ForexMart ForexMart

Forex Analysis: 11 Jan 2017, 03:27 UTC+00

Technical analysis of EUR/USD for Jan 11, 2017

EURUSD.jpg

Show full picture

When the European market opens, some Economic Data will be released, such as German 10-y Bond Auction. The US will release the economic data, too, such as 10-y Bond Auction and Crude Oil Inventories, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Breakout BUY Level: 1.0610.

Strong Resistance:1.0603.

Original Resistance: 1.0593.

Inner Sell Area: 1.0583.

Target Inner Area: 1.0558.

Inner Buy Area: 1.0533.

Original Support: 1.0523.

Strong Support: 1.0513.

Breakout SELL Level: 1.0506.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.


Performed by
analytical expert: Arief Makmur
InstaForex Group © 2007-2017
 Published: 11 Jan 2017, 03:27 UTC+00

 
Recommend: Forex Analytics
 
Daily analysis of Silver for May 26, 2017
26 May 2017, 17:55 UTC+00   
Views today 3253
Daily analysis of GBP/JPY for May 26, 2017
26 May 2017, 17:59 UTC+00   
Views today 2814
GBP/USD analysis for May 26, 2017
26 May 2017, 15:47 UTC+00   
Views today 2659
Daily analysis of Gold for May 26, 2017
26 May 2017, 17:57 UTC+00   
Views today 2556
NZD/USD Intraday technical levels and trading recommendations for May 26, 2017
26 May 2017, 11:26 UTC+00   
Views today 2524