Free no deposit Bonus Forex
Friday, 22.02.2019, 15:02
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 » 5 » The euro dollar technical EURUSD forecast for today 05.02.2019: EUR / USD is a tendency to decrease
The euro dollar technical EURUSD forecast for today 05.02.2019: EUR / USD is a tendency to decrease


Results of the last trading day EURUSD:

On Monday, February 4th, the euro trades ended lower. In the American session, the US dollar rose to all currencies against the background of growth yield on 10-year US bonds. As written in a review of the ruble, investors and traders apparently considered a good employment report in the US, published on Friday. A stronger dollar restrained the index of industrial orders in the US. In November orders fell by 0.6% compared to the expected growth of 0.3%. Since these data for November, and the reaction was to them weak. EURUSD rate fell to 1.1424.





Planned statistics (GMT + 3):  

From 11:50 to 12:30 will be released PMI index in the services sector in January in France, Germany, the eurozone and the UK.

At 13:00 the euro zone is to publish data on changes in retail sales in December.

At 16:30 Canada will declare to change the trade balance for December.

At 17:45 the US will release PMI index for the services sector from Markit for January, and 18:00 - ISM index for the non-production sphere in January.



Current Situation EURUSD:  

Expectations with back quotes the EURUSD to 1.1454 and breakdown support to materialize. 45 degrees was broken, but the purpose of EURUSD at 67 degrees was reached. EURUSD course adjusted upward without volume, so keep the target for the euro sellers at 67 degrees - 1.1408. By lower channel line A-A of the target is at the level of 1.1370. Obstacle now stands Stochastic, which is in the shopping area. But this is not so terrible, because oscillators do not work against the trend. When it adheres strong movement in a zone less than 20% and will stay there until EURUSD not unfold.

LEDs are delayed and do not predict anything. They show the state of the market at the current time. It's like instruments that measure body temperature, pulse, blood pressure, etc. Leading one indicator - tick data supply / demand, which are displayed in a foot print. The volume also has secondary.   


See also:  Forex Forecast and recommendations today 05.02.2019: EUR / USD - the flat, GBP / USD - lateral trade, USD / JPY - reasons to buy


Euro dollar exchange rate forecast for EURUSD today Vladislav Antonov Alpari





Views: 14 | 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