{"id":142149,"date":"2019-02-19T12:05:51","date_gmt":"2019-02-19T17:05:51","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=142149"},"modified":"2019-02-19T07:07:35","modified_gmt":"2019-02-19T12:07:35","slug":"eurusd-trend-may-reverse-upwards-in-a-couple-of-weeks","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/eurusd-trend-may-reverse-upwards-in-a-couple-of-weeks\/","title":{"rendered":"EURUSD: trend may reverse upwards in a couple of weeks"},"content":{"rendered":"<div id=\"inves-4072254722\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 19, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By Natalia Milchakova, Alpari<\/strong><\/p>\n<div class=\"reviews-item__content\">\n<p>On Monday, trading on the EURUSD pair closed up by a decent amount. By close, the euro had appreciated by 0.11% to finish the day at 1.1308. The single currency has started the week by attempting to reverse the downtrend started at the beginning of February. The euro has lost 1.2% against the dollar since the beginning of the month. We could see this trend reverse in the coming weeks, and the euro may rise as far as 1.1340.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/alpari.com\/storage\/inline-images\/EURUSD-daily_0.png\" alt=\"EURUSD D1\" data-align=\"center\" data-entity-type=\"file\" data-entity-uuid=\"3120efc7-2b4e-46ba-9a49-72914ba2cbea\" \/>It would seem that European markets are satisfied with the way US-China trade talks are going, with US President Donald Trump hailing the progress being made on his Twitter account. Divisions within the UK\u2019s Labour Party, which led to the resignation of several MPs on Monday, could be a sign of things to come as internal divisions within the UK may slow down the process of leaving the EU.<\/p>\n<p>This morning, the EURUSD pair has shed 0.1% of yesterday\u2019s close. It\u2019s possible that today and tomorrow, the euro will fluctuate within a small range of 1.129 \u2013 1.131.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/alpari.com\/storage\/inline-images\/EURUSD_1.png\" alt=\"EURUSD M15\" data-align=\"center\" data-entity-type=\"file\" data-entity-uuid=\"07e57a79-0c81-4e2d-bb4b-43644bbdb67a\" \/><\/div>\n<div class=\"grid__row s_height_36\">\n<div class=\"grid__col grid__col_w_5\">\n<div id=\"vk_like\"><\/div>\n<\/div>\n<div class=\"grid__col grid__col_w_4\">\n<div class=\"fb-like\" data-action=\"like\" data-href=\"https:\/\/alpari.com\/en\/analytics\/reviews\/market_sessions\/115015_19022019\/\" data-layout=\"button_count\" data-share=\"false\" data-show-faces=\"true\"><\/div>\n<\/div>\n<div class=\"s_invisible_yes\">Source: &#8220;<a href=\"https:\/\/alpari.com\/en\/hidden_copyright\/\" rel=\"nofollow\">EURUSD: trend may reverse upwards in a couple of weeks<\/a>&#8220;<\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Natalia Milchakova, Alpari On Monday, trading on the EURUSD pair closed up by a decent amount. By close, the euro had appreciated by 0.11% to finish the day at 1.1308. The single currency has started the week by attempting to reverse the downtrend started at the beginning of February. The euro has lost 1.2% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-142149","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/142149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=142149"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/142149\/revisions"}],"predecessor-version":[{"id":142150,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/142149\/revisions\/142150"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=142149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=142149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=142149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}