{"id":156750,"date":"2019-10-03T08:30:03","date_gmt":"2019-10-03T12:30:03","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=156750"},"modified":"2019-10-03T08:05:05","modified_gmt":"2019-10-03T12:05:05","slug":"eurusd-analysis-euro-zone-private-sector-activity-decline-bearish-for-eurusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/10\/eurusd-analysis-euro-zone-private-sector-activity-decline-bearish-for-eurusd\/","title":{"rendered":"EURUSD Analysis: Euro-zone private sector activity decline bearish for EURUSD"},"content":{"rendered":"<div id=\"inves-4222675181\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 3, 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 private sector activity decline bearish for EURUSD<\/strong><\/p>\n<blockquote><p>Markit\u2019s composite Index for euro-zone fell in September to 50.1 from 51.9. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/eurusd\">EURUSD<\/a> decline?<\/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_3October2019.jpg\" alt=\"EURUSD rising above MA(200)\" width=\"660px\" \/><\/p>\n<p>The price chart on 1-hour timeframe shows <b> EURUSD: H1 <\/b> is in uptrend. The price is testing the 200-period moving average MA(200) which is falling. And the RSI is above 50 level and hasn\u2019t 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\">Buy<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Buy stop<\/b><\/td>\n<td align=\"left\" valign=\"top\">Above 1.0968<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Stop loss<\/b><\/td>\n<td align=\"left\" valign=\"top\">Below 1.0948<\/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 private sector activity decline bearish for EURUSD Markit\u2019s composite Index for euro-zone fell in September to 50.1 from 51.9. Will the EURUSD decline? The price chart on 1-hour timeframe shows EURUSD: H1 is in uptrend. The price is testing the 200-period moving average MA(200) which is falling. And the RSI is above [&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-156750","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156750","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=156750"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156750\/revisions"}],"predecessor-version":[{"id":156758,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156750\/revisions\/156758"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=156750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=156750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=156750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}