Technical analysis of EUR/USD for Sept 29, 2017
September 29, 2017 4:31 amVideo
Latest News
- Litecoin challenging support level June 7, 2023
- AUD/USD: downside reversal below 0.6646 June 7, 2023
- June 7, 2023 : Analyzing Recent Trends and Trading Opportunities in EUR/USD: A Technical Analysis Perspective. June 7, 2023
- June 7, 2023 : EUR/USD Intraday technical analysis and trading plan. June 7, 2023
- June 7, 2023 : GBP/USD Intraday technical analysis and significant key-levels. June 7, 2023
- GBP/USD. Analysis for June 7th. Kristalina Georgieva expects further tightening from the Fed June 7, 2023
- USD/JPY: bullish pattern violated, 139.99 key obstacle June 7, 2023
- Gold: upside invalidated post-BOC June 7, 2023
- EUR/USD. Analysis for June 7th. The market has found a point of equilibrium June 7, 2023
- Technical Analysis – USDCAD breaks descending triangle’s base after BoC hike June 7, 2023
- EUR/USD. Trapped in a wide-range flat June 7, 2023
- Glassnode: Investors withdraw funds from Binance June 7, 2023
- Technical Analysis – Micron’s upward breakout in danger June 7, 2023
- USD/JPY Outlook for June 7, 2023 June 7, 2023
- Technical analysis on GBPUSD for June 7th, 2023. June 7, 2023
- GBP/USD: trading plan for the US session on June 7 (analysis of morning deals). The pound is actively recovering its positions June 7, 2023
- Ichimoku cloud indicator analysis on Gold for June 7th, 2023. June 7, 2023
- Technical analysis on EURUSD for June 7th, 2023. June 7, 2023
- Analysis and trading tips for EUR/USD on June 7 (US session) June 7, 2023
- Technical analysis on Bitcoin for June 7th, 2023. June 7, 2023
When the European market opens, some Economic Data will be released, such as Italian Prelim CPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, German Unemployment Change, French Prelim CPI m/m, French Consumer Spending m/m, and German Retail Sales m/m. The US will release the Economic Data, too, such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Chicago PMI, Personal Income m/m, Personal Spending m/m, and Core PCE Price Index m/m, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY’S TECHNICAL LEVEL:
Breakout BUY Level: 1.1838.
Strong Resistance:1.1831.
Original Resistance: 1.1820.
Inner Sell Area: 1.1809.
Target Inner Area: 1.1781.
Inner Buy Area: 1.1753.
Original Support: 1.1742.
Strong Support: 1.1731.
Breakout SELL Level: 1.1724.
Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
Related Posts: