There is a lull in the markets. The news on the German economy gives hints of a possible slowdown in growth – however, these arguments are based on a sharp drop in investors’ optimism – but it should be noted that the surveys were conducted at the time of the US trade relations with China.
In general, the world economy is growing. Crises have receded (temporarily). No important news.
EURUSD: We continue to expect an exit of the old range and strong movement.
Buying euro from 1.2415, stop at 1.2370, profit 1.2680.
Alternative: Sell from 1.2295, stop at 1.2340, profit at 1.2000.
The material has been provided by InstaForex Company – www.instaforex.com
Burning forecast 04/18/2018
EURUSD: Waiting for the beginning of the trend.
There is a lull in the markets. The news on the German economy gives hints of a possible slowdown in growth – however, these arguments are based on a sharp drop in investors’ optimism – but it should be noted that the surveys were conducted at the time of the US trade relations with China.
In general, the world economy is growing. Crises have receded (temporarily). No important news.
EURUSD: We continue to expect an exit of the old range and strong movement.
Buying euro from 1.2415, stop at 1.2370, profit 1.2680.
Alternative: Sell from 1.2295, stop at 1.2340, profit at 1.2000.
The material has been provided by InstaForex Company – www.instaforex.com
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