Free no deposit Bonus Forex
Wednesday, 20.03.2019, 08:02
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 » 2019 » February » 28 » The euro dollar forex trading forecast for EURUSD Technical today 02/28/2019: EUR / USD pair on a trend line
The euro dollar forex trading forecast for EURUSD Technical today 02/28/2019: EUR / USD pair on a trend line


Results of the last trading day EURUSD:

On Wednesday, February 27, trading on the forex ended lower euro prices. Buyers EURUSD failed to pass the wall of the sellers at 1.1403. The euro fell against the US dollar to 1.1362. Trend line and carrying made supports. The fall of EURUSD pair was due to a sharp increase in the yield on 10-year US bonds with 2.631% to 2.6987%. In two hours, blocked the growth of 43-hour drop.





Planned statistics (GMT + 3):  

At 11:00 in Switzerland will the index of leading economic indicators from the KOF February.

At 16:00 Germany will release the consumer price index for February.

At 16:30 Canada will report the change for the IV quarter balance of payments and will release the producer price index for January. Also at this time, the US announced a change in the volume of GDP for the IV quarter and the number of initial applications for unemployment benefits.

16:50 In a speech made by members of FOMC Raphael Bostic.

At 17:45 the US will present the purchasing managers' index Chicago in February.

At 19:00 a speech made by members of FOMC Patrick Harker.

At 21:00 a speech made by members of FOMC Robert Kaplan. 



Current Situation EURUSD:

In the area of ​​the 67th c. Buyers have met with resistance. Height US10Y yields changed sentiment towards the US dollar market. Against the background of the partial closure of long positions heading back to the trend line.

I draw your attention to the fact that the support of 1.1370 could not resist. On it you can not watch!

Another very important point. Seen a double top at 1.1403? It was activated in the breakdown of minimum 1.1373, which lies between the two peaks. I for myself do not consider it as such, as the price again rose above 1.1373. 

Dollar in Asia demonstrates mixed dynamics. In the black traded franc and the yen. For buyers it is a bad sign, t. To. Capital flows into defensive assets. Today, to be held a press conference after the meeting of US President Donald Trump and the head of North Korea's Kim Jong-un. Maybe it is connected and care in the yen.   


Pay attention to the support line, which is below the trend. If "will blow" to 1.1370, there is a high probability that EURUSD ricocheted from 1.1365. A rebound above 1.1382 to Long connect new customers EUR / USD. If you did an analysis on the daily TF, then we saw resistance at 1.1430 as the trend line drawn on the tops of 1.1569 and 1.1514. I would like to see a downward correction from it.


Read as forex recommendations for today 28/02/2019


EURUSD rate forecast for today Vladislav Antonov Alpari




Views: 22 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Forex Brokers
«  February 2019  »
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 © 2019-2012
    Website builderuCoz