forex blog.
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