logo

FX.co ★ Burning forecast 05/10/2018

Burning forecast 05/10/2018

Burning forecast 05/10/2018

EURUSD: Buy at break of a range.

On Wednesday, the market was worried about the US withdrawal from the nuclear deal with Iran. In general, everything is still calm - except for oil growth up to $ 77 per barrel. Trump's decision put him in isolation with America's allies - Britain, Germany, France - on the issue of Iran. These countries stated that they will continue to observe the agreement with Iran.

Today the important news: At 12:30 PM London time - the report on inflation in the United States will be published. In the case of low inflation, this could push the euro into growth against the dollar.

Buy the euro at the break of 1.1900, the stop is at 1.1855, the profit is at 1.2000.

Burning forecast 05/10/2018

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Go to this author's articles Open trading account