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FX.co ★ Evening review for EURUSD on 12/04/2019

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Forex Analysis:::2019-12-04T13:07:08

Evening review for EURUSD on 12/04/2019

Evening review for EURUSD on 12/04/2019

There was some optimism in the market:

The pound is starting to rise on the way out of a narrow consolidation - in new polls ahead of the December 12 election. Polls show a strong lead of the conservative. This means that Johnson will be able to carry out his version of Brexit.

US: It has been reported that China and the US are successfully moving towards a trade agreement - despite disagreements and other issues such as Hong Kong.

We are waiting for important data on the US: the employment report from ADP at 14:15 London time and the ISM service index report at 16:00.

We keep purchases from 1.1035 and expect to break above 1.1100 and close the day above 1.1100.

Analyst InstaForex
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