EURUSD forecast bearish after weak German factory orders data
Tổng quan phân tích kỹ thuật EUR/USD: Bán
| Chỉ thị | Giá trị | Tín hiệu |
| RSI | Trung lập | |
| MACD | Bán | |
| Donchian Channel | Bán | |
| MA(200) | Mua | |
| Fractals | Bán | |
| Parabolic SAR | Bán |
Phân tích biểu đồ
The technical analysis of the EURUSD price chart on 4-hour timeframe shows EURUSD,H4 is testing 200-period moving average MA(200) following a retreat after rebound to one-month high a week ago. We believe the bearish momentum will continue after the price breaches below the lower bound of the Donchian channel at 1.0734. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 1.0768. After placing the order, the stop loss is to be moved to the next fractal high indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Phân tích vĩ mô -
German factory orders continued to decline in March. Will the EURUSD price retreating persist?
German factory orders fell again in March. The federal statistics office Destatis reported that real (price adjusted) new orders in manufacturing were down 0.4% over month in March after 0.8% drop in February, when a 0.4% increase was expected. The 0.7% increase in consumer goods orders was offset by 0.4% decrease in new orders for capital goods and intermediate goods. At the same time, new orders were down 1.9% on the same month a year earlier (calendar adjusted), following 8.8% drop over year in February. Falling new orders in manufacturing in the largest economy in euro area is bearish for euro and hence for EURUSD.