The euro dollar forex trading forecast for EURUSD today 03/01/2019
Euro on the market is waiting for both positive and negative. Of positive news: Inflation in the euro area up to February can demonstrate growth, since similar data on the largest economies of the region have shown a positive trend. This factor may provide support for the euro in the first half of trading. Saving the upward trend in the oil market will also support the euro. Investors are seriously concerned about the sharp decline in production at two of the largest oil fields in Venezuela. Today I expect BRENT quotations growth in the area of 67.50. On the other hand, negative in the credit market could cause the euro sell-off: the yield spread of German and US 10-year bonds fall shows.
EURUSD recommendation: flat 1.1350-1.1440