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Trading Performance 2017-2018

EUR/USD

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EUR/USD News & Analysis

Forex signals

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Forex Trading Strategies News & Analysis
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GBP/USD

USD/JPY

AUD/USD

USD/CAD

Latest Articles

The Eurozone economy regained some momentum in June, but the details of the survey are not fully reassuring. After four consecutive declines, the composite PMI rebounded, climbing to 54.8 from 54.1. At this level, the indicator is consistent with GDP growth of 0.5% qoq in the second quarter of 2018.

The pound rebounded against the dollar and the euro on Thursday after the Bank of England kept interest rates on hold but a vote for a hike by its chief economist heightened expectations that it could tighten policy at its next meeting in August.

The EUR/USD recovered from its weakest level since July 2017. We have cancelled our EUR/USD sell order.

This is how we trade now:

EUR/USD

Trading strategy: Await signal

Open: -

Target: -

Stop-loss: -

Recommended size: -

Short analysis: EUR/USD dives to set a new marginal year low, but EUR/USD bears are unlikely to register a daily close below the previous 2018 1.1510 low posted on May 29 to weaken the structure further. We have cancelled our sell order for now.

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