The Analytical Overview of the Main Currency Pairs on 2018.01.04

The EUR/USD currency pair

Technical indicators of the currency pair:
  • Prev Open: 1.20581
  • Open: 1.20143
  • % chg. over the last day: +0.07
  • Day's range: 1.20215 – 1.20297
  • 52 wk range: 1.0341 – 1.2069

Yesterday, there was a slight rollback on the EUR/USD currency pair after a sharp growth, caused by the forecasts that this year the European Central Bank would start cutting the quantitative easing program. At the moment, the EUR/USD quotes are in a sideways trend. Today, an increased volatility in the market due to the release of important statistical data from the Eurozone and the United States is expected. We recommend opening positions from key levels.

The news feed on 2018.01.04:

  • - The index of business activity in the services sector in Germany at 10:55 (GMT+2:00);
    - The index of business activity in the services sector in the Eurozone at 11:00 (GMT+2:00);
    - Change in the number of people emplo

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