Market news:
U.S. economic data-① ADP employment increased by 37,000 in May, far below the expected 110,000 and the previous value of 62,000. ② The U.S. ISM non-manufacturing index in May fell to 49.9, shrinking for the first time in nearly a year, and the expected increase was from 51.6 to 52.
Technical analysis:
Today's buying and selling boundaries:
1.1401
Support and resistance levels:
1.1478
1.1449
1.1431
1.1372
1.1353
1.1324
Trading strategy:
If the price breaks through 1.1431, consider buying, and the first target price is 1.1449
If the price breaks through 1.1401, consider selling, and the first target price is 1.1372
U.S. economic data-① ADP employment increased by 37,000 in May, far below the expected 110,000 and the previous value of 62,000. ② The U.S. ISM non-manufacturing index in May fell to 49.9, shrinking for the first time in nearly a year, and the expected increase was from 51.6 to 52.
Technical analysis:
Today's buying and selling boundaries:
1.1401
Support and resistance levels:
1.1478
1.1449
1.1431
1.1372
1.1353
1.1324
Trading strategy:
If the price breaks through 1.1431, consider buying, and the first target price is 1.1449
If the price breaks through 1.1401, consider selling, and the first target price is 1.1372
Trade active
We bought at 1.1420. The EUR/USD exchange rate has reached our target and we have made a profit. Next we will analyze the signals for the next trade. If you need any help, please contact me.Trade closed: target reached
The goal has been reached, we will analyze the next trading signal. If you need it, please click Contact Me to get it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.