ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور ترقی کے لیے درکار ہو، ایک ہی جگہ پر ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟
FXStreet (Edinburgh) - The European currency keeps pushing higher on Friday, now lifting EUR/USD to shouting distance of the key barrier at 1.0900.
EUR/USD firmer on IFO
The pair has found another excuse to climb further after the German IFO indicator surpassed expectations in almost all of its components for the current month: Business Climate and Current Assessment improved to 108.6 and 113.9, respectively while Expectations missed the median and ticked lower from March print, coming in at 103.5.
The Eurogroup meeting has already kicked in amidst a climate of increasing anxiety and optimism amongst market participants. Later on, US Durable Goods Orders are due, with bets pointing to a monthly expansion of 0.6% during the last month, reverting the previous contraction.
EUR/USD levels to watch
At the moment the pair is gaining 0.55% at 1.0884 with the next hurdle at 1.0898 (high Apr.24) ahead of 1.0900 (psychological level) and then 1.0914 (76.4% of 1.1036-1.0521). On the downside, a breach of 1.0769 (21-d MA) would open the door to 1.0730 (10-d MA) and finally 1.0666 (low Apr.23).