EUR/USD is one of the most talked parities with the latest global developments like Trumpís taking into office in the USA and elections in European countries. This year, particularly the elections of Germany and France remain as one of the most important risk factors in the market. At this stage, 1.0810 and 1.0830 territory may remain in the short term as long as it remains above the support of 1.0680. The intermediate resistance is at 1.0740 and 1.0775. The EUR/USD rose to 1.0774 yesterday following the withdrawal from the US dollar after the US Treasury Secretary's announcement of a strong US dollar bill in the Senate, but the EUR / USD parity retreated further in the coming hours, Parity closed at 1.0731 on the day.
On the other hand, when we look at the technical analysis of EUR/USD parity, it is important to maintain the 1.0720 level in order for the EURUSD to continue its uptrendís, with resistance levels of 1.0765 and 1.0820 on the upside. Supported levels of 1.0650 and 1.0600 can be monitored at the discontinuities. The first forecasts of EUR/USD parity will be a bit uncertain and horizontal, because there are a lot of things to see in these markets.
Support levels: 1.0710 / 1.0685
Resistance levels: 1.0770 / 1.0790
Stay updated with Forex Signals & Forex Tips for gaining profit.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
Global-View Affiliate Program
We are starting an affiliate program to market some of our products.
Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.
Put the word "affiliate" in the email subject line.
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.
We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.