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FX.co ★ Evening review of EURUSD 11/25/2019

Evening review of EURUSD 11/25/2019

Evening review of EURUSD 11/25/2019

Market sentiment on EURUSD is fully turned in the direction of the dollar.

Unlike last week, there was no attempt to turn the euro up on Monday.

Most likely, this is due to the loss of hope for a change in ECB policy with the arrival of the new head, Christine Lagarde. Her speech showed that she, like Draghi, is fully focused on combating the slowdown of the economy - it is not necessary to wait for a strengthening of rates.

No important news.

A huge package of news on the US economy is expected on Wednesday November 27 - GDP report, durable goods orders, and inflation. Plus a detailed report on the state of the economy from the Fed by region "Beige Book".

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Perhaps this will cause an increase in volatility in the market.

We are ready to buy euro from 1.1100.

We are ready to sell euro from 1.0985.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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