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EURUSD Technical analysis 28.07.17

EURUSD

The pair is above the support level of 1.1665. The market is expecting the release of preliminary data on the United States GDP for the second quarter. If the data at least lives up to the prediction of 2.6%, it may result in a local support for the USD. …

EURUSD Technical analysis 27.07.17

EURUSD

The pair is trading above 1.1725 level as the results of the Fed’s meeting trigger another period of weakness for the USD. The bank’s press release shows the regulator’s remaining concern about the low inflation, which jeopardizes the next, already a third one this year, raise of the interest …

EURUSD Technical analysis 26.07.17

EURUSD

The pair is trading above 1.1620 level as the results of the Fed’s monetary policy meeting are expected to be positive for the US dollar. If the Federal Reserve signals that the balance reduction is to start as early as September, it may lead to the beginning of closure …

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