By IFCMarkets
Smaller slowing of industrial output in Germany bullish for EURUSD
Industrial production growth slowed in Germany less than forecast: Germany recorded 0.3% industrial output growth over month in February after 3.2% growth in previous month, when a 0.7% decline was forecast. This is bullish for EURUSD.
Indicator | VALUE | Signal |
---|---|---|
RSI | Neutral | |
MACD | Buy | |
Donchian Channel | Buy | |
MA(200) | Sell | |
Fractals | Buy | |
Parabolic SAR | Buy |
Summary of technical analysis
Order | Buy |
Buy stop | Above 1.0892 |
Stop loss | Below 1.0790 |
Market Analysis provided by IFCMarkets