Daily Analysis EUR/USD - Thursday, 26/03/2015
The euro zone saw yesterday the issuance of IFO climate German business index, which rose from 106.8 to 107.9 on a monthly level best expectations which monitors the height of 107.4 only on the same level, and released this morning the German consumer confidence index at altitudes of more-than-expected rate of 10.0 While it was expected to rise from 9.7 to 9.8
The issue today promptly at 9:00 GMT, the rate of rise in loans
And is forecast to rise from -0.1% to 0.1% on the annual level
On the other side of the US economy released yesterday Durable commodities which recorded a decline of 0.4% on other than the expectations that had been monitoring rise by 0.3% on the same level as the prior revised figures to record zero growth compared with a rise of 0.3% monthly level of the former also durable goods orders recorded nonessential decline by 1.4% on a monthly basis and unlike expectations, which had been monitoring a height of 0.3%
Asdraleom promptly at 12:30 GMT, the weekly change in subsidy requests and expectations Chiraly persistence rate of 291 000 request without change also will be released at 13:45 PMI for the service sector and the expectations index refers to the height from 57.1 to 57.2
Technically: We're still on our expectations regarding the pair as long as we are trading higher support levels 1.0890 and reached the pair yesterday, the highest 1.1000 levels, but did not prove much Nilai and goals coming We 1.1030 again levels and steady state Nilai wait for next levels at 1.1200 stop losses shut candle 4 hours lows 1.0890
