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07.07.201707:33 Forex Analysis & Reviews: Video forecast for July 6 EUR / USD GBP / USD

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Today, the movement of the European currency and US dollar will directly depend on the fundamental data.

Important US data:

  • Change in the number of employees from the ADP
  • Number of initial application for unemployment benefits
  • Composite ISM index for non-productive sphere

Indicators for the EUR-USD Pair:

A breakthrough to the level of 1.1350 will lead to euro purchases.

A breakthrough to the level of 1.1325 will lead to the sales of euro.

Indicators for GBP-USD:

A breakthrough to the level of 1.2950 will lead to pound purchases.

A breakthrough to the level of 1.2925 will lead to the sales of pound.

Miroslaw Bawulski
Analytical expert of InstaForex
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