FX:EURUSD   Euro Fx/U.S. Dollar
44 0 1
Current trend

The single European currency is trading slightly up against the US Dollar             . At present, the pair remains within the range of 1.0910-1.0930. Analysts suggest the USD will continue strengthening as the Fed has started tightening US monetary policy . ECB, in its turn, tends to expand monetary stimulus to boost the EU economy.
GDP data for the third quarter is due today in the US. If the indicator comes in above the forecast of 1.9%, EUR short positions should be placed.

Support and resistance

The support level is 1.0807.
The nearest resistance level is 1.1009.

Trading tips

Short positions can be opened from the level of 1.1009 with the target at 1.0815 and stop-loss at 1.1065.
More analytic from LiteForex https://www.liteforex.com/trading/forex-analysis/?uid=880952068&cid=12118
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out