Zostať 
Podmienky obchodovania
Nástroje
However, today will bring key data from both the U.S. and the Eurozone in the context of the ongoing tariff wars — the Purchasing Managers' Index (PMI) figures. Forecasts suggest that the advantage lies with the U.S. economy: Eurozone Manufacturing PMI is expected to rise from 47.6 to 48.7, while the U.S. Manufacturing PMI, though projected to fall from 52.7 to 49.8, will still surpass the European figure. According to the ISM, the U.S. Manufacturing PMI may decrease from 50.3 to 49.6, which is also better than the European result.
But here lies the usual trap of market psychology combined with algorithmic trading — if U.S. indicators are declining, then the logic becomes to buy the euro. And the growth of the S&P 500 (after a 10.7% correction), as we previously mentioned, could serve as a catalyst. While we do not doubt that the euro will experience a significant decline once all short-term events settle, for now, the upward movement continues. The nearest target is 1.0955, followed by 1.1027.
On the four-hour chart, the price is preparing to break through the MACD line near 1.0840. Marlin is already poised for growth — we just need to see the release of the PMI data.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
Súbory cookie môžeme používať na analýzu údajov o návštevníkoch webovej stránky, na jej zlepšenie a meranie výkonu reklamy. Tieto údaje sa vo všeobecnosti používajú na zlepšenie poskytovaných služieb na webovej stránke. Ďalšie informácie.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
