First, we look into the previous day trade and what happened on August 3, 2018, and the EUR/USD pair opened at 1.15839 and went high at 1.16074 and gone to low at 1.15627 and finally closed at 1.15658. The calculated pivot point for the day is 1.15786.
The difference between high and low was 44 pips and there was a little chance for traders to take the opportunity and benefit.
BUYING AND SELLING LEVELS TO BE OBSERVED BY TRADERS
TODAY EVENTS TO BE OBSERVED AND TRADERS SHOULD BE CAUTIOUS AT THESE TIMES AND TAKE ADVANTAGE OF THE EVENTS
EURUSD FUNDAMENTALS TODAY
EUR Factory Orders s.a. (MoM)
EUR Factory Orders n.s.a. (YoY)
EUR Individual Investment (Current Year)
EUR Sentix Investor Confidence
USD Loan Officer Survey
USD 3-Month Bill Auction
USD 6-Month Bill Auction