By IFCMarkets
Lower than expected unemployment bullish for EURUSD
Euro-zone’s unemployment rose less than feared in April: the unemployment rate rose to 7.3% from 7.1% in March, when an increase to 8.2% was expected. This is bullish for EURUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Buy | |
| MA(200) | Buy | |
| Fractals | Buy | |
| Parabolic SAR | Sell |
| Order | Buy |
| Buy stop | Above 1.2238 |
| Stop loss | Below 1.1182 |
Market Analysis provided by IFCMarkets