Results of the last trading day EUR / USD:
On Thursday, June 13 trades in the EUR / USD pair closed lower. The euro fell after breaking support 1.1285 (trend line and the lower boundary of the channel, 45 degrees - 1.1291). The pressure on the European currency increased after the IMF claims that the euro zone economy forecasts are uncertain.
The market is influenced by several factors: the probability of the Fed lowering rates, a trade war between the US and China, uncertainty Brekzitom, as well as sanctions against Iran and Venezuela.
Planned statistics (GMT + 3):
At 11:00 released the monthly report of the IEA.
At 15:30 the US will publish data on changes in retail sales for May.
At 15:55 will make a speech the head of the Bank of England Governor Mark Carney.
At 16:15 in the US will report on industrial output for May.
At 17:00 the US will release the index of consumer sentiment from the University of Michigan for June and announce the change of volume of stocks in commercial warehouses for April.
At 20:00 Baker Hughes to publish data on the number of active drilling rigs for oil production.
The current situation is EUR / USD:
Most major currencies are traded in Asia in negative territory. At the moment, for EUR / USD on the hourly period of a controversial technical picture. On the chart made one scenario with minimum update and bounce to the carrying line at 1.1290 / 95. There is another version with tapered triangular formation with the end of the descending wave at 1.1251. We chose the first, since Stochastic is in the shopping area, and after the "bullish" divergence a good opportunity EUR / USD back price in the area of 1.13.
Forecast EUR / USD today Alpari