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Euro/Dollar: Readying for a Fall

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 27, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Hourly Yesterday’s Trading: My Monday’s expectations came off fully. The euro/dollar lifted to 1.1055 and then fell to 1.1003. From here it renewed to 1.1067 due to weak US housing data. Sales of new homes fell to 468,000. The previous value was reassessed down from 552k to 529k. Main news of the day: At 11:30 EET, the UK is releasing preliminary Q3 GDP data; At 14:30 EET, the US will release a report on durable goods orders for September; At 15:00 EET, the US will see S&P/Case-Shiller’s

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