LMAX Group Research Desk
LMAX Group
EURUSD Analysis: Bigger picture outlook and key levelsThe Euro is in the process of consolidating after dropping down to a 2018 low around 1.1500. However, the weakness down to 1.1500 is viewed as a correction within a more meaningful medium term uptrend, with that next higher low sought out around 1.1500 in favour of a bullish continuation.
In this analysis, we take a look at EURUSD each day, highlighting all of the need to knows for anyone looking to extract up to date information on the major levels and relevant trends, both short term and longer-term. The analysis is designed for the trader, investor and even those simply holding Euro or US Dollars, looking for an idea of where they may want to consider making that next conversion.
The EURUSD update is new each day and is presented with an added layer of animation, in an effort to make the analysis as engaging as possible, while also communicating the message with respect to key trends and levels in an easy to understand, seamless manner with great value add to all.
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