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08.08.201908:46 Forex Analysis & Reviews: Review for EUR/USD. The dollar continues to decline, while the euro holds growth.

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.

Exchange Rates 08.08.2019 analysis

The market calms down after the fall of US indices. The situation still looks like a deep correction, and not as the beginning of a big crisis.

The main theme continues to be the Trump-US trade war.

There is no strong news.

The dollar continues to decline.

The euro holds growth.

We keep purchases from 1.1165.

We buy on the breakdown of 1.1250.

Jozef Kovach
Analytical expert of InstaForex
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