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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 for EUR/USD pair on 24.06.2019

Focus of the market is on the Trump talks with Xi Jin Ping at the G-20 summit in Japan at the end of a new week.

The market expects the US and China to make a deal and this will end the protracted trade war launched by Trump.

On the optimism of these expectations, the markets are growing and the dollar is declining, as well as on the expectation of a Fed rate cut.

We keep purchasing from 1.1250 with possible kickbacks.

In the case of a full downward turn, sales from 1.1180 are suggested.

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