Forex Analysis For EURUSD - Friday, June 29

Yesterday the EURUSD pair opened at 1.1551 and went high at 1.1600 and gone low 1.1527 and finally closed at 1.1567. The calculated pivot point for the day is 1.1564.

EURUSD Pair

First, we look into the yesterday trade and what happened on June 28, 2018, and it opened at 1.1551 and went high at 1.1600 and gone low 1.1527 and finally closed at 1.1567. The calculated pivot point for the day is 1.1564

The difference between high and low was nearly 73 pips and was a good chance for buyers to take the recovery opportunity and finally benefited. Even though the pair is recovering upside, now the opportunity is consolidation and sideways trade for few days. Hourly traders are waiting for an opportunity to buy at 1.1660 level to get 55 pips profit and waiting for further recovery of the market.

Level First Level Second Level Third Level
Buy 1.1665 1.1690 1.1715
Sell 1.1568 1.1540 1.1512

Today EURUSD pair is going to be impacted by these events, so check the event times and watch negative and positive levels to get more profits out of those events.

GMT

Event

Vol.

Actual

Consensus

Previous

THURSDAY, JUN 28

           

4:45

 USD Fed's Bullard speech

       
16:00 USD FOMC Member Bostic speech        

FRIDAY, JUN 29

24h

 EUR European Council meeting

       

06:00

 EUR Retail Sales (MoM)

   

-0.5%

2.3%

(Click on image to enlarge)

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