From the fundamental analysis, global growth for 2017 is expected to be above 2016; for 2018 the forecast is for moderation. The forecast for the end of 2017 is that the US economy exceeds in tenths of the European Union. Exports to the US from the EU have been greater than imports, with the result that the balance is deficit by structure. The TTIP aims to create a consumer area composed of 800 million people. I think that in this analysis it is bullish for the EUR.

From the long-term technical analysis with graphs of 1M, 1W, 1D, 4H and 1H the trend is bullish for the EUR, and in the short term with charts of 30M, 15M, 10M and 5M the trend is bullish for the EUR.

From my fundamental point of view, the decision of the FED has not yet been published, tomorrow the BoE and the ECB will answer, I am going to take a bullish move for the EUR.



https://www.bea.gov/

http://trade.ec.europa.eu/doclib/docs/2013/december/tradoc_151969.pdf

https://data.worldbank.org/indicator/NE.EXP.GNFS.ZS

https://datacatalog.worldbank.org/

http://www.bancomundial.org/es/publication/global-economic-prospects

http://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKMARK_DS-337917_QID_-7C2BCCA0_UID_-3F171EB0&layout=TIME,C,X,0;PARTNER,L,Y,0;INDIC_ET,L,Z,0;GEO,L,Z,1;SITC06,L,Z,2;STK_FLOW,L,Z,3;INDICATORS,C,Z,4;&zSelection=DS-337917INDICATORS,OBS_FLAG;DS-337917GEO,EU28;DS-337917INDIC_ET,TRD_VAL;DS-337917SITC06,TOTAL;DS-337917STK_FLOW,BAL_RT;&rankName1=STK-FLOW_1_2_-1_2&rankName2=SITC06_1_2_-1_2&rankName3=INDIC-ET_1_2_-1_2&rankName4=GEO_1_2_-1_2&rankName5=INDICATORS_1_2_-1_2&rankName6=TIME_1_0_0_0&rankName7=PARTNER_1_2_0_1&ppcRK=FIRST&ppcSO=ASC&sortC=ASC_-1_FIRST&rStp=&cStp=&rDCh=&cDCh=&rDM=true&cDM=true&footnes=false&empty=false&wai=false&time_mode=ROLLING&time_most_recent=true&lang=EN&cfo=%23%23%23%2C%23%23%23.%23%23%23

http://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKMARK_DS-337917_QID_-7C2BCCA0_UID_-3F171EB0&layout=TIME,C,X,0;PARTNER,L,Y,0;INDIC_ET,L,Z,0;GEO,L,Z,1;SITC06,L,Z,2;STK_FLOW,L,Z,3;INDICATORS,C,Z,4;&zSelection=DS-337917INDICATORS,OBS_FLAG;DS-337917GEO,EU28;DS-337917INDIC_ET,TRD_VAL;DS-337917SITC06,TOTAL;DS-337917STK_FLOW,BAL_RT;&rankName1=STK-FLOW_1_2_-1_2&rankName2=SITC06_1_2_-1_2&rankName3=INDIC-ET_1_2_-1_2&rankName4=GEO_1_2_-1_2&rankName5=INDICATORS_1_2_-1_2&rankName6=TIME_1_0_0_0&rankName7=PARTNER_1_2_0_1&ppcRK=FIRST&ppcSO=ASC&sortC=ASC_-1_FIRST&rStp=&cStp=&rDCh=&cDCh=&rDM=true&cDM=true&footnes=false&empty=false&wai=false&time_mode=ROLLING&time_most_recent=true&lang=EN&cfo=%23%23%23%2C%23%23%23.%23%23%23
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