EURUSD Technical Analysis | HABENTFX | 28.06

EURUSD Technical Analysis | HABENTFX | 28.06

28 June 2019, 12:06
Hasan Benturk

In the hourly chart, the daily pivot point for the pair, which is below the moving averages, is followed as 1.1366, while the resistance can be traced as 1.1379 - 1.1386 - 1.1400 resistance levels. Supports of 1.1353 - 1.1345 - 1.1332 may be on the agenda.

Horizontal Crude Continues in the Parity / 1.1400 Significant Resistance Level / Daily Change 0.00%

On the US stock exchanges, the Dow Jones Index fell 0.04% to 26.526 points, the S&P 500 Index gained 0.38% to 2.924 points and the Nasdaq Index gained 0.73% to 7.967 points.

US Unemployment Claims saw the seven-week high on the week of June 22nd, rising 10,000 to 227,000.

According to data from the US Department of Commerce, the economy grew slightly below expectations with 3.1% in the first quarter of the year Expectation was 3.2% growth. Consumer spending, which constitutes the largest part of the economy, was revised from 1.3% to 0.9%. This figure was recorded as the lowest level of a year.

Pending Home Sales in the US increased in May 2019 due to the fall in interest rates. Pending Home Sales rose 1.1%. Expectation was up by 1%. Sales fell 0.8% year-on-year. Expectation was 0.4% higher.

US President Donald Trump, the Chinese President Jinping G-20 Leaders' Summit in the meeting of the planned agreement with the development of the trade agreement can not be achieved, a significant amount of additional customs duties on Chinese products will be introduced, he said.

The European Stock Exchanges closed the day with a mixed course, while the Indicator Index Stoxx Europe 600 stood at 382.21 points. In Germany, the DAX 30 Index increased by 0.21% to 12,271 points, while in Italy the FTSE MIB 30 Index increased by 0.26% to 21,110 points. In the UK, the FTSE 100 Index declined 0.19% to 7,402 points, while in France the CAC 40 Index declined 0.13% to 5.493 points.

The data to be announced today

US side

  • Core Personal Consumption Expenses
  • PCE Deflator
  • Personal Expense
  • Purchasing Managers Index

In the Euro Area

  • CPI
  • Core CPI

Google translation was used!

Share it with friends: