By IFCMarkets
Falling German consumer prices bearish for EURUSD
Producer prices in Germany continued falling in May: producer prices index declined 0.4% after 0.7% decline in April, when a 0.3% decline was expected. This is bearish for EURUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Buy | |
| Donchian Channel | Neutral | |
| Donchian Channel | Sell | |
| Fractals | Neutral | |
| Parabolic SAR | Sell |
| Order | Buy |
| Buy stop | Above 1.1194 |
| Stop loss | Below 1.1221 |
Market Analysis provided by IFCMarkets