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Magna Trust Company | Magna Fx Greece - Price Update

Magna fx reviews | Magna Trust company - current price Update .<br>As for the 1 hour chart of the EUR/USD pair, its shows that the price has accelerated well above a bullish 20 SMA, whilst the technical indicators are partially losing upward strength within overbought levels.<br>Visit – https://www.magna-trust.com<br>Follow us - https://twitter.com/magnatrust<br>Like us - https://www.facebook.com/Magna-Trust-844973492264279

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Magna Trust Company | Magna Fx Greece - Price Update

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  1. EUR/USD: up and beyond, no one wants the greenback EUR/USD Current Price: 1.1389 • The EUR/USD trades at fresh year highs, right below the 1.1400 figure, as the market keeps selling the greenback above and beyond. Early data coming from Germany was far from encouraging, as local Retail Sales were down by 0.4% monthly basis in February, but strongly higher compared to a year before, up by 5.4%. • In the same month, the unemployment rate during March remained unchanged at 6.2%, although the number of unemployed people was unchanged in March, the first month since last September the jobless total has not fallen. The US session will bring minor releases, with the market now focused on the Nonfarm Payroll report, to be released this Friday. In the meantime, European indexes trade sharply lower, but US futures suggest another positive day for Wall Street, with the DJIA holding near the fresh year high posted yesterday. As for the 1 hour chart of the EUR/USD pair, its shows that the price has accelerated well above a bullish 20 SMA, whilst the technical indicators are partially losing upward strength within overbought levels, with no

  2. Magna Trust Comapany | Magna trust Greece EUR/USD Current Price: 1.1389 EUR/USD Current Price: 1.1389 Support levels: 1.1365 1.1330 1.1290 Resistance levels: 1.1410 1.1460 1.1500 

  3. Magna Trust Company | Magna Fx Greece- GBP/USD Current price: 1.4370 The GBP/USD pair stands around its daily opening, having been as high as 1.4425 so far today, after the release of the final version of the Q4 2015 GDP revised higher to 0.6% compared to the previous quarter, and 2.1% yearly basis. The boost given by the data has not been enough to send the pair above the previous weekly high, and this lack of follow through suggests the Pound may turn lower, at least in the short term. Technically, the 1 hour chart shows that the price is pressuring a flat 20 SMA, while the technical indicators have turned lower after crossing above their mid-lines, and hold in neutral territory In the 4 hours chart, the 20 SMA maintains a strong upward slope, around 1.4325, also the daily low, while the technical indicators are turning south within positive territory, but having posted lower highs daily basis, indicating an increasing bearish potential that needs to be confirmed on a break below the mentioned support. 

  4. Support levels: 1.4325 1.4290 1.4250 Resistance levels: 1.4420 1.4460 1.4515 

  5. Contact Us Website – www.magna-trust.com 5 George Str , Athens, 10682, Greece (+30) 210 3800820 (+30) 210 3000852 info@magna-trust.com

  6. Thank You

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