EURUSD: consolidation around the 1.0973 level

July 14, 2015

Sell on a level breakthrough of 1.0973 with 1.0915 target. Stop loss = 1.1030.

Reason for the trading strategy

Reaching an agreement between Greece and its creditors yesterday helped to reduce the yield on 2-year Greek bonds from 33.9% to 25.2% and helped the growth of the European stock markets. However, the euro is declining. As long as the Greek parliament does not approve the new austerity measures, the euro will be under pressure.

Publication source
EXNESS information  EXNESS reviews

January 20, 2017
The dollar has settled moderately lower
Asian stock markets were mixed overnight, after U.S. and European shares closed in the red Thursday. Japan and mainland China bourses managed to move higher (Chinese GDP beat expectations at 6.8%)...
January 20, 2017
A huge disappointment in the UK data
UK retail sales fell most since 2012. We see he fastest pace of decline in almost five years in December. It is due to sales of... pretty much everything from household goods to clothing and food...
January 20, 2017
Trump takes office today. Markets await inauguration speech
Investors await Trump's inauguration and speech due later today as he takes office as the 45th President of the United States. The U.S. dollar was seen giving up some of the gains yesterday with some volatility coming off the EURUSD on the back of the ECB meeting...

Grand Capital Rating
FxPro Rating
Larson&Holz IT Ltd Rating
Vantage FX Rating
FXCM Rating
Z.com Trade Rating

Banc De Binary Rating
GTOptions Rating
TropicalTrade Rating
Migesco Rating
Beeoptions Rating
First Binary Option Service Rating