Our free forex signals service today looks at the EUR/USD and we have the entry, stop and take profits levels for you. The European currency corrected from local lows in the EUR/USD pair, the dynamics of the Dollar were influenced by economic reports from the United States. –Are you interested to learn more about forex options trading? Check our detailed guide- Durable goods orders in the US rose 0.8% in June against 3.2% a month earlier (revised from 2.3%). Analysts had expected an increase of 2.1%. Basic orders for durable goods (excluding transport) increased by 0.3%, the May indicator was revised upward from 0.3% to 0.5%. Experts forecast an increase of 0.8% in June. Get FREE Forex Signals Now! Today, traders are looking for the results of the Federal Reserve meeting. In all likelihood, the committee will leave the current monetary policy unchanged, which may strengthen the European currency since this scenario has already been taken into account by the market. In the first half of the day, important fundamental data are not released, so it is necessary to pay attention only to the report on the leading consumer climate index in Germany. Considering that the Euro buyers yesterday did not manage to get above the upper border of the side channel 1.1830, their whole focus today will be shifted to this level. Testing this area from top to bottom will form a signal to open long positions to continue the upward correction based on the rise to 1.1874. In the scenario of a decline in EUR/USD during the European session and weak data for Germany, better not to rush into buying. EUR/USD free forex signals Instrument: EUR/USD Order: BUY STOP Entry price: 1.1845 Stop Loss: 1.1768 TP1: 1.1940 Recommended Risk: 1% Risk / Reward Ratio: 1:1.2 Signal validity period: Good until cancelled Looking to trade forex now? Invest at eToro! Trade Forex Now! 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Saqib Iqbal Saqib Iqbal Saqib Iqbal is a market analyst, prop fund trader and mentor, serving the industry with his analysis and educational content since 2011. The author has great exposure to different financial markets and institutions. He's well-known for his day trading reviews and multiple timeframe analysis. View All Post By Saqib Iqbal Forex Trading Signals share Read Next Gold Price Forecast: XAU/USD Soars, Stays Overs $1,800 Ali B. 2 years Our free forex signals service today looks at the EUR/USD and we have the entry, stop and take profits levels for you. The European currency corrected from local lows in the EUR/USD pair, the dynamics of the Dollar were influenced by economic reports from the United States. -Are you interested to learn more about forex options trading? Check our detailed guide- Durable goods orders in the US rose 0.8% in June against 3.2% a month earlier (revised from 2.3%). Analysts had expected an increase of 2.1%. Basic orders for durable goods (excluding transport) increased by 0.3%, the May indicator was… 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.
