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EURUSD Forecast analyst recommendations today 18/12/2019


The EUR / USD is consolidating above $ 1.1130 in the wake of expectations of today's speech by Christine Lagarde and publication of the data consumer price inflation in the euro zone. If the head of the ECB will once again talk about the problems in the euro area and stimulating measures and data on inflation will be weaker than expected, it may put pressure on the pair EUR / USD. 



The price of EUR / USD is below the middle Bollinger indicator border lines below SMA 14. SMA 5 and removals overlap and give a signal to sell. Relative Strength Index RSI is at 50% and is moving horizontally. Stoch is also reduced.


EURUSD traders recommendations today: 

Sell pair EURUSD 1.1130 level after its intersection with the probable aim of the local 1.1050



Analytics Grand Capital


Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.



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