Results of the last trading day EUR / USD:
On Wednesday, June 12, the euro / dollar closed lower. We believe that all dragged down the British pound. He fell to 1.1283 to vote against the proposals of the opposition block Brexit without agreement.
rising dollar restrains trade war between the US and China, as well as expectations the US Federal Reserve lowering interest rates market participants. It remains an open question whether the head will arrive in China at the G20 summit or not. President Donald Trump shows tough stance toward China - is threatening to raise taxes in the amount of $ 325 billion, if it does not meet with Xi Jinping.
Planned statistics (GMT + 3):
At 14:00 OPEC will publish a monthly report on the oil.
At 15:30 Canada will release the price index for new homes in April. US was to publish an index of import prices for May and will report on the change in the number of initial applications for unemployment benefits.
The current situation is EUR / USD:
Session low EUR / USD is fixed at the level of 1.1288. At the time of writing EUR / USD is trading at 1.1298. At the 1.1284 bottom line intersect the lateral channel and trendline. At 1.1291 is 45 degrees. Support powerful, so the forecast forward recovery rate EUR / USD to 1.1333 / 35. The growth of EUR / USD above 1.1340 is also not considered as uncertainty remains with regard to the negotiations between the US and China. Trump expects the agreement.
If you pick up quickly to 45 degrees, then we should expect shearing protective stops above 1.1348. Since a tagged horizontal range, the growth will be restrained after the break. Sessional trend of EUR / USD is expected at the American session. Prior Stochastic States should go to the shopping area.
Forex Forecast EUR / USD today Alpari