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  • 7h
    ramiresreis ramiresreis
    how is it WESTPAC predicting 1,1400 EUR/USD till next week? is it often to happen so many pips?
  • Calendar event / 9 hours ago

    US 2nd estimate GDP

    forecast
    actual
    Med Annual Rate, Q/Q%
    +1%
    +0.8%
    Med Chain-Weighted Price Idx, Q/Q%
    +0.7%
    +0.6%
    Med Corporate Profits, Q/Q%
    +1.9%
    Med PCE Price Idx, Q/Q%
    +0.3%
    Med Purchase Price Idx, Q/Q%
    +0.2%
    Med Real Final Sales, Q/Q%
    +1%
    Med Core PCE Price Idx, Q/Q%
    +2.1%
    Med Consumer Spending, Q/Q%
    +1.9%
  • Squawk / 13 hours ago
    Business analyst
    United Kingdom
    EURUSD BEARISH

    The primary trend of EUR/USD is bearish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA on the downside indicating downtrend of the pair.
    Resistance level of 1.1215 and Support level of 1.1130
    If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

    INDICATORS:-
    MACD is sustaining in its negative territory indicating the bearish trend in the pair.
    RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

    STRATEGY: EUR/USD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
    Read the Squawk