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Main » 2019 » July » 05

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EUR / USD trading day results of the

July 4th pair EUR / USD closed slightly up. Activity of market participants was low because of the weekend in the United States on the occasion of the national holiday (Independence Day). EUR / USD traded in the "outset", although in a narrower range than expected by market participants. Price EUR / USD spent the day carrying around line at 1.1735

 

 

Views: 38 | Added by: mik | Date: 05.07.2019 | Comments (0)

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Events today:

15:30 MSK. USA: Change in the number of people employed in non-agricultural sector.


EUR \ USD Forex EURUSD forecast for today 05/07/2109
 

Today the main event, which is waiting for traders and investors Non-Farm employment report in the US non-farm sector. Leading indicators in the ISM and ADP face signal a data output bit worse than expected median. In June, the US company did not increase production because they feared a trade war America and China. The first market reaction will be positive for the euro - investors will get rid of the dollar. Most likely, the strong growth of the euro traders should not count, there has been a negative trend for the euro currency in the debt market - the yield of the German 10-year bonds for the first time in the history of deposit fell below the ECB rate, which is 0.4%. This factor indicates that the fall in the euro area would be a reduction in interest rates, which is negative for the euro.


EUR / USD recommendation: Buy 1.1270 / 1.1250, and take profit 1.1310

 

 

Views: 37 | Added by: mik | Date: 05.07.2019 | Comments (0)

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