2020-07-20 18:08
Market analysisEUR/USD Outlook (20 July 2020)
Related product：
Forex
Market analysis：
Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced off the support zone of 1.13700.
The eurozone Final CPI y/y data released last Friday confirmed the data of the preliminary release back in 30 June.
-Final CPI y/y (Actual: 0.3%, Forecast: 0.3%, Previous: 0.3%)
-Final Core CPI y/y (Actual: 0.8%, Forecast: 0.8%, Previous: 0.8%)
After the three days EU Economic Summit, leaders of the 27 EU nations stood at an impasse with no progress being made on the discussion of the 750 billion euros in grants and loans set aside to help ease the impact of COVID-19.
EUR/USD’s next support zone is at 1.13700 and the next resistance zone is at 1.15300.
Look for buying opportunities of EUR/USD.
Like 0
Jin_Forex
Trader
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
EUR/USD Outlook (20 July 2020)
Australia | 2020-07-20 18:08Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced off the support zone of 1.13700.
The eurozone Final CPI y/y data released last Friday confirmed the data of the preliminary release back in 30 June.
-Final CPI y/y (Actual: 0.3%, Forecast: 0.3%, Previous: 0.3%)
-Final Core CPI y/y (Actual: 0.8%, Forecast: 0.8%, Previous: 0.8%)
After the three days EU Economic Summit, leaders of the 27 EU nations stood at an impasse with no progress being made on the discussion of the 750 billion euros in grants and loans set aside to help ease the impact of COVID-19.
EUR/USD’s next support zone is at 1.13700 and the next resistance zone is at 1.15300.
Look for buying opportunities of EUR/USD.
Forex
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.
Submit
There is no comment yet. Make the first one.