The Euro will wait for investors. Overview for 22.04.2019
The major currency pair started this week; a lot of market players are out of the market for Easter holidays.
EURUSD is very unlikely to trade actively on Monday. The current quote for the instrument is 1.1250.
Today, the Catholic world is still celebrating Easter holidays, that’s why the macroeconomic calendar is empty.
The only thing to be published today that is more or less interesting is the report on the Existing Home Sales in the USA. The indicator is expected to be 5.31M in March after being 5.51M the month before. However, due to the reasons specified above, no reactions are expected on the market.
EURUSD may get more active on Thursday or Friday, when market players will return to the market. At the end of the week, the USA are scheduled to report on the GDP, which may increase dynamics and volumes in the pair.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
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