$EURUSD

[mlawson71]

I took a look at the economic calendar for this week and wow, I was not expecting so many news. Is anyone actually trading this week?

 

[Onra]

There's some action on the "Daytrading EUR/USD" thread...
In anticipation of the big news, I find it difficult to trade at the moment.

 

[mlawson71]

Me too, I'd rather sit on my hands than take a risk with everything that's going on this week.

 

[atawil]

will the world cup affect euro ?

 

[mlawson71]

will the world cup affect euro ?

Why would it do that? I am not sure I follow.

 

[mlawson71]

Either way, it's clearly time for some correction to the upside. The pair should reach 1.1700 next week, I think.

 

[atawil]

i dont know i thought this will have some financial effect and will affect euro +ively

 

[mlawson71]

Either way, the pair is testing the support at 1.1550 and by the looks of it, it may keep depreciating.

 

[atawil]

Trump China and tarrifs again .

 

[atawil]

Bloomberg
U.S. Plans to Withdraw From UN Human Rights Co

"The Trump administration plans to announce its withdrawal from the United Nations Human Rights Council on Tuesday, making good on a pledge to leave a body it has long accused of hypocrisy and criticized as biased against Israel, according to two people familiar with the matter."

Not good for the USD