Daily Market Analysis from ForexMart - Форум о заработке в интернете

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Daily Market Analysis from ForexMart

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25.04.2016, 09:01

Andrea ForexMart

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[B][SIZE="4"]Technical Analysis for EUR/USD: April 25, 2016[/SIZE][/B]

Further than what is anticipated, the Manufacturing PMI in Germany increased in the past month. It can be seen in the index that it grew by 51.9 contrary to the 50.7 in the recent month. Nevertheless, experts had expected the growth of index to 51.0.

The first support occurs at 1.1150 and at 1.1050 subsequently. The first resistance resides at 1.1260 and at 1.1350 subsequently.

A confirmed and a sturdy sell signal has been found. The price is below the Ichimoku Cloud and it is below the Chikou Span. The Tenkan-sen and the Kijun-sen display a descending motion. This movement will remain until the price is below the Cloud.

The MACD indicator is in a negative location. The price is declining.

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