20 May, 2019 by Aayush Jindal in Market Analysis
The Euro failed to clear a crucial resistance
near 1.1260 against the US Dollar. EUR/USD traded below two bullish trend lines
near 1.1200 on the 4-hours chart.The Euro Area CPI increased 1.7% in April 2019
(YoY), similar to the forecast and last reading.The German PPI in April 2019 (MoM) might
increase 0.2%, whereas the last was -0.1%.
EURUSD Technical Ana...
15 April, 2019 by Aayush Jindal in Market Analysis
The Euro started a strong rebound after trading
as low as 1.1183 against the US Dollar.A crucial bullish trend line is formed with
support at 1.1250 on the 4-hours chart of EUR/USD.The Michigan Consumer Sentiment Index in April
(Prelim) declined from 98.4 to 96.9.The NY Empire State Manufacturing Index in April
2019 might increase from 3.7 to 6.0.