Results of the last trading day EURUSD:
On Wednesday, September 19 on the euro resulted in a slight increase in trading. The euro traded without explicit dynamics. Drivers for the movement were news Brekzitu, trade war between the US and China, as well as the delay in the conclusion of NAFTA treaty agreement. Price spent the day in the range 1,1662-1,1715 Tuesday.
Planned statistics (GMT + 3):
At 10:30 in Switzerland SNB will announce the interest rate decision.
At 11:30 Britain will publish data on changes in retail trade volumes in August.
At 15:30 the US will be informed about the change in the number of initial applications for unemployment benefits and will release its manufacturing index for September Philadelphia Fed.
At 17:00 the Eurozone will publish the indicator of consumer confidence for September. The United States announced a change of home sales in the secondary market and will present the index of leading indicators for August.
Fig. 1 hourly chart of EUR / USD
Current Situation EURUSD:
The euro / dollar moves "with deviations", but tries to adhere to the weekly forecast. Until Friday I was expecting moderate growth in EURUSD to 1.1722 level. The goal was reached on Tuesday.
The New Zealand dollar jumped after data showed that New Zealand's economy grew during the II quarter at the fastest pace in two years.
According to the weekly forecast EURUSD at the price I had to be at the level of 1.1722. At the time of writing, the euro is worth 1.1683 review. I believe that before the fall of EURUSD would be nice to get up to the level of 1.1704, to stand at shortstop. The wave structure is formed by formation 1.1722 (14 September) indicates a weakening of the euro. Hurry to sell the euro on the level of 1.1704 is not necessary, you may have to come from 1.1720.
From news worth to pay attention to data on retail sales in August in the UK.
EURUSD forecast today Vladislav Antonov Alpari