{"id":159372,"date":"2019-11-08T07:45:04","date_gmt":"2019-11-08T12:45:04","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=159372"},"modified":"2019-11-08T07:32:17","modified_gmt":"2019-11-08T12:32:17","slug":"eurusd-analysis-weak-trade-balance-bearish-for-eurusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/11\/eurusd-analysis-weak-trade-balance-bearish-for-eurusd\/","title":{"rendered":"EURUSD Analysis: Weak trade balance bearish for EURUSD"},"content":{"rendered":"<div id=\"inves-2744385741\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 8, 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>Weak trade balance bearish for EURUSD<\/strong><\/p>\n<p>French and German trade balanced for September were weaker than expected. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/eurusd\">EURUSD<\/a> decline?<\/p>\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_8November2019.jpg\" alt=\"EURUSD falling below MA(200)\" width=\"660px\" \/><\/p>\n<p>The price chart on 1-hour timeframe shows <b> EURUSD: H1 <\/b> is trading sideways. The price fell below the 200-period moving average MA(200) which is falling. And the RSI oscillator is below 50 level and has not reached the oversold zone. There is no trend yet formed, traders have to decide when it would be a best time to enter the market.<\/p>\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 Weak trade balance bearish for EURUSD French and German trade balanced for September were weaker than expected. Will the EURUSD decline? The price chart on 1-hour timeframe shows EURUSD: H1 is trading sideways. The price fell below the 200-period moving average MA(200) which is falling. And the RSI oscillator is below 50 level [&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-159372","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159372","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=159372"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159372\/revisions"}],"predecessor-version":[{"id":159374,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159372\/revisions\/159374"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=159372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=159372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=159372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}