EUR/USD is testing the 1.1780 level

 

EUR/USD Trading Quote

Today the EUR/USD shared currency pair is trading in the close vicinity of the 1.1780 level and it is showing some very solid signs of moving upwards towards the 1.1800 level.

EUR/USD weak on the Spanish social problems

EUR/USD analysts have recently noticed that there is a lot of steam building up around the trading cross and it is going to take a while until it reaches the 1.1800 zone and at the bottom of this weakness stands the ongoing tensions rising in Spain regarding the Catalonia independence.

At the same time the European Central Bank is keeping a close eye on the effects of the exchange rate in the inflation segment and so far everyone is pointing out to the necessity of capital stimulus to avoid some major movements.

EUR/USD traders now believe that the release of the EMU data is going to land above most estimated levels and some positive vibes are going to come from the home sales data for the previous month.

Choose BuyForexSignals as your Forex signal provider today and you will receive a FREE Membership only by opening a brand new fresh account with AVA TRADE. Make a deposit of $300 dollars and you will receive the best Forex trading signals FREE for 2 months, make a deposit of $600 dollars and receive FREE for 6 months of trading signals or make a deposit of $3000 dollars and your LIFETIME Membership is guaranteed for free. Blind trading ends today with our exquisite services. Sign up now!

Feel free to ask for any information atinfo@buyforexsignals.com

High = 1.1810

Low = 1.1770

 

Trading goes great with AvaTrade and BuyForexSignals.com

S3 = 1.1719 S2= 1.1737 S1 = 1.1781

R1 = 1.1904 R2 = 1.1921 R3 = 1.1962

EUR/USD important trading levels

For the time being the EUR/USD shared currency pair is going upwards by a positive value of +0.41% and it is trading in the close vicinity of the 1.1801 level followed close up by the 1.1730 level then by the 1.1686 point and lastly ending with the solid 1.1662 level.

On the other side of the coin by jumping over the 1.1858 level this will clear the trading path towards the 1.1882 level at first followed close up by the 1.1914 point.

 

This entry was posted in BuyForexSignals, Forex Technical Analysis. Bookmark the permalink.

Comments are closed.