EURUSD: consolidation before the publication of data on American consumers' personal income and spending

March 30, 2015

Sell on a level breakthrough of 1.0853 with 1.0800 target. Stop loss = 1.0900.

Reason for the trading strategy
The US GDP in Q2 of 2014 increased by 2.2% (q/q), with a forecast of 2.4% (q/q). The data is moderately negative for the US dollar. Today, the global reserve currency may be supported by the statistics on American consumers' personal income and spending.

EURUSD, H1

Publication source
EXNESS information  EXNESS reviews

January 19, 2017
Is equilibrium out of reach?
Let’s check what’s going on with Oil before turning our attention to the Russian Ruble. “Black gold” is forming a reversal pattern next to the key level of 52.10. The only matter is that this pattern is above the horizontal level, but the 52.10 level can potentially become the neckline of our pattern...
January 18, 2017
Trump Inauguration Market Outlook
Friday, January 20, 2017 will mark the historic inauguration of what promises to be a highly unconventional US presidential administration...
January 17, 2017
Oil spikes higher on Saudi Oil minister comments
Oil has spiked higher on Al Falih comments in Davos (Saudi oil minister). He said during a panel discussion at WEF in Davos that there will be inflation in the cost of doing business in the oil industry, following the squeeze that accompanied the decline in crude prices...

Grand Capital Rating
FXCM Rating
FBS Rating
XM Rating
 FXTM Rating
FIBO Group Rating

24option Rating
TopOption Rating
365BinaryOption Rating
IQ Option Rating
OptionBit Rating
OptionFair Rating