By IFCMarkets
Falling producer prices in Germany bearish for EURUSD
Producer prices fell in Germany in March: the producer price index fell 0.8% after 0.4% declined in February, when a 0.7% drop was expected. This is bearish for EURUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Sell | |
| MA(200) | Sell | |
| Fractals | Neutral | |
| Parabolic SAR | Buy |
| Order | Sell |
| Buy stop | Below 1.0841 |
| Stop loss | Above 1.0895 |
Market Analysis provided by IFCMarkets
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