Free no deposit Bonus Forex
Saturday, 17.11.2018, 14:04
Welcome Guest | RSS
Main RegistrationLogin
Site menu
Login form
Earn 3-10% per
FreshForex bonus
Cripto Invest

Total online: 1
Guests: 1
Users: 0
Main » 2018 » November » 9 » The euro dollar forex technical forecast EUR / USD rate today 09.11.2018: EURUSD pair came outof the rising channel
The euro dollar forex technical forecast EUR / USD rate today 09.11.2018: EURUSD pair came outof the rising channel


Results of the last trading day EURUSD:

Thursday, 8 November, the euro trades ended lower. The euro declined significantly against the US dollar after the publication of the European Commission's report, which is expected to slow the eurozone economy in 2019. The European Commission has lowered the forecast for eurozone GDP in 2019 from 2% to 1.9%.

After the meeting, the Committee of the US Federal Reserve's Open Market (FOMC) fall in the EURUSD accelerated. As expected FOMC decided to leave the key interest rates in the country in a range of 2.00% - 2.25%. The Committee confirmed its forecast of a gradual increase in interest rates. The wording of that risks remain balanced, he was present in the September statement and preserved today. The next meeting is scheduled for December. It is expected another rate hike this year.





Planned statistics (GMT +3):  

At 10:45 France will publish data on changes in the volume of industrial production in September.

At 12:30 in the UK will come with GDP index for September and the third quarter, data on the volume of investments for the third quarter, as well as the change in the volume of industrial production, output in the manufacturing industry, the balance of visible trade balance and the volume of construction in September .

At 16:30 the US will publish the Producer Price Index for October.

At 16:00 in the UK will change GDP estimate from NIESR October.

At 18:00 the US will present the consumer sentiment index from Reuters / Michigan in November.

At 21:00 Baker Hughes will publish a report on the number of active drilling rigs for oil production.


Fig. 1 hourly chart of EUR / USD


Current Situation EURUSD:

The minimum and maximum forecast EURUSD has been achieved. Jump from the tower EURUSD (1.1447) are not considered. The fall of EURUSD to the trend line is expected on Friday, as traders euro it held yesterday. In addition, the price of EURUSD came out of the rising channel. As a support band made 112-135 gr.

EURUSD Forecast for Friday did not do, because hour period to a contradictory situation. EURUSD price may drop to 1.1313 at once, either through the correctional movement under the trend line. For the euro important news scheduled for today. Cancel the bearish scenario could strengthen the euro before 1375.


EURUSD forecast today Vladislav Antonov Alpari




Views: 17 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Forex Brokers
«  November 2018  »
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 © 2018-2012
    Website builderuCoz