Latest analysis of the forex market EUR/USD

in #market6 years ago

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Hello steemit users.

on this occasion I will try to analyze the forex market from several sources that I have summarized


Analysis :

  • European stocks strengthen after Brexit without agreement rejected; U.S. Futures provide initial benefits

  • WTI (West Texas Intermediate) breaks the bullish pattern.

  • The S & P 500 hit a four-month high, but still can't close higher.

  • Bonds continue to signal a fall in stocks.

The STOXX Europe 600 rose more than 2% in the mid morning session, posting new highs in the short-term uptrend since December after Brexit without an agreement rejected by the British Parliament late Wednesday, reducing the possibility of irregular separation from the European Union. The latest Brexit vote also helped London's FTSE 100 rebound from a lower opening, recording a fourth straight rise.

In TF 1H the odds are up to 1.1340, if 1.1340 can't be broken, back to 1.1300, 1.1280.

The euro was lower against the US Dollar on Thursday. EUR / USD traded at 1.1307, down 0.15% at the time of writing. The pair is likely to meet support at 1.1185, Friday 'low and resistance at 1.1340, Wednesday's highest. Meanwhile, the Euro rose against the British Pound and Japanese Yen, with EUR / GBP adding 0.56% to hit 0.8537 and EUR / JPY rising 0.30% to 126.25...

Hopefully useful. Thank you very much.

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