European Session EUR/USD - Euro Dollar
1,5642. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility is low.

Previous: 590 Thousand Units  Forecast: 584 Thousand Units Definition
Is an economic indicator in the United States released by the US Department of Commerce’s Census Bureau, it’s published on a monthly basis for the prior month, including both prices and quantity statistics. It is an indicator that reports sales to newly constructed residences in the US.

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Though there are unlimited variations to trading styles and strategies, there is one broad commonality that most retail currency traders, be they novices or veterans, share - trading one lot at a time. When developing a strategy, most traders pay more attention to their indicators while giving little thought to money management. However, managing a [...]

The currency pair is in an uptrend unfolding from the 1.2484 bottom and probably ahead of a significant reversal on weekly basis. The technical indicators are rising and the trading is situated above the 50-day and the 200-day SMA, currently projected at 1.5317 and 1.4516.