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EUR/USD trading signal - US first estimate of Q3 GDP - 26 Oct 2018

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Signal details
Entry Price: 
1.1370
Close Price: 
1.1403
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 6 ratings

The Euro is trading at 1.1370 after yesterday reached its lowest level since August, as largely expected, the ECB decided to leave rates unchanged. Today, focus will be on the U.S. GDP data which release is scheduled for 12:30 GMT. We expect to see some recovery in the near terms with EURUSD targeting 1.1420 level.

eurusd trading signal 26 oct 2018

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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.