For Traders

Analytical Reviews

Hot forecast

13.06.201808:25 Forex Analysis & Reviews: Burning forecast 06/13/2018

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.

Burning forecast 06/13/2018

EURUSD: Waiting for strong movement.

On Tuesday, new data on inflation in the US came out: According to the CPI, inflation in annual terms rose sharply to + 2.8%

Nevertheless, this is a general inflation - together with fuel prices and food. Without taking into account these components - inflation rose to + 2.2%

Attention to inflation is especially high today - in the evening at 6:00 PM London time the decision of the Fed will come out - everyone is waiting for the rate increase

Recall that tomorrow - the decision of the ECB

We are waiting for the euro to exit the local range and strong movement

Sell euro from 1.1725 stop at 1.1770 target 1.1525

Buy from 1.1840 stop 1.1795 profit 1.2000

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.