Results of the last trading day EUR / USD:
On Wednesday, June 26, trading in the EUR / USD pair closed slightly up. The couple spent the day in a sideways trend with an average price of 1.1365. On the one hand, the US dollar was comfortable as decreased risk reduction Fed interest rates in July. On the other hand, the dollar came under pressure after the release of weak data on orders for durable goods in May. EUR / USD is updated session lows, with which recovered to 1.1391. In Asia, traders played all the losses and the EUR / USD is preparing to update the yesterday's low.
Planned statistics (GMT + 3):
At 15:00 Germany will release the consumer price index for June.
At 15:30 the US will present data on changes in GDP in the first quarter and will release the price index of GDP for the first quarter. Also at this time it will report on initial applications for unemployment benefits.
At 17:00 the US will be informed about the change in the volume of pending home sales for May.
The current situation is EUR / USD:
Expectations EUR / USD pair is fully justified. EUR / USD rate returned to the 1.1346 support. According to the forecast EUR / USD waiting for her breakthrough, and a drop to 67 degrees. As the EUR / USD pair rose to 1.1391, then we do not consider the fall of the euro dollar quotations below 1.1331. If you look at the purpose of the downlink, it is at 1.1311.
All investors' attention is still focused on the upcoming Saturday meeting of the presidents of the United States and China. Results of the meeting can be crucial for the further development of the situation on the currency market.
EUR / USD Forecast for today Alpari