{"id":156671,"date":"2019-10-02T09:00:22","date_gmt":"2019-10-02T13:00:22","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=156671"},"modified":"2019-10-02T08:53:26","modified_gmt":"2019-10-02T12:53:26","slug":"eurusd-analysis-euro-zone-manufacturing-contraction-bearish-for-eurusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/10\/eurusd-analysis-euro-zone-manufacturing-contraction-bearish-for-eurusd\/","title":{"rendered":"EURUSD Analysis: Euro-zone manufacturing contraction bearish for EURUSD"},"content":{"rendered":"<div id=\"inves-1726884525\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 2, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/strong><\/p>\n<p><strong>Euro-zone manufacturing contraction bearish for EURUSD<\/strong><\/p>\n<blockquote><p>Continuing contraction in euro-zone\u2019s manufacturing sector is bearish for euro. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/eurusd\">EURUSD<\/a> continue falling?<\/p><\/blockquote>\n<p style=\"text-align: center; margin-bottom: 20px; margin-top: 20px;\"><img decoding=\"async\" style=\"float: none;\" src=\"https:\/\/www.ifcmarkets.com\/uploads\/images\/EURUSD_2October2019.jpg\" alt=\"EURUSD rising toward MA(200)\" width=\"660px\" \/><\/p>\n<p>On 1-hour timeframe <b> EURUSD: H1 <\/b> is in downtrend, rising toward 200-period moving average MA(200) which is falling. The RSI indicator is rising above 50 level but has not reached the overbought zone yet.<\/p>\n<h2 class=\"emailSummary\" style=\"margin-top: 15px !important;\">Technical Analysis Summary<\/h2>\n<table style=\"border: solid 1px black;\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Order<\/b><\/td>\n<td align=\"left\" valign=\"top\">Sell<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Sell stop<\/b><\/td>\n<td align=\"left\" valign=\"top\">Below 1.0914<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Stop loss<\/b><\/td>\n<td align=\"left\" valign=\"top\">Above 1.0937<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Euro-zone manufacturing contraction bearish for EURUSD Continuing contraction in euro-zone\u2019s manufacturing sector is bearish for euro. Will the EURUSD continue falling? On 1-hour timeframe EURUSD: H1 is in downtrend, rising toward 200-period moving average MA(200) which is falling. The RSI indicator is rising above 50 level but has not reached the overbought zone [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-156671","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=156671"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156671\/revisions"}],"predecessor-version":[{"id":156673,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156671\/revisions\/156673"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=156671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=156671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=156671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}