Trading signals

EUR/USD

EURUSD

Traders ignored Fed minutes as they failed to deliver any fresh clue regarding the next FOMC move. ECB minutes will be eyed today.

 

The main scenario is a steady move to 1.1100.

An alternative scenario is a return to the 1.1050 area. 

 

Trading recommendations

 

A move through 1.1080 will open doors towards 1.1100.

A break below 1.1070 can lead to a move down to the 1.1050 price.

 

New articles