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The Japanese yen is trading higher against its most-traded currency rivals on Wednesday. However, it did surprise to the upside with an annual growth rate.6, above expectationsRead more
Latest forex news on eur usd
April as the dollar index fell for the third session in five sessions from its highest since March. Latest EUR/USD Analysis 11-April-2019 Source : Grand Capital, quick View, the single currency of the European Union region fluctuated in a narrowly bearish range during the Asian session to see its rebound for the second straight session since March 27 against the US dollar. Nevertheless, the risk is now skewed to the upside with a break above.1285 favoring an extension toward the.1340/50 price zone. Investors are looking ahead to the US economy to reveal labor market data, which may reflect a stable unemployment rate.8, unchanged from the previous reading for February, amid expectations that reflect the average income per hour The pace of growth slowed.4. The pair is technically bullish according to readings in the 4 hours chart, as it also advanced sharply above a now bullish 20 SMA, nearing the 100 SMA which stands slightly below the mentioned Fibonacci resistance. More Market News, latest Gold Analysis 11-April-2019 Source : Grand Capital, quick View, gold futures fluctuated in a narrow range slipping towards the Asian session to see their rebound for the second session since 28 March as the US dollar index rebounded, reversing its second. Latest USD/JPY Analysis 11-April-2019 Source : Grand Capital, quick View, the US dollar fluctuated in a narrow bullish range during the Asian session to see its rebound to its second-lowest session since the beginning of April against the Japanese Yen following developments and economic data.
Is the base currency and the, uS Dollar is the counter currency.
The single currency of the European Union region rose during the Asian session to rebound to its second-lowest session since March 7 when its lowest since June 27, 2017, against the.
US dollar on the trough of economic developments and data.
Real-time forex news and the latest trading updates.
The next Fibonacci resistance the.2 retracement of the same rally comes at around.1285. Technical indicators in the mentioned chart have extended their advances to fresh April highs, the Momentum maintaining its strength, but the RSI losing strength as it approaches overbought territory. Perhaps they had spotted holes the economy that investors couldnt account for. 06-April-2019 Source : Grand Capital, quick View, the single currency of the European Union region fluctuated in a narrow upward range during the Asian session to see its rebound for the second session in four sessions from its lowest since March 7 when its lowest. The markets are currently looking ahead to the euro zone's biggest economy, Germany, for the Industrial Production Index, which could reflect.5 drop from.9 in January, before France's second largest economy saw the trade balance reading May show the deficit widens.7. EUR uSD pair peaking.1274 right after Wall Street's opening. Traders will also be looking for reasons for the ECBs urgency to implement the new policy changes. Support levels:.1245.1200.1175, resistance levels:.1285.1315.1350, speculative interest chose to dump the greenback this Monday, with the. Asian equities started the day on a strong footing after Beijing published a document saying it would step up a policy of targeted cuts to banks RRR to encourage financing for small businesses.
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