Results of the last trading day EURUSD:
Buyers gfhs EURUSD losses played for three days, they suffered after the ECB meeting on Thursday, March 7th. In the Tuesday, March 12, the EURUSD rate rose to 1.1305 against the background of a rally-cross the euro / pound and the general weakness of the dollar after the release of US inflation data came in below expectations.
In the United Kingdom held the second vote on the release of the country out of the EU treaty. The Treaty was not adopted, I voted against the 391 member House of Representatives, with the - 242. The Pound rose by 80 points, but just totally corrected. Before the vote, the price to fly through the 3 pieces, so customers no strength left for the resumption of the rally
Planned statistics (GMT + 3):
At 11:30 a speech by the representative of the European Central Bank Yves Mersch.
At 13:00 the Eurozone will report on industrial output for January.
At 15:30 the US will present the producer price index for February and will report on changes in orders for durable goods in January.
At 17:30 US Department of Energy will publish data on changes in stocks of oil in the country.
At 20:00 he will make a speech ECB member Benoit Ker.
Current Situation EURUSD:
Sellers EURUSD pair is not able to push the price of the price channel, as due to the collapse of the pound buyers we have received support through the cross pair euro / pound. Then the price gave a bullish acceleration of US statistics. The dollar lost ground throughout the market. The euro rose to 1.1305.
Upward movement EURUSD extends in a channel in the range of 50 points. The correction started from the top of the channel, and 112 degrees. In Asia, the dollar and the euro crosses are mixed. In this regard, the pair EURUSD possible new test 1.1305 level.
LB and the trend line passing through 1.1264. If the cross EUR / GBP will strengthen its downward correction, the euro will fall in price to the dollar without recovering to 1.1302.
Today should pass vote on Brekzita without a contract. If you vote against it, then on Thursday will vote on the transfer date of withdrawal from the EU on March 29 at a different date. High volatility will remain on the market.
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EURUSD forecast today Vladislav Antonov Alpari