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EUR/USD trading signal - German Inflation data - 30 Jul 2018

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Signal details
Entry Price: 
1.1630
Close Price: 
No Trade
Direction: 
High
Expiry Time: 
21:00 GMT
How we trade
Average: 5 (7 votes)

The EURUSD major pair is trading in a range since end of May this year and it will probably continue in August in the same way. For today, we would expect action to happen in the range between 1.1630 - 1.1680 levels and the pair eventually to close near the upper level. The German Inflation data report is scheduled for today 12:00 GMT, but with monetary policy divergence, it is unlikely to influence the market heavily.

eurusd trading signal 30 jul 2018

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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.