By IFCMarkets
Recovering GfK index bullish for EURUSD
GfK consumer confidence index recovered slightly in May: GfK consumer climate index edged up from -23.1 points in April to -18.9 points in May, when an increase to -19.1 was expected. This is bullish for EURUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Neutral | |
| Donchian Channel | Neutral | |
| MA(200) | Buy | |
| Fractals | Buy | |
| Parabolic SAR | Buy |
| Order | Buy |
| Buy stop | Above 1.0971 |
| Stop loss | Below 1.0905 |
Market Analysis provided by IFCMarkets