Results of the last trading day EURUSD:
On Tuesday, January 22, the euro / dollar closed a slight decline. In the American session the buyers were able to play all the daily losses and update the intraday session high. The euro rose from 1.1336 to 1.1374. Closing took place at the level of 1.1352.
The US currency has lost all the points against their rivals in the background of disappointing data on the US housing market: home sales in the US fell to its lowest level in three years in December, while the growth in property prices has slowed.
Planned statistics (GMT + 3):
At 12:30 a speech made by members of the Board of the Bank of England Ben Broadbent.
At 14:00 UK will release the balance of industrial orders according to the Confederation of British Industry in January.
At 16:30 Canada will report the change of volume of retail sales for November.
At 17:00 the US will publish house price index for November at 18:00 - manufacturing index Richmond Fed in January.
At 18:00, the euro zone will release consumer confidence indicator in January.
Current Situation EURUSD:
According to yesterday's forecast EURUSD goal has been achieved, but I believe that it did not work because of the price fall to the level of 1.1336 EURUSD.
Yesterday's motion has a V-shape. This is a reversal formation, so after dropping seven of minima and the breakdown of the trend line starting to consider corrective gains to 1.1384. Correction EURUSD may increase against the background of traders closing short positions ahead of the ECB meeting. The second target level of EURUSD make the level of 1.1425. Before restoring EURUSD likely to test 1.1358. Closing hour "candles" below 1.1350 will cancel the scenario for growth. In this case, we have to wait for the results of the ECB meeting and press conference, Mario Draghi.
EURUSD forecast today Vladislav Antonov Alpari