The US currency showed a significant strengthening yesterday and the price has dropped to the level of 1.10000. Today the EURUSD pair continues to fall. Important news on crude oil reserves are expected today at 17:30 (GMT +2: 00) in the USA. The purpose of today’s trading can be the mark of 1.09700, and in case of positive news release from the US, the price of EURUSD could reach…Read more
The mark of 1.10380 was the resistance level for EURUSD yesterday and the price went up. At 12:00 (GMT +2:00) the important news from Germany will be released, and at 15:30 the release of the data on the number of building permits in the USA is expected. We expect today that the price of EURUSD could rise to the level of…Read more
No sooner had we recovered from the Brexit a new resonance event shocked the public and the foreign exchange market. Surely it is reffered to the Turkey coup attempt.
As expected, the strengthening of the US currency happened on Friday and the EURUSD price fell more than 120 pips to the level of 1.10250. The MACD histogram is in the negative zone, above its signal line, and sends a signal to buy EURUSD. The stochastics oscillator is in the neutral zone, the %K line is below the %D line and sends a signal to sell EURUSD. Today, we expect a slight reduction of the EURUSD price to the level…Read more
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At 12:00 (GMT +2: 00) news on the inflation index in the euro zone will be released and at 15:30 a lot of news in the USA is expected. We expect that the news on the US currency will be positive, as a result the price of EURUSD may reduce to the level of…Read more
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The EURUSD currency pair showed an upward movement of 75 pips yesterday and the price reached the level of 1.11200. Important news from the US today will be released today at 15:30 (GMT +2: 00). If the result is negative, the price of EURUSD may try to rise to the level of…Read more
During yesterday’s trading session the currency pair of EURUSD rose to the level of 1.11260, and then there was a price drop to the level of 1.10600. At 17:30 (GMT +2: 00) the important news release is expected in the United States. In case of negative news release the price of EURUSD could rise to the level of…Read more
Today we are observing a sharp jump of the price up to the level of 1.11200. The stochastics oscillator is almost in the overbought zone, the %K line is above the %D line and sends a signal to buy EURUSD. If current trends preserve, the price of EURUSD may try to rise to the level of…Read more