In the daily time frame however, EUR/USD is threatening support at the 20-day SMA while indicators give no clear signals at the time being.
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Below.1180, the next support area is seen.1165, where the.2 retracement of last lombardia news weeks bullish run converges with the 100-period SMA in 4-hour chart time frames.
Gain Global Markets Inc.On the other broker hand, the.1250 zone has forex acted as a vendita significant forex resistance level over the last sessions, and online a break out of that level would target.1295 (200-day SMA).Is part of the gain Capital Holdings, Inc.M may, from time to time, offer payment forex processing services with respect to card deposits through its affiliate, gain Capital UK Ltd, risoluzione Park House, 16 Finsbury Circus, London, EC2M 7EB, United Kingdom.Meanwhile, in the US, forex Jobless Claims fell to 209,000 for the week ended August 2, from 217,000 the previous week and below the 215,000 expected.China reported exports rose.3 in July, the biggest rise in four months, gioielli while imports online fell.6 in the year.It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent system advice if necessary.The diritto short-term technical perspective has improved slightly, as the 20 and 100-period moving averages have made a bullish cross in 4-hour time frame, while indicators hover above their midlines. .A break of this latter could pave the way to levels sub-1.1100.However, the Euro was unable to hold gains for long.The EUR/USD moved back and forth between the 20-day SMA, which stands.1180, and the 100-day SMA, currently around.1226, having made a high.1229.Please note that foreign exchange and other leveraged news trading involves significant risk of loss.Group of companies, which has its principal place of business at 135 US Hwy 202/206, Bedminster, NJ 07921, USA.M is a trading name of gain Global Markets Inc.Support levels:.1180.1165.1100, resistance levels:.1250.1295.1320, the EUR/USD pair moved in a limited range on Thursday as US stocks advanced and US Treasury yields stopped falling.Which is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with License number 25033. The main beneficiaries from this better mood were high-yielder currencies and commodities, which posted modest gains.
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Global growth news jitters eased a tad after China posted better than anticipated forex trade data, while the Yuan news was fixed at a higher-than-expected level.