Trading Conditions
Products
Tools
Trading recommendations for EUR / USD on September 14
Analysis of transactions
Good data on US inflation rose dollar demand in the market, which resulted in fairly big sell-offs in the EUR / USD pair. It also prompt long positions to not bring significant profit, since the upward movement from 1.1841 was no more than 30 points.
Today, only a minor report on the volume of industrial production in the eurozone will be released, and it will not have a significant impact on the market. The balance that GBP / USD now has may also be maintained, so bulls should count on another attempt to rise above the resistance level of 1.1859.
Trading recommendations for GBP / USD on September 14
Analysis of transactions
Good data on UK GDP prevented another huge sell-off in the GBP / USD pair. However, on Friday, every after the test of 1.2807, the pair still went down 25-30 points.
No important statistics is scheduled for release today, so attention will be set on updates on trade relations between the EU and the UK. But since the risk of a complete rupture only increases every day, it is best to bet on the fall of the pound.
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.