The pair EUR/USD is trading unmotivated within the range of daily until now the Monday, currently parked around 1.1730 before the publications of today in the USA
EUR/USD attention to the u.s. data
The pair has stabilized in the lower end of the range daily after the figures advanced of inflation in the euro zone showed that consumer prices are expected to increase at a 1.3% annualised in July, while the basic price will appreciate by 1.2% over the last year.
the pair is absorbing profit-taking flows and the end of the month in the range close to 1.1730, and not so far away from the maximum recent annual near 1.1780. On the other hand, the least recent in the american dollar seem to have encouraged the sellers of the USD to return to the markets, although the outlook for the us dollar remains in the bearish territory for the moment.
In the light of the strong gains of recent weeks, the bonds net speculative have fallen to lows of 2 weeks during the week ended July 25, according to the latest report from the CFTC, although positioned even in favor of the european currency in the activity of the market of futures and options. Later in the day, the sales of homes pending in the united states.UU and the Chicago PMI will be the only data published in the agenda of the U.S.
Levels of EUR/USD
At the moment the pair is losing 0.17% at 1.1730 against the following support to 1.1655 (SMA of 10 days) followed by 1.1611 (maximum of 26 July), and finally 1.1527 (SMA 21 days).
On the other hand, 1.1777 (maximum of 27 July 2017) seconded by 1.1800 (psychological level) and then 1.2166 (50% Fibo of the fall 2014-2017).