Important macroeconomic events for today (GMT + 3):
Annual GDP data (Q2) (USA) - 15:30.
Speech Janet Yellen (USA) - 23:00.
Assets | rationale | Strategy | Recommendation on the deal for 1 day |
EURUSD | The EUR / USD continues to downtrend.Throughout the day, the pair will trade in a narrow descending passage. Downward movement is primarily due to the rise in oil prices, which began yesterday. At the moment, the aim of the downward movement is the first support level 1.1101, after the breakout of this level can be followed by a further decline to the level of 1.1040. | Higher lower | Below |
touching | Below |
Range | Buy |
spread | Below |
Assets | rationale | Strategy | Recommendation on the deal for 1 day |
GBPUSD | In the course of trading on Wednesday, the pair settled in the range of 1.29788 - 1.30314 and finished the day at around 1.30148. Such movement of the currency pair triggered by the Bank of England statement on the possibility of additional stimulation of the economy. Also, the value of the performance was Janet Yellen, the results of which the pair closed at 1.30148.Today, the pair GBP / USD opened lower and the middle of the day is in the price range of 1.29835 - 1.30578. The pair is under pressure on US statistics, as well as the next speech of the Fed. Prediction - fall. | Higher lower | Below |
touching | Below |
Range | Buy |
spread | Below |
According to the materials of Alpari