Trading plan 02/21/2018

Trading plan 02/21/2018

The general picture: The market is preparing the movement.

The last days in the market are correctional, range sentiments. This is normal: There is NO news, in fact. The last news was a week ago. The growth of inflation in the United States, it caused a correction in currencies but it has already won. The new news today at 19:00 London Time, the "minutes" of the Fed. What to expect? It is more likely that there will be no strengthening of the Fed's tight position and the dollar will decline. But there are also possible surprises.

More likely, a new round of growth against the dollar is expected.

This is the last week without important news. Next week, there will be a data package for the United States.

The euro is in the range of 1.2205 - 1.2555. We are waiting for release.

Pound: We are waiting for growth, we buy from 1.3940.


The material has been provided by InstaForex Company -