27.05.201912:21 Forex Analysis & Reviews: Burning forecast EURUSD 27/05/2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

At the end of last week, the announcement of the resignation of the Prime Minister of Britain, Theresa May, stopped the decline of the pound. This supported the euro.

Over the weekend, the elections to the European Parliament were held - despite the fears, the majority were gathered by the supporters of the preservation of EU.

The euro, at the end of last week, gave a signal to move upwards, breaking through the level of 1.1190 and fixing higher.

We are waiting for the trend to continue upwards.

We keep buying euro from 1.1190.

The key level for growth is 1.1270.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.