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Trading Recommendations and Deal Analysis for EUR/USD on June 1. The Market Ignored Inflation in Germany
Analysis of EUR/USD 5MThe EUR/USD currency
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Analysis of EUR/USD 5MThe EUR/USD currency pair rose a bit on Friday, but nothing fundamentally changed for it. The euro remains below the Senkou Span B line, and there is still no trendline in place. Thus, the downward trend continues, despite a two-week flat and an increase in quotes on Friday. On this day, two reports, more or less important, were published in Germany, showing quite notable values. The unemployment rate decreased from 6.4% to 6.3%, while inflation fell from
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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