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    Page 160 of 160 ... 155 158 159 160
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    Thread: EUR/USD (part 80)

    1. #1591
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      garra4fx will become famous soon enough garra4fx will become famous soon enough garra4fx's Avatar
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      EURUSD is trading slightly positive in an attempt to resume the expected bullish trend for today, to maintain our bullish outlook supported by SMA 50, noting that we are waiting for a test of 1.1180, whose breach is the key to the impulse towards 1.1280, whilst the expected rally will remain intact. Above 1.1040.
      Expected trading range for today is between 1.1040 support and 1.1220 resistance
      Expected trend for today: Bullish


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      On Friday, the euro stays close to the highs reached, the dollar tends to decline in the FOREX market amid weakening geopolitical risks and increasing expectations of a key rate cut at the next meeting of the US Federal Reserve. Statistical data from the United States was published on the eve: initial applications for unemployment benefits turned out to be more than forecast, industrial production declined. Not really sure about where euro will go next week.


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