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Thursday, June 23, 2016

EUR/USD will move with medium to high volatility during the Brexit Vote today.. Read more ..

Daily  Report EUR/USD by instaforex

When the European market opens, some economic news will be released such as the Belgian NBB Business Climate, Long Term Refinancing Option, Flash Services PMI, Flash Manufacturing PMI, German Flash Services PMI, German Flash Manufacturing PMI, French Flash Services PMI, and French Flash Manufacturing PMI. 

Monday, June 6, 2016

Daily Report in FOREX ..

Daily  Report in FOREX  by  instaforex

EUR/USD: This pair shot upwards on Friday, overturning the bearish outlook on the market. Since the price has moved upwards by 220 pips, a bullish signal has been formed. However, EUR needs to continue to be stronger than USD for this pair to continue moving upwards; otherwise things could reverse in favor of bears. After all, the outlook on EUR is bearish for the month of June.