{"id":173200,"date":"2020-07-06T11:26:08","date_gmt":"2020-07-06T15:26:08","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173200"},"modified":"2020-07-06T10:26:46","modified_gmt":"2020-07-06T14:26:46","slug":"eurusd-analysis-slowing-euro-zone-business-activity-contraction-bullish-for-eurusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/eurusd-analysis-slowing-euro-zone-business-activity-contraction-bullish-for-eurusd\/","title":{"rendered":"EURUSD Analysis: Slowing euro-zone business activity contraction bullish for EURUSD"},"content":{"rendered":"
July 6, 2020<\/div>
\r\n<\/div><\/div>

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

Slowing euro-zone business activity contraction bullish for EURUSD<\/strong><\/p>\n

Euro-zone\u2019s business activity contraction slowed in June: the PMI Composite index rebounded for a second successive month to 48.5 from 31.9 in May, when an increase to 47.3 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>\nBuy<\/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 1.1317<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nBelow 1.1268<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

By IFCMarkets Slowing euro-zone business activity contraction bullish for EURUSD Euro-zone\u2019s business activity contraction slowed in June: the PMI Composite index rebounded for a second successive month to 48.5 from 31.9 in May, when an increase to 47.3 was expected. Readings above 50.0 indicate industry expansion, below indicate contraction. This is bullish for EURUSD. Indicator […]<\/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-173200","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173200","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=173200"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173200\/revisions"}],"predecessor-version":[{"id":173215,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173200\/revisions\/173215"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}