EUR/USD Technical Analysis

The pair is headed down.

Technical Analysis
Jul 19, 2018
EUR/USD Technical Analysis

Today we expect the release of the manufacturing activity index from the Federal Reserve Bank. It is expected that it will be at the level of 21.6, rising from the level of 19.9. At the time of release we can expect an acceleration in the markets.

Our pair was reflected from the level of 1.1710 and headed down to the level of 1.1550.

The dollar index again peaked and exceeded the 95.00 mark, and it doesn't seem to be nearing a stop. Against this background, a number of commodity futures markedly subsided.

Furthermore, investors against the background of trade wars between the US and China preferred the dollar as a "quiet harbor" and began investing in it. The Fed's hawkish policy encourages such behavior and everyone expects that the interest rate will be raised two more times this year.

Therefore, we recommend considering the opportunity to enter short positions. We expect that the pair will soon update its annual lows.

SuperForex
USD/SEK: Short Review and Forecast

Technical Analysis

USD/SEK: Short Review and Forecast

The USD has good perspectives for further growth. The deals to BUY seem the most effective in the medium term.

SuperForex
Jul 18, 2018
GBP/USD Technical Analysis

Technical Analysis

GBP/USD Technical Analysis

The pair is about to turn.

SuperForex
Jul 17, 2018
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

The pair is in a tough spot today, but we might be able to open buy positions.

SuperForex
Jul 16, 2018