{"id":161097,"date":"2019-12-04T09:00:48","date_gmt":"2019-12-04T14:00:48","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=161097"},"modified":"2019-12-04T08:31:37","modified_gmt":"2019-12-04T13:31:37","slug":"eurusd-analysis-euro-zones-composite-pmi-upgrade-bullish-for-eurusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/eurusd-analysis-euro-zones-composite-pmi-upgrade-bullish-for-eurusd\/","title":{"rendered":"EURUSD Analysis: Euro-zones Composite PMI upgrade bullish for EURUSD"},"content":{"rendered":"<div id=\"inves-229474173\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 4, 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-zones Composite PMI upgrade bullish for EURUSD<\/strong><\/p>\n<p>The final reading of euro-zone\u2019s Composite PMI index was unchanged in November at 50.6, above the earlier flash reading of 50.3. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/eurusd\">EURUSD<\/a> rise?<\/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_4December2019.png\" alt=\"EURUSD falling above MA(200)\" width=\"660px\" \/><\/p>\n<p>The price chart on 1-hour timeframe shows <b> EURUSD: H1 <\/b> is trading sideways. The price is falling above the 200-period moving average MA(200) which is level. And the RSI oscillator is below 50 level and has not reached the overbought 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 Euro-zones Composite PMI upgrade bullish for EURUSD The final reading of euro-zone\u2019s Composite PMI index was unchanged in November at 50.6, above the earlier flash reading of 50.3. Will the EURUSD rise? The price chart on 1-hour timeframe shows EURUSD: H1 is trading sideways. The price is falling above the 200-period moving average [&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-161097","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161097","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=161097"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161097\/revisions"}],"predecessor-version":[{"id":161101,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161097\/revisions\/161101"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=161097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=161097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=161097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}