EURUSD Technical Analysis | HABENTFX | 28.06

EURUSD Technical Analysis | HABENTFX | 28.06

28 June 2019, 12:06
Hasan Benturk
1
21

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!



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