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

Stocks in the United States closed lower at the end of yesterday’s trading, after the Chinese protests against the policies of Covid 19 raised economic concerns, to accompany the shares indices
11-2022 29 01:22:11

The dollar rose at the beginning of the week’s trading , due to the rush of investors towards it – as a safe haven – and after the Japanese yen fell due to the uncertainty that over
11-2022 28 02:00:56

Recent news/events in the cryptocurrency industry have put pressure on cryptocurrencies, as uncertainty remains alongside the general negative trajectory in the markets, affecting investors’ de
11-2022 25 02:29:41

The dollar fell today because of investors’ appetite for risky assets. The dollar index, which measures the performance of the US currency against a basket of six major currencies, fell by 0.
11-2022 24 05:23:41

US stocks closed higher on Tuesday, amid limited trading. To accompany its indicators upward, gains were recorded in the oil and natural gas, basic materials and technology sectors. At the end o
11-2022 23 01:35:33

More News