InstaForex - Analytics


    736.75 6.25/10
    62% of positive reviews

    Technical analysis of EUR/USD for May 13, 2015


    Show full picture

    When the European market opens, economic data on ECB Monetary Policy Meeting Accounts, German 10-y Bond Auction, Industrial Production m/m, Flash GDP q/q, Italian Prelim GDP q/q, French CPI m/m, French Prelim Non-Farm Payrolls q/q, German Final CPI m/m, German Prelim GDP q/q, and French Prelim GDP q/q are due.The US will publish reports on the 10-y Bond Auction, Crude Oil Inventories, Business Inventories m/m, Import Prices m/m, Retail Sales m/m, and Core Retail Sales m/m. So amid the reports, EUR/USD will move low to medium volatility during this day.


    Breakout BUY Level: 1.1271.

    Strong Resistance:1.1265.

    Original Resistance: 1.1254.

    Inner Sell Area: 1.1243.

    Target Inner Area: 1.1217.

    Inner Buy Area: 1.1191.

    Original Support: 1.1180.

    Strong Support: 1.1169.

    Breakout SELL Level: 1.1163.

    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 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