empty
 
 
28.03.2017 05:00 PM
EUR/USD fundamental analysis for March 28, 2017

EUR/USD has taken out the resistance 1.08 resistance area and today retested the resistance as support and heading towards 1.0970. Today, it was a very important day for USD as Positive CB Consumer Confidence report was published at 125.6 which was forecasted to be at 113.9, US Goods Trade Balance was also positive at -64.8B which was expected to be at -66.6B and FOMC Member Kaplan is going have a speech today regarding interest rates and monetary policy, which is expected to have a major impact on USD based pairs. On the other hand, we did not have any EUR events today to affect EUR, but tomorrow we have EUR German Import Prices report which previously was at 0.9% and forecasted to be at 0.4%.

Now let us look at the technical view, the week started with a gap which is still unfulfilled by the price with any rejection. Currently the price has broken above 1.08 resistance and retested as support to climb up higher. It is expected that as the price remains above 1.08, the price will hit the 1.0970 near-term resistance before hitting the spike of 1.13.

This image is no longer relevant

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2024
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $1000 mais!
    Em Abril nós sorteamos $1000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback