March 31, 2020
By IFCMarkets
Falling euro-zone inflation bearish for EURUSD
Euro-zone inflation fell in March: the consumer price index growth slowed to 0.7% over year after 1.2% growth in February, when a decline to 0.8% was expected. This is bearish for EURUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Sell | |
| MA(200) | Buy | |
| Fractals | Sell | |
| Parabolic SAR | Sell |
Summary of technical analysis
| Order | Sell |
| Buy stop | Below 1.0926 |
| Stop loss | Above 1.1032 |
Market Analysis provided by IFCMarkets
