By IFCMarkets
Steeper than forecast decline in German wholesale prices bearish for EURUSD
Wholesale prices in Germany fell in April more than expected: the Wholesale Price Index fell 1.4% in April after 0.4% decline in March, when 0.3% decline was expected. This is bearish for EURUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Sell | |
| MA(200) | Sell | |
| Fractals | Sell | |
| Parabolic SAR | Sell |
| Order | Sell |
| Buy stop | Below 1.0775 |
| Stop loss | Above 1.0819 |
Market Analysis provided by IFCMarkets