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Views: 0 | Added by: mik | Date: Yesterday | Comments (0)

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The EUR / USD completed yesterday's trading a slight decline, despite the fact that at the beginning of the American session, the euro was able to update the customers week high. Driver for short-term growth of quotations became economic statistics from the United States, according to which sales of existing homes in April fell to 5.19 million., Against 5.21 million. A month earlier. The experts expect to see the figure at 5.35 million.

 

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Views: 2 | Added by: mik | Date: Yesterday | Comments (0)

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Eur usd forex forecast for EURUSD today 22/05/2019
 

At present, there are good and bad news for the euro. Of the good news. OECD raised its GDP growth forecast for the euro area as this and next year by 0.2%. According to the US forecast is also raised, but more modestly. Investment funds that had previously feared the prospects for the European economy, can now breathe easy and start moderate buy the single European currency, since the euro is now trading at two-year low and the current levels can be attractive for Buy positions. The bad news for the euro - a sell-off in gold, which the European single currency has a strong direct correlation. Investors sell the precious metal on the background of decline in geopolitical risks. Traders at the time forgot about the US trade disputes, and China, as Washington has made concessions to the company Huawei Technologies.


EURUSD recommendation: flat 1.1120-1.1200

 

 

Views: 2 | Added by: mik | Date: Yesterday | Comments (0)

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The EUR / USD trades held on Monday in a very narrow range, maintaining the lateral direction of movement. Such dynamics of the movement was quite expected, since the market was virtually no important news that could significantly change the balance of power in the market.

 

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Views: 5 | Added by: mik | Date: 21.05.2019 | Comments (0)

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Results of the last trading day EUR / USD:


In the Monday, May 20, the euro trades closed in positive territory on nine points. After falling to the 1.1151 price rebounded to 1.1175 against the background of growth of pair euro / pound and the weakening of the British pound. Faced with a carrying line, the market has moved in the consolidation phase before the Asian session. US Federal Reserve Chairman Jerome Powell had no impact on the market. Market participants have adopted a waiting position pending clarification of the situation in the negotiations on the trade agreement between the US and China.

 

 

Views: 4 | Added by: mik | Date: 21.05.2019 | Comments (0)

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