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Main » 2019 » April » 04

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The British currency continues to maintain its status as one of the most volatile currency market assets and all thanks to the continuing political uncertainty around Brexit. European Commission President Jean-Claude Juncker, speaking Wednesday at the European Parliament, said that "the European Union will not agree to a new postponement UK release date from the community, if the Kingdom of the parliament does not approve the agreement on the conditions Brexit to 12 April." In this case, Juncker said that "if the House of Commons of England still approve the deal by April 12, then Brussels will be able to transfer Brexit on 22 May." Recall that the members of the House of Commons on March 29 in the third time rejected the agreement Brexit conditions, which was reached between Prime Minister Theresa May and Brussels.

 

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Views: 51 | Added by: mik | Date: 04.04.2019 | Comments (0)

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Results of the last trading day EUR / USD:


On Wednesday, April 3, trading in the EUR / USD pair in the growth. Buyers have raised the price of EUR / USD up to 1.1255, but failed to gain a foothold above the resistance 1.1250. In the American session, they retreated to 1.1225. At the second attempt also failed to slip 1.1250 - the price has stabilized at 1.1240. Now on the hourly timeframe, EUR / USD has created all conditions for the movement of quotations up.

 

 

Views: 52 | Added by: mik | Date: 04.04.2019 | Comments (0)

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The euro dollar forex trading forecast for EURUSD today 04/04/2019


Today is not expected important macroeconomic statistics, and investors may take a wait and see attitude before the publication of labor market data. Report on Non-Farm we get tomorrow. ISM employment index in industry and the service sector in March showed a slight increase - that these indicators, market participants are used in Non-Farm forecasting. In this case, ADP agency notes the weakness of the labor market and points to the absence of strong employment growth. Taking into account all the factors we can expect the final figure within the range of 150-170 thousand. That may be a bit disappointed investors, who will close the "Long" on US currency. But it will be tomorrow, and now the market for government bonds points to flat.


EUR / USD recommendation: flat 1.1190- 1.1290

 

 

Views: 57 | Added by: mik | Date: 04.04.2019 | Comments (0)

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