logo |


    Your location: Home >  Forum  >  Technical index  >  Content details
    India 2020-04-27 08:57:58
    Technical index EUR/USD Outlook (27 April 2020)

    Overall, EUR/USD is trending downwards. Recently, EUR/USD moved higher, breaking the resistance level of 1.08000.
    Last Friday, European Commission’s Head of Task Force Michel Barnier said that a joint decision between the EU and UK would be taken on 30 June on whether the Brexit transition period will be extended.
    EUR/USD’s next support level is at 1.00800 and the next resistance level is at 1.10000.
    With the poor flash PMI data released last week, look for selling opportunities of EUR/USD.

    Write your question...
    Please sign in first Sign up/in to comment

    There is no comment yet. Make the first one.


    Successfully published

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.