empty
 
 
18.07.2017 09:18 AM
Trend against the dollar was continued

The trend against the dollar was continued.

Morning review.

By Tuesday morning, there were notable events in the foreign exchange market:

EUR / USD rate jerked over the zone of 1.1490 - 1.1500 and reached the level of 1.1537.

AUD / USD rate flew the figure upward and marked above 0.7900 (look at the picture on AUDUSD - it's beautiful, right?).

USD / CHF rate was difficult, but punctured down to 0.9600.

The pound rose again to around 1.3100.

So, the general trend against the dollar has developed.

The market is waiting for a support from the ECB on Thursday. If the head of the ECB Draghi will give an excuse to expect the ECB policy to turn away from ultra-soft, the movement against the dollar will receive a new impetus.

ECB meeting on Thursday.

We are in the purchase of EUR / USD from 1.1460 and 1.1490. The target is still 1.1580.

This image is no longer relevant

Jozef Kovach,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Mihail Makarov
Start trade
Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback