Monday, 28 May 2018

EUR / USD - the pair moves lower to the strategic level 1.1555

Posted by FortFS at 17:44 Labels:

At the end of the week, the single European currency continued its downward trend, as EUR / USD currency pair lost 0.92%. The main impact on the price dynamics of the EUR/USD last week was provided by the FOMC protocols, the yield of US government bonds, as well as the political situation in Italy. If we briefly summarize all these factors, we can simply say that all factors have had a sharp negative impact on the European currency.
The beginning trading week will be full of economic data, the release of a number of important macroeconomic reports, is possible to highlight the publication of data on the US labor market.
Technically, the past week closed with a pullback in EUR / USD on the background of profit taking before the weekend, especially taking into account the long weekend in the US. With the start of European trading earlier today, the pressure on the pair resumed.
In the middle of European session  EUR / USD is trading at 1.1618 and continues to decline to the zone of nearest support 1.1555.
Trading recommendations – shorts down to 1.1555

https://www.fortfs.com


2 comments :

  1. Taylor Bara21 November 2019 at 16:08

    Do you want to find out is it legal to use VPN in your country? Check this info real quick!

    ReplyDelete
  2. Dewa Poker13 May 2020 at 09:38

    Unquestionably believe that which you said. Your favorite reason seemed to be on the net the simplest thing to be aware of. I say to you, I certainly get annoyed while people think about worries that they plainly do not know about. You managed to hit the nail upon the top and also defined out the whole thing without having side-effects , people can take a signal. Will probably be back to get more. Thanks https://royalcbd.com/product/cbd-gummies-25mg/

    ReplyDelete

Subscribe to: Post Comments ( Atom )