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EUR/USD Signal - EU Gross Domestic Product - 05 Dec 2019

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Signal Details
Entry Price: 
1.1090
Take Profit: 
1.1100
Stop Loss: 
1.1060
Direction: 
High
Result: 
Profit
How we trade
Average: 5 (6 votes)

EURUSD is trading at 1.1090 ahead of the EU GDP numbers for the third quarter. Despite the slow economy in the EU, the euro is running positive this week. We may see another jump as markets are hopeful that the US and China will reach an agreement. Forex traders will also follow the the US jobs data which is scheduled later today at 13:30 GMT.

eurusd signal 05 dec 2019

Submitted by Toni H. on Thu, 05 Dec 2019 08:38:26 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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