30 June, AtoZForex.com, Milano — Technically Daily EURUSD outlook with eyes on the 1.1145 level. (4:49GMT)
NEWS THAT CAN HAVE AN IMPACT:
- EUROZONE GERMAN UNEMPLOYMENT CHANGE, GERMAN UNEMPLOYMENT RATE (08:55 GMT)
- EUROZONE CPI, UNEMPLOYMENT RATE (10:00 GMT)
- U.S. CHICAGO PMI (14:45 GMT)
- U.S. CB CONSUMER CONFIDENCE (15:00 GMT)
This week is the Nonfarm Payrolls week, hot fundamentals week then:
TOMORROW
Eurozone German Manufacturing PMI (08:55)
U.S. ADP Nonfarm Employment Change (13:15 GMT)
U.S. ISM Manufacturing Employment, ISM Manufacturing PMI (15:00 GMT)
THURSDAY
U.S. Nonfarm Payrolls, Unemployment Rate (13:30 GMT)
Chart 1: Daily EURUSD eyes on 1.1145 (Click on the image to enlarge)
My S/R setup is the following:
First resistance: 1.129 (Friday’s low, fibo arcs)
if First resistance’s breakout then ->
-> Second resistance: 1.1355 (converging H4 trendlines)
Chart 2: H4 EURUSD (Click on the image to enlarge)
if breakout then ->
-> Third resistance: 1.1450 (weekly trendlines, May’s high)
First support: 1.1145 (H4 trendlines, fibo arcs)
if First support’s breakout then ->
-> Second support: 1.1064
if breakout then ->
-> Third support: 1.098
if breakout then ->
-> Fourth support: 1.088 (weekly trendlines)
if breakout then ->
-> Fifth support: 1.0815 (converging H4 trendlines, fibo arcs)