{"id":151721,"date":"2019-07-18T07:30:55","date_gmt":"2019-07-18T11:30:55","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=151721"},"modified":"2019-07-18T07:19:38","modified_gmt":"2019-07-18T11:19:38","slug":"eurusd-markets-looking-to-revisit-the-1-1287-high","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/07\/eurusd-markets-looking-to-revisit-the-1-1287-high\/","title":{"rendered":"EURUSD: markets looking to revisit the 1.1287 high"},"content":{"rendered":"<div id=\"inves-2719936334\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 18, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"https:\/\/alpari.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Alpari.com<\/a><\/strong><\/p>\n<div class=\"-cms-content analytics-reviews-category-review-article__review\">\n<div>\n<p><strong><em>Previous:<\/em><\/strong><\/p>\n<p>On Wednesday the 17<sup>th<\/sup> of July, trading on the euro closed up against the dollar, recovering about half of the losses incurred on Tuesday. The pair inched upwards during the Asian session, before dropping sharply to 1.1199 ahead of ECB member Beno\u00eet C\u0153ur\u00e9\u2019s speech. Reaction to the economist\u2019s comment subsequently strengthened the euro against the dollar.<\/p>\n<p>The UK\u2019s inflation report showed consumer inflation unchanged at 2%, as had been predicted by experts. Core inflation in the Eurozone rose by 0.4%; 0.1% higher than the previous month. The euro continued to rise throughout the day, continuing into the US session. The pair closed day 0.1% up, which was undoubtedly facilitated in part by the Fed\u2019s Beige Book.<\/p>\n<p><strong><em>Day\u2019s news (GMT+3):<\/em><\/strong><\/p>\n<ul>\n<li>11:30 UK: retail sales (Jun), BoE credit conditions survey (Q2).<\/li>\n<li>15:30 US: initial jobless claims (12 Jul), Philadelphia Fed manufacturing survey (Jul).<\/li>\n<li>16:30 US: Fed\u2019s Bostic speech.<\/li>\n<li>21:15 US: Fed\u2019s Williams speech.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/alpari.com\/storage\/inline-images\/EURUSD_18.07.19.png\" alt=\"EURUSD H1\" data-entity-type=\"file\" data-entity-uuid=\"de4acf19-51a2-4959-8903-973949afa2b1\" \/><strong><em>Current situation:<\/em><\/strong><\/p>\n<p>In the short term, the EURUSD is likely to move within a range of 1.1194 to 1.1287. A breakout of 1.1194 will provide good reason to open short positions. We also shouldn\u2019t rule out the possibility of revisiting the 1.1287 high.<\/p>\n<\/div>\n<\/div>\n<p><strong>By <a href=\"https:\/\/alpari.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Alpari.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Alpari.com Previous: On Wednesday the 17th of July, trading on the euro closed up against the dollar, recovering about half of the losses incurred on Tuesday. The pair inched upwards during the Asian session, before dropping sharply to 1.1199 ahead of ECB member Beno\u00eet C\u0153ur\u00e9\u2019s speech. Reaction to the economist\u2019s comment subsequently strengthened the [&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-151721","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151721","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=151721"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151721\/revisions"}],"predecessor-version":[{"id":151722,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/151721\/revisions\/151722"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=151721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=151721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=151721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}