Forex Forecast for EURUSD, GBPUSD, USDJPY, USDCAD 01 August, 2016

On Friday, the US currency weakened slightly and the price of EURUSD went up by 120 pips. The MACD histogram is in the positive zone, below its signal line, send a signal to sell EURUSD. Today in the USA at 17:00 (GMT +2: 00) the news on the business activity index in the manufacturing sector is expected. We believe that the price of EURUSD may try to rise to the level of … Read more