اب سے ہم Elev8 ہیں
ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور ترقی کے لیے درکار ہو، ایک ہی جگہ پر ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟
ٹریڈنگ خبریں
20 Mar 2013
Forex: EUR/USD finds resistance at 1.2970 ahead of EMU confidence
FXstreet.com (Barcelona) - The EUR/USD keeps on moving higher today, as investors switch off their concerns regarding Cyprus and focus on the FOMC monetary policy decision that is taking place at 18:00 GMT. From 1.2857 low, the market has been climbing the chart and kept rising after the German bund auction and EMU current account data. As of writing, the EUR/USD is facing resistance around 1.2970 ahead of the preliminary release of EMU March consumer confidence, expected to improve from -23.6 to -23.3.
EMU current account surplus eased from €16.0B to €14.8B in January, higher than €7.9B consensus. Germany sold 10-year bonds at today’s auction and saw its average yield falling 1.66% to 1.36%.
“EUR/USD has thus far successfully tested the support at 1.2877 (07/12/2012 low, see also 200 day moving average) on a daily close basis”, wrote MIG Bank analyst Bijoy Kar. “However, the succession of lower highs and lower lows is still in place. Monitor the resistance at 1.2996 (18/03/2013 high)”, he added, pointing to another resistance at 1.3046 (intraday low).
EMU current account surplus eased from €16.0B to €14.8B in January, higher than €7.9B consensus. Germany sold 10-year bonds at today’s auction and saw its average yield falling 1.66% to 1.36%.
“EUR/USD has thus far successfully tested the support at 1.2877 (07/12/2012 low, see also 200 day moving average) on a daily close basis”, wrote MIG Bank analyst Bijoy Kar. “However, the succession of lower highs and lower lows is still in place. Monitor the resistance at 1.2996 (18/03/2013 high)”, he added, pointing to another resistance at 1.3046 (intraday low).