EUR/USD is under pressure, trading in the lower end of the range. What’s next? Here is their view, courtesy of eFXdata: TD Research discusses EUR/USD outlook and thinks that dips around current levels should provide good entry levels for establishing fresh longs. “In Europe, the EUR looks set to play its 1.1550 to 1.1850 range while the Brexit bill votes will carry some weight in GBP. We still believe that the market has priced much much of the bad news in Europe, offering good entry levels here. Most of these currencies screen around 2-sigmas cheap to HFFV and data momentum has recovered smartly. GBPUSD should be trading around 1.35 and the EURUSD around 1.19,” TD argues. For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next EUR/USD downside bias in play below 1.1723/90 – Commerzbank FX Street 5 years EUR/USD is under pressure, trading in the lower end of the range. What's next? Here is their view, courtesy of eFXdata: TD Research discusses EUR/USD outlook and thinks that dips around current levels should provide good entry levels for establishing fresh longs. "In Europe, the EUR looks set to play its 1.1550 to 1.1850 range while the Brexit bill votes will carry some weight in GBP. We still believe that the market has priced much much of the bad news in Europe, offering good entry levels here. Most of these currencies screen around 2-sigmas cheap to HFFV and data momentum… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
