{"id":170914,"date":"2020-05-21T11:32:14","date_gmt":"2020-05-21T15:32:14","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=170914"},"modified":"2020-05-21T08:33:12","modified_gmt":"2020-05-21T12:33:12","slug":"eurusd-analysis-easing-of-euro-zone-manufacturing-downturn-bullish-for-eurusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/05\/eurusd-analysis-easing-of-euro-zone-manufacturing-downturn-bullish-for-eurusd\/","title":{"rendered":"EURUSD Analysis: Easing of euro-zone manufacturing downturn bullish for EURUSD"},"content":{"rendered":"
May 21, 2020<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/strong><\/p>\n

Easing of euro-zone manufacturing downturn bullish for EURUSD<\/strong><\/p>\n

Euro-zone\u2019s manufacturing activity contraction slowed in May: Markit reported Manufacturing PMI rose to 39.5 from 33.4 in April, when an increase to 38 was expected. Readings above 50.0 indicate industry expansion, below indicate contraction. This is bullish for EURUSD.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Indicator<\/th>\nVALUE<\/th>\nSignal<\/th>\n<\/tr>\n<\/thead>\n
RSI<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
MACD<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
Donchian Channel<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
MA(200)<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
Fractals<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
Parabolic SAR<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Summary of technical analysis<\/h2>\n\n\n\n\n\n
Order<\/b><\/td>\nBuy<\/td>\n<\/tr>\n
Buy stop<\/b><\/td>\nAbove 1.1003<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nBelow 1.0952<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Easing of euro-zone manufacturing downturn bullish for EURUSD Euro-zone\u2019s manufacturing activity contraction slowed in May: Markit reported Manufacturing PMI rose to 39.5 from 33.4 in April, when an increase to 38 was expected. Readings above 50.0 indicate industry expansion, below indicate contraction. This is bullish for EURUSD. Indicator VALUE Signal RSI Neutral MACD […]<\/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-170914","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170914","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=170914"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170914\/revisions"}],"predecessor-version":[{"id":170918,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170914\/revisions\/170918"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=170914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=170914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=170914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}