EUR/USD Forecast June 8, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 08 June 2016 07:59 UTC
The EUR/USD pair failed to move again during the day on Tuesday, as we are simply grinding sideways. We had a very impulsive move on Friday, but since then haven’t done much. It appears the market is struggling with the 1.14 level, and as a result we may have to pull back a little bit in order to start buying again. A pullback and a supportive candle could be a sign of value that the market is attracted to. Nonetheless, one thing that we can count on is going to be quite a bit of volatility.

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.