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31.10.201906:37 Forex Analysis & Reviews: Technical analysis: Important Intraday Levels For EUR/USD, October 31, 2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 31.10.2019 analysis

When the European market opens, some economic data will be released such as Italian Prelim GDP q/q, Unemployment Rate, Prelim Flash GDP q/q, Italian Prelim CPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Italian Monthly Unemployment Rate, Spanish Flash GDP q/q, French Prelim CPI m/m, and German Retail Sales m/m. The US will also publish the economic data such as Natural Gas Storage, Chicago PMI, Unemployment Claims, Personal Income m/m, Employment Cost Index q/q, Core PCE Price Index m/m, Personal Spending m/m, and Challenger Job Cuts y/y, so amid the reports, the EUR/USD pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Breakout BUY Level: 1.1217. Strong Resistance: 1.1211. Original Resistance: 1.1200. Inner Sell Area: 1.1189. Target Inner Area: 1.1163. Inner Buy Area: 1.1137. Original Support: 1.1126. Strong Support: 1.1115. Breakout SELL Level: 1.1109. (Disclaimer)
Arief Makmur
Analytical expert of InstaForex
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