NewForex - Analytics

    NewForex

    197.75 8.75/10
    25% of positive reviews
    Real

    Forex News from New Forex: Technical analysis of EUR/USD

    On Monday morning, July 4, the price of EUR/USD is going up. Today is the US Independence Day, that’s why all day the market volatility will be very low.

    On Monday the pair trades within the support at 1.1000 and resistance at 1.1145. The oscillator Stochastic and the MACD don’t send right signals to enter the market. Low market volatility might lead to sharp fluctuations, so trades with this currency pair seem highly risky today.

    NewForex Analyst

    Luigi Campo



    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree