Breaking News

German Prelim CPI m/m Is Expected To Be Released As Negative

News Date: 28/9/2014 22:32:03

Change in the price of goods and services purchased by consumers is expect to decrease today in Germany from 0.0% to -0.1%, with the start of a new week this release will show the direction of EURUSD during all this week.

During the 11 past weeks EURUSD fall from the resistance level 1.36 all the way reaching 1.26 and at 1.265 we have support from 2012, also on weekly chart EURUSD is extremely oversold and need to correct. In case news came in green than the EURUSD might jump above 1.28 as a correction toward 1.29 and in case news came as expected bad than EURUSD might pass the support 1.265

Provided By Fxhighway

Latest news

After the long collapse, the American labor market is achieving some relative recovery, as the number of added jobs yesterday reached 4,800 million jobs, which exceeded all expectations, and came as
07-2020 03 00:34:55

Beginning with the latest developments in commodities, the gold futures contracts started this morning with a rise of 0.70%, to be traded at 1784.56 dollars an ounce, after opening at 1771.61 dollar
07-2020 01 03:47:05

Oil prices continued to lose their losses after the recovery in demand decreased, due to the high number of injuries they suffer, and Brent crude fell by the same percentage 2%, which in turn pays to
06-2020 29 05:49:33

The US dollar concluded its research for the week, sticking to its gains, which means that the demand remains on the latter, and this is due to it being a safe haven in light of fears and concerns ab
06-2020 26 06:34:32

The US stock indexes on Wall Street ended their trading high, thanks to the support of the economic data that led them to the rise, which showed that the contraction of the economy in the manufacturi
06-2020 24 00:45:21

More News