EURUSD After the GAP, the couple started it is possible to see a slight correction to test the internal diagonal and a break pair will nasochki to resistance at 1.2000, which will give us a better position to sell new Short penetration level 1.1960 . The dollar remained supported after speculation of an early rise in interest rates and better economic data from the US. This week, investors expect the minutes of the Fed meeting on Wednesday, and will seek signs of the future policy of the bank. Additional support on the movement of the pair has the expected stimulus from the ECB. MA50 is below the MA 100 and MA 200, which is in favor of sellers. RSI is below the 20 level, indicating oversold.
Varchev Finance
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.