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FX.co ★ Video forecast for July 6 EUR / USD GBP / USD

Video forecast for July 6 EUR / USD GBP / USD

Video forecast for July 6 EUR / USD GBP / USD

Today, the movement of the European currency and US dollar will directly depend on the fundamental data.

Important US data:

  • Change in the number of employees from the ADP
  • Number of initial application for unemployment benefits
  • Composite ISM index for non-productive sphere

Indicators for the EUR-USD Pair:

A breakthrough to the level of 1.1350 will lead to euro purchases.

A breakthrough to the level of 1.1325 will lead to the sales of euro.

Indicators for GBP-USD:

A breakthrough to the level of 1.2950 will lead to pound purchases.

A breakthrough to the level of 1.2925 will lead to the sales of pound.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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