The euro may gain a foothold above the level of $1.15 in the short term

August 24, 2015

Buy on a level breakthrough of 1.1496 with 1.1650 target. Stop loss = 1.1440.

Reason for the trading strategy

Investors buy the euro as a funding currency, withdrawing money from the shares. The growth of the euro is also associated with the low probability of an increase in the key interest rate in the United States in September. On a resistance level breakthrough of 1.1496, opening long positions in the EUR/USD pair is worth considering.

Publication source
EXNESS information  EXNESS reviews

September 23, 2016
Gold rises to critical level on lower-for-longer policy signals
The price of gold extended its rebound modestly on Thursday after the US Federal Reserve provided some key signals on Wednesday that, despite a considerable probability of one Fed rate hike by the end of this year...
September 22, 2016
Moving on from the Fed
The reaction seen in currency markets yesterday to respective central bank policy decisions was instructive of the change in dynamics that we’re seeing. The BoJ enacted a number of changes to its policy regime...
September 21, 2016
Bank of Japan runs out of road
The Bank of Japan delivered a whole heap of nothing at its policy meeting today, although some adjustments were made to its policy framework. If you take the time to read through these measures, then the impression is of a central bank that has largely lost the monetary plot...

OANDA Rating
Grand Capital Rating
Tickmill Rating
FOREX.com Rating
HotForex Rating
FXCM Rating

365BinaryOption Rating
TropicalTrade Rating
OptionBit Rating
Beeoptions Rating
OptionRally Rating
IQ Option Rating