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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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Trading plan on EUR/USD for January 22, 2020.

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The market is generally calm. From the news, the US market showed the first signal of a downward turn.

IBM has shown a slowdown in sales, which signals that the tech sector has started to stop.

EUR/USD: the euro is still waiting for the ECB on Thursday, January 23.

Tuesday was marked by a fierce struggle between buyers and sellers. Buyers won the first half of the day, raising the euro to almost 1.1120. However, by the evening, sellers completely took away all the growth.

Nonetheless, the 1.1070-1.1080 zone remains controversial.

Buy when the price breaks 1.1075 upwards.

Sell when the price reached 1.1070 or downwards.

The material has been provided by InstaForex Company - www.instaforex.com