By IFCMarkets
Smaller than expected recovery in French industrial output bearish for EURUSD
French industrial production rose 1.2% over month in January after 2.5% decline in December, when a 1.8% growth was forecast. This is bearish for EURUSD
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Neutral | |
| MA(200) | Buy | |
| Fractals | Sell | |
| Parabolic SAR | Sell |
| Order | Sell |
| Buy stop | Below 1.1331 |
| Stop loss | Above 1.1401 |
Market Analysis provided by IFCMarkets
Risk Disclosure: Foreign Currency trading and trading on margin carries a high level of risk and can result in loss of part or all of your investment. Due to the level of risk and market volatility, Foreign Currency trading may not be suitable for all investors and you should not invest money you cannot afford to lose. Before deciding to invest in the foreign currency exchange market you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with foreign currency exchange trading, and seek advice from an independent financial advisor should you have any doubts.
All information and opinions on this website are for general informational purposes only and do not constitute investment advice.
