FX.co ★ Burning forecast 06.25.2019 EURUSD and trading recommendation

The EURUSD rate holds the growth trend set by the Fed's decision to consider a decline in the dollar rate in the following months. This caused the dollar to generally fall against major currencies, gold and oil.

The next important news - at the end of the week - the Trump-China talks - at the G-20 summit in Japan. Expectations: Trump and China agree on a trade-off on trade disputes.

EURUSD: The trend is in force, but a considerable distance has already passed from the beginning (from 1.1250 to 1.1410) - a deep correction is quite likely before the new growth. The correction may have a daily scope.

In terms of technical analysis, purchases are possible from 1.1350, from 1.1320, from 1.1300 and from 1.1280