Free no deposit Bonus Forex
Saturday, 20.10.2018, 14:19
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 » 2018 » August » 13 » The euro dollar technical outlook EUR / USD today 08/13/2018: The weakening of the lira puts pressure on the euro
08:18
The euro dollar technical outlook EUR / USD today 08/13/2018: The weakening of the lira puts pressure on the euro

article30956.jpg

Results of the last trading day EURUSD:
 


On Friday, August 10, trading in the dollar index finished in a good plus. Dollar rally the Turkish lira was transferred to other currencies. The rapid depreciation of the lira on Friday had a negative impact on the euro. The euro / dollar, in turn, fell to 1.1388 jotmetki.  


According to the Financial Times, the ECB expressed concern about the possible effect of the Turkish crisis on the financial condition of some banks in France, Italy and Spain. On Friday, shares fell the European banking sector.

 

 

 

 

 

Fig. 1 Dynamics of dollars per week

 

According to the results of last week, all the major currencies showed a decline against the US dollar. The largest decline recorded in the New Zealand dollar 2.45%. The British pound fell 1.78%, Australian dollar 1.35% 1.34% Euro, Canadian Dollar (-1.11%) and CHF (-0.06%). The Japanese yen has risen 0.37%.

 

Fig. 2 Dynamics of dollars for Friday

 

The largest drop in the US dollar showed the Aussie and the euro. With the weakening of the lira, market participants do more than anything is not paying attention.

 

Planned statistics (GMT +3):

calendar empty

The monthly report of OPEC

 

Fig. 1 hourly chart of EUR / USD

 

The current situation is EUR / USD:


The euro fell on Friday to 1.1388 against the background of the devaluation of the Turkish lira and the flight from risky assets. For three days she fell against the dollar by 30%, including today's trading.


As the price of the Euro is influenced by geopolitical factors and pinning zone (below the MA line D3, the first blue line), then the EURUSD forecast do not. Price EUR is long in this area, so at any moment can start a rollback, and reverse to the carrying line (55 sma). The current bar line through 1.1505. Price EURUSD, probably it will meet tomorrow at the auctions in Asia in the area of ​​1.14.


Sellers EURUSD broke through the weekly trend line at 1.1560. This indicates that the euro could return to 1.12. Worst-case scenario for buyers - the weakening of the euro to 1.0867 in November.


The economic calendar is empty today. All market participants' attention will be focused on the news from Turkey, as well as the dynamics of the European stock markets. In Asia, the euro fell to 1.1368. If trading in Europe opened quietly, it is likely to correct up to 1.1421.

 

Euro dollar forecast EUR / USD today Vladislav Antonov Alpari

 

 

 

 

Views: 29 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Search
Forex Brokers
WELCOME 35USD
Calendar
«  August 2018  »
SuMoTuWeThFrSa
   1234
567891011
12131415161718
19202122232425
262728293031
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 © 2018-2012
    Website builderuCoz