empty
in
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी

30.07.201901:52 विदेशी मुद्रा विश्लेषण और समीक्षा: EUR/USD pair starts a busy week

Long-term review

Exchange Rates 30.07.2019 analysis

EUR/USD is trading near the 1,1100 mark, the trend remains downward, and the chart shows bearish signs. The relative strength index (RSI) is falling, the pair cannot consolidate even at the lowest support line - 1.1195, which is also a sign of a further fall. When a currency pair cannot restore positions on the previous support line - it has only has one direction - down. The EUR/USD pair failed to continue the rebound following Draghi's statements, and the main driving force behind the recent fall was the optimistic report on US GDP. US economic indicators have lowered expectations for significant monetary stimulus from the Fed, and lower rates will not mean the start of a new policy easing cycle.

Exchange Rates 30.07.2019 analysis

The moderate easing of the Fed contrasts with the ECB's strategy. So far, the European regulator abstained from any action, but laid the foundation for the announcement of a significant "package of measures" at its September meeting. Trade tensions between Europe and the United States intensify after French President Emmanuel Macron signed a law on the "digital tax" on technology companies, primarily American ones. Trump responded with a threat to introduce a tariff for French wines and other European products. Meanwhile, trade negotiations between the US and China are resuming in Shanghai - for the first time since May. All this time, the parties communicated only by phone, but now resume personal summits. Any positive news on the basis of these meetings will instantly affect the EUR/USD pair, and they will not be as good for the euro as for the dollar.

Irina Maksimova,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

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

See Also

फोरेक्स न्यूज़
  • 2025-04-15 15:04:25
    Croatia Inflation Rate Confirmed at 3.2%
    2025-04-15 15:04:25
    German Investor Sentiment Plunges on Tariffs
    2025-04-15 15:04:25
    Eurozone Industrial Output Growth Beats Expectations
    2025-04-15 15:04:25
    Eurozone Investor Morale Lowest since 2022
    2025-04-15 15:04:25
    Iron Ore Rebounds from 6-Month Low
    2025-04-15 15:04:25
    UK Treasury Gilt Auction Sees Slight Decline in Yields
    2025-04-15 15:04:25
    Euro Zone ZEW Economic Sentiment Dives Into Negative Territory In April
    2025-04-15 15:04:25
    Euro Zone Industrial Production Rebounds in February with 1.2% Growth
    2025-04-15 15:04:25
    German Economic Sentiment Surges in April: ZEW Conditions Indicator Shows Positive Shift
    2025-04-15 15:04:25
    Euro Zone Industrial Production Shows Promising Growth in February
  • 2025-04-15 15:04:25
    Retail Growth Slows: Redbook Reports Decline in Year-Over-Year Sales Increase
    2025-04-15 15:04:25
    Canada Annual Core Inflation Rate Drops to 2.2%
    2025-04-15 15:04:25
    US Export Prices Unchanged in March
    2025-04-15 15:04:25
    NY State Business Activity Shrinks Less Than Expected
    2025-04-15 15:04:25
    Canada Inflation Rate Unexpectedly Softens
    2025-04-15 15:04:25
    US Import Prices Unexpectedly Fall on Lower Fuel Costs
    2025-04-15 15:04:25
    U.S. Export Price Index Sees Modest Rise in March 2025
    2025-04-15 15:04:25
    U.S. Import Price Index Slows to 0.9% in March – A Sign of Easing Inflationary Pressures
    2025-04-15 15:04:25
    Canada's Trimmed CPI Sees Slight Decline to 2.8% in March
    2025-04-15 15:04:25
    Steady Median CPI in Canada Marks Economic Stability for March
  • 2025-04-15 15:04:25
    Canada's Manufacturing Sales Rebound in February, Hitting Positive Territory
    2025-04-15 15:04:25
    Canadian CPI Slows in March, Reflects Easing Inflationary Pressures
    2025-04-15 15:04:25
    Canada's Core CPI Records a Significant Decline in March
    2025-04-15 15:04:25
    Canada's Common CPI Dips Slightly in March 2025
    2025-04-15 15:04:25
    U.S. Import Prices Dip in March, Reversing February's Gains
    2025-04-15 15:04:25
    U.S. Export Prices Stagnate at 0.0% in March Amid Economic Adjustments
    2025-04-15 15:04:25
    Canada's CPI Sees Sharp Decline in March, Hitting Lowest Level at 0.3%
    2025-04-15 15:04:25
    Canadian Core CPI Significantly Slows in March, Signals Economic Stability
    2025-04-15 15:04:25
    NY Empire State Manufacturing Index Shows Improvement in April
    2025-04-15 15:04:25
    Canadian Housing Starts Diminish in March: A 3.25% Drop from February Levels
  • 2025-04-15 15:04:25
    US Futures Little Changed
    2025-04-15 15:04:25
    Botswana's Inflation Slows: CPI Eases to 0.2% in March
    2025-04-15 15:04:25
    Botswana's Consumer Price Index Inches Up to 2.8% in March
    2025-04-15 15:04:25
    Brazil's IGP-10 Inflation Index Slips into Negative in April
    2025-04-15 15:04:25
    Euro Zone's Reserve Assets Climb by €32.5 Billion in March
    2025-04-15 15:04:25
    India's Trade Deficit Widens to $21.54 Billion in March
    2025-04-15 15:04:25
    India's March Import Surge: A 24.6% Increase Shakes Economic Landscape
    2025-04-15 15:04:25
    India's Export Boom: A Soaring $41.97 Billion Achievement in March 2025
    2025-04-15 15:04:25
    US 10-Year Treasury Yield Edges Up
    2025-04-15 15:04:25
    Indian Inflation Falls to Over 5-Year Low
  • 2025-04-15 15:04:25
    India's CPI Eases to 3.34% in March, Signaling Slowing Inflationary Pressures
    2025-04-15 15:04:25
    Irish Trade Surplus Doubles in February
    2025-04-15 15:04:25
    Sensex Ends on Strong Note
    2025-04-15 15:04:25
    Oil Falls on Demand Worries
    2025-04-15 15:04:25
    Germany's 5-Year Bobl Auction Yields Dip, Indicating Investor Confidence
    2025-04-15 15:04:25
    South Africa Mining Output Falls the Most in Over 2 Years
    2025-04-15 15:04:25
    South Africa's Mining Production Plummets to a Disheartening -9.6% in February
    2025-04-15 15:04:25
    South African Gold Production Slides 7.6% Amidst Economic Challenges
    2025-04-15 15:04:25
    India Trade Deficit Widens in March
    2025-04-15 15:04:25
    Bulgaria Current Account Shifts to Deficit
  • 2025-04-15 15:04:25
    Croatia Inflation Rate Confirmed at 3.2%
    2025-04-15 15:04:25
    German Investor Sentiment Plunges on Tariffs
    2025-04-15 15:04:25
    Eurozone Industrial Output Growth Beats Expectations
    2025-04-15 15:04:25
    Eurozone Investor Morale Lowest since 2022
    2025-04-15 15:04:25
    Iron Ore Rebounds from 6-Month Low
    2025-04-15 15:04:25
    UK Treasury Gilt Auction Sees Slight Decline in Yields
    2025-04-15 15:04:25
    Euro Zone ZEW Economic Sentiment Dives Into Negative Territory In April
    2025-04-15 15:04:25
    Euro Zone Industrial Production Rebounds in February with 1.2% Growth
    2025-04-15 15:04:25
    German Economic Sentiment Surges in April: ZEW Conditions Indicator Shows Positive Shift
    2025-04-15 15:04:25
    Euro Zone Industrial Production Shows Promising Growth in February
  • 2025-04-15 15:04:25
    Retail Growth Slows: Redbook Reports Decline in Year-Over-Year Sales Increase
    2025-04-15 15:04:25
    Canada Annual Core Inflation Rate Drops to 2.2%
    2025-04-15 15:04:25
    US Export Prices Unchanged in March
    2025-04-15 15:04:25
    NY State Business Activity Shrinks Less Than Expected
    2025-04-15 15:04:25
    Canada Inflation Rate Unexpectedly Softens
    2025-04-15 15:04:25
    US Import Prices Unexpectedly Fall on Lower Fuel Costs
    2025-04-15 15:04:25
    U.S. Export Price Index Sees Modest Rise in March 2025
    2025-04-15 15:04:25
    U.S. Import Price Index Slows to 0.9% in March – A Sign of Easing Inflationary Pressures
    2025-04-15 15:04:25
    Canada's Trimmed CPI Sees Slight Decline to 2.8% in March
    2025-04-15 15:04:25
    Steady Median CPI in Canada Marks Economic Stability for March

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.