Monday EURUSD market Started from 1.29068.

Today market not moving more to up and down .It’s today going neutral still now its continue .

We expect after some hours it will go to positive or negative trend side.

It’s still now wait for Three important news announcement today surely.

So after this time market will go up or down trend.

Pivot Point Details:

This is the pivot point values for today’sEURUSD.Here Market started from open point-1.29068 and still now it’s not get any kind of trend change.

So after some hours it will touch pivot level-1.2926, support level S1-1.2879, support level S2-1.2829 if news announcement will react in market side means it can go to Resistance R1-1.2976 also.

CCI Values:

Today morning market opened time CCI values was in the position of -37.9194 and still now its waiting for news announcement.

So after news announcement we expect down trend may be its break the down trend and go to positive side .

News Details:

Our markets watch team has given the detail about Today’s news Analysis.

FXBase Market analysis team says,

”At 7:00 (GMT) EUR German Trade Balance, the forecasted value is 16.1B then the actual value is 15.2B so the EUR can moves in the downtrend. It is low impact news so there is no much more fluctuations in the market.

At 7:45 (GMT) EUR French Industrial Production (MOM), the forecasted value is 0.3% then the actual value is -0.7% so the EUR can moves in the downtrend. It is low impact news so there are no much more fluctuations in the market.

At 9:00 (GMT) EUR Italian Industrial Production (MOM) it’s a low impact news so there is no much more fluctuations in the market.

At 9:30 EUR (GMT) Sentix Investor Confidence it’s a low impact news so there is no much more fluctuations in the market.

At 10:00 EUR (GMT) Italian GDP (QoQ) it’s a low impact news so there is no much more fluctuations in the market.

At 10:00 EUR (GMT) Italian GDP (YoY) a low impact news so there is no much more fluctuations in the market.

At 15:00 USD (GMT) CB Employment Trends Index its low impact news so there is no fluctuations in the market.

At 16:30 USD (GMT) 3Month Bill Auction its low impact news so there is no fluctuations in the market.

At 16:30 USD (GMT) 6Month Bill Auction its low impact news so there is no fluctuations in the market.”

So the final report is after some hours it will touch pivot level-1.2926, support level S1-1.2879, support level S2-1.2829 if news announcement will react in marketside means it can go to Resistance R1-1.2976 also.

News events may change the forecast, Trade at your own risk. News.fxbase will not be responsible for any kind of loss in your trades.