Free no deposit Bonus Forex
Monday, 17.06.2019, 00:33
Welcome Guest | RSS
 
Main RegistrationLogin
Site menu
Login form
Earn 3-10% per
FreshForex bonus
Cripto Invest
Statistics

Total online: 1
Guests: 1
Users: 0
...
Main » 2019 » June » 12 » Fundamental analysis and forecast of EUR / USD 12.06.2019 WAITING FOR SPEECHES dredges and inflation data in the US
12:00
Fundamental analysis and forecast of EUR / USD 12.06.2019 WAITING FOR SPEECHES dredges and inflation data in the US

article33414.jpg

The EUR / USD spent the last day in a narrow sideways, amid lack of market important economic news from the US and Europe. A small rise in volatility was observed only after the appearance of Donald Trump's tweets in which he once again criticized the Fed's policy. He lamented the fact that the euro and other currencies depreciated strongly against the US dollar due to the high rates of the Fed.


Meanwhile, Europe continues to follow the official opposition in Rome and Brussels. According to media reports most of the governments of EU member states support the use of disciplinary action against Italy for violation of budget legislation.

 

welcome bonus forex

 

 

 

Today a relative lull in the market is maintained. In the European session trading, investors expect performances ECB Mario Draghi and other senior officials of the bank.


In the US, all the attention will be focused on data on consumer prices, which have a great influence on the decisions taken by the FOMC, when discussing possible changes in monetary policy. Now the probability of a rate cut at the meeting of June 19 is estimated at 15%, while at the July meeting of the FOMC this outcome is estimated at 76.2%. The data published today can change this ratio.

 

On the chart of the currency pair EUR / USD is testing again on the strength of the mark 1.1335. While this level will not be passed priority scenario with a reduction in price will be in the direction of the level of 1.1260. And only after fixing the EUR / USD above 1.1335 can be considered short-term buying EUR / USD, in the hope of growth to 1.1430.      

 

resistance levels EUR / USD: 1.1335, 1.1350, 1.1430.

Levels of support for EUR / USD: 1.1310, 1.1260, 1.1220.

The main scenario - reduction of EUR / USD towards 1.1260

Alternative Scenario - consolidation above 1.1335 and rising EUR / USD towards 1.1430.


In the market while keeping a neutral news background. On the chart the price of EUR / USD reached a strong resistance level 1.1335, which you can consider selling the EUR / USD.

 

Fundamental Forecast EUR / USD today  FORTFS

 

 

Views: 8 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Search
Forex Brokers
WELCOME 35USD
Calendar
«  June 2019  »
SuMoTuWeThFrSa
      1
2345678
9101112131415
16171819202122
23242526272829
30
Entries archive
Our poll
Rate my site
Total of answers: 40
Site friends
  • Create a free website
  • Online Desktop
  • Free Online Games
  • Video Tutorials
  • All HTML Tags
  • Browser Kits
  • Rating
    Copyright Bonus-FX.com © 2019-2012
    Website builderuCoz