Thursday EURUSD market Started from 1.30730.

Today market slightly   up and now it’s come to down side  .Today we have three high impact news’s.

so we expect after this news announcement time some positive or negative movements sure.

Pivot Point Details:

This is the pivot point values for today’s EURUSD.Here Market started from open point-1.3054

and still now it’s not get any kind of trend change.

So after some hours it will touch pivot level-1.3054, if news announcement will react in market side means it can go to Resistance S1-1.3012 also.

CCI Values:

Today morning market opened time CCI values was in the position of 60.7718 and after some hours its reached -163.325.so morning traders like more sell .

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,

”

This three news’s may change the market totally .

At 13:30 USD High Impact news Core Retail Sales (MOM)

Core Retail Sales measures the change in the total value of sales at the retail level in the U.S., excluding automobiles. It is an important indicator of consumer spending and is also considered as a pace indicator for the U.S. economy.

The forecasted value is -0.1% if the actual value is greater than forecasted value the USD can moves in the uptrend, otherwise it moves in the downtrend.

At 13:30 USD High impact news Initial jobless claims

Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.

The forecasted value is 370k if the actual value is greater than the forecasted value means the USD can moves in the downtrend, otherwise it moves in the uptrend.

At 13:30 USD High Impact news Retail Sales (MOM)

Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.

The forecasted value is 0.5% if the actual value is more than the forecasted value USD moves in the uptrend, otherwise it moves in the downtrend.

”

So the final report is after some hours it will touch pivot level-1.3054, support level S1-1.3012,if news announcement will react in market side means it can go to Resistance R1-1.3115 also.