EURUSD slightly weakened

August 24, 2016

EURUSD, slightly weakened, after a positive start of today trading, amid a mixed statistics for the euro area.

Current situation

On H4 chart, there is reversal candle pattern, appeared after pair pulled back to the key level 1.1320 area.

Trading recommendations

Middle term upward trend is still in the game. As the closest resistance level is the area of 1.1461. However, in the current situation of uncertainty we remain out of the market.

Publication source
Fort Financial Services information  Fort Financial Services reviews

December 2, 2016
Equities headed broadly south in Asia overnight
Revealed a solid 53.2 November ISM reading and a 0.5% October construction spending rise that followed big upward Q3 revisions, both of which lifted prospects for GDP. We also saw a 17k Thanksgiving week spike in claims that reversed the remarkably tight 333k Veteran's Day figure...
December 2, 2016
Silver lining for precious metals?
I do apologise in advance for bombarding you with lots of commodity reports, but ahead of Friday’s NFP report, the FX markets tend to create lots of false moves, so it is difficult to make much of todays moves...
December 2, 2016
Payrolls Friday. USDJPY doji, third time's a charm
Its payrolls Friday and the markets are expecting to see a solid print for November following Wednesday's ADP payrolls increase. Yesterday, the ISM and Markit's manufacturing PMI showed a strong increase in the reading...

XTB Rating
HotForex Rating
FOREX.com Rating
XM Rating
HYCM Rating
Grand Capital Rating

TopOption Rating
OptionsXO Rating
TropicalTrade Rating
OptionFair Rating
Porter Finance Rating
24option Rating