EUR/USD is trading at 1.0765, 0.06% up since previous day close. On Monday, European Central Bank (ECB) Chief Economist Philip R. Lane stated that recent Eurozone data have increased his confidence in inflation returning to the 2% goal, consequently raising the likelihood of a first interest-rate cut in June. Purchasing Managers Index (PMI) data released on Monday. Later on Tuesday, Retail Sales data are set to be released during the upcoming European market session. On Monday trading session touched resistance level 1.0790 further movement will be bullish.
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Near Day |
R3 | 1.0812 |
R2 | 1.079 |
R1 | 1.077 |
Turnaround | 1.0705 |
S1 | 1.0753 |
S2 | 1.0726 |
S3 | 1.0704 |
GER30 is trading at 18,256, 1.06% up since previous day close. European stock markets climbed higher on Tuesday, continuing the generally positive global tone as investors digest a deluge of corporate earnings. At 03:20 ET (07:20 GMT), the DAX index in Germany traded 1.06% higher, the CAC 40 in France traded 0.6% higher, while the FTSE 100 in the U.K. climbed 1.1%, returning from Monday’s holiday. DAX30 recovered from their support zone three day ago after big German giant post their profit as expected by investor.
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Near Day |
R3 | 39337 |
R2 | 39070 |
R1 | 38830 |
Turnaround | 38500 |
S1 | 38460 |
S2 | 38230 |
S3 | 38000 |
XAU/USD is trading at 2322.87, 0.96% up since previous day close. Gold prices rose in Asian trade on Monday, capitalizing on a recent drop in the dollar as softer-than-expected U.S. payrolls data saw traders increase bets on eventual interest rate cuts by the Federal Reserve. But gains in gold were held back by improved risk appetite in the wake of Friday’s nonfarm payrolls data, as investors pivoted into more risk-exposed assets such as stocks. Spot gold rose 0.4% to $2,310.05 an ounce, while gold futures expiring in June rose 0.4% to $2,318.70 an ounce. On daily chart, on Monday it closed with 0.96% gain. Some buying opportunity might be generated from its support area.
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Near Day |
R3 | 2387.47 |
R2 | 2355.86 |
R1 | 2332 |
Turnaround | 2310 |
S1 | 2291 |
S2 | 2277 |
S3 | 2265 |
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