For Traders

Analytical Reviews

Hot forecast

15.07.201907:45 Forex Analysis & Reviews: Burning forecast 07/15/2019 EURUSD and trading recommendation

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.

US inflation data was released at the end of last week, which showed growth above the forecast, as we tried to play for the dollar's growth. A strong report on employment in June that previously came out was also in favor of the dollar. However, the Fed's willingness to lower the rate outweighs - the dollar is not significantly strengthened.

EURUSD: euro holds growth.

We assume that the euro will face a new wave of growth.

From the point of view of technical analysis, you can buy from 1.1285 and further to break 1.1325

The alternative is when you turn down selling from 1.1180.

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.