Technical factors that affect this pair:
Analyzing the pair EURUSD, we like to pay attention primarily to the 4H TF. The euro is trying to break through the trend line which also acts as a resistance level. At the same time, a rebound from the support line occurs at the 1D TF. The MACD histogram crosses the signal line of 0 from the bottom up, which is a signal to buy. The Williams% R oscillator is near the lower limit, preparing to exit the oversold zone. The exponential average with a period of 9 is located at 1.1400.
Conclusion: a short-term purchase is possible after a breakout of the level of 1.1400 (EMA-9). A target could be placed at 1.1470. Stop loss orders are a must.
Fundamental factors that can affect the currency pair:
Due to US government Shutdown, it seems that a whole block of statistics of the US real estate market will fall out. Thus, technical analysis is currently coming to the forefront when analyzing the situation on the FOREX market.