InstaForex - Analytics

    InstaForex

    694.50 6.50/10
    61% of positive reviews
    Real

    Technical analysis of EUR/USD for March 10, 2015

    !EURUSD.jpg

    Show full picture



    When the European market opens, economic data on the ECOFIN meetings, the Italian Industrial Production m/m, and the French Industrial Production m/m will be released.The US is expected to publish data about wholesale inventories m/m, JOLTS job openings, and the NFIB small business index. So, EUR/USD will move with low to medium volatility during this day.



    TODAY TECHNICAL LEVELS:


    Breakout BUY Level: 1.0892.


    Strong Resistance:1.0885.


    Original Resistance: 1.0874.


    Inner Sell Area: 1.10863.


    Target Inner Area: 1.0837


    Inner Buy Area: 1.0810.


    Original Support: 1.0799.


    Strong Support: 1.0788.


    Breakout SELL Level: 1.0781.

    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.





    Arief Makmur neemt deel aan de "Analyst of the Year" onderscheiding georganiseerd door MT5.com portal. Als u zijn artikel goed vindt, stemt u dan op hem.

    Uitgevoerd door, Analytische expert
    InstaForex Group © 2007-2015

    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree