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Main » 2016 » July » 15 » Forex. Forecast 15.07.2016: EUR / USD
Forex. Forecast 15.07.2016: EUR / USD



The euro rose against the US dollar, due to the growing interest of investors in risky assets, and a decrease of unrest against the negative effects on the economy Brekzita. Meanwhile, the greenback was supported by strong data on unemployment and producer price index.




Current situation

The euro / dollar strengthened on Thursday and could add about 0.24%. By the end of trading the price tested the 1.1130 resistance and the maximum recorded yesterday's trading near 1.1164, but was lower than the closing of the trading day.Resistance is at 1.1130, support - at 1.1050.

MACD is in the positive zone, histogram indicator increased, which indicates the strengthening of customer positions. RSI is in the neutral zone and does not beep.

On the 4-hour chart, the price has broken through the 200-EMA, from which then strayed down. 200-EMA acts as a resistance for the EUR / USD.


Forecast EUR / USD today

Bidding on the euro / dollar will probably continue in a sideways trend between levels 1.1130 and 1.1050.




Based on materials from Fort Financial Services


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