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27.06.201910:03 Forex Analysis & Reviews: Burning forecast 06.27.2019 EURUSD and trading recommendation

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Reports on the US economy show signs of slowing growth again. Thus, orders for durable goods decreased by 1.3%. Although it increased, however, very weakly by + 0.3% without transport.

On Wednesday, Trump criticized the Fed again - saying that the head of the ECB is much better at helping its economy than the head of the Fed.

This also works for the prospect of a Fed rate cut.

The market is waiting for the G20 summit in Japan, at which the Trump-China trade negotiations will be held. Trump reiterated that in the event of a non-achievement of the transaction, he will introduce new duties for 300 billion dollars of goods from China.

EURUSD: The growth trend continues despite a long stop.

We keep purchases from 1.1250.

According to technical analysis, purchases are possible from 1.1350 and from deeper rollbacks.

Possible purchases from 1.1415 in case of a breakthrough.

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